03171242falsethat of the maintenance of commercial vehicles2023-05-012024-04-30http://www.companieshouse.gov.uk/2023-04-30http://www.companieshouse.gov.uk/cd:CompanySecretary12023-05-012024-04-30http://www.companieshouse.gov.uk/pt:PlantMachinery2023-04-30http://www.companieshouse.gov.uk/pt:ShareCapital2023-04-30http://www.companieshouse.gov.uk/cd:Director12023-05-012024-04-30http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2023-04-30http://www.companieshouse.gov.uk/pt:PlantMachinery2024-04-30http://www.companieshouse.gov.uk/pt:ShareCapital2024-04-30http://www.companieshouse.gov.uk/cd:Director22023-05-012024-04-30http://www.companieshouse.gov.uk/pt:FurnitureFittings2023-04-30http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2024-04-30http://www.companieshouse.gov.uk/pt:FurnitureFittings2024-04-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12023-05-012024-04-30http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-05-012024-04-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass22023-05-012024-04-30http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-05-012024-04-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-04-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-04-30http://www.companieshouse.gov.uk/2023-05-012024-04-30http://www.companieshouse.gov.uk/2023-04-30http://www.companieshouse.gov.uk/cd:FRS1022023-05-012024-04-30http://www.companieshouse.gov.uk/2024-04-30http://www.companieshouse.gov.uk/cd:FullAccounts2023-05-012024-04-30http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-05-012024-04-30iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 03171242

I.C.C. (Trailer Repair Specialists) Limited

ACCOUNTS
FOR THE YEAR ENDED 30/04/2024

Prepared By:
Morgan Dodd Limited
Chartered Certified Accountants & Registered Auditors
5 Myrtle Grove
Auckley
Doncaster
South Yorkshire
DN9 3HR

I.C.C. (Trailer Repair Specialists) Limited

ACCOUNTS
FOR THE YEAR ENDED 30/04/2024
DIRECTORS
Denis Wade
Jayne Wade
SECRETARY
Jayne Wade
REGISTERED OFFICE
Lancaster Approach
North Killingholme Ind. Est.
Immingham
North East Lincolnshire
DN40 3JY
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 03171242
ACCOUNTANTS
Morgan Dodd Limited
Chartered Certified Accountants & Registered Auditors
5 Myrtle Grove
Auckley
Doncaster
South Yorkshire
DN9 3HR

I.C.C. (Trailer Repair Specialists) Limited

ACCOUNTS
FOR THEYEARENDED30/04/2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

I.C.C. (Trailer Repair Specialists) Limited

BALANCE SHEET AT 30/04/2024
20242023
Notes££
FIXED ASSETS
Tangible assets3221,856178,443
CURRENT ASSETS
Stock4,9104,490
Debtors5407,760422,411
Cash at bank and in hand397,138193,974
809,808620,875
CREDITORS: Amounts falling due within one year6254,926183,614
NET CURRENT ASSETS554,882437,261
TOTAL ASSETS LESS CURRENT LIABILITIES776,738615,704
PROVISIONS FOR LIABILITIES AND CHARGES755,46433,904
NET ASSETS721,274581,800
CAPITAL AND RESERVES
Called up share capital8110110
Profit and loss account721,164581,690
SHAREHOLDERS' FUNDS721,274581,800
For the year ending 30/04/2024 the company was entitled to exemption 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 directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 29/01/2025 and signed on their behalf by
.............................
Jayne Wade
Director

I.C.C. (Trailer Repair Specialists) Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30/04/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machinerystraight line 15%
Commercial Vehiclesstraight line 25%
Fixtures and Fittingsstraight line 15%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
2. EMPLOYEES
20242023
No.No.
Average number of employees1818

I.C.C. (Trailer Repair Specialists) Limited

3. TANGIBLE FIXED ASSETS
Plant andCommercialFixtures
MachineryVehiclesand FittingsTotal
££££
Cost
At 01/05/202389,859281,50260,192431,553
Additions498108,408-108,906
Disposals-(9,895)-(9,895)
At 30/04/202490,357380,01560,192530,564
Depreciation
At 01/05/202344,370166,66342,077253,110
Disposals-(9,895)-(9,895)
For the year6,89855,8782,71765,493
At 30/04/202451,268212,64644,794308,708
Net Book Amounts
At 30/04/202439,089167,36915,398221,856
At 30/04/202345,489114,83918,115178,443
4. STOCK 20242023
££
Stock comprises:
Stock4,9104,490
4,9104,490
5. DEBTORS 20242023
££
Amounts falling due within one year
Trade debtors390,697408,101
VAT16,89014,042
Other debtors173268
407,760422,411

I.C.C. (Trailer Repair Specialists) Limited

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
UK corporation tax93,08940,458
PAYE control5,9657,267
Salaries and wages control-12,727
Directors current account13,426373
Trade creditors138,125120,073
Other creditors905-
Pension schemes1,153603
Accruals2,2632,113
254,926183,614
7. PROVISIONS FOR LIABILITIES 20242023
££
Deferred taxation55,46433,904
55,46433,904
8. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
10 Class A shares of £1 each1010
110110