REGISTERED NUMBER: 02606715 (England and Wales)

Financial Statements

for the Year Ended 31 March 2025

for

I C International Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

M Illman

Mrs D Reid

SECRETARY:

Mrs D Reid

REGISTERED OFFICE:

Lilleshall Buildings

Gower Street Trading Estate

St Georges

Telford

Shropshire

TF2 9HW

REGISTERED NUMBER:

02606715 (England and Wales)

ACCOUNTANTS:

Vaughan Davies Enterprise Ltd

15 St Mary's Street

Newport

Shropshire

TF10 7AF

FIXED ASSETS

Tangible assets

4

203,379

203,472

CURRENT ASSETS

Stocks

40,000

41,300

Debtors

5

95,775

72,487

Cash at bank and in hand

293,931

336,528

429,706

450,315

CREDITORS

Amounts falling due within one year

6

116,963

136,634

NET CURRENT ASSETS

312,743

313,681

TOTAL ASSETS LESS CURRENT LIABILITIES

516,122

517,153

CAPITAL AND RESERVES

Called up share capital

101

101

Retained earnings

516,021

517,052

SHAREHOLDERS' FUNDS

516,122

517,153

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 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.

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 23 September 2025 and were signed on its behalf by:

M Illman - Director

1.	STATUTORY INFORMATION

I C International 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

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.

Freehold property

-

not provided

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 7 (2024 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Computer

property

machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

201,085

39,150

15,252

22,059

277,546

Additions

-

-

-

673

673

At 31 March 2025

201,085

39,150

15,252

22,732

278,219

DEPRECIATION

At 1 April 2024

-

38,910

15,135

20,029

74,074

Charge for year

-

60

30

676

766

At 31 March 2025

-

38,970

15,165

20,705

74,840

NET BOOK VALUE

At 31 March 2025

201,085

180

87

2,027

203,379

At 31 March 2024

201,085

240

117

2,030

203,472

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

94,089

33,919

Other debtors

-

36,000

Prepayments

1,686

2,568

95,775

72,487

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

27,124

57,033

Tax

42,605

42,811

Social security and other taxes

4,590

4,493

VAT

28,341

8,742

Other creditors

13,763

23,015

Directors' current accounts

540

540

116,963

136,634