Company Registration No. 14671276 (England and Wales)
Ic Performance Limited
Unaudited accounts
for the year ended 28 February 2025
Ic Performance Limited
Unaudited accounts
Contents
Ic Performance Limited
Company Information
for the year ended 28 February 2025
Company Number
14671276 (England and Wales)
Registered Office
17 Gainsboro Gardens
Greenford
Middlesex
UB6 0JG
England
Accountants
Utopians Accountants
49 Highview
Pinner
Middlesex
HA5 3PE
Ic Performance Limited
Statement of financial position
as at 28 February 2025
Tangible assets
12,056
12,476
Cash at bank and in hand
35,442
35,046
Creditors: amounts falling due within one year
(10,895)
(10,340)
Net current assets
26,411
25,186
Total assets less current liabilities
38,467
37,662
Creditors: amounts falling due after more than one year
(10,000)
(15,000)
Called up share capital
1,000
1,000
Profit and loss account
27,467
21,662
Shareholders' funds
28,467
22,662
For the year ending 28 February 2025 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 director acknowledges his 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 and authorised for issue on 5 September 2025 and were signed on its behalf by
Ian David Crump
Director
Company Registration No. 14671276
Ic Performance Limited
Notes to the Accounts
for the year ended 28 February 2025
Ic Performance Limited is a private company, limited by shares, registered in England and Wales, registration number 14671276. The registered office is 17 Gainsboro Gardens, Greenford, Middlesex, UB6 0JG, England.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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
10% on reducing balance
Motor vehicles
20% on reducing balance
Fixtures & fittings
10% on reducing balance
Computer equipment
20% on reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 March 2024
4,837
7,500
495
2,100
14,932
Additions
-
-
1,795
-
1,795
At 28 February 2025
4,837
7,500
2,290
2,100
16,727
At 1 March 2024
487
1,500
49
420
2,456
Charge for the year
435
1,200
244
336
2,215
At 28 February 2025
922
2,700
293
756
4,671
At 28 February 2025
3,915
4,800
1,997
1,344
12,056
At 29 February 2024
4,350
6,000
446
1,680
12,476
Ic Performance Limited
Notes to the Accounts
for the year ended 28 February 2025
5
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
6,500
4,500
Deferred income
4,395
5,840
6
Creditors: amounts falling due after more than one year
2025
2024
Loans from directors
10,000
15,000
7
Average number of employees
During the year the average number of employees was 1 (2024: 1).