Interface Technologies Europe Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 05645422 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

INTERFACE TECHNOLOGIES EUROPE LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

P E Pryke

SECRETARY:

Mrs H E Pryke

REGISTERED OFFICE:

Unit 12 Manfield Park

Guildford Road

Cranleigh

Surrey

GU6 8PT

REGISTERED NUMBER:

05645422 (England and Wales)

ACCOUNTANTS:

A & N (Haslemere) Limited

Aruna House

2 Kings Road

Haslemere

Surrey

GU27 2QA

FIXED ASSETS

Tangible assets

3

11,306

14,126

CURRENT ASSETS

Debtors

4

20,177

39,225

Cash at bank and in hand

220,578

220,269

240,755

259,494

CREDITORS

Amounts falling due within one year

5

7,669

17,611

NET CURRENT ASSETS

233,086

241,883

TOTAL ASSETS LESS CURRENT
LIABILITIES

244,392

256,009

PROVISIONS FOR LIABILITIES

2,148

2,684

NET ASSETS

242,244

253,325

CAPITAL AND RESERVES

Called up share capital

25

Capital redemption reserve

75

Retained earnings

242,144

253,225

242,244

253,325

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 September 2025 and were signed by:

P E Pryke - Director

1.	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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Office equipment

-

25% on reducing balance

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Research & development

The company's intention is to carry out work on innovative design on hardware and processes related to the company's principal activity.

2.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

3.	TANGIBLE FIXED ASSETS

Fixtures

and

Office

fittings

equipment

Totals

£

COST

At 1 January 2024

23,110

18,687

41,797

Additions

-

273

At 31 December 2024

23,110

18,960

42,070

DEPRECIATION

At 1 January 2024

13,360

14,311

27,671

Charge for year

1,950

1,143

3,093

At 31 December 2024

15,310

15,454

30,764

NET BOOK VALUE

At 31 December 2024

7,800

3,506

11,306

At 31 December 2023

9,750

4,376

14,126

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Trade debtors

10,442

34,533

Other debtors

4,803

-

VAT

58

-

Prepayments

4,874

4,692

20,177

39,225

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Trade creditors

4,285

597

Corporation Tax payable

-

6,741

Social security and other taxes

-

4,022

VAT

-

3,924

Other creditors

1,384

327

Accruals

2,000

7,669

17,611