30 June 2023 false No description of principal activity Taxfiler 2024.6 07665334business:PrivateLimitedCompanyLtd2023-06-302024-06-29 076653342023-06-29 076653342023-06-302024-06-29 07665334business:AuditExemptWithAccountantsReport2023-06-302024-06-29 07665334business:FilletedAccounts2023-06-302024-06-29 076653342024-06-29 07665334business:Director12023-06-302024-06-29 07665334business:RegisteredOffice2023-06-302024-06-29 076653342023-06-29 07665334core:WithinOneYear2024-06-29 07665334core:WithinOneYear2023-06-29 07665334core:AfterOneYear2024-06-29 07665334core:AfterOneYear2023-06-29 07665334countries:EnglandWales2023-06-302024-06-29 076653342022-07-012023-06-29 07665334business:Micro-entities2023-06-302024-06-29 iso4217:GBP xbrli:pure
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
CONTENTS
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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
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Innovate Contract Furniture Limited Statement of Financial Position as at 29 June 2024
2024 
2023 
£ 
£ 
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)
Net assets
10,928 
1,687 
Capital and reserves
10,928 
1,687 
NOTES TO THE ACCOUNTS
1 Statutory information
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).
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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
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