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REGISTERED NUMBER: 07774459 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 December 2023

for

INTEFENCE LIMITED

INTEFENCE LIMITED (REGISTERED NUMBER: 07774459)






Contents of the Financial Statements
for the year ended 30 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


INTEFENCE LIMITED

Company Information
for the year ended 30 December 2023







DIRECTORS: S Fry
D A Turner





REGISTERED OFFICE: Preston Park House
South Road
Brighton
East Sussex
BN1 6SB





BUSINESS ADDRESS: The Grain Store
Priesthawes Farm
Polegate
East Sussex
BN26 8PW





REGISTERED NUMBER: 07774459 (England and Wales)





ACCOUNTANTS: Plus Accounting
Chartered Accountants
Preston Park House
South Road
Brighton
East Sussex
BN1 6SB

INTEFENCE LIMITED (REGISTERED NUMBER: 07774459)

Balance Sheet
30 December 2023

2023 2022
Notes £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 9,680 12,906
9,680 12,906

CURRENT ASSETS
Stocks 15,000 30,000
Debtors 6 71,704 48,642
Cash at bank 54,713 70,190
141,417 148,832
CREDITORS
Amounts falling due within one year 7 (117,870 ) (116,879 )
NET CURRENT ASSETS 23,547 31,953
TOTAL ASSETS LESS CURRENT
LIABILITIES

33,227

44,859

CREDITORS
Amounts falling due after more than one
year

8

(14,769

)

(24,946

)

PROVISIONS FOR LIABILITIES 9 (718 ) (1,151 )
NET ASSETS 17,740 18,762

CAPITAL AND RESERVES
Called up share capital 4 4
Retained earnings 17,736 18,758
17,740 18,762

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

INTEFENCE LIMITED (REGISTERED NUMBER: 07774459)

Balance Sheet - continued
30 December 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 October 2024 and were signed on its behalf by:





S Fry - Director


INTEFENCE LIMITED (REGISTERED NUMBER: 07774459)

Notes to the Financial Statements
for the year ended 30 December 2023

1. STATUTORY INFORMATION

Intefence Limited is a private company, limited by shares, registered in England and Wales. The company's registered number, registered office address and business address can be found on the Company Information page.

The presentational currency of the financial statements is the Pound Sterling (£).

Monetary amounts in these financial statements are rounded to the nearest pound.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents the fair value of consideration received or receivable net of VAT and trade discounts.

Revenue from the sale of services is recognised at the point of sale.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended by management.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery- 25% reducing balance
Fixtures and fittings- 25% reducing balance
Motor vehicles- 25% reducing balance

Stocks
Stocks are valued at the lower of cost and expected selling price less costs to sell., after making due allowance for obsolete and slow moving items.

Financial instruments
Financial assets, liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's financial statement of financial position when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.


INTEFENCE LIMITED (REGISTERED NUMBER: 07774459)

Notes to the Financial Statements - continued
for the year ended 30 December 2023

2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension plan for its employees. A defined contribution pension plan is a pension plan under which the company pays contributions into a separate entity. Once the contributions have been paid, the company has no further obligations.

The contributions are recognised as an expense in the income statement when they fall due. Amounts owed but not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.

Impairment
At each balance sheet date, the company reviews the carrying amount of its assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any.

Government assistance
Included in bank loans is a coronavirus business interruption loan (CBIL) which is guaranteed by the government. As part of the CBIL scheme the government is paying the first year of interest on the loan.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 2 ) .

INTEFENCE LIMITED (REGISTERED NUMBER: 07774459)

Notes to the Financial Statements - continued
for the year ended 30 December 2023

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 31 December 2022
and 30 December 2023 20,000
AMORTISATION
At 31 December 2022
and 30 December 2023 20,000
NET BOOK VALUE
At 30 December 2023 -
At 30 December 2022 -

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 31 December 2022
and 30 December 2023 7,098 905 48,075 957 57,035
DEPRECIATION
At 31 December 2022 6,025 870 36,815 419 44,129
Charge for year 268 9 2,815 134 3,226
At 30 December 2023 6,293 879 39,630 553 47,355
NET BOOK VALUE
At 30 December 2023 805 26 8,445 404 9,680
At 30 December 2022 1,073 35 11,260 538 12,906

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 27,809 2,284
Other debtors 43,895 46,358
71,704 48,642

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,140 9,890
Trade creditors 57,640 57,888
Taxation and social security 36,773 36,502
Other creditors 13,317 12,599
117,870 116,879

INTEFENCE LIMITED (REGISTERED NUMBER: 07774459)

Notes to the Financial Statements - continued
for the year ended 30 December 2023

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 14,769 24,946

9. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 718 1,151

Deferred
tax
£   
Balance at 31 December 2022 1,151
Accelerated capital allowances (433 )
Balance at 30 December 2023 718