REGISTERED NUMBER: 14444782 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Comfa Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

M K Palfrey

REGISTERED OFFICE:

The Mills

Canal Street

Derby

Derbyshire

DE1 2RJ

REGISTERED NUMBER:

14444782 (England and Wales)

ACCOUNTANTS:

Bates Weston LLP

Chartered Accountants

The Mills

Canal Street

Derby

DE1 2RJ

CURRENT ASSETS

Stocks

73,130

1,710

Debtors

4

12,488

7,243

Cash at bank

17,654

12,297

103,272

21,250

CREDITORS

Amounts falling due within one year

5

52,739

34,020

NET CURRENT ASSETS/(LIABILITIES)

50,533

(12,770

)

TOTAL ASSETS LESS CURRENT LIABILITIES

50,533

(12,770

)

CREDITORS

Amounts falling due after more than one year

6

71,553

-

NET LIABILITIES

(21,020

)

(12,770

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(21,120

)

(12,870

)

(21,020

)

(12,770

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 December 2025 and were signed by:

M K Palfrey - Director

1.	STATUTORY INFORMATION

Comfa 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 represents net sales of goods, excluding value added tax. Turnover is recognised when the company has transferred the significant risks and rewards of ownership to the buyer and it is probable that the company will receive the agreed upon payment.

Stocks

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

Cost represents the invoiced cost of materials on a first in first out basis.

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.

Grants

Revenue grants are recognised in the profit and loss account so as to match them with the expenditure towards which they are intended to contribute.

Deferred tax

Provision is made at current rates for taxation deferred in respect of all material timing differences, including an asset for losses carried forward to be utilised against future profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Other debtors

3,771

3,222

Prepayments

3,820

1,059

7,591

4,281

Amounts falling due after more than one year:

Deferred tax asset

4,897

2,962

Aggregate amounts

12,488

7,243

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

16,135

-

Trade creditors

13,143

3,292

Social security and other taxes

1,017

152

Other creditors

607

606

Director's current account

21,837

18,178

Accruals and deferred income

-

11,792

52,739

34,020

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

71,553

-

7.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

87,688

-

The loan is secured against the director as a personal guarantee.