Company registration number 14686134 (England and Wales)
ICI (ACTON) LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2025
PAGES FOR FILING WITH REGISTRAR
ICI (ACTON) LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
ICI (ACTON) LIMITED
BALANCE SHEET
AS AT
31 MAY 2025
31 May 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Investment property
3
-
0
1,802,916
Current assets
Debtors
4
-
0
31,929
Creditors: amounts falling due within one year
5
(165,236)
(457,069)
Net current liabilities
(165,236)
(425,140)
Total assets less current liabilities
(165,236)
1,377,776
Creditors: amounts falling due after more than one year
6
-
0
(1,478,016)
Net liabilities
(165,236)
(100,240)
Capital and reserves
Called up share capital
7
100
100
Profit and loss reserves
(165,336)
(100,340)
Total equity
(165,236)
(100,240)

For the financial year ended 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 13 May 2026
Mr Ayal Hayes
Director
Company registration number 14686134 (England and Wales)
ICI (ACTON) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2025
- 2 -
1
Accounting policies
Company information

ICI (Acton) Limited is a private company limited by shares incorporated in England and Wales. The registered office is Suite 185, 15 Ingestre Place, London, W1F 0JH.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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 financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

The company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by the FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland”:

- The requirements of section 33 Related party disclosures paragraph 33.1A

1.2
Going concern

The financial statements have been prepared on a going concern basis even though at the balance sheet date the company's liabilities exceeded its assets by £165,236 (2024: £100,240).

The director considers the going concern basis to be appropriate because, in his opinion, the company will continue to obtain sufficient funding from its shareholders to enable it to pay its debts as they fall due.

1.3
Turnover

Turnover represents rents receivable in the period. Income is recognised in the period to which it relates.

1.4
Investment property

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value a t the reporting end date. Changes in fair value are recognised in profit or loss.

1.5
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors a re initially measured at transaction price including transaction costs Financial assets classified as receivable within one year are not amortised.

ICI (ACTON) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2025
1
Accounting policies
(Continued)
- 3 -
Basic financial liabilities

Basic financial liabilities, including creditors, bank loans and loans from fellow group companies are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts d iscounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

1.6
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
1
1
3
Investment property
2025
£
Fair value
At 1 June 2024
1,802,916
Disposals
(1,802,916)
At 31 May 2025
-
0
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Other debtors
-
0
31,929
5
Creditors: amounts falling due within one year
2025
2024
£
£
Amounts owed to group undertakings
162,553
433,214
Other creditors
2,683
23,855
165,236
457,069
ICI (ACTON) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2025
- 4 -
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans and overdrafts
-
0
1,478,016

The loan was fully paid within the year.

7
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
100
100
100
100
8
Parent company

The company's ultimate parent company is Isthmus Capital Investments Limited whose registered office is Suite 185 15 Ingestre Place, London, England, W1F 0JH.

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