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REGISTERED NUMBER: 04759033 (England and Wales)








Unaudited Financial Statements

For The Year Ended 31 March 2025

for

Interfluid Hydraulics Limited

Interfluid Hydraulics Limited (Registered number: 04759033)






Contents of the Financial Statements
For The Year Ended 31 March 2025




Page

Balance Sheet 1

Notes to the Financial Statements 2


Interfluid Hydraulics Limited (Registered number: 04759033)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 83,951 83,702

CURRENT ASSETS
Stocks and work in progress 53,016 50,491
Debtors 5 234,745 168,556
Cash at bank and in hand 141,693 261,311
429,454 480,358
CREDITORS
Amounts falling due within one year 6 162,043 180,478
NET CURRENT ASSETS 267,411 299,880
TOTAL ASSETS LESS CURRENT
LIABILITIES

351,362

383,582

CREDITORS
Amounts falling due after more than one
year

7

(15,398

)

(30,892

)

PROVISIONS FOR LIABILITIES (13,491 ) (20,926 )
NET ASSETS 322,473 331,764

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 322,373 331,664
SHAREHOLDERS' FUNDS 322,473 331,764

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 June 2025 and were signed on its behalf by:




K J Ingram - Director


Interfluid Hydraulics Limited (Registered number: 04759033)

Notes to the Financial Statements
For The Year Ended 31 March 2025

1. STATUTORY INFORMATION

Interfluid Hydraulics Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 04759033

Registered office: Beeching Park
Kelly Bray
Callington
Cornwall
PL17 8QS

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 33% on cost, 25% on reducing balance and 10% on cost

Stocks
Stocks and work in progress and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks and work in progress to their present location and condition.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 7 ) .

Interfluid Hydraulics Limited (Registered number: 04759033)

Notes to the Financial Statements - continued
For The Year Ended 31 March 2025

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2024 318,859
Additions 38,101
Disposals (28,459 )
At 31 March 2025 328,501
DEPRECIATION
At 1 April 2024 235,157
Charge for year 27,535
Eliminated on disposal (18,142 )
At 31 March 2025 244,550
NET BOOK VALUE
At 31 March 2025 83,951
At 31 March 2024 83,702

Fixed assets, included in the above, which are held under hire purchase contracts and finance leases are as follows:

Plant and
machinery
etc
£   
COST
At 1 April 2024
and 31 March 2025 34,431
DEPRECIATION
At 1 April 2024 11,836
Charge for year 5,648
At 31 March 2025 17,484
NET BOOK VALUE
At 31 March 2025 16,947
At 31 March 2024 22,595

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors 134,654 101,089
Other debtors 100,091 67,467
234,745 168,556

Interfluid Hydraulics Limited (Registered number: 04759033)

Notes to the Financial Statements - continued
For The Year Ended 31 March 2025

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Bank loans and overdrafts 10,000 10,000
Hire purchase contracts and finance leases (see note 8)
5,493

8,826
Trade creditors 84,052 59,261
Taxation and social security 55,664 96,117
Other creditors 6,834 6,274
162,043 180,478

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.25 31.3.24
£    £   
Bank loans 1,667 11,667
Hire purchase contracts and finance leases (see note 8)
13,731

19,225
15,398 30,892

8. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts Finance leases
31.3.25 31.3.24 31.3.25 31.3.24
£    £    £    £   
Net obligations repayable:
Within one year - 3,333 5,493 5,493
Between one and five years - - 13,731 19,225
- 3,333 19,224 24,718

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25 31.3.24
£    £   
K J Ingram and D Ingram
Balance outstanding at start of year 65,097 63,906
Amounts advanced 60,216 79,815
Amounts repaid (66,624 ) (78,624 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 58,689 65,097

Interest has been charged on the loan at the official HMRC rate of 2.25%.