ACCOUNTS - Final Accounts preparation

Company registration number: 12240733

	UNAUDITED FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 MARCH 2025

	ICAS INVESTMENTS LTD


ICAS INVESTMENTS LTD

COMPANY INFORMATION

Directors	Mr A Castledine
	Mrs I Castledine-Quinton


Registered number	12240733


Registered office	Magna House
	18-32 London Road
	Staines-Upon-Thames
	TW18 4BP


Accountants	Menzies LLP
	Chartered Accountants
	Magna House
	18-32 London Road
	Staines-Upon-Thames
	TW18 4BP


ICAS INVESTMENTS LTD

CONTENTS

	Page
Statement of Financial Position	1
Notes to the Financial Statements	2 - 3


ICAS INVESTMENTS LTD REGISTERED NUMBER:12240733

STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 2025

		2025		2024
Note		£		£

Fixed assets
Investments	4		664,414		843,240
			664,414		843,240
Current assets
Debtors: amounts falling due within one year	5	-		2,879
		-		2,879
Creditors: amounts falling due within one year	6	(655,091)		(834,096)
Net current liabilities			(655,091)		(831,217)
Total assets less current liabilities			9,323		12,023

Net assets			9,323		12,023

Capital and reserves
Called up share capital	100	100
Profit and loss account	9,223	11,923
	9,323	12,023

The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

Mrs I Castledine-Quinton

Director

Date: 9 December 2025

The notes on pages 2 to 3 form part of these financial statements.

Page 1


ICAS INVESTMENTS LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1.	General information

ICas Investments Ltd is a private company limited by shares and incorporated in England and Wales. The address of the registered office is given in the company information page of these financial statements. The company has no principal place of business.
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Turnover

Turnover consists of returns on investments received during the year since the principal activity of the company is that of the management and holding of investments within managed funds.
Interest receivable from investments is included in the profit and loss account on an accruals basis. Dividend income is accounted for on a cash basis.
Gains and losses on disposal are included in the profit and loss account to the extent that they are realised. A transfer is made between the profit and loss and revaluation reserves for any revaluation relating to a previously revalued asset which has now been disposed of.

2.3

Interest income

Interest income is recognised in the Statement of Income and Retained Earnings using the effective interest method.

2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.5

Valuation of investments

Investments in listed company shares are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in profit or loss for the period.

2.6

Financial instruments

The company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Employees

The average monthly number of employees, including directors, during the year was 2 (2024 - 2)..

Page 2


ICAS INVESTMENTS LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

4.	Fixed asset investments

		Listed investments
		£
	Cost or valuation
	At 1 April 2024	843,240
	Disposals	(187,652)
	Revaluations	8,826
	At 31 March 2025	664,414

Debtors

					2025	2024
					£	£


Prepayments and accrued income	-	2,879
	-	2,879

6.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Other creditors	649,055	828,321
Accruals and deferred income	6,036	5,775
	655,091	834,096

7.	Transactions with directors

At the balance sheet date, the company owed the directors £649,055 (2024: £828,321). Interest is being accrued daily on this balance at the Bank of England base rate.

Page 3