I&F Trading Limited

I&F Trading Limited
Contents Page
For the year ended 30 November 2025

Statement of Financial Position	1
Notes to the Financial Statements	2

I&F Trading Limited
Statement of Financial Position
As at 30 November 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	958,880	903,230
		958,880	903,230
Current assets
Cash at bank and in hand		62,139	17,185
Creditors: amount falling due within one year		(6,388)	(1,533)
Net current assets		55,751	15,652

Total assets less current liabilities		1,014,631	918,882
Creditors: amount falling due after more than one year		(927,474)	(847,598)
Net assets		87,157	71,284

Capital and reserves
Called up share capital		4	4
Profit and loss account		87,153	71,280
Shareholders' funds		87,157	71,284

For the year ended 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
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.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 31 August 2026 and were signed on its behalf by:

-------------------------------
Feroz Vali Patel
Director

1

I&F Trading Limited
Notes to the Abridged Financial Statements
For the year ended 30 November 2025

General Information

I&F Trading Limited is a private company, limited by shares, registered in England & Northern Ireland, registration number 09306111, registration address C/O Abbey & Co Associates 1st Floor Abbey House , 270-272 Lever Street, Bolton, Lancashire, BL3 6PD.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

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

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

2.	Average number of employees Average number of employees during the year was 4 (2024 : 4).

3.

Tangible fixed assets

Cost or valuation	Land and Buildings	Total
	£	£
At 01 December 2024	903,230	903,230
Additions	55,650	55,650
Disposals	-	-
At 30 November 2025	958,880	958,880
Depreciation
At 01 December 2024	-	-
Charge for year	-	-
On disposals	-	-
At 30 November 2025	-	-
Net book values
Closing balance as at 30 November 2025	958,880	958,880
Opening balance as at 01 December 2024	903,230	903,230

2

Registered Number: 09306111
England & Northern Ireland
I&F TRADING LIMITED

Abridged Accounts

Period of accounts Start date: 01 December 2024 End date: 30 November 2025