In-Comm (Holdings) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 04165781 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

IN-COMM (HOLDINGS) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

A Jones

R A Morgan

G J Jones

SECRETARY:

R A Morgan

REGISTERED OFFICE:

12 Vigo Place

Aldridge

West Midlands

WS9 8UG

REGISTERED NUMBER:

04165781 (England and Wales)

ACCOUNTANTS:

Crowe U.K. LLP

Black Country House

Rounds Green Road

Oldbury

West Midlands

B69 2DG

FIXED ASSETS

Tangible assets

4

95,717

98,733

Investments

5

2

95,719

98,735

CURRENT ASSETS

Debtors

6

49,535

36,009

Cash at bank

11,084

20,498

60,619

56,507

CREDITORS

Amounts falling due within one year

7

11,215

10,503

NET CURRENT ASSETS

49,404

46,004

TOTAL ASSETS LESS CURRENT
LIABILITIES

145,123

144,739

CREDITORS

Amounts falling due after more than one
year

8

82,555

93,259

NET ASSETS

62,568

51,480

CAPITAL AND RESERVES

Called up share capital

100

Share premium

246,913

Retained earnings

(184,445

)

(195,533

)

62,568

51,480

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 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 3 September 2026 and were signed on its behalf by:

R A Morgan - Director

1.	STATUTORY INFORMATION

In-Comm (Holdings) 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.

Tangible fixed assets

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

Freehold property

-

2% on cost

Government grants

Government grants are recognised when there is reasonable assurance that the conditions attached to the grant will be met and the grant will be received.

Grants are measured at the amount received or receivable. Grants relating to income are recognised in profit or loss on a systematic basis over the periods in which the related costs are recognised.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.

Going concern

The company has cash resources. The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. They continue to believe the going concern basis appropriate in preparing the annual financial statements.

Bank loans

Bank loans are recognised at the amount of proceeds received, net of directly attributable transaction costs.

Interest is recognised in profit or loss over the term of the loan in accordance with the terms of the borrowing.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Freehold

property

£

Cost

At 1 April 2025

and 31 March 2026

150,782

Depreciation

At 1 April 2025

52,049

Charge for year

3,016

At 31 March 2026

55,065

Net book value

At 31 March 2026

95,717

At 31 March 2025

98,733

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

Cost

At 1 April 2025

and 31 March 2026

2

Net book value

At 31 March 2026

2

At 31 March 2025

2

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Amounts owed by participating interests

49,535

36,009

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Bank loans

10,015

9,326

Accruals and deferred income

1,200

1,177

11,215

10,503

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

Bank loans - 1-5 years

40,061

37,304

Bank loans more 5 yr by instal

42,494

55,955

82,555

93,259

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

42,494

55,955

9.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

Bank loans

92,570

102,585

The bank loan is secured by a fixed and floating charge over the assets of the Company.

10.	RELATED PARTY DISCLOSURES

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.

As prescribed under FRS 102, Section 1A only material transactions that have not been concluded under normal market conditions are disclosed in these accounts, of which there are none.

11.	ULTIMATE CONTROLLING PARTY

The company's immediate parent undertaking is In-Comm Training and Business Services Limited and is the controlling party. There is no single ultimate controlling party of the group.