Company registration number 05481895 (England and Wales)
INDUSTRIAL CHAINS & GEARS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023
INDUSTRIAL CHAINS & GEARS LIMITED
DIRECTOR'S REPORT
FOR THE YEAR ENDED 30 NOVEMBER 2023
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The director presents his annual report and financial statements for the year ended 30 November 2023.
Principal activities
The principal activity of the company continued to be that of sale of machinery and industrial equipment.
Director
The director who held office during the year and up to the date of signature of the financial statements was as follows:
Mr PW Nall
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies' exemption.
On behalf of the board
Mr PW Nall
Director
1 May 2024
INDUSTRIAL CHAINS & GEARS LIMITED
ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF INDUSTRIAL CHAINS & GEARS LIMITED FOR THE YEAR ENDED 30 NOVEMBER 2023
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In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Industrial Chains & Gears Limited for the year ended 30 November 2023, which comprise the statement of financial position, from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.
This report is made solely to the board of directors of Industrial Chains & Gears Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Industrial Chains & Gears Limited and state those matters that we have agreed to state to the board of directors of Industrial Chains & Gears Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Industrial Chains & Gears Limited and its board of directors as a body, for our work or for this report.
It is your duty to ensure that Industrial Chains & Gears Limited has kept adequate accounting records and to prepare statutory financial statements that comply with the requirements of the Companies Act 2006. You consider that Industrial Chains & Gears Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Industrial Chains & Gears Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
HSKS Greenhalgh Ltd
1 May 2024
Chartered Accountants
St George's House
19 Church Street
Uttoxeter
ST14 8AG
INDUSTRIAL CHAINS & GEARS LIMITED
STATEMENT OF FINANCIAL POSITION
AS AT 30 NOVEMBER 2023
30 November 2023
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2023
2022
£
£
£
£
Fixed assets
15,381
19,176
Current assets
59,904
62,793
Creditors: amounts falling due within one year
(16,830)
(13,162)
Net current assets
43,074
49,631
Total assets less current liabilities
58,455
68,807
Net assets
58,455
68,807
Capital and reserves
58,455
68,807
Notes to the financial statements
1
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2023
2022
Number
Number
Employees
1
1
Industrial Chains & Gears Limited is a private company limited by shares incorporated in England and Wales. The registered office is 45 Copeland Avenue, Tittensor, Stoke on Trent, ST12 9JA.
For the year ended 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The director of the company has elected not to include a copy of the income statement within the financial statements.true
INDUSTRIAL CHAINS & GEARS LIMITED
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 NOVEMBER 2023
30 November 2023
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The financial statements were approved and signed by the director and authorised for issue on 1 May 2024
Mr PW Nall
Director
Company registration number 05481895 (England and Wales)