General Information
Interform Manufacturing Limited is a private company, limited by shares, registered in England and Wales, registration number 01836897, registration address Rear Unit 20 Wellington Road, Cressex, High Wycombe, Buckinghamshire, HP12 3PR.
The presentation currency is £ sterling.
| 1. |
Accounting policies
Significant accounting policies
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)
Going concern basis
The director has considered the company's financial position and is satisfied that it will be able to continue in operational existence for at least twelve months from the date of approval of these financial statements. The company's main lender, CRS Associates (UK) Ltd, has confirmed in writing that it will not seek repayment of amounts due to it during this period. For this reason, the director continues to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Foreign currencies
The company's functional and presentational currency is pounds sterling. Transactions in foreign currencies are translated at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated at the rate ruling at the reporting date. Exchange differences are recognised in the income statement.
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.
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.
Dividends
Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.
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:
| Computer Equipment |
33.33% Straight Line
|
| Fixtures and Fittings |
15%/20% Reducing Balance
|
| Plant and Machinery |
15%/20% Reducing Balance
|
| Motor Vehicles |
25% Reducing Balance
|
Fixed asset investments
Fixed asset investments are stated at cost less provision for impairment. Participating interests represent a 49% holding in SOWOW LTD, an associate, stated at cost less impairment in these individual financial statements. Other investments were fully provided against in a previous period.
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Provisions
Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.
|
| 2. |
Average number of employees Average number of employees during the period was 20 (2025 : 21). |
| 3. |
Tangible fixed assets
| Cost or valuation |
Plant and Machinery |
|
Motor Vehicles |
|
Fixtures and Fittings |
|
Computer Equipment |
|
Total |
| |
£ |
|
£ |
|
£ |
|
£ |
|
£ |
| At 01 February 2025 |
780,235 |
|
18,300 |
|
98,706 |
|
19,365 |
|
916,606 |
| Additions |
75,525 |
|
- |
|
- |
|
517 |
|
76,042 |
| Disposals |
(70,315) |
|
- |
|
(33,135) |
|
- |
|
(103,450) |
| At 31 January 2026 |
785,445 |
|
18,300 |
|
65,571 |
|
19,882 |
|
889,198 |
| Depreciation |
| At 01 February 2025 |
556,136 |
|
15,164 |
|
76,313 |
|
18,318 |
|
665,931 |
| Charge for year |
49,557 |
|
784 |
|
2,806 |
|
571 |
|
53,718 |
| On disposals |
(66,000) |
|
- |
|
(29,271) |
|
- |
|
(95,271) |
| At 31 January 2026 |
539,693 |
|
15,948 |
|
49,848 |
|
18,889 |
|
624,378 |
| Net book values |
| Closing balance as at 31 January 2026 |
245,752 |
|
2,352 |
|
15,723 |
|
993 |
|
264,820 |
| Opening balance as at 01 February 2025 |
224,099 |
|
3,136 |
|
22,393 |
|
1,047 |
|
250,675 |
|
| 4. |
Investments
| Cost |
Other investments other than loans |
|
Investments in participating interests |
|
Total |
| |
£ |
|
£ |
|
£ |
| At 01 February 2025 |
27,000 |
|
25,125 |
|
52,125 |
| Additions |
- |
|
- |
|
- |
| Disposals |
- |
|
- |
|
- |
| Revaluations |
(27,000) |
|
- |
|
(27,000) |
| At 31 January 2026 |
- |
|
25,125 |
|
25,125 |
|
| 5. |
Share Capital
Allotted, called up and fully paid
|
2026
£ |
|
2025
£ |
|
858
Ordinary A shares of £1.00 each |
858 |
|
858 |
|
2
Ordinary B shares of £1.00 each |
2 |
|
2 |
|
1
Ordinary D share of £1.00 each |
1 |
|
1 |
|
1
Ordinary F share of £1.00 each |
1 |
|
1 |
|
862 |
|
862 |
|
3
|