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Company Registration No. 10213228 (England and Wales)
Icefog Limited Unaudited accounts for the year ended 31 December 2025
Icefog Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Icefog Limited Company Information for the year ended 31 December 2025
Directors
Arnaud de Canteloube de Marmiés Yuliya Tarasenka
Company Number
10213228 (England and Wales)
Registered Office
10th Floor 240 Blackfriars Road London SE1 8NW UNITED KINGDOM
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Icefog Limited Statement of financial position as at 31 December 2025
2025
2024
Notes
£
£
Fixed assets
Investments
4
482,690
506,127
Current assets
Debtors
5
189,114
169,972
Cash at bank and in hand
19,337
38,422
208,451
208,394
Creditors: amounts falling due within one year
6
(32,524)
(26,151)
Net current assets
175,927
182,243
Net assets
658,617
688,370
Capital and reserves
Called up share capital
288
288
Share premium
472,942
472,942
Profit and loss account
185,387
215,140
Shareholders' funds
658,617
688,370
For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. 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 for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 3 March 2026 and were signed on its behalf by
Yuliya Tarasenka Director Company Registration No. 10213228
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Icefog Limited Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
Icefog Limited is a private company, limited by shares, registered in England and Wales, registration number 10213228. The registered office is 10th Floor, 240 Blackfriars Road, London, SE1 8NW, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Investments
Investments in subsidiaries are included at cost less impairment. Investments in associates are included at cost less impairment. Financial statements are separate financial statements. Investments in ordinary shares or preference shares of other entities, which are not subsidiaries, are measured at fair value, unless fair value cannot be measured reliably.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Icefog Limited Notes to the Accounts for the year ended 31 December 2025
4
Investments
Subsidiary undertakings
Other investments
Total
£
£
£
Valuation at 1 January 2025
158,840
347,287
506,127
Fair value adjustments
-
(23,437)
(23,437)
Valuation at 31 December 2025
158,840
323,850
482,690
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
38,234
29,017
Amounts due from group undertakings etc.
113,551
109,485
Deferred tax asset
37,329
31,470
189,114
169,972
6
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
31,885
25,824
Loans from directors
639
327
32,524
26,151
7
Deferred taxation
2025
2024
£
£
Other deferred taxation
(37,329)
(31,470)
2025
2024
£
£
Provision at start of year
(31,470)
-
Credited to the profit and loss account
(5,859)
(31,470)
Provision at end of year
(37,329)
(31,470)
8
Pension commitments
The company operates a defined contribution pension scheme for its employees. The assets of the scheme are held separately from those of the company in an independently administered fund. At the balance sheet date, unpaid contributions of £NIL (2024: £NIL) were due to the fund.
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Icefog Limited Notes to the Accounts for the year ended 31 December 2025
9
Transactions with related parties
Finorama Technology Limited ("Finorama") The company owns 37% of the issued share capital of Finorama. At 31 December 2025 the company was owed £34,449 (2024: £29,449) from Finorama. A loan is interest free and repayable on demand. A provision for impairement loss of £29,449 was made against this loan. Admio Capital Ltd The company owns 100% of the issued share capital of Admio Capital Ltd. At 31 December 2025, amounts due from group undertaking include an unsecured and interest free loan of £191,907 (2024: £192,841) owed to the company by Admio Ltd. The loan is repayable on demand. A provision for impairment of £83,356 was recognised against this balance in 2023.
10
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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