ILC UK SERVICES LTD

Company Registration Number:
06666320 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2023

Period of accounts

Start date: 1 April 2022

End date: 31 March 2023

ILC UK SERVICES LTD

Contents of the Financial Statements

for the Period Ended 31 March 2023

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

ILC UK SERVICES LTD

Directors' report period ended 31 March 2023

The directors present their report with the financial statements of the company for the period ended 31 March 2023

Principal activities of the company

The principal activity of the company in the year under review was the provision of consultancy services

Political and charitable donations

During the year the company made charitable donations of £228,400 to International Longevity Centre – UK.

Additional information

Statement of directors’ responsibilities The directors are responsible for preparing the directors’ report and the financial statements in accordance with applicable law and regulations. Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to: select suitable accounting policies and then apply them consistently; make judgements and estimates that are reasonable and prudent; prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business. The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company’s transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Directors’ report for the year ended 31 March 2023 The directors have increased their monitoring of the financial position and regularly review cash flow forecasts until the end of the financial year. Statement of disclosure of information to the auditors Each of the persons who is a director at the date of approval of this report confirms that: so far as the director is aware, there is no relevant audit information of which the company’s auditors are unaware; and the director has taken all the steps that they ought to have taken as a director in order to make themselves aware of any relevant audit information and to establish that the company’s auditors are aware of that information. The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.



Directors

The directors shown below have held office during the whole of the period from
1 April 2022 to 31 March 2023

K Bounds
G Ryland
S Crawford


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
8 November 2023

And signed on behalf of the board by:
Name: G Ryland
Status: Director

ILC UK SERVICES LTD

Profit And Loss Account

for the Period Ended 31 March 2023

2023 2022


£

£
Turnover: 361,554 236,813
Gross profit(or loss): 361,554 236,813
Distribution costs: ( 228,400 ) ( 109,770 )
Administrative expenses: ( 133,902 ) ( 128,022 )
Operating profit(or loss): (748) (979)
Profit(or loss) before tax: (748) (979)
Tax: ( 16 )
Profit(or loss) for the financial year: (764) (979)

ILC UK SERVICES LTD

Balance sheet

As at 31 March 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 0 836
Total fixed assets: 0 836
Current assets
Debtors: 4 76,143 154,282
Cash at bank and in hand: 171,826 16,201
Total current assets: 247,969 170,483
Creditors: amounts falling due within one year: 5 ( 247,935 ) ( 170,521 )
Net current assets (liabilities): 34 (38)
Total assets less current liabilities: 34 798
Total net assets (liabilities): 34 798
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 33 797
Total Shareholders' funds: 34 798

The notes form part of these financial statements

ILC UK SERVICES LTD

Balance sheet statements

For the year ending 31 March 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act 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.

This report was approved by the board of directors on 8 November 2023
and signed on behalf of the board by:

Name: G Ryland
Status: Director

The notes form part of these financial statements

ILC UK SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover represents net invoiced amounts of services provided, excluding value added tax.

    Tangible fixed assets depreciation policy

    Tangible assets are stated at cost less depreciation. Depreciation is provided at 25% per annum in order to write off the cost of each asset over its estimated useful life using a straight-line basis. A review for indicators of impairment is made at each reporting date and provision made as appropriate.

ILC UK SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 0

ILC UK SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2022 3,350 3,350
Additions
Disposals
Revaluations
Transfers
At 31 March 2023 3,350 3,350
Depreciation
At 1 April 2022 2,514 2,514
Charge for year 836 836
On disposals
Other adjustments
At 31 March 2023 3,350 3,350
Net book value
At 31 March 2023 0 0
At 31 March 2022 836 836

ILC UK SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Debtors

2023 2022
£ £
Trade debtors 38,400 127,140
Other debtors 37,743 27,142
Total 76,143 154,282

ILC UK SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 15,519 1,400
Taxation and social security 16 13,251
Accruals and deferred income 19,000 46,100
Other creditors 213,400 109,770
Total 247,935 170,521