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Company Registration No. 08542807 (England and Wales)
I.C.D. Laboratories Limited Unaudited accounts for the year ended 31 May 2023
I.C.D. Laboratories Limited Unaudited accounts Contents
Page
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I.C.D. Laboratories Limited Company Information for the year ended 31 May 2023
Director
K R Cavan
Company Number
08542807 (England and Wales)
Registered Office
28 Terminus Road Sheffield S7 2LH
Accountants
Hart Simpson 28 Terminus Road Sheffield S7 2LH
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I.C.D. Laboratories Limited Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
866 
1,019 
Current assets
Inventories
17,500 
- 
Cash at bank and in hand
19,030 
803 
36,530 
803 
Creditors: amounts falling due within one year
(47,478)
(7,606)
Net current liabilities
(10,948)
(6,803)
Net liabilities
(10,082)
(5,784)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(10,182)
(5,884)
Shareholders' funds
(10,082)
(5,784)
For the year ending 31 May 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 her 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 20 February 2024 and were signed on its behalf by
K R Cavan Director Company Registration No. 08542807
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I.C.D. Laboratories Limited Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
I.C.D. Laboratories Limited is a private company, limited by shares, registered in England and Wales, registration number 08542807. The registered office is 28 Terminus Road, Sheffield, S7 2LH.
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:
Fixtures & fittings
25%
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 June 2022
5,427 
At 31 May 2023
5,427 
Depreciation
At 1 June 2022
4,408 
Charge for the year
153 
At 31 May 2023
4,561 
Net book value
At 31 May 2023
866 
At 31 May 2022
1,019 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
11,281 
1,623 
Other creditors
6,039 
- 
Loans from directors
10,982 
5,983 
Accruals
19,176 
- 
47,478 
7,606 
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I.C.D. Laboratories Limited Notes to the Accounts for the year ended 31 May 2023
6
Average number of employees
During the year the average number of employees was 4 (2022: 0).
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