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Company Registration No. 08450660 (England and Wales)
ICAP PROTECTORS LTD. Unaudited accounts for the year ended 31 August 2024
ICAP PROTECTORS LTD. Unaudited accounts Contents
Page
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ICAP PROTECTORS LTD. Company Information for the year ended 31 August 2024
Directors
Savvas Roubanis Ms. Panayiota Katsi Ms. Vasiliki Ira Katsi
Company Number
08450660 (England and Wales)
Registered Office
20-22 Wenlock Road London N1 7GU
Accountants
Olaando Consulting Ltd 7 Bell Yard London WC2A 2JR
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ICAP PROTECTORS LTD. Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
705 
869 
Current assets
Inventories
5,178 
735 
Debtors
403 
403 
Cash at bank and in hand
47,882 
46,644 
53,463 
47,782 
Creditors: amounts falling due within one year
(4,884)
2,839 
Net current assets
48,579 
50,621 
Net assets
49,284 
51,490 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
48,284 
50,490 
Shareholders' funds
49,284 
51,490 
For the year ending 31 August 2024 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 30 May 2025 and were signed on its behalf by
Savvas Roubanis Director Company Registration No. 08450660
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ICAP PROTECTORS LTD. Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
ICAP PROTECTORS LTD. is a private company, limited by shares, registered in England and Wales, registration number 08450660. The registered office is 20-22 Wenlock Road, London, N1 7GU.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33% Straight Line
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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ICAP PROTECTORS LTD. Notes to the Accounts for the year ended 31 August 2024
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 September 2023
1,303 
Additions
709 
At 31 August 2024
2,012 
Depreciation
At 1 September 2023
434 
Charge for the year
873 
At 31 August 2024
1,307 
Net book value
At 31 August 2024
705 
At 31 August 2023
869 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
404 
404 
Trade debtors
(1)
(1)
403 
403 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
11,366 
1,428 
Taxes and social security
- 
1,297 
Other creditors
1,020 
843 
Loans from directors
(7,802)
(6,707)
Accruals
300 
300 
4,884 
(2,839)
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000 
1,000 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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