for the Period Ended 30 November 2023
Company Information - 3 | |
Profit and Loss Account - 4 | |
Balance sheet - 5 | |
Additional notes - 7 | |
Balance sheet notes - 10 |
for the Period Ended 30 November 2023
Registered office: |
England |
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Company Registration Number: |
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for the Period Ended 30 November 2023
Notes |
2023 £ |
2022 £ |
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Gross Profit or (Loss) |
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Income from coronavirus (COVID-19) business support grants | 0 | 0 | |
Distribution Costs |
(
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(
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Administrative Expenses |
(
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(
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Operating Profit or (Loss) |
(
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(
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Interest Receivable and Similar Income |
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Interest Payable and Similar Charges |
(
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(
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Profit or (Loss) Before Tax |
(
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(
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Tax on Profit |
(
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(
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Profit or (Loss) for Period |
(
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(
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The notes form part of these financial statements
As at
Notes |
2023 £ |
2022 £ |
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Fixed assets | |||
Intangible assets: | 4 |
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Tangible assets: | 5 |
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Total fixed assets: |
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Current assets | |||
Stocks: |
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Debtors: | 6 |
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Cash at bank and in hand: |
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Total current assets: |
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Creditors: amounts falling due within one year: | 7 |
( |
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Net current assets (liabilities): |
( |
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Total assets less current liabilities: |
( |
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Creditors: amounts falling due after more than one year: |
( |
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Total net assets (liabilities): |
( |
( |
The notes form part of these financial statements
As at 30 November 2023
Notes |
2023 £ |
2022 £ |
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Capital and reserves | |||
Called up share capital: |
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Profit and loss account: |
( |
( |
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Shareholders funds: |
( |
( |
This report was approved by the board of directors on
And Signed On Behalf Of The Board By:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 30 November 2023
Basis of measurement and preparation
Turnover policy
Leads Income:
Apart from Normal Car buying and Selling trading activity, ICC also sells car Leads to General Car Traders at a Nominal price, V AT
at 20 % is chargeable on sale of leads and reported to HMRC in the respected Quarterly returns.
Tangible fixed assets depreciation policy
Depreciation is provided at rates calculated to write off the fixed assets, less their estimated residual value, over their expected useful
lives on the following bases:
Motor Vehicle 25% on Straight Line Method
Computer Equipment 20% on Straight Line Method
Furniture and Fixtures 20% on Straight Line Method
for the Period Ended 30 November 2023
2023 |
2022 |
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Average number of employees during the period |
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for the Period Ended 30 November 2023
for the Period Ended 30 November 2023
Total | |
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Cost | £ |
At 01 December 2022 |
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Additions |
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Disposals |
( |
Revaluations |
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Transfers |
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At 30 November 2023 |
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Amortisation | |
Charge for year |
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On disposals |
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Other adjustments |
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Amortisation at 30 November 2023 |
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Net book value | |
Net book value at 30 November 2023 |
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Net book value at 30 November 2022 |
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for the Period Ended 30 November 2023
Total | |
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Cost | £ |
At 01 December 2022 |
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Additions |
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Disposals |
( |
Revaluations |
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Transfers |
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At 30 November 2023 |
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Depreciation | |
At 01 December 2022 |
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Charge for year |
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On disposals |
( |
Other adjustments |
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At 30 November 2023 |
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Net book value | |
At 30 November 2023 |
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At 30 November 2022 |
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for the Period Ended 30 November 2023
2023 £ |
2022 £ |
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Debtors due after more than one year: |
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for the Period Ended 30 November 2023
Due within one year:
1) Trade Creditors: £18,287 (£2421)
2) Accrued Expenses: £3,210 (£7036)
3) Director's Loan Account: £187,817 (£181,754)
4) Corporation tax Payable/(Receivable): £-6,275 (-£8,714)
Due after more than one year: N/A