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REGISTERED NUMBER: 12668569 (England and Wales)











Unaudited Financial Statements

for the Year Ended 30 June 2023

for

Industrial Cogen Solutions Limited

Industrial Cogen Solutions Limited (Registered number: 12668569)






Contents of the Financial Statements
for the Year Ended 30 June 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Industrial Cogen Solutions Limited

Company Information
for the Year Ended 30 June 2023







DIRECTORS: P R Doherty
J M Murphy





SECRETARY:





REGISTERED OFFICE: 650 Anlaby Road
Kingston Upon Hull
East Yorkshire
United Kingdom
HU3 6UU





REGISTERED NUMBER: 12668569 (England and Wales)





ACCOUNTANTS: Andrew Cooper & Company
Chartered Accountants
650 Anlaby Road
Kingston upon Hull
East Yorkshire
HU3 6UU

Industrial Cogen Solutions Limited (Registered number: 12668569)

Balance Sheet
30 June 2023

30.6.23 30.6.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,240 2,560

CURRENT ASSETS
Stocks 1,550 1,550
Debtors 5 107,007 74,106
Cash at bank and in hand 4,952 23,006
113,509 98,662
CREDITORS
Amounts falling due within one year 6 253,748 214,066
NET CURRENT LIABILITIES (140,239 ) (115,404 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(137,999

)

(112,844

)

CAPITAL AND RESERVES
Called up share capital 201 202
Retained earnings (138,200 ) (113,046 )
SHAREHOLDERS' FUNDS (137,999 ) (112,844 )

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

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

The directors acknowledge their 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 Board of Directors and authorised for issue on 19 March 2024 and were signed on its behalf by:





J M Murphy - Director


Industrial Cogen Solutions Limited (Registered number: 12668569)

Notes to the Financial Statements
for the Year Ended 30 June 2023

1. STATUTORY INFORMATION

Industrial Cogen Solutions Limited 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.

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 - 10% 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 3 ) .

Industrial Cogen Solutions Limited (Registered number: 12668569)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2022
and 30 June 2023 3,200
DEPRECIATION
At 1 July 2022 640
Charge for year 320
At 30 June 2023 960
NET BOOK VALUE
At 30 June 2023 2,240
At 30 June 2022 2,560

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Other debtors 107,007 74,106

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Trade creditors 48 277
Amounts owed to group undertakings 253,200 213,200
Taxation and social security - 89
Other creditors 500 500
253,748 214,066