2023-12-01 09306111 2024-11-30 09306111 2023-12-01 2024-11-30 09306111 2023-11-30 09306111 2022-12-01 2023-11-30 09306111 uk-core:WithinOneYear 2023-11-30 09306111 uk-core:WithinOneYear 2024-11-30 09306111 uk-core:AfterOneYear 2023-11-30 09306111 uk-core:AfterOneYear 2024-11-30 09306111 uk-core:ShareCapital 2024-11-30 09306111 uk-core:ShareCapital 2023-11-30 09306111 uk-core:RetainedEarningsAccumulatedLosses 2024-11-30 09306111 uk-core:RetainedEarningsAccumulatedLosses 2023-11-30 09306111 uk-bus:Director1 2023-12-01 2024-11-30 iso4217:GBP xbrli:pure 09306111 uk-bus:AuditExemptWithAccountantsReport 2023-12-01 2024-11-30 09306111 uk-bus:FRS102 2023-12-01 2024-11-30 09306111 uk-bus:FilletedAccounts 2023-12-01 2024-11-30 09306111 uk-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30
I&F Trading Limited
Registered Number:09306111
For the year ended 30 November 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 30 November 2024
I&F Trading Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
09306111
As at 30 November 2024
I&F Trading Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
903,230
838,855
2
903,230
838,855
Current assets
27,018
Cash and cash equivalents
17,185
17,185
27,018
Trade and other payables: amounts falling due within one
year
(61,417)
(1,533)
3
(34,399)
15,652
Net current assets
Total assets less current liabilities
918,882
804,456
Trade and other payables: amounts falling due after more
than one year
(751,712)
(847,598)
4
71,284
Net assets
52,744
Capital and reserves
Called up share capital
4
4
Retained earnings
71,280
52,740
71,284
52,744
Shareholders' funds
For the year ended 30 November 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 of its financial statements for the year ended 30 November 2024 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Imran Valli Patel Director
These financial statements were approved and authorised for issue by the Board on 30 August 2025 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 30 November 2024
I&F Trading Limited
Notes to the Financial Statements
Statutory Information
I&F Trading Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 09306111.
Principal place of business:
First Floor Abbey House
270 - 272 Lever Street
Bolton
BL3 6PD
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
2. Property, plant and equipment
Land and
buildings
£
Cost or
valuation
At 01 December 2023
838,855
64,375
Additions
At 30 November 2024
903,230
At 30 November 2024
Net book value
903,230
At 30 November 2023
838,855
2 of 3
5
For the year ended 30 November 2024
I&F Trading Limited
Notes to the Financial Statements Continued
3. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
(5,300)
1,595
Taxation and social security
4,349
3,651
Other creditors
2,484
56,171
1,533
61,417
4. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Amounts owed to group undertaking and undertaking in which the
company has a participating interest
760,162
751,712
Other creditors
87,436
-
847,598
751,712
5. Average number of persons employed
During the year the average number of employees was 4 (2023 : 1)
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