ICG PROPERTIES LTD

ICG PROPERTIES LTD
Contents Page
For the Period 01 January 2024 to 31 March 2025

Company information	1
Statement of financial position	2

ICG PROPERTIES LTD
Company Information
For the Period 01 January 2024 to 31 March 2025

Directors	Christina Gentles Iain Gentles
Registered Number	SC753936
Registered Office	17 Wellgate Street Larkhall ML9 2AG
Accountants	Libratum Accountancy Ltd 96-98 Forrest Street Clarkston Airdrie Lanarkshire ML6 7AG

1

Registered Number: SC753936 ICG PROPERTIES LTD
Statement of Financial Position
As at 31 March 2025

	2025		2023
	£	£	£	£
Fixed assets		148,673		143,673
Current assets	3,326		1,508
Creditors: amount falling due within one year	(152,022)		(145,179)
Net current assets		(148,696)		(143,671)
Total assets less current liabilities		(23)		2
Net assets		(23)		2


Capital and reserves		(23)		2

NOTES TO THE ACCOUNTS

General Information

ICG PROPERTIES LTD is a private company, limited by shares, registered in Scotland, registration number SC753936, registration address 17 Wellgate Street, Larkhall, ML9 2AG.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Going concern basis

The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Fixed asset investments

Fixed asset investments are stated at cost less provision for any permanent diminution in value.

2.	Average number of employees Average number of employees during the period was 0 (2023 : 0).

For the period ended 31 March 2025 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 period in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.

The financial statements were approved by the board of directors on 23 September 2025 and were signed on its behalf by:

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Christina Gentles
Director

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Registered Number: SC753936
Scotland
ICG PROPERTIES LTD

Unaudited Financial Statements

Period of accounts Start date: 01 January 2024 End date: 31 March 2025