Interface Contract Management Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 03505173 (England and Wales)

INTERFACE CONTRACT MANAGEMENT LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

A Fearn

S C Lewis

Mrs J M Lewis

SECRETARY:

Mrs J M Lewis

REGISTERED OFFICE:

8 Church Green East

Redditch

Worcestershire

B98 8BP

REGISTERED NUMBER:

03505173 (England and Wales)

ACCOUNTANTS:

Charles Lovell & Co Limited

Chartered Certified Accountants

and Statutory Auditors

8 Church Green East

Redditch

Worcestershire

B98 8BP

FIXED ASSETS

Tangible assets

4

125,664

171,228

CURRENT ASSETS

Stocks

372,759

327,228

Debtors

5

4,452,850

3,051,065

Cash at bank and in hand

925,496

648,019

5,751,105

4,026,312

CREDITORS

Amounts falling due within one year

6

2,919,255

1,616,144

NET CURRENT ASSETS

2,831,850

2,410,168

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,957,514

2,581,396

CREDITORS

Amounts falling due after more than one
year

7

(15,189

)

(78,411

)

PROVISIONS FOR LIABILITIES

(30,905

)

(42,185

)

NET ASSETS

2,911,420

2,460,800

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

2,911,320

2,460,700

2,911,420

2,460,800

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 23 December 2025 and were signed on its behalf by:

S C Lewis - Director

1.	STATUTORY INFORMATION

Interface Contract Management Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost of valuation of assets less their residual values over their useful lives on the following basis:

Land and buildings leasehold

-

10% straight line

Plant and machinery

-

25% straight line

Fixtures, fittings and equipment

-

25% - 33% straight line

Motor vehicles

-

25% reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 52 (2024 - 49 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST

At 31 March 2024

161,580

858,008

1,019,588

Additions

-

19,886

At 30 March 2025

161,580

877,894

1,039,474

DEPRECIATION

At 31 March 2024

126,190

722,170

848,360

Charge for year

7,360

58,090

65,450

At 30 March 2025

133,550

780,260

913,810

NET BOOK VALUE

At 30 March 2025

28,030

97,634

125,664

At 30 March 2024

35,390

135,838

171,228

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.3.25

30.3.24

£

Trade debtors

1,483,042

1,592,602

Other debtors

2,969,808

1,458,463

4,452,850

3,051,065

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.3.25

30.3.24

£

Bank loans and overdrafts

45,455

Trade creditors

1,315,104

612,962

Taxation and social security

596,809

433,221

Other creditors

961,887

524,506

2,919,255

1,616,144

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.3.25

30.3.24

£

Bank loans

3,788

49,242

Other creditors

11,401

29,169

15,189

78,411

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 March 2025 and 30 March 2024:

30.3.25

30.3.24

£

S C Lewis

Balance outstanding at start of year

-

Amounts advanced

377,484

-

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

377,484

-

9.	RELATED PARTY DISCLOSURES

During the year the company entered in to the following transactions with a related party:

2025

2024

£

Transactions with related party

87,322

310,819

During the year the following amounts were outstanding at the reporting date:

2025

2024

£

Amounts due from related parties

12,476

91,258

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is S C Lewis.