Interfront 2025 Annual Report

International Frontier Technologies SOC Ltd Trading as Interfront Financial Statements for the year ended 31 March 2025 148 INTERFRONT ANNUAL REPORT 2025 Notes to the Financial Statements 2 Changes in accounting policy The financial statements have been prepared in accordance with Standards of Generally Recognised Accounting Practice on a basis consistent with the prior year. The entity has not adopted any new policies in the current financial year. 3 New standards and interpretations Standards and interpretations issued, but not yet effective The entity has not early adopted the following standards and interpretations, which have been published and are mandatory for the entity’s accounting periods beginning on or after 01 April 2025 or later periods: STANDARD/ INTERPRETATION: EFFECTIVE DATE: YEARS BEGINNING ON OR AFTER EXPECTED IMPACT: iGRAP 22 Foreign Currency Transactions and Advance Consideration 01 April 2025 Unlikely there will be a material impact. GRAP 104 (as revised): Financial Instruments 01 April 2025 Unlikely there will be a material impact