Acorah Software Products - Accounts Production 15.0.600 false true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 03695434 Mrs Olga Dyke Mr Trevor Dyke Mrs Joan Dyke iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03695434 2023-01-31 03695434 2024-01-31 03695434 2023-02-01 2024-01-31 03695434 frs-core:CurrentFinancialInstruments 2024-01-31 03695434 frs-core:ComputerEquipment 2024-01-31 03695434 frs-core:ComputerEquipment 2023-02-01 2024-01-31 03695434 frs-core:ComputerEquipment 2023-01-31 03695434 frs-core:FurnitureFittings 2024-01-31 03695434 frs-core:FurnitureFittings 2023-02-01 2024-01-31 03695434 frs-core:FurnitureFittings 2023-01-31 03695434 frs-core:PlantMachinery 2024-01-31 03695434 frs-core:PlantMachinery 2023-02-01 2024-01-31 03695434 frs-core:PlantMachinery 2023-01-31 03695434 frs-core:ShareCapital 2024-01-31 03695434 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 03695434 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 03695434 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 03695434 frs-bus:SmallEntities 2023-02-01 2024-01-31 03695434 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 03695434 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 03695434 frs-bus:Director1 2023-02-01 2024-01-31 03695434 frs-bus:Director1 2023-01-31 03695434 frs-bus:Director1 2024-01-31 03695434 frs-bus:Director2 2023-02-01 2024-01-31 03695434 frs-bus:CompanySecretary1 2023-02-01 2024-01-31 03695434 frs-countries:EnglandWales 2023-02-01 2024-01-31 03695434 2022-01-31 03695434 2023-01-31 03695434 2022-02-01 2023-01-31 03695434 frs-core:CurrentFinancialInstruments 2023-01-31 03695434 frs-core:ShareCapital 2023-01-31 03695434 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 03695434
ICL Worldwide Limited
Unaudited Financial Statements
For The Year Ended 31 January 2024
Edmonds Accountancy
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 03695434
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 11,547 7,974
11,547 7,974
CURRENT ASSETS
Debtors 5 1,264,733 1,207,923
Cash at bank and in hand 64,614 188,731
1,329,347 1,396,654
Creditors: Amounts Falling Due Within One Year 6 (851,723 ) (927,877 )
NET CURRENT ASSETS (LIABILITIES) 477,624 468,777
TOTAL ASSETS LESS CURRENT LIABILITIES 489,171 476,751
NET ASSETS 489,171 476,751
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account 489,169 476,749
SHAREHOLDERS' FUNDS 489,171 476,751
Page 1
Page 2
For the year ending 31 January 2024 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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Trevor Dyke
Director
10/10/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
ICL Worldwide 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
2.1. Basis of Preparation of 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.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.
Revenue is recognised for the provision of services as the contractual activity progresses.
2.3. Tangible Fixed Assets and Depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant & Machinery 33% on cost
Fixtures & Fittings 25% on cost
Computer Equipment 33% on cost
2.4. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained
Earnings, 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 statement of financial position date.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 2)
3 2
4. Tangible Assets
Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 February 2023 4,746 21,975 17,845 44,566
Additions 398 - 9,528 9,926
As at 31 January 2024 5,144 21,975 27,373 54,492
Depreciation
As at 1 February 2023 3,303 21,975 11,314 36,592
Provided during the period 810 - 5,543 6,353
As at 31 January 2024 4,113 21,975 16,857 42,945
Net Book Value
As at 31 January 2024 1,031 - 10,516 11,547
As at 1 February 2023 1,443 - 6,531 7,974
Page 3
Page 4
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors - 33,098
Other debtors 1,264,733 1,174,825
1,264,733 1,207,923
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 4,301 2,076
Other creditors 845,081 915,197
Taxation and social security 2,341 10,604
851,723 927,877
7. Deferred Taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement
of financial position 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.
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
9. Directors Advances, Credits and Guarantees
The following advances and credits to a director subsisted during the years ended 31 January 2024 and
31 Janurary 2023:
As at 1 February 2023 Amounts advanced Amounts repaid Amounts written off As at 31 January 2024
£ £ £ £ £
Mr Trevor Dyke 193,697 193,248 - - 449
The director current account was repaid within 9 months of the company's financial year end.
Page 4