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REGISTERED NUMBER: SC137997 (Scotland)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

I C Systems (Scotland) Limited

I C Systems (Scotland) Limited (Registered number: SC137997)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


I C Systems (Scotland) Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: I Walker





SECRETARY: Mrs K Walker





REGISTERED OFFICE: 2 Boathouse Avenue
Largs
Ayrshire
KA30 8PW





REGISTERED NUMBER: SC137997 (Scotland)





ACCOUNTANTS: Glen Drummond Financial Accountants
12 Carron Place
East Kilbride
Lanarkshire
G75 0YL

I C Systems (Scotland) Limited (Registered number: SC137997)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,860 6,903

CURRENT ASSETS
Debtors 5 1,331 1,338
Cash at bank 462,949 487,349
464,280 488,687
CREDITORS
Amounts falling due within one year 6 3,711 4,126
NET CURRENT ASSETS 460,569 484,561
TOTAL ASSETS LESS CURRENT
LIABILITIES

466,429

491,464

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 466,329 491,364
SHAREHOLDERS' FUNDS 466,429 491,464

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 29 November 2024 and were signed by:



I Walker - Director


I C Systems (Scotland) Limited (Registered number: SC137997)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

I C Systems (Scotland) Limited is a private company, limited by shares , registered in Scotland. 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 20% on reducing balance

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 April 2023
and 31 March 2024 161,260 895 15,884 178,039
DEPRECIATION
At 1 April 2023 154,513 859 15,764 171,136
Charge for year 1,013 7 23 1,043
At 31 March 2024 155,526 866 15,787 172,179
NET BOOK VALUE
At 31 March 2024 5,734 29 97 5,860
At 31 March 2023 6,747 36 120 6,903

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Other debtors 1,331 1,338

I C Systems (Scotland) Limited (Registered number: SC137997)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Social security and other taxes - 624
Directors' current accounts 2,501 2,292
Accrued expenses 1,210 1,210
3,711 4,126