Company registration number: 12736592
Unaudited financial statements
for the year ended 31 December 2024
for
International Test Commission Ltd
(limited by guarantee)
Pages for filing with the Registrar
International Test Commission Ltd
(limited by guarantee)
Chartered Certified Accountants' Report to the Board of Directors for the preparation of
the unaudited financial statements
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of International Test Commission Ltd for the year ended 31 December 2024 which comprise the Income and expenditure account, Balance sheet and the notes to the financial statements from the company's accounting records and from information and explanations you have given us.
As a member firm of the Association of Chartered Certified Accountants (ACCA), we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.
This report is made solely to the Board of Directors of International Test Commission Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of International Test Commission Ltd and state those matters that we have agreed to state to them, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than International Test Commission Ltd and its Board of Directors, as a body, for our work, or for this report.
It is your duty to ensure that International Test Commission Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and deficit of International Test Commission Ltd. You consider that International Test Commission Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of International Test Commission Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Tax and Figures Ltd
The Courtyard
77-79 Marlowes
Hemel Hempstead
Hertfordshire
HP1 1LF
United Kingdom
Date: 10 December 2025
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Company registration number: 12736592
International Test Commission Ltd
(limited by guarantee)
Balance sheet
as at 31 December 2024
2024 2023
£ £ £ £
Current assets
Investments 200,464 199,967
Cash at bank and in hand 52,796 80,105
253,260 280,072
Creditors: amounts falling due within one
year 		(267) (2,031)
Net current assets 252,993 278,041
NET ASSETS 252,993 278,041
Reserves
Other reserves 219,561 219,561
Income and expenditure account 33,432 58,480
TOTAL RESERVES 252,993 278,041
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 December 2024.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 12736592
International Test Commission Ltd
(limited by guarantee)
Balance sheet - continued
as at 31 December 2024
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 and expenditure account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 10 December 2025 and signed on its behalf by:
Professor A Hubley, Director
10 December 2025
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International Test Commission Ltd
(limited by guarantee)
Notes to the financial statements
for the year ended 31 December 2024
1 Company information
International Test Commission Ltd is a private company registered in England and Wales. Its registered number is 12736592. The company is limited by guarantee. Its registered office is The Courtyard, 77-79 Marlowes, Hemel Hempstead, Hertfordshire, HP1 1LF.
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 historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Income and expenditure account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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.
3 Average number of employees
During the year the average number of employees was Nil (2023 - Nil).
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