Company Registration No. 07665334 (England and Wales)
Innovate Contract Furniture Limited
Unaudited accounts
for the year ended 29 June 2024
Innovate Contract Furniture Limited
Annual report and unaudited accounts
for the year ended 29 June 2024
Innovate Contract Furniture Limited
Company Information
for the year ended 29 June 2024
Director
Mr J D Butterfield
Company Number
07665334 (England and Wales)
Registered Office
Unit A2
Parkside Lane
Leeds
West Yorkshire
LS11 5SZ
United Kingdom
Innovate Contract Furniture Limited
Statement of Financial Position
as at 29 June 2024
Fixed assets
19,644
21,572
Current assets
160,104
127,212
Creditors: amounts falling due within one year
(138,248)
(112,345)
Net current assets
21,856
14,867
Total assets less current liabilities
41,500
36,439
Creditors: amounts falling due after more than one year
(28,472)
(31,852)
Accruals and deferred income
(2,100)
(2,900)
Capital and reserves
10,928
1,687
Innovate Contract Furniture Limited is a private company, limited by shares, registered in England and Wales, registration number 07665334. The registered office is Unit A2, Parkside Lane, Leeds, West Yorkshire, LS11 5SZ, United Kingdom.
2 Guarantees and other financial commitments
The company liabilities contain bank loans and overdrafts totalling £35,312 (2023 - £47,328) and other loans totalling £NIL (2023 - £6,143). Part of the other loans are secured against plant and machinery to the value of £NIL (2023 - £4,148).
COVID-19 and Going Concern
The Company has continued to service the Bounce Back Loan taken during the COVID-19 pandemic as illustrated in creditors over one year. 2024 has seen large improvements to business and the directors have the confidence that this will continue throughout 2025.
3 Average number of employees
During the year the average number of employees was 9 (2023: 10).
Innovate Contract Furniture Limited
Statement of Financial Position
as at 29 June 2024 (continued)
For the year ending 29 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and FRS 105, The Financial Reporting Standard applicable to the Micro-entities Regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the board on 25 June 2025
Mr J D Butterfield
Director
Company Registration No. 07665334