1 January 2021 v2022.13.1 limited_company_frs_102_section_1a_v1_0_8 companies_houseSoftwarefalsetruetruetrueNo description of principal activity00truexbrli:purexbrli:sharesiso4217:GBP116824302021-01-012021-12-31116824302021-12-31116824302020-12-3111682430core:WithinOneYear2021-12-3111682430core:WithinOneYear2020-12-3111682430core:ShareCapital2021-12-3111682430core:ShareCapital2020-12-3111682430bus:Director12021-01-012021-12-3111682430bus:RegisteredOffice2021-01-012021-12-311168243012021-01-012021-12-31116824302020-01-012020-12-3111682430countries:EnglandWales2021-01-012021-12-3111682430bus:AuditExemptWithAccountantsReport2021-01-012021-12-3111682430bus:PrivateLimitedCompanyLtd2021-01-012021-12-3111682430bus:SmallEntities2021-01-012021-12-3111682430bus:AbridgedAccounts2021-01-012021-12-31
Company registration number:
11682430
ICS Umbrella Pay Ltd
Unaudited Filleted Abridged Financial Statements for the year ended
31 December 2021
ICS Umbrella Pay Ltd
Report to the board of directors on the preparation of the unaudited statutory financial statements of ICS Umbrella Pay Ltd
Year ended
31 December 2021
As described on the abridged statement of financial position, the Board of Directors of
ICS Umbrella Pay Ltd
are responsible for the preparation of the
abridged financial statements
for the year ended
31 December 2021
, which comprise the abridged income statement, abridged statement of financial position and related notes.
You consider that the company is exempt from an audit under the Companies Act 2006.
In accordance with your instructions we have compiled these unaudited abridged financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us.
SGP Accountants Limited
Kingfisher House
2 Kingfisher Way
Stockton-on-Tees
TS18 3EX
United Kingdom
Date:
9 September 2022
ICS Umbrella Pay Ltd
Abridged Statement of Financial Position
31 December 2021
20212020
££
Current assets    
Debtors
214,959
 
86,790
 
Creditors: amounts falling due within one year
(214,958
)
(86,789
)
Net current assets
1
 
1
 
Total assets less current liabilities 1   1  
Capital and reserves    
Called up share capital
1
 
1
 
Profit and loss account -   -  
Shareholders funds
1
 
1
 
For the year ending
31 December 2021
, 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 abridged financial statements for the year in question in accordance with section 476;
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements.
All of the members have consented to the preparation of the abridged statement of financial position and the abridged income statement for the year ended
31 December 2021
in accordance with Section 444(2A) of the Companies Act 2006.
These
abridged financial statements
have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies’ regime.
In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered.
These
abridged financial statements
were approved by the board of directors and authorised for issue on
9 September 2022
, and are signed on behalf of the board by:
Maurice Solomon Cohen
Director
Company registration number:
11682430
ICS Umbrella Pay Ltd
Notes to the Abridged Financial Statements
Year ended
31 December 2021

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
Wynyard Park House
,
Wynyard Avenue
,
Wynyard
,
United Kingdom
,
TS22 5TB
, England.

2 Statement of compliance

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

3 Accounting policies

Basis of preparation

The
abridged financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
abridged financial statements
are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Defined contribution pension plan

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4 Average number of employees

The average number of persons employed by the company during the year was Nil (2020: Nil).