IRIS Accounts Production v25.1.4.42 12341502 director 1.4.24 31.3.25 31.3.25 false true false false true false Ordinary A 1.00000 Ordinary B 1.00000 Ordinary C & D 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh123415022024-03-31123415022025-03-31123415022024-04-012025-03-31123415022023-03-31123415022023-04-012024-03-31123415022024-03-3112341502ns15:EnglandWales2024-04-012025-03-3112341502ns14:PoundSterling2024-04-012025-03-3112341502ns10:Director12024-04-012025-03-3112341502ns10:PrivateLimitedCompanyLtd2024-04-012025-03-3112341502ns10:SmallEntities2024-04-012025-03-3112341502ns10:AuditExemptWithAccountantsReport2024-04-012025-03-3112341502ns10:SmallCompaniesRegimeForDirectorsReport2024-04-012025-03-3112341502ns10:SmallCompaniesRegimeForAccounts2024-04-012025-03-3112341502ns10:FullAccounts2024-04-012025-03-3112341502ns10:OrdinaryShareClass12024-04-012025-03-3112341502ns10:OrdinaryShareClass22024-04-012025-03-3112341502ns10:OrdinaryShareClass32024-04-012025-03-3112341502ns10:RegisteredOffice2024-04-012025-03-3112341502ns5:CurrentFinancialInstruments2025-03-3112341502ns5:CurrentFinancialInstruments2024-03-3112341502ns5:ShareCapital2025-03-3112341502ns5:ShareCapital2024-03-3112341502ns5:RetainedEarningsAccumulatedLosses2025-03-3112341502ns5:RetainedEarningsAccumulatedLosses2024-03-3112341502ns5:WithinOneYearns5:CurrentFinancialInstruments2025-03-3112341502ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3112341502ns10:OrdinaryShareClass12025-03-3112341502ns10:OrdinaryShareClass22025-03-3112341502ns10:OrdinaryShareClass32025-03-31
REGISTERED NUMBER: 12341502 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

IC RESOURCES LIMITED

IC RESOURCES LIMITED (REGISTERED NUMBER: 12341502)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 5

IC RESOURCES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTOR: I Clifton





REGISTERED OFFICE: 20 Havelock Road
Hastings
East Sussex
TN34 1BP





REGISTERED NUMBER: 12341502 (England and Wales)





ACCOUNTANTS: Ashdown Hurrey
Chartered Accountants & Business Advisers
20 Havelock Road
Hastings
East Sussex
TN34 1BP

IC RESOURCES LIMITED (REGISTERED NUMBER: 12341502)

BALANCE SHEET
31 MARCH 2025

31.3.25 31.3.24
Notes £    £   
CURRENT ASSETS
Debtors 4 50 3,091
Cash at bank 3,111 619
3,161 3,710
CREDITORS
Amounts falling due within one year 5 3,940 2,162
NET CURRENT (LIABILITIES)/ASSETS (779 ) 1,548
TOTAL ASSETS LESS CURRENT
LIABILITIES

(779

)

1,548

CAPITAL AND RESERVES
Called up share capital 6 5 5
Retained earnings (784 ) 1,543
SHAREHOLDERS' FUNDS (779 ) 1,548

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 8 July 2025 and were signed by:





I Clifton - Director


IC RESOURCES LIMITED (REGISTERED NUMBER: 12341502)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1. STATUTORY INFORMATION

IC Resources 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
In preparing the financial statements, the directors are required to make an assessment of the ability of the company to continue as a going concern. The directors have considered all available evidence for the company which covers the 12 month period from the date of signing these financial statements.

On the basis of this consideration, the directors are satisfied that the company has adequate resources to continue in operational existence and to meet its liabilities as they fall due for the foreseeable future. In reaching this conclusion they consider that no material uncertainty exists. As a result, the directors have concluded that it remains appropriate to adopt a going concern basis of preparation in these financial statements.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Tax - 3,012
VAT 50 79
50 3,091

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade creditors - 192
Tax 61 -
Social security and other taxes - 435
Directors' current accounts 2,515 235
Accrued expenses 1,364 1,300
3,940 2,162

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.25 31.3.24
value: £    £   
1 Ordinary A £1 1 1
2 Ordinary B £1 2 2
2 Ordinary C & D £1 2 2
5 5

IC RESOURCES LIMITED (REGISTERED NUMBER: 12341502)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

7. RELATED PARTY DISCLOSURES

At the year end, the company owed the director, Mr I Clifton, £2,515 (2024: £235). The loan is interest free and payable on demand.



CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
IC RESOURCES LIMITED

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of IC Resources Limited for the year ended 31 March 2025 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at icaew.com/membershandbook.

This report is made solely to the director of IC Resources Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of IC Resources Limited and state those matters that we have agreed to state to the director of IC Resources Limited in this report in accordance with icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than IC Resources Limited and its director for our work or for this report.

It is your duty to ensure that IC Resources Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of IC Resources Limited. You consider that IC Resources Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of IC Resources Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Ashdown Hurrey
Chartered Accountants & Business Advisers
20 Havelock Road
Hastings
East Sussex
TN34 1BP


14 July 2025