IFSF Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 04866237

IFSF Limited

Company Limited by Guarantee

Filleted Financial Statements

31 December 2025

IFSF Limited

Company Limited by Guarantee

Statement of Financial Position

31 December 2025

	2025		2024
Note	£	£	£

Current assets

Debtors	6	67,199	64,173
Cash at bank and in hand		215,814	213,732
		---------	---------
		283,013	277,905

Creditors: amounts falling due within one year	7	69,093		59,927
		---------		---------
Net current assets			213,920	217,978
			---------	---------
Total assets less current liabilities			213,920	217,978
			---------	---------
Net assets			213,920	217,978
			---------	---------

Capital and reserves

Profit and loss account	213,920	217,978
	---------	---------
Members funds	213,920	217,978
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements were approved by the board of directors and authorised for issue on 27 July 2026 , and are signed on behalf of the board by:

Mr F M S Mezzina

Director

Company registration number: 04866237

IFSF Limited

Company Limited by Guarantee

Notes to the Financial Statements

Year ended 31 December 2025

1. General information

The company is a private company limited by guarantee, registered in England and Wales. The address of the registered office is Peershaws, Peershaws Berewyk Hall Court, White Colne, Essex, CO6 2QB.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling al the date of transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of transaction. All differences are charged to profit or loss.

Turnover

Turnover represents contributions from Members and Technical Associates, income from conferences and recovery of software costs, net of value added tax where applicable. Turnover is measured at the fair value of the consideration received, net of discounts and value added taxes. Turnover is recognised in full in the Statement of Income and Retained Earnings in the period in which it is invoiced, unless the period it relates to starts after the year end.

Taxation

The company is exempt from Income and Corporation taxes under the provision of Income and Corporation Taxes Act 1988.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of te contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

4. Average number of employees

The average number of persons employed by the company during the year amounts to Nil (2024: Nil).

5. Company limited by guarantee

The company is limited by guarantee and does not have share capital. The liability of the members is limited in the event of the company being wound up to such an amount as may be required not exceeding five pounds sterling.

6. Debtors

	2025	2024
	£	£
Trade debtors	42,835	22,781
Prepayments	7,541	20,265
VAT debtor	16,823	21,127
	--------	--------
	67,199	64,173
	--------	--------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	35,653	32,861
Accruals and deferred income	26,355	21,816
Other creditors	7,085	5,250
	--------	--------
	69,093	59,927
	--------	--------

8. Summary audit opinion

The auditor's report dated 3 August 2026 was unqualified .

The senior statutory auditor was Thomas York , for and on behalf of Edmund Carr LLP .