REGISTERED NUMBER: 03687428 (England and Wales)

Financial Statements for the Year Ended 30 April 2025

for

INTER COUNTY SERVICE GROUP LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

L D Nicholson

K M Nicholson

C T Nicholson

SECRETARY:

L D Nicholson

REGISTERED OFFICE:

Unit D Brindley Close

Rushden

Northamptonshire

NN10 6EN

REGISTERED NUMBER:

03687428 (England and Wales)

SENIOR STATUTORY AUDITOR:

David A. Cox

AUDITORS:

Cox & Co. (Accountancy) Limited

Statutory Auditors

The Granary

High Street

Turvey

Bedford

Bedfordshire

MK43 8DB

FIXED ASSETS

Intangible assets

4

2,814

3,768

Tangible assets

5

182,997

168,136

185,811

171,904

CURRENT ASSETS

Stocks

84,549

78,460

Debtors

6

560,948

871,207

Cash at bank and in hand

1,313,462

665,490

1,958,959

1,615,157

CREDITORS

Amounts falling due within one year

7

534,123

509,172

NET CURRENT ASSETS

1,424,836

1,105,985

TOTAL ASSETS LESS CURRENT LIABILITIES

1,610,647

1,277,889

PROVISIONS FOR LIABILITIES

45,150

37,790

NET ASSETS

1,565,497

1,240,099

CAPITAL AND RESERVES

Called up share capital

1,100

1,100

Retained earnings

1,564,397

1,238,999

1,565,497

1,240,099

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 3 October 2025 and were signed on its behalf by:

C T Nicholson - Director

1.	STATUTORY INFORMATION

Inter County Service Group Ltd 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 comprises the fair valuation of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company's activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:

The amount of revenue an be reliably measured;

It is probable that future economic benefits will flow to the entity;

and specific criteria have been met for each of the company's activities.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2021, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

10% on cost

Plant and machinery etc

-

25% on reducing balance, 15% on reducing balance and at variable rates on reducing balance

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO), method.

The cost of finished goods and work in progress comprises direct materials and where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

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 258 (2024 - 273 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 May 2024

and 30 April 2025

381,002

AMORTISATION

At 1 May 2024

377,234

Charge for year

954

At 30 April 2025

378,188

NET BOOK VALUE

At 30 April 2025

2,814

At 30 April 2024

3,768

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 May 2024

23,985

382,996

406,981

Additions

-

73,044

73,044

Disposals

-

(13,825

)

(13,825

)

At 30 April 2025

23,985

442,215

466,200

DEPRECIATION

At 1 May 2024

19,188

219,657

238,845

Charge for year

2,399

54,383

56,782

Eliminated on disposal

-

(12,424

)

(12,424

)

At 30 April 2025

21,587

261,616

283,203

NET BOOK VALUE

At 30 April 2025

2,398

180,599

182,997

At 30 April 2024

4,797

163,339

168,136

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

500,758

505,084

Other debtors

60,190

366,123

560,948

871,207

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

98,894

95,213

Taxation and social security

324,566

313,697

Other creditors

110,663

100,262

534,123

509,172

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

David A. Cox (Senior Statutory Auditor)

for and on behalf of Cox & Co. (Accountancy) Limited