REGISTERED NUMBER: 14214365 (England and Wales)

Financial Statements

for the Year Ended 28 February 2026

for

ITCSH Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

C G Potts

L Potts

REGISTERED OFFICE:

9 Merchant Court

Monkton Business Park South

Hebburn

United Kingdom

NE31 2EX

REGISTERED NUMBER:

14214365 (England and Wales)

SENIOR STATUTORY AUDITOR:

Kevin Shotton BA BFP FCA

AUDITORS:

Clive Owen LLP

Chartered Accountants & Statutory Auditors

140 Coniscliffe Road

DARLINGTON

Co Durham

DL3 7RT

FIXED ASSETS

Tangible assets

4

608,134

613,917

Investments

5

3,500,000

3,500,000

4,108,134

4,113,917

CURRENT ASSETS

Debtors

6

47,214

59,521

Cash at bank

57,364

46,605

104,578

106,126

CREDITORS

Amounts falling due within one year

7

(19,078

)

(46,729

)

NET CURRENT ASSETS

85,500

59,397

TOTAL ASSETS LESS CURRENT LIABILITIES

4,193,634

4,173,314

CAPITAL AND RESERVES

Called up share capital

9

3,500,000

3,500,000

Retained earnings

693,634

673,314

SHAREHOLDERS' FUNDS

4,193,634

4,173,314

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 July 2026 and were signed on its behalf by:

C G Potts - Director

1.	STATUTORY INFORMATION

ITCSH Limited 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.

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.

There were no material departures from that standard.

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.

Preparation of consolidated financial statements

The financial statements contain information about ITCSH Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 400 of the Companies Act 2006 from the requirements to prepare consolidated financial statements as it and its subsidiary undertaking are included by full consolidation in the consolidated financial statements of its parent, ITCGH Limited, 9 Merchant Court, Monkton Business Park South, Hebburn, United Kingdom, NE31 2EX.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Long leasehold

-

over period of the lease

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Financial instruments

Basic financial instruments are recognised at amortised cost with changes recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Investments

Investments in subsidiary undertakings are recognised at cost less provision for permanent diminution in value, if applicable.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2025 - NIL).

4.	TANGIBLE FIXED ASSETS

Long

leasehold

£

COST

At 1 March 2025

and 28 February 2026

625,000

DEPRECIATION

At 1 March 2025

11,083

Charge for year

5,783

At 28 February 2026

16,866

NET BOOK VALUE

At 28 February 2026

608,134

At 28 February 2025

613,917

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 March 2025

and 28 February 2026

3,500,000

NET BOOK VALUE

At 28 February 2026

3,500,000

At 28 February 2025

3,500,000

The company's investments at the Balance Sheet date in the share capital of companies include the following:

ITC Services Limited

Registered office: 9 Merchant Court, Monkton Business Park South, Hebburn, United Kingdom, NE31 2EX

Nature of business: IT company

%

Class of shares:

holding

Ordinary

100.00

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Amounts owed by group undertakings

47,214

59,521

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Taxation and social security

13,069

43,929

Accruals and deferred income

6,009

2,800

19,078

46,729

8.	SECURED DEBTS

The company has guaranteed the fixed and floating charge over the assets of the company facility provided to its parent company, ITCGH Limited. At the reporting date the amount outstanding under that facility, being the maximum potential liability of the company under the guarantee, was £4,841,868. No provision has been made as the directors do not consider it probable that a payment will be required under the guarantee.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

3,500,000

Ordinary

£1

3,500,000

3,500,000

10.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Kevin Shotton BA BFP FCA (Senior Statutory Auditor)

for and on behalf of Clive Owen LLP

11.	ULTIMATE CONTROLLING PARTY

ITCSH Limited is a wholly owned subsidiary of ITCGH Limited, a company registered in England. The registered office of ITCGH Limited is 9 Merchant Court, Monkton Business Park South, Hebburn, England, NE31 2EX, which is also the company's principal place of business.