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REGISTERED NUMBER: 10775040 (England and Wales)















Unaudited Financial Statements for the Year Ended 30th April 2023

for

ICC Automotive Ltd

ICC Automotive Ltd (Registered number: 10775040)






Contents of the Financial Statements
for the Year Ended 30th April 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 5

ICC Automotive Ltd

Company Information
for the Year Ended 30th April 2023







DIRECTOR: B Raincock





SECRETARY:





REGISTERED OFFICE: 4 Vale Lodge
Downs Lane
Leatherhead
Surrey
KT22 8JQ





REGISTERED NUMBER: 10775040 (England and Wales)





ACCOUNTANTS: KW Steward Limited
Chartered Accountants
5 Oakfield Glade
Weybridge
Surrey
KT13 9DP

ICC Automotive Ltd (Registered number: 10775040)

Balance Sheet
30th April 2023

30/4/23 30/4/22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 719 2,443

CURRENT ASSETS
Stocks 242,500 196,500
Debtors 5 12,973 2,460
Cash at bank 15,398 124,282
270,871 323,242
CREDITORS
Amounts falling due within one year 6 55,698 69,994
NET CURRENT ASSETS 215,173 253,248
TOTAL ASSETS LESS CURRENT
LIABILITIES

215,892

255,691

CREDITORS
Amounts falling due after more than one
year

7

(33,520

)

(42,520

)

PROVISIONS FOR LIABILITIES - (8,938 )
NET ASSETS 182,372 204,233

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 182,272 204,133
SHAREHOLDERS' FUNDS 182,372 204,233

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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.

The financial statements were approved by the director and authorised for issue on 18th October 2023 and were signed by:





B Raincock - Director


ICC Automotive Ltd (Registered number: 10775040)

Notes to the Financial Statements
for the Year Ended 30th April 2023

1. STATUTORY INFORMATION

ICC Automotive Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements are prepared on a going concern basis. The director has agreed to continue to support the company for at least the next 12 months, and to not seek repayment of his outstanding loans to the company until the company has sufficient funds for him to do so.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

ICC Automotive Ltd (Registered number: 10775040)

Notes to the Financial Statements - continued
for the Year Ended 30th April 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st May 2022
and 30th April 2023 10,171
DEPRECIATION
At 1st May 2022 7,728
Charge for year 1,724
At 30th April 2023 9,452
NET BOOK VALUE
At 30th April 2023 719
At 30th April 2022 2,443

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/4/23 30/4/22
£    £   
Other debtors 12,973 2,460

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/4/23 30/4/22
£    £   
Bank loans and overdrafts - 1
Taxation and social security 8,523 42,398
Other creditors 47,175 27,595
55,698 69,994

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30/4/23 30/4/22
£    £   
Bank loans 33,520 42,520

8. ULTIMATE CONTROLLING PARTY

The controlling party is B Raincock.

The ultimate controlling party is B Raincock.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
ICC Automotive Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of ICC Automotive Ltd for the year ended 30th April 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of ICC Automotive Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of ICC Automotive Ltd and state those matters that we have agreed to state to the director of ICC Automotive Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than ICC Automotive Ltd and its director for our work or for this report.

It is your duty to ensure that ICC Automotive Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of ICC Automotive Ltd. You consider that ICC Automotive Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of ICC Automotive Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






KW Steward Limited
Chartered Accountants
5 Oakfield Glade
Weybridge
Surrey
KT13 9DP


Date: .............................................