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Company Registration No. 12302540 (England and Wales)
ICT Group Limited Unaudited accounts for the year ended 30 November 2023
ICT Group Limited Unaudited accounts Contents
Page
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ICT Group Limited Company Information for the year ended 30 November 2023
Director
Matthew Phillips
Company Number
12302540 (England and Wales)
Registered Office
130 OLD STREET LONDON EC1V 9BD ENGLAND
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ICT Group Limited Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
926 
1,461 
Current assets
Debtors
44,402 
34,090 
Cash at bank and in hand
27,676 
45,074 
72,078 
79,164 
Creditors: amounts falling due within one year
(82,653)
(64,155)
Net current (liabilities)/assets
(10,575)
15,009 
Total assets less current liabilities
(9,649)
16,470 
Creditors: amounts falling due after more than one year
- 
(20,138)
Net liabilities
(9,649)
(3,668)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(9,650)
(3,669)
Shareholders' funds
(9,649)
(3,668)
For the year ending 30 November 2023 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 12 February 2024 and were signed on its behalf by
Matthew Phillips Director Company Registration No. 12302540
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ICT Group Limited Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
ICT Group Limited is a private company, limited by shares, registered in England and Wales, registration number 12302540. The registered office is 130 OLD STREET, LONDON, EC1V 9BD, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 December 2022
2,267 
Additions
305 
At 30 November 2023
2,572 
Depreciation
At 1 December 2022
806 
Charge for the year
840 
At 30 November 2023
1,646 
Net book value
At 30 November 2023
926 
At 30 November 2022
1,461 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
27,460 
12,487 
Amounts falling due after more than one year
Other debtors
16,942 
21,603 
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ICT Group Limited Notes to the Accounts for the year ended 30 November 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
14,873 
- 
VAT
21,009 
22,496 
Trade creditors
26,349 
28,953 
Taxes and social security
16,791 
10,176 
Other creditors
3,254 
2,153 
Loans from directors
377 
377 
82,653 
64,155 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
- 
20,138 
8
Average number of employees
During the year the average number of employees was 8 (2022: 8).
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