REGISTERED NUMBER: 01733538 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

FOR

INTER CARGO EXPRESS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr M T Fernandez

Mr A G MacFarlane

Mr A C Hamley

SECRETARY:

Mr A G MacFarlane

REGISTERED OFFICE:

28b Gloucester Street

Coventry

West Midlands

CV1 3BZ

REGISTERED NUMBER:

01733538 (England and Wales)

ACCOUNTANTS:

Pentlands Accountants and advisors Ltd

Chartered Certified Accountants

and Registered Auditors

3 & 4 Pegasus House

Pegasus Court

Olympus Avenue

Warwick

Warwickshire

CV34 6LW

FIXED ASSETS

Tangible assets

4

3,391

4,611

CURRENT ASSETS

Debtors

5

270,892

223,564

Cash at bank and in hand

298,954

228,435

569,846

451,999

CREDITORS

Amounts falling due within one year

6

367,805

282,889

NET CURRENT ASSETS

202,041

169,110

TOTAL ASSETS LESS CURRENT LIABILITIES

205,432

173,721

PROVISIONS FOR LIABILITIES

848

1,153

NET ASSETS

204,584

172,568

CAPITAL AND RESERVES

Called up share capital

100

100

Other reserves

200

200

Retained earnings

204,284

172,268

SHAREHOLDERS' FUNDS

204,584

172,568

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 8 December 2025 and were signed on its behalf by:

Mr A G MacFarlane - Director

1.	STATUTORY INFORMATION

Inter Cargo Express 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.

Computer Software

-

33% on cost

Fixtures and fittings

-

10% on reducing balance

Computer equipment

-

33% 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

Computer

and

Computer

Software

fittings

equipment

Totals

£

£

£

£

COST

At 1 August 2024

and 31 July 2025

4,999

3,424

6,028

14,451

DEPRECIATION

At 1 August 2024

4,999

893

3,948

9,840

Charge for year

-

253

967

1,220

At 31 July 2025

4,999

1,146

4,915

11,060

NET BOOK VALUE

At 31 July 2025

-

2,278

1,113

3,391

At 31 July 2024

-

2,531

2,080

4,611

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

268,138

220,997

Other debtors

2,754

2,567

270,892

223,564

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

329,820

245,004

Taxation and social security

36,545

36,505

Other creditors

1,440

1,380

367,805

282,889

7.	ULTIMATE CONTROLLING PARTY

The Company was controlled throughout the period by its Directors.