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REGISTERED NUMBER: 13036339 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

ICE COMMUNITY HOLDINGS LIMITED

ICE COMMUNITY HOLDINGS LIMITED (REGISTERED NUMBER: 13036339)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ICE COMMUNITY HOLDINGS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTOR: A Record MBE





REGISTERED OFFICE: Ty Merlin
Caerphilly Business Park
Caerphilly
CF83 3GS





REGISTERED NUMBER: 13036339 (England and Wales)





ACCOUNTANTS: McCabe Ford Williams
Chartered Accountants
Charlton House
Dour Street
DOVER
Kent
CT16 1BL

ICE COMMUNITY HOLDINGS LIMITED (REGISTERED NUMBER: 13036339)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investments 4 50,013 56,013

CURRENT ASSETS
Debtors 5 12,013 6,623
Cash at bank 158 782
12,171 7,405
CREDITORS
Amounts falling due within one year 6 318,948 281,089
NET CURRENT LIABILITIES (306,777 ) (273,684 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(256,764

)

(217,671

)

CAPITAL AND RESERVES
Called up share capital 10,000 10,000
Retained earnings (266,764 ) (227,671 )
(256,764 ) (217,671 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 January 2025 and were signed by:





A Record MBE - Director


ICE COMMUNITY HOLDINGS LIMITED (REGISTERED NUMBER: 13036339)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

ICE Community Holdings 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.

Preparation of consolidated financial statements
The financial statements contain information about ICE Community Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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 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.

3. EMPLOYEES AND DIRECTORS

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

4. FIXED ASSET INVESTMENTS

ICE COMMUNITY HOLDINGS LIMITED (REGISTERED NUMBER: 13036339)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024
Loans to
group
undertakings
£   
At 1 May 2023 56,013
Repayment in year (6,000 )
At 30 April 2024 50,013

The company owns 100% of the share capital of ICE Space Makers Limited, a company incorporated in England and Wales. ICE Space Makers Limited itself owns 100% of the share capital of Innovation Centres for Enterprise in Wales Limited, a company incorporated in England and Wales.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 5,400 -
Sundry debtors 6,613 6,623
12,013 6,623

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed to group undertakings 307,549 269,749
Social security and other taxes 58 -
Sundry creditors 11,341 11,340
318,948 281,089

7. RELATED PARTY DISCLOSURES

Anthony & Carole Limited is this company's ultimate parent company, by virtue of its 75% holding in WCR Limited.

During the year the company was loaned £43,200 (2023-£202,420) by WCR Limited, a company controlled by A Record, at 30 April 2024 £307,549 (2023-£269,749) was owed by the company. No interest was charged on this loan.

During the year the company received £6,000 (2023-£56,000 loaned to) from Innovation Centre for Enterprise in Wales Limited, a fellow group company. At 30 April 2024 £50,000 (2023-£56,000) was owed to the company. No interest was charged on this loan. During the year the company was charged administration fees of £nil (2023-£5,000) by Innovation Centre for Enterprise in Wales Limited.

At the year end the company owed one of the shareholders £8,940 (2023-£8,940) no interest was charged on this loan.

8. ULTIMATE CONTROLLING PARTY

A Record MBE is the ultimate controlling party by virtue of his shareholding in Anthony & Carole Limited.

9. GOING CONCERN

The financial statements have been prepared on a going concern basis. This basis is considered to be appropriate as the company continues to receive the support of its creditors.