Acorah Software Products - Accounts Production 16.5.460 false true 30 April 2024 1 May 2023 false 1 May 2024 30 April 2025 30 April 2025 05965607 Mr T P Robinson Mrs I Flynn iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05965607 2024-04-30 05965607 2025-04-30 05965607 2024-05-01 2025-04-30 05965607 frs-core:CurrentFinancialInstruments 2025-04-30 05965607 frs-core:Non-currentFinancialInstruments 2025-04-30 05965607 frs-core:FurnitureFittings 2025-04-30 05965607 frs-core:FurnitureFittings 2024-05-01 2025-04-30 05965607 frs-core:FurnitureFittings 2024-04-30 05965607 frs-core:MotorVehicles 2025-04-30 05965607 frs-core:MotorVehicles 2024-05-01 2025-04-30 05965607 frs-core:MotorVehicles 2024-04-30 05965607 frs-core:ShareCapital 2025-04-30 05965607 frs-core:RetainedEarningsAccumulatedLosses 2025-04-30 05965607 frs-bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 05965607 frs-bus:FilletedAccounts 2024-05-01 2025-04-30 05965607 frs-bus:SmallEntities 2024-05-01 2025-04-30 05965607 frs-bus:AuditExempt-NoAccountantsReport 2024-05-01 2025-04-30 05965607 frs-bus:SmallCompaniesRegimeForAccounts 2024-05-01 2025-04-30 05965607 frs-core:CostValuation 2024-04-30 05965607 frs-core:CostValuation 2025-04-30 05965607 frs-core:ProvisionsForImpairmentInvestments 2024-04-30 05965607 frs-core:ProvisionsForImpairmentInvestments 2025-04-30 05965607 frs-bus:Director1 2024-05-01 2025-04-30 05965607 frs-bus:Director2 2024-05-01 2025-04-30 05965607 frs-countries:EnglandWales 2024-05-01 2025-04-30 05965607 2023-04-30 05965607 2024-04-30 05965607 2023-05-01 2024-04-30 05965607 frs-core:CurrentFinancialInstruments 2024-04-30 05965607 frs-core:Non-currentFinancialInstruments 2024-04-30 05965607 frs-core:ShareCapital 2024-04-30 05965607 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30
Registered number: 05965607
Interfurn Trading Ltd
Unaudited Financial Statements
For The Year Ended 30 April 2025
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—6
Page 1
Statement of Financial Position
Registered number: 05965607
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 54,713 40,377
Investments 5 336,874 336,874
391,587 377,251
CURRENT ASSETS
Stocks - 44,768
Debtors 6 296,802 177,248
Cash at bank and in hand 44,774 41,242
341,576 263,258
Creditors: Amounts Falling Due Within One Year 7 (259,878 ) (218,235 )
NET CURRENT ASSETS (LIABILITIES) 81,698 45,023
TOTAL ASSETS LESS CURRENT LIABILITIES 473,285 422,274
Creditors: Amounts Falling Due After More Than One Year 8 (44,988 ) (69,339 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (9,052 ) (1,054 )
NET ASSETS 419,245 351,881
CAPITAL AND RESERVES
Called up share capital 10 10
Income Statement 419,235 351,871
SHAREHOLDERS' FUNDS 419,245 351,881
Page 1
Page 2
For the year ending 30 April 2025 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.
On behalf of the board
Mrs I Flynn
Director
13/06/2025
The notes on pages 3 to 6 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Interfurn Trading Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 05965607 . The registered office is Airton Grange, Watery Lane, Airton, Skipton, North Yorkshire, BD23 4AP.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

The financial statements are prepared under the historical cost basis.
The financial statements are prepared in sterling, which is the functional currency of the entity.

2.2. Turnover
Turnover is measured at the fair value of the consideration receivable for goods supplied, net of discounts and Value Added Tax.

Sales income is invoiced and recognised on delivery of the goods sold.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Motor Vehicles 25% reducing balance
Fixtures & Fittings 25% reducing balance
2.4. Leasing and Hire Purchase Contracts
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired under hire purchase contracts are depreciated over their useful lives.
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.6. Financial Instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transactions price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

2.7. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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2.8. Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively.

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
2.9. Pensions
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.

2.10. Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period is arises.

2.11. Impairments
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs.

The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2024: 4)
4 4
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4. Tangible Assets
Motor Vehicles Fixtures & Fittings Total
£ £ £
Cost
As at 1 May 2024 62,821 29,914 92,735
Additions 67,175 - 67,175
Disposals (62,821 ) - (62,821 )
As at 30 April 2025 67,175 29,914 97,089
Depreciation
As at 1 May 2024 28,220 24,138 52,358
Provided during the period 25,444 1,444 26,888
Disposals (36,870 ) - (36,870 )
As at 30 April 2025 16,794 25,582 42,376
Net Book Value
As at 30 April 2025 50,381 4,332 54,713
As at 1 May 2024 34,601 5,776 40,377
5. Investments
Other
£
Cost
As at 1 May 2024 336,874
As at 30 April 2025 336,874
Provision
As at 1 May 2024 -
As at 30 April 2025 -
Net Book Value
As at 30 April 2025 336,874
As at 1 May 2024 336,874
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 263,576 74,271
Other debtors 32,182 100,520
Corporation tax recoverable - 847
VAT 1,044 1,610
296,802 177,248
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7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 16,891 14,050
Trade creditors 112,401 108,263
Bank loans and overdrafts 50,000 50,000
Corporation tax 92 -
Other taxes and social security 204 -
Accruals and deferred income 79,210 45,382
Directors' loan accounts 1,080 540
259,878 218,235
Included in creditors: amounts falling due within one year, are net obligations under hire purchase contracts of £16,891 (2024 - £14,050) which are secured against the assets to which they relate.
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 40,821 15,172
Bank loans 4,167 54,167
44,988 69,339
Included in creditors: amounts falling due after more than one year, are net obligations under hire purchase contracts of £40,821 (2024 - £15,172) which are secured against the assets to which they relate.
9. Pension Commitments
The company operates a defined contributions pension scheme. The assets of the scheme are held seperately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £60,032 (2024 - £163,913).
Contributions totalling £nil (2024 - £nil) were payable to the fund at the year end, and are included in creditors: amounts falling due within one year.
10. Related Party Transactions
Included in creditors: amounts falling due within one year, are loan account balances of £1,080 (2024 - £540) owing to the directors.
These loans are interest free and repayable on demand.
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