IRIS Accounts Production v25.3.0.601 06689373 Board of Directors 1.2.24 31.1.25 31.1.25 27/10/25 false true false false true true false Auditors Opinion iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 06689373 2024-01-31 06689373 2025-01-31 06689373 2024-02-01 2025-01-31 06689373 2023-01-31 06689373 2023-02-01 2024-01-31 06689373 2024-01-31 06689373 ns15:EnglandWales 2024-02-01 2025-01-31 06689373 ns14:PoundSterling 2024-02-01 2025-01-31 06689373 ns10:Director1 2024-02-01 2025-01-31 06689373 ns10:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 06689373 ns10:SmallEntities 2024-02-01 2025-01-31 06689373 ns10:Audited 2024-02-01 2025-01-31 06689373 ns10:SmallCompaniesRegimeForDirectorsReport 2024-02-01 2025-01-31 06689373 ns10:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 06689373 ns10:FullAccounts 2024-02-01 2025-01-31 06689373 ns10:Director3 2024-02-01 2025-01-31 06689373 ns10:CompanySecretary1 2024-02-01 2025-01-31 06689373 ns10:RegisteredOffice 2024-02-01 2025-01-31 06689373 ns5:CurrentFinancialInstruments 2025-01-31 06689373 ns5:CurrentFinancialInstruments 2024-01-31 06689373 ns5:ShareCapital 2025-01-31 06689373 ns5:ShareCapital 2024-01-31 06689373 ns5:RetainedEarningsAccumulatedLosses 2025-01-31 06689373 ns5:RetainedEarningsAccumulatedLosses 2024-01-31 06689373 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-01-31 06689373 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-01-31

REGISTERED NUMBER: 06689373 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

FOR

INTERNATIONAL CARGO LIMITED

INTERNATIONAL CARGO LIMITED (REGISTERED NUMBER: 06689373)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 3 |

INTERNATIONAL CARGO LIMITED

COMPANY INFORMATION

FOR THE YEAR ENDED 31 JANUARY 2025

| DIRECTORS: | B Walters

| G Sohal

| SECRETARY: | C A Brearley

| REGISTERED OFFICE: | Charter House

| 161 Newhall Street

| Birmingham

| West Midlands

| B3 1SW

| REGISTERED NUMBER: | 06689373 (England and Wales)

| AUDITORS: | Prime

| Chartered Accountants

| Statutory Auditor

| 161 Newhall Street

| Birmingham

| B3 1SW

INTERNATIONAL CARGO LIMITED (REGISTERED NUMBER: 06689373)

BALANCE SHEET

31 JANUARY 2025

| 2025 |  | 2024

| Notes | £ | £ |

CURRENT ASSETS

Debtors | 4 | 782,956 |  | 681,489 |  |

Cash at bank | 469 |  | 364 |  |

783,425 |  | 681,853 |  |

CREDITORS

Amounts falling due within one year | 5 | 195,491 |  | 172,820 |  |

NET CURRENT ASSETS | 587,934 |  | 509,033 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 587,934 |  | 509,033 |  |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Retained earnings | 587,834 |  | 508,933 |  |

SHAREHOLDERS' FUNDS | 587,934 |  | 509,033 |  |

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 16 October 2025 and were signed on its behalf by:

B Walters - Director

INTERNATIONAL CARGO LIMITED (REGISTERED NUMBER: 06689373)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

1. | STATUTORY INFORMATION

| International Cargo 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.

| The presentation currency of the financial statements is the Pound Sterling (£).

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.

| Related party exemption

| The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Current 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.

| Foreign currencies

| Monetary assets and liabilities denominated in foreign currencies at the balance sheet date are reported at the rates of exchange prevailing at that balance sheet date. Transactions in foreign currencies are recorded at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

INTERNATIONAL CARGO LIMITED (REGISTERED NUMBER: 06689373)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 JANUARY 2025

2. | ACCOUNTING POLICIES - continued

| 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 and loss in the period to which they relate. Differences between contributions payable in the year and contributions actually paid are shown as either accruals or prepayments in the balance sheet.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 4 (2024 - 4 ) .

4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | - |  | 3,973 |  |

| Amounts owed by group undertakings | 781,999 |  | 676,956 |  |

| Other debtors | 957 |  | 560 |  |

782,956 |  | 681,489 |  |

5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade creditors | 167,835 |  | 155,111 |  |

| Taxation and social security | 22,656 |  | 17,709 |  |

| Other creditors | 5,000 |  | - |  |

195,491 |  | 172,820 |  |

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

| The Report of the Auditors was unqualified.

| Jeremy Kitson BA FCA (Senior Statutory Auditor)

| for and on behalf of Prime

7. | FINANCIAL COMMITMENTS

| The company's bankers have an absolute assignment to the bank, and secondly a first fixed charge over all present and future property, book and other debts, chattels and unclaimed capital; and a first floating charge over all present and future assets and undertakings.

| An unlimited multilateral guarantee exists between the bank and International Cargo Limited, its fellow subsidiary companies, Entec International Limited and Need2 Limited, and its parent company Entec Global Limited. At the year end £700,842 (2024: £1,195,331) was due to the bank under this arrangement.

INTERNATIONAL CARGO LIMITED (REGISTERED NUMBER: 06689373)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 JANUARY 2025

8. | ULTIMATE PARENT COMPANY

| The company is a subsidiary undertaking of Entec Global Limited, a company incorporated in England & Wales registered at Charter House, 161 Newhall Street, Birmingham, England, B3 1SW.

| Copies of the financial statements for Entec Global Limited are available from Companies House, Crown Way, Cardiff, CF14 3UZ.