REGISTERED NUMBER: 07077056 (England and Wales)

THE INSTITUTE OF CIRCUIT TECHNOLOGY

LIMITED

Financial Statements

For The Year Ended 31 December 2025

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Ms E Hudson

A W Morgan

REGISTERED OFFICE:

Hilden Park House

79 Tonbridge Road

Hildenborough

Tonbridge

Kent

TN11 9BH

REGISTERED NUMBER:

07077056 (England and Wales)

AUDITORS:

Hilden Park Accountants Limited

Chartered Accountants

& Statutory Auditors

Hilden Park House

79 Tonbridge Road

Hildenborough

Tonbridge

Kent

TN11 9BH

FIXED ASSETS

Tangible assets

4

343

680

CURRENT ASSETS

Cash at bank

80,645

77,024

CREDITORS

Amounts falling due within one year

1,950

1,890

NET CURRENT ASSETS

78,695

75,134

TOTAL ASSETS LESS CURRENT LIABILITIES

79,038

75,814

RESERVES

Income and expenditure account

79,038

75,814

79,038

75,814

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

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 December 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

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

A W Morgan - Director

1.	STATUTORY INFORMATION

The Institute of Circuit Technology Limited is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Turnover

Turnover relates to annual membership and course income. The former is recognised over the period in which it relates and the latter is recognised once the course has taken place. Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes in relation to income from subscriptions.

Tangible fixed assets

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

Fixtures & fittings

-

33% straight line

Office equipment

-

33% straight line

Taxation

Taxation for the year comprises current tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2025

and 31 December 2025

3,114

DEPRECIATION

At 1 January 2025

2,434

Charge for year

337

At 31 December 2025

2,771

NET BOOK VALUE

At 31 December 2025

343

At 31 December 2024

680

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

The Report of the Auditors was unqualified.

Paul Chewter FCA (Senior Statutory Auditor)

for and on behalf of Hilden Park Accountants Limited

6.	ULTIMATE CONTROLLING PARTY

The institute is under the joint control of the board.