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REGISTERED NUMBER: 04424236 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

FOR

ISOSTATIC FORGING INTERNATIONAL
EUROPE LIMITED

ISOSTATIC FORGING INTERNATIONAL
EUROPE LIMITED (REGISTERED NUMBER: 04424236)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ISOSTATIC FORGING INTERNATIONAL
EUROPE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: D C Evans
R Conaway
S Cotton



SECRETARY: D C Evans



REGISTERED OFFICE: 7 Elgin Street
Sheffield
S10 1UQ



REGISTERED NUMBER: 04424236 (England and Wales)



ACCOUNTANTS: Hollis and Co Limited
Chartered Accountants
35 Wilkinson Street
Sheffield
South Yorkshire
S10 2GB



BANKERS: HSBC Bank plc
PO Box 50
17 Church Street
Sheffield
S1 1HH

ISOSTATIC FORGING INTERNATIONAL
EUROPE LIMITED (REGISTERED NUMBER: 04424236)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 4 36,316 21,269
Cash at bank 8,177 31,378
44,493 52,647
CREDITORS
Amounts falling due within one year 5 101,183 109,504
NET CURRENT LIABILITIES (56,690 ) (56,857 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(56,690

)

(56,857

)

CAPITAL AND RESERVES
Called up share capital 40,100 40,100
Retained earnings (96,790 ) (96,957 )
SHAREHOLDERS' FUNDS (56,690 ) (56,857 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 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.

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 2 January 2025 and were signed on its behalf by:





S Cotton - Director


ISOSTATIC FORGING INTERNATIONAL
EUROPE LIMITED (REGISTERED NUMBER: 04424236)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

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

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 net invoiced sales of services, plus accrued work-in-progress, excluding value added tax.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 17,933 4,200
Other debtors 18,383 17,069
36,316 21,269

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 3,750 6,503
Taxation and social security 1,399 546
Other creditors 96,034 102,455
101,183 109,504

6. RELATED PARTY DISCLOSURES

Included within Creditors : Amounts falling due within one year is is £93,286 owed to Directors. No interest has been paid and there is no fixed repayment date.