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REGISTERED NUMBER: 10304556 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023

FOR

ICE RISK MANAGEMENT LIMITED

ICE RISK MANAGEMENT LIMITED (REGISTERED NUMBER: 10304556)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ICE RISK MANAGEMENT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2023







DIRECTORS: D J Morgan
MRS B K Morgan





SECRETARY:





REGISTERED OFFICE: Third Floor
Stolt Neilsen House
1-5 Oldchurch Road
Romford
Essex
RM7 0BQ





REGISTERED NUMBER: 10304556 (England and Wales)





ACCOUNTANTS: Tish Press & Company
Create Business Hub
Ground Floor
5 Rayleigh Road
Hutton, Brentwood.
Essex
CM13 1AB

ICE RISK MANAGEMENT LIMITED (REGISTERED NUMBER: 10304556)

BALANCE SHEET
31 AUGUST 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 17,968 20,632

CURRENT ASSETS
Stocks 24,496 -
Debtors 5 68,428 92,709
Cash at bank 9,786 1,943
102,710 94,652
CREDITORS
Amounts falling due within one year 6 101,738 102,876
NET CURRENT ASSETS/(LIABILITIES) 972 (8,224 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

18,940

12,408

CREDITORS
Amounts falling due after more than one
year

7

-

1,267
NET ASSETS 18,940 11,141

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 18,840 11,041
18,940 11,141

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

ICE RISK MANAGEMENT LIMITED (REGISTERED NUMBER: 10304556)

BALANCE SHEET - continued
31 AUGUST 2023


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 6 August 2024 and were signed on its behalf by:




D J Morgan - Director



MRS B K Morgan - Director


ICE RISK MANAGEMENT LIMITED (REGISTERED NUMBER: 10304556)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

1. STATUTORY INFORMATION

Ice Risk Management 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.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2022 - 6 ) .

ICE RISK MANAGEMENT LIMITED (REGISTERED NUMBER: 10304556)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 September 2022 4,373 28,572 20,996 53,941
Additions 1,150 - 1,045 2,195
At 31 August 2023 5,523 28,572 22,041 56,136
DEPRECIATION
At 1 September 2022 3,053 18,197 12,059 33,309
Charge for year 398 2,594 1,867 4,859
At 31 August 2023 3,451 20,791 13,926 38,168
NET BOOK VALUE
At 31 August 2023 2,072 7,781 8,115 17,968
At 31 August 2022 1,320 10,375 8,937 20,632

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 60,049 37,084
Directors' current accounts 8,379 55,625
68,428 92,709

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 34,897 51,882
Hire purchase contracts 1,462 4,208
Trade creditors 168 1,526
Tax 27,946 19,789
Social security and other taxes 1,684 1,394
Pension Payable - 226
VAT 26,160 22,021
Accrued expenses 9,421 1,830
101,738 102,876

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Hire purchase contracts - 1,267