AYAAN ICES LTD - Accounts

AYAAN ICES LTD
Contents Page
For the year ended 31 May 2025

Accountants' report	1
Statement of financial position	2
Notes to the financial statements	3

AYAAN ICES LTD Accountants' Report For the year ended 31 May 2025
Accountant’s report You consider that the company is exempt from an audit for the year ended 31 May 2025 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year. In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us. We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts. Sovereign Accountants 31 May 2025 .................................................... Sovereign Accountants 6 Bleinheim Court Peppercorn Close Peterborough PE1 2DU 23 May 2026 1

AYAAN ICES LTD
Accountants' Report
For the year ended 31 May 2025

Accountant’s report
You consider that the company is exempt from an audit for the year ended 31 May 2025 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
Sovereign Accountants
31 May 2025

....................................................

Sovereign Accountants
6 Bleinheim Court
Peppercorn Close
Peterborough
PE1 2DU
23 May 2026

1

AYAAN ICES LTD
Statement of Financial Position
As at 31 May 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	185,679	163,435
		185,679	163,435
Current assets
Stocks		186,590	180,500
Cash at bank and in hand		25,984	16,290
		212,574	196,790
Creditors: amount falling due within one year		(167,716)	(106,770)
Net current assets		44,858	90,020

Total assets less current liabilities		230,537	253,455
Creditors: amount falling due after more than one year		(280,043)	(313,311)
Net assets		(49,506)	(59,856)

Capital and reserves
Profit and loss account		(49,506)	(59,856)
Shareholders' funds		(49,506)	(59,856)

For the 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.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 23 May 2026 and were signed on its behalf by:

-------------------------------
Ghulam Abbas
Director

2

AYAAN ICES LTD
Notes to the Abridged Financial Statements
For the year ended 31 May 2025

General Information

AYAAN ICES LTD is a private company, limited by shares, registered in England and Wales, registration number 08533690, registration address Unit 29 Mancetter Square, Werrington, Peterborough, PE4 6BX.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery	10% Reducing Balance
Motor Vehicles	10% Reducing Balance
Fixtures and Fittings	10% Reducing Balance
Computer Equipment	10% Reducing Balance

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2.	Average number of employees Average number of employees during the year was 8 (2024 : 10).

3.

Tangible fixed assets

Cost or valuation	Plant and Machinery	Motor Vehicles	Fixtures and Fittings	Computer Equipment	Total
	£	£	£	£	£
At 01 June 2024	41,000	287,645	4,007	1,465	334,117
Additions	-	38,587	-	-	38,587
Disposals	-	-	-	-	-
At 31 May 2025	41,000	326,232	4,007	1,465	372,704
Depreciation
At 01 June 2024	28,909	139,590	1,741	442	170,682
Charge for year	1,209	14,805	227	102	16,343
On disposals	-	-	-	-	-
At 31 May 2025	30,118	154,395	1,968	544	187,025
Net book values
Closing balance as at 31 May 2025	10,882	171,837	2,039	921	185,679
Opening balance as at 01 June 2024	12,091	148,055	2,266	1,023	163,435

4.

Share Capital

Allotted, called up and fully paid	2025 £		2024 £
100 Class A shares of £1.00 each	100		100
	100		100

3

Registered Number: 08533690
England and Wales
AYAAN ICES LTD

Abridged Accounts

Period of accounts Start date: 01 June 2024 End date: 31 May 2025