ISCA Group Holdings Ltd 12463074 false 2023-07-01 2024-06-30 2024-06-30 The principal activity of the company is a Holding company Digita Accounts Production Advanced 6.30.9574.0 true false true 12463074 2023-07-01 2024-06-30 12463074 2024-06-30 12463074 bus:OrdinaryShareClass1 2024-06-30 12463074 core:RetainedEarningsAccumulatedLosses 2024-06-30 12463074 core:ShareCapital 2024-06-30 12463074 core:CurrentFinancialInstruments core:WithinOneYear 2024-06-30 12463074 core:AdditionsToInvestments 2024-06-30 12463074 core:CostValuation 2024-06-30 12463074 bus:SmallEntities 2023-07-01 2024-06-30 12463074 bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 12463074 bus:FullAccounts 2023-07-01 2024-06-30 12463074 bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 12463074 bus:RegisteredOffice 2023-07-01 2024-06-30 12463074 bus:Director1 2023-07-01 2024-06-30 12463074 bus:Director2 2023-07-01 2024-06-30 12463074 bus:OrdinaryShareClass1 2023-07-01 2024-06-30 12463074 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 12463074 countries:England 2023-07-01 2024-06-30 12463074 core:CostValuation 2023-06-30 12463074 2022-07-01 2023-06-30 12463074 2023-06-30 12463074 bus:OrdinaryShareClass1 2023-06-30 12463074 core:RetainedEarningsAccumulatedLosses 2023-06-30 12463074 core:ShareCapital 2023-06-30 12463074 core:CurrentFinancialInstruments core:WithinOneYear 2023-06-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 12463074

ISCA Group Holdings Ltd

Annual Report and Unaudited Financial Statements

for the year ended 30 June 2024

 

ISCA Group Holdings Ltd

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 6

 

ISCA Group Holdings Ltd

(Registration number: 12463074)
Balance Sheet as at 30 June 2024

Note

2024
£

2023
£

Fixed Assets

 

Investments

4

25,310

250

Current assets

 

Cash at bank and in hand

 

420

516

Creditors: Amounts falling due within one year

5

(110)

(50)

Net current assets

 

310

466

Net assets

 

25,620

716

Capital and Reserves

 

Called up share capital

6

100

100

Retained Earnings

25,520

616

Shareholders' funds

 

25,620

716

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.

Directors' 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 directors acknowledge their 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 in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised for issue by the Board on 12 March 2025 and signed on its behalf by:
 


Mrs J A Salam
Director


Mr O Salam
Director

 
     
 

ISCA Group Holdings Ltd

Notes to the Unaudited Financial Statements for the 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:
Queensgate House
48 Queen Street
EXETER
Devon
EX4 3SR

These financial statements were authorised for issue by the Board on 12 March 2025.

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 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

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

The financial statements have been prepared on a going concern basis.

 

ISCA Group Holdings Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

Judgements

There are no judgements which management have made in the process of applying the accounting policies.

Key sources of estimation uncertainty

There are no key sources of estimation uncertainty that have a significant risk of causing a material adjustment to assets and liabilities to be disclosed..

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.


Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade Creditors

Trade Creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade Creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Profit and Loss Account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

 

ISCA Group Holdings Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Financial instruments

Classification
Basic financial assets include trade and other debtors, cash and bank balances. Basic financial liabilities include trade and other payables, bank loans and preference shares that are classified as debt.
 Recognition and measurement
Basic financial assets are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method. Other debtors are classified as current assets if payment is due within one year or less and are initially recorded at transaction price and subsequently measured at the undiscounted amount of the cash expected to be received. Trade debtors are referred to above.

Basic financial liabilities are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Other creditors are classified as current liabilities if payment is due within one year or less and are recognised initially at transaction price and subsequently measured at the undiscounted amount of the cash expected to be paid. If not, they are presented as non-current liabilities and are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. Trade creditors and leases are referred to above.

 Impairment
At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in profit or loss.

If there is decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been had the impairment not previously been recognised. The impairment reversal is recognised in profit or loss.

 

ISCA Group Holdings Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

3

Staff numbers

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

4

Investments

2024
£

2023
£

Investments in subsidiaries

25,310

250

Subsidiaries

£

Cost or valuation

At 1 July 2023

250

Additions

25,060

At 30 June 2024

25,310

Provision

Carrying amount

At 30 June 2024

25,310

At 30 June 2023

250

 

ISCA Group Holdings Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

5

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Loans and borrowings

50

50

Amounts owed to group undertakings and undertakings in which the company has a participating interest

60

-

 

110

50

6

Share capital

Allotted, called up and fully paid shares

 

2024

2023

 

No.

£

No.

£

Ordinary of £1 each

100

100

100

100