REGISTERED NUMBER: 07016223 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

INDUSTRIAL CONTROLS AND AUTOMATION

LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

N S Gibbs

SECRETARY:

REGISTERED OFFICE:

Unit 5, Rinkway Business Park

Rink Drive

Swadllincote

Derbyshire

DE11 8JL

REGISTERED NUMBER:

07016223 (England and Wales)

ACCOUNTANTS:

Neil Paul & Co

Chartered Certified Accountants

110 Swan Mews

Swan Road

Lichfield

Staffordshire

WS13 6TU

FIXED ASSETS

Tangible assets

4

793

7,679

CURRENT ASSETS

Debtors

5

181,455

128,313

Cash at bank

5,849

29,828

187,304

158,141

CREDITORS

Amounts falling due within one year

6

222,761

170,764

NET CURRENT LIABILITIES

(35,457

)

(12,623

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(34,664

)

(4,944

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(34,764

)

(5,044

)

SHAREHOLDERS' FUNDS

(34,664

)

(4,944

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 director and authorised for issue on 28 October 2025 and were signed by:

N S Gibbs - Director

1.	STATUTORY INFORMATION

Industrial Controls and Automation 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.

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

Tangible fixed assets

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

Fixtures and fittings

-

20% on cost

Computer equipment

-

25% on cost

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 6 (2023 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 October 2023

888

37,154

18,279

56,321

Additions

129

-

-

129

At 30 September 2024

1,017

37,154

18,279

56,450

DEPRECIATION

At 1 October 2023

888

30,674

17,080

48,642

Charge for year

32

6,459

524

7,015

At 30 September 2024

920

37,133

17,604

55,657

NET BOOK VALUE

At 30 September 2024

97

21

675

793

At 30 September 2023

-

6,480

1,199

7,679

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.24

30.9.23

£

£

Trade debtors

178,955

125,813

Other debtors

2,500

2,500

181,455

128,313

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.24

30.9.23

£

£

Trade creditors

113,530

72,085

Tax

16,248

17,202

Social security and other taxes

3,298

484

VAT

27,636

16,757

Other creditors

7,229

9,641

Directors' current accounts

658

658

Accruals and deferred income

54,162

53,937

222,761

170,764