REGISTERED NUMBER: 03591438 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025

FOR

ICONOLOGY LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C A Farnfield

L Wilson

REGISTERED OFFICE:

Cassidys Ltd

South Stour Offices, South Stour Road

Mersham

Ashford

Kent

TN25 7HS

BUSINESS ADDRESS:

The Oak

Ashford Road

Newingreen

Hythe

Kent

CT21 4JB

REGISTERED NUMBER:

03591438 (England and Wales)

ACCOUNTANTS:

Cassidys Chartered Accountants

South Stour Offices

South Stour Road

Mersham

Ashford

Kent

TN25 7HS

FIXED ASSETS

Tangible assets

4

11,906

15,248

CURRENT ASSETS

Stocks

1,406

8,552

Debtors

5

429,082

351,649

Cash at bank

149,869

165,979

580,357

526,180

CREDITORS

Amounts falling due within one year

6

330,488

107,047

NET CURRENT ASSETS

249,869

419,133

TOTAL ASSETS LESS CURRENT LIABILITIES

261,775

434,381

PROVISIONS FOR LIABILITIES

2,878

2,897

NET ASSETS

258,897

431,484

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

257,897

430,484

258,897

431,484

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 23 April 2026 and were signed on its behalf by:

C A Farnfield - Director

L Wilson - Director

1.	STATUTORY INFORMATION

Iconology Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Plant and machinery etc

-

33% on cost, 25% on reducing balance and 15% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 10 (2024 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 August 2024

64,262

Additions

4,512

Disposals

(18,588

)

At 31 July 2025

50,186

DEPRECIATION

At 1 August 2024

49,014

Charge for year

6,806

Eliminated on disposal

(17,540

)

At 31 July 2025

38,280

NET BOOK VALUE

At 31 July 2025

11,906

At 31 July 2024

15,248

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Trade debtors

60,857

58,499

Amounts owed by group undertakings

352,728

246,302

Other debtors

15,497

46,848

429,082

351,649

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Bank loans and overdrafts

-

30

Trade creditors

58,743

50,571

Taxation and social security

44,086

26,177

Other creditors

227,659

30,269

330,488

107,047

7.	RELATED PARTY DISCLOSURES

Octobit Limited - a company controlled by C Farnfield (Director)

As at the balance sheet date, the company was owed £264,546 (2024 - £246,302).

Palaqui Limited - a company controlled by L Wilson (Director)

As at the balance sheet date, the company was owed £88,182 (2024 - £0).

8.	ULTIMATE CONTROLLING PARTY

The controlling party is Octobit Limited.

The ultimate controlling party is C A Farnfield.