IRIS Accounts Production v24.3.2.46 05543236 Board of Directors 1.1.24 31.12.24 31.12.24 false true false false true false A Ordinary 1.00000 B Ordinary 1.00000 C1 Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh055432362023-12-31055432362024-12-31055432362024-01-012024-12-31055432362022-12-31055432362023-01-012023-12-31055432362023-12-3105543236ns15:EnglandWales2024-01-012024-12-3105543236ns14:PoundSterling2024-01-012024-12-3105543236ns10:Director12024-01-012024-12-3105543236ns10:PrivateLimitedCompanyLtd2024-01-012024-12-3105543236ns10:SmallEntities2024-01-012024-12-3105543236ns10:AuditExempt-NoAccountantsReport2024-01-012024-12-3105543236ns10:SmallCompaniesRegimeForDirectorsReport2024-01-012024-12-3105543236ns10:SmallCompaniesRegimeForAccounts2024-01-012024-12-3105543236ns10:FullAccounts2024-01-012024-12-3105543236ns10:OrdinaryShareClass22024-01-012024-12-3105543236ns10:OrdinaryShareClass32024-01-012024-12-3105543236ns10:OrdinaryShareClass52024-01-012024-12-3105543236ns10:Director22024-01-012024-12-3105543236ns10:CompanySecretary12024-01-012024-12-3105543236ns10:RegisteredOffice2024-01-012024-12-3105543236ns5:CurrentFinancialInstruments2024-12-3105543236ns5:CurrentFinancialInstruments2023-12-3105543236ns5:ShareCapital2024-12-3105543236ns5:ShareCapital2023-12-3105543236ns5:RetainedEarningsAccumulatedLosses2024-12-3105543236ns5:RetainedEarningsAccumulatedLosses2023-12-3105543236ns5:PlantMachinery2024-01-012024-12-3105543236ns5:FurnitureFittings2024-01-012024-12-3105543236ns5:LandBuildingsns5:ShortLeaseholdAssets2023-12-3105543236ns5:PlantMachinery2023-12-3105543236ns5:FurnitureFittings2023-12-3105543236ns5:LandBuildingsns5:ShortLeaseholdAssets2024-01-012024-12-3105543236ns5:LandBuildingsns5:ShortLeaseholdAssets2024-12-3105543236ns5:PlantMachinery2024-12-3105543236ns5:FurnitureFittings2024-12-3105543236ns5:LandBuildingsns5:ShortLeaseholdAssets2023-12-3105543236ns5:PlantMachinery2023-12-3105543236ns5:FurnitureFittings2023-12-3105543236ns5:WithinOneYearns5:CurrentFinancialInstruments2024-12-3105543236ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-3105543236ns5:DeferredTaxation2023-12-3105543236ns5:DeferredTaxation2024-01-012024-12-3105543236ns5:DeferredTaxation2024-12-3105543236ns10:OrdinaryShareClass22024-12-3105543236ns10:OrdinaryShareClass32024-12-3105543236ns10:OrdinaryShareClass52024-12-31
REGISTERED NUMBER: 05543236 (England and Wales)











Financial Statements

for the Year Ended 31 December 2024

for

IDCC SERVICES LIMITED

IDCC SERVICES LIMITED (REGISTERED NUMBER: 05543236)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


IDCC SERVICES LIMITED

Company Information
for the Year Ended 31 December 2024







DIRECTORS: Mr C Insley
Mrs L Insley





SECRETARY: Mrs L Insley





REGISTERED OFFICE: 42 Lytton Road
Barnet
Hertfordshire
EN5 5BY





REGISTERED NUMBER: 05543236 (England and Wales)





ACCOUNTANTS: Jeff Lermer & Associates
Chartered Accountants
42 Lytton Road
Barnet
Hertfordshire
EN5 5BY

IDCC SERVICES LIMITED (REGISTERED NUMBER: 05543236)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 97,672 107,204

CURRENT ASSETS
Debtors 5 545,955 910,403
Cash at bank 627,458 29,053
1,173,413 939,456
CREDITORS
Amounts falling due within one year 6 787,391 653,728
NET CURRENT ASSETS 386,022 285,728
TOTAL ASSETS LESS CURRENT
LIABILITIES

483,694

392,932

PROVISIONS FOR LIABILITIES 7 24,266 27,005
NET ASSETS 459,428 365,927

CAPITAL AND RESERVES
Called up share capital 8 100,120 100,120
Retained earnings 359,308 265,807
SHAREHOLDERS' FUNDS 459,428 365,927

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

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

The directors acknowledge their 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.

IDCC SERVICES LIMITED (REGISTERED NUMBER: 05543236)

Balance Sheet - continued
31 December 2024


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 Board of Directors and authorised for issue on 11 March 2025 and were signed on its behalf by:





Mr C Insley - Director


IDCC SERVICES LIMITED (REGISTERED NUMBER: 05543236)

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

1. STATUTORY INFORMATION

IDCC Services 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2023 - 15 ) .

IDCC SERVICES LIMITED (REGISTERED NUMBER: 05543236)

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

4. TANGIBLE FIXED ASSETS
Fixtures
Short Plant and and
leasehold machinery fittings Totals
£    £    £    £   
COST
At 1 January 2024 129,751 90,425 16,275 236,451
Additions - 4,349 4,619 8,968
At 31 December 2024 129,751 94,774 20,894 245,419
DEPRECIATION
At 1 January 2024 37,505 79,150 12,592 129,247
Charge for year 13,178 3,090 2,232 18,500
At 31 December 2024 50,683 82,240 14,824 147,747
NET BOOK VALUE
At 31 December 2024 79,068 12,534 6,070 97,672
At 31 December 2023 92,246 11,275 3,683 107,204

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 149,576 307,095
Other debtors 67,775 274,549
Prepayments and accrued income 328,604 328,759
545,955 910,403

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade creditors 451,213 443,524
Tax 57,294 27,035
Social security and other taxes 16,052 22,601
VAT 12,859 13,149
Other creditors 11,894 19,340
Directors' current accounts 226,079 104,079
Accruals and deferred income 12,000 24,000
787,391 653,728

7. PROVISIONS FOR LIABILITIES
31.12.24 31.12.23
£    £   
Deferred tax 24,266 27,005

IDCC SERVICES LIMITED (REGISTERED NUMBER: 05543236)

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

7. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 January 2024 27,005
Provided during year (2,739 )
Balance at 31 December 2024 24,266

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.24 31.12.23
value: £    £   
49 A Ordinary £1 49 49
50 B Ordinary £1 50 50
5 C1 Ordinary £1 5 5
5 C2 Ordinary £1 5 5
5 C3 Ordinary £1 5 5
5 C4 Ordinary £1 5 5
1 D Ordinary £1 1 1
100,000 E Redeemable £1 100,000 100,000
100,120 100,120

9. RELATED PARTY DISCLOSURES

The company owed the director £226,079 (2023: £104,079). The amount is interest free and repayable on demand.

At the balance sheet date, the company was owed £67,525 (2023: £274,449) by IDCC Properties Ltd. They are related parties by virtue of the fact that they are under common control.