ISCA Cost Management Limited 08793505 false 2023-07-01 2024-06-30 2024-06-30 The principal activity of the company is management consultancy activities. Digita Accounts Production Advanced 6.30.9574.0 true true 08793505 2023-07-01 2024-06-30 08793505 2024-06-30 08793505 bus:OrdinaryShareClass1 2024-06-30 08793505 core:RetainedEarningsAccumulatedLosses 2024-06-30 08793505 core:ShareCapital 2024-06-30 08793505 core:SharePremium 2024-06-30 08793505 core:CurrentFinancialInstruments core:WithinOneYear 2024-06-30 08793505 core:PatentsTrademarksLicencesConcessionsSimilar 2024-06-30 08793505 bus:SmallEntities 2023-07-01 2024-06-30 08793505 bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 08793505 bus:FilletedAccounts 2023-07-01 2024-06-30 08793505 bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 08793505 bus:RegisteredOffice 2023-07-01 2024-06-30 08793505 bus:Director1 2023-07-01 2024-06-30 08793505 bus:OrdinaryShareClass1 2023-07-01 2024-06-30 08793505 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 08793505 core:Goodwill 2023-07-01 2024-06-30 08793505 countries:England 2023-07-01 2024-06-30 08793505 2023-06-30 08793505 core:PatentsTrademarksLicencesConcessionsSimilar 2023-06-30 08793505 2022-07-01 2023-06-30 08793505 2023-06-30 08793505 bus:OrdinaryShareClass1 2023-06-30 08793505 core:RetainedEarningsAccumulatedLosses 2023-06-30 08793505 core:ShareCapital 2023-06-30 08793505 core:SharePremium 2023-06-30 08793505 core:CurrentFinancialInstruments core:WithinOneYear 2023-06-30 iso4217:GBP xbrli:pure xbrli:shares

ISCA Cost Management Limited

Annual Report and Unaudited Financial Statements
Year Ended 30 June 2024

Registration number: 08793505

 

ISCA Cost Management Limited

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 7

 

ISCA Cost Management Limited

Company Information

Director

Mr R H A Purkis

Registered office

Sigma House
Oak View Close
Edginswell Park
Torquay
Devon
TQ2 7FF

Accountants

Francis Clark LLP
Sigma House
Oak View Close
Edginswell Park
Torquay
Devon
TQ2 7FF

 

ISCA Cost Management Limited

Balance Sheet

30 June 2024

Note

2024
£

2023
£

Current assets

 

Cash at bank and in hand

 

21

32

Creditors: Amounts falling due within one year

5

(2,248)

(1,396)

Net liabilities

 

(2,227)

(1,364)

Capital and reserves

 

Called up share capital

6

414

414

Share premium reserve

156,686

156,686

Profit and loss account

(159,327)

(158,464)

Shareholders' deficit

 

(2,227)

(1,364)

 

ISCA Cost Management Limited

Balance Sheet

30 June 2024

For the financial year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the director on 25 November 2024
 

.........................................
Mr R H A Purkis
Director

Company Registration Number: 08793505

 

ISCA Cost Management Limited

Notes to the Unaudited Financial Statements

Year Ended 30 June 2024

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Sigma House
Oak View Close
Edginswell Park
Torquay
Devon
TQ2 7FF

The principal place of business is:
16 Marlborough Road
Exeter
Devon
EX2 4TJ

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

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 Section 1A, and the Companies Act 2006. There are no material departures from FRS102.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

In the opinion of the director, the company has sufficient working capital within existing facilities to continue to trade for the foreseeable future, and therefore the financial statements have been prepared on a going concern basis.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class

Amortisation method and rate

Franchise fee

20% straight line

 

ISCA Cost Management Limited

Notes to the Unaudited Financial Statements

Year Ended 30 June 2024

Financial instruments

Classification
The company holds the following financial instruments:

• Short term trade and other debtors and creditors;
• Cash and bank balances.

All financial instruments are classified as basic.

 Recognition and measurement
The company has chosen to apply the recognition and measurement principles in FRS102.

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument and derecognised when in the case of assets, the contractual rights to cash flows from the assets expire or substantially all the risks and rewards of ownership are transferred to another party, or in the case of liabilities, when the company’s obligations are discharged, expire or are cancelled.

Such instruments are initially measured at transaction price, including transaction costs, and are subsequently carried at the undiscounted amount of the cash or other consideration expected to be paid or received, after taking account of impairment adjustments.


 

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 0 (2023 - 0).

 

ISCA Cost Management Limited

Notes to the Unaudited Financial Statements

Year Ended 30 June 2024

4

Intangible assets

Trademarks, patents and licenses
 £

Total
£

Cost or valuation

At 1 July 2023

36,000

36,000

At 30 June 2024

36,000

36,000

Amortisation

At 1 July 2023

36,000

36,000

At 30 June 2024

36,000

36,000

Carrying amount

At 30 June 2024

-

-

5

Creditors

Creditors: amounts falling due within one year

2024
£

2023
 £

Due within one year

Other creditors

1,618

796

Accrued expenses

630

600

2,248

1,396

 

ISCA Cost Management Limited

Notes to the Unaudited Financial Statements

Year Ended 30 June 2024

6

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary shares of £1 each

414

414

414

414