Imaging Consumables Coalition of Europe Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 03426589

Imaging Consumables Coalition of Europe

Company Limited by Guarantee

Filleted Unaudited Financial Statements

31 December 2024

Imaging Consumables Coalition of Europe

Company Limited by Guarantee

Balance Sheet

31 December 2024

	2024	2023
Note	£	£

Current assets

Debtors	5	17,550	3,640
Cash at bank and in hand		35,933	44,818
		--------	--------
		53,483	48,458

Creditors: amounts falling due within one year	6	25,785	1,750
		--------	--------
Net current assets		27,698	46,708
		--------	--------
Total assets less current liabilities		27,698	46,708
		--------	--------
Net assets		27,698	46,708
		--------	--------

Capital and reserves

Profit and loss account	27,698	46,708
	--------	--------
Members funds	27,698	46,708
	--------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the profit and loss account has not been delivered.

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 18 September 2025 , and are signed on behalf of the board by:

Miss I R Irvine
Director

Company registration number: 03426589

Imaging Consumables Coalition of Europe

Company Limited by Guarantee

Notes to the Financial Statements

Year ended 31 December 2024

1. General information

The company is a private company limited by guarantee, registered in England and Wales. The address of the registered office is A3 Broomsleigh Business Park, Worsley Bridge Road, London, SE26 5BN, England.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

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

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for membership, stated net of discounts and of Value Added Tax.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

4. Company limited by guarantee

Imaging Consumables Coalition of Europe is a private company limited by guarantee incorporated in England and Wales. The registered office is A3 Broomsleigh Business Park, Worsley Bridge Road, London, SE26 5BN.

5. Debtors

	2024	2023
	£	£
Trade debtors	17,550	3,000
Other debtors	–	640
	--------	-------
	17,550	3,640
	--------	-------

6. Creditors: amounts falling due within one year

	2024	2023
	£	£
Trade creditors	991	–
Social security and other taxes	1,244	–
Other creditors	23,550	1,750
	--------	-------
	25,785	1,750
	--------	-------

7. Financial instruments

The carrying amount for each category of financial instrument is as follows:

	2024	2023
	£	£

Financial assets measured at fair value through profit or loss

Financial assets measured at fair value through profit or loss	53,482	47,818
	--------	--------

Financial liabilities measured at fair value through profit or loss

Financial liabilities measured at fair value through profit or loss	2,790	1,750
	-------	-------