IFS Currency Limited - Filleted accounts

Registered number

09132196

IFS Currency Limited

Filleted Accounts

30 July 2025

IFS Currency Limited
Registered number:		09132196
Balance Sheet
as at 30 July 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		4,047			5,396

Current assets
Debtors	4	890			890
Cash at bank and in hand		28,563			18,478
		29,453			19,368

Creditors: amounts falling due within one year	5	(2,143)			(1,720)

Net current assets			27,310			17,648

Net assets			31,357			23,044

Capital and reserves
Called up share capital			275,000			250,000
Profit and loss account			(243,643)			(226,956)

Shareholders' funds			31,357			23,044

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Md Iftekhar Uddin Khan
Director
Approved by the board on 28 July 2026

IFS Currency Limited
Notes to the Accounts
for the year ended 30 July 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.


2	Employees	2025		2024
Number			Number

	Average number of persons employed by the company	2		2


3	Tangible fixed assets
				Plant and machinery etc
£
	Cost
	At 31 July 2024			6,745
	At 30 July 2025			6,745

	Depreciation
	At 31 July 2024			1,349
	Charge for the year			1,349
	At 30 July 2025			2,698

	Net book value
	At 30 July 2025			4,047
	At 30 July 2024			5,396


4	Debtors	2025		2024
£			£

	Other debtors	890		890


5	Creditors: amounts falling due within one year	2025		2024
£			£

	Other creditors	2,143		1,720


6	Other information

	IFS Currency Limited is a private company limited by shares and incorporated in England. Its registered office is:
	First Floor
	Unit 4 Stanton Gate
	49 Mawney Road
	Romford
	RM7 7HL