ISCA Cost Management Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 7

ISCA Cost Management Limited

Company Information

Director

Mr R H A Purkis

Registered office

Sigma House Oak View Close Edginswell Park Torquay Devon TQ2 7FF

Accountants

Francis Clark LLP Sigma House Oak View Close Edginswell Park Torquay Devon TQ2 7FF

ISCA Cost Management Limited

Balance Sheet

30 June 2025

	Note	2025 £	2024 £
Current assets
Debtors		20	-
Cash at bank and in hand		-	21
		20	21
Creditors: Amounts falling due within one year	5	(19)	(2,248)
Net assets/(liabilities)		1	(2,227)
Capital and reserves
Called up share capital	6	421	414
Share premium reserve		160,179	156,686
Profit and loss account		(160,599)	(159,327)
Shareholders' funds/(deficit)		1	(2,227)

ISCA Cost Management Limited

Balance Sheet

30 June 2025

For the financial year ending 30 June 2025 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 accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the director on 11 September 2025
 

......................................... Mr R H A Purkis Director

Company Registration Number: 08793505

ISCA Cost Management Limited

Notes to the Unaudited Financial Statements

Year Ended 30 June 2025

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Sigma House
Oak View Close
Edginswell Park
Torquay
Devon
TQ2 7FF

The principal place of business is:
16 Marlborough Road
Exeter
Devon
EX2 4TJ

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

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 Section 1A, and the Companies Act 2006. There are no material departures from FRS102.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The company ceased trading on 30 June 2025. As required by UK accounting standards, the directors have prepared the financial statements on the basis that the company is no longer a going concern. No material adjustments arose as a result of ceasing to apply the going concern basis.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Franchise fee	20% straight line

ISCA Cost Management Limited

Notes to the Unaudited Financial Statements

Year Ended 30 June 2025

Financial instruments

Classification
The company holds the following financial instruments:

• Short term trade and other debtors and creditors;
• Cash and bank balances.

All financial instruments are classified as basic.

 Recognition and measurement
The company has chosen to apply the recognition and measurement principles in FRS102.

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument and derecognised when in the case of assets, the contractual rights to cash flows from the assets expire or substantially all the risks and rewards of ownership are transferred to another party, or in the case of liabilities, when the company’s obligations are discharged, expire or are cancelled.

Such instruments are initially measured at transaction price, including transaction costs, and are subsequently carried at the undiscounted amount of the cash or other consideration expected to be paid or received, after taking account of impairment adjustments.

 

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 0 (2024 - 0).

ISCA Cost Management Limited

Notes to the Unaudited Financial Statements

Year Ended 30 June 2025

4	Intangible assets

	Trademarks, patents and licenses  £	Total £
Cost or valuation
At 1 July 2024	36,000	36,000
At 30 June 2025	36,000	36,000
Amortisation
At 1 July 2024	36,000	36,000
At 30 June 2025	36,000	36,000
Carrying amount
At 30 June 2025	-	-