Company Registration No. 15180589 (England and Wales)
I&c Memorials Ltd
Unaudited accounts
for the year ended 31 December 2025
I&c Memorials Ltd
Unaudited accounts
Contents
I&c Memorials Ltd
Company Information
for the year ended 31 December 2025
Company Number
15180589 (England and Wales)
Registered Office
The Workshop 1a
Keston Road
London
N17 6PJ
United Kingdom
Accountants
DNG Associates
214 Baker Street
Enfield
EN1 3JY
I&c Memorials Ltd
Statement of financial position
as at 31 December 2025
Tangible assets
43,052
25,079
Cash at bank and in hand
13,054
12,982
Creditors: amounts falling due within one year
(76,613)
(54,765)
Net current liabilities
(43,309)
(28,433)
Total assets less current liabilities
(257)
(3,354)
Creditors: amounts falling due after more than one year
(23,415)
(21,683)
Net liabilities
(23,672)
(25,037)
Called up share capital
1
1
Profit and loss account
(23,673)
(25,038)
Shareholders' funds
(23,672)
(25,037)
For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 7 September 2026 and were signed on its behalf by
Murat POLAT
Director
Company Registration No. 15180589
I&c Memorials Ltd
Notes to the Accounts
for the year ended 31 December 2025
I&c Memorials Ltd is a private company, limited by shares, registered in England and Wales, registration number 15180589. The registered office is The Workshop 1a, Keston Road, London, N17 6PJ, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. 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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
18% - reducing balance method
Plant & machinery
18% - reducing balance method
Motor vehicles
20% - reducing balance method
Fixtures & fittings
18% - reducing balance method
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
These accounts have been prepared on the going concern basis, on the understanding that the directors and shareholders will continue to financially support the company during this uncertain period.
I&c Memorials Ltd
Notes to the Accounts
for the year ended 31 December 2025
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 January 2025
1,718
5,351
23,450
637
31,156
Additions
-
3,462
23,950
1,054
28,466
At 31 December 2025
1,718
8,813
47,400
1,691
59,622
At 1 January 2025
309
963
4,690
115
6,077
Charge for the year
254
1,413
8,542
284
10,493
At 31 December 2025
563
2,376
13,232
399
16,570
At 31 December 2025
1,155
6,437
34,168
1,292
43,052
At 31 December 2024
1,409
4,388
18,760
522
25,079
5
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
8,052
-
Trade creditors
63,274
33,449
Taxes and social security
(782)
114
Other creditors
652
13,769
6
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
23,415
21,683
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
8
Transactions with related parties
Included within other creditors is an amount of £652 (2024: £13,769) due to the director of the company. There are no terms as to interest or repayment in respect of this balance.
9
Average number of employees
During the year the average number of employees was 2 (2024: 3).