Insulated Construction Group Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 11735922 (England and Wales)

INSULATED CONSTRUCTION GROUP LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

Page

Company Information

1

Income Statement

2

Statement of Financial Position

3

Statement of Changes in Equity

4

Notes to the Financial Statements

5

to

7

DIRECTORS:

M Lippiatt

Mrs D L Nunn

REGISTERED OFFICE:

S And W House

Longhill Road

March

Cambs

PE15 0BL

REGISTERED NUMBER:

11735922 (England and Wales)

ACCOUNTANTS:

Duncan & Toplis Limited

4 Henley Way

Doddington Road

Lincoln

Lincolnshire

LN6 3QR

TURNOVER

1,983,952

3,200,786

Cost of sales

1,711,904

2,677,093

GROSS PROFIT

272,048

523,693

Administrative expenses

104,193

115,319

OPERATING PROFIT

167,855

408,374

Interest receivable and similar income

7,000

-

PROFIT BEFORE TAXATION

174,855

408,374

Tax on profit

44,029

104,001

PROFIT FOR THE FINANCIAL YEAR

130,826

304,373

FIXED ASSETS

Tangible assets

4

48,361

64,466

CURRENT ASSETS

Debtors

5

103,807

458,142

Cash at bank

436,451

166,672

540,258

624,814

CREDITORS

Amounts falling due within one year

6

33,602

165,089

NET CURRENT ASSETS

506,656

459,725

TOTAL ASSETS LESS CURRENT LIABILITIES

555,017

524,191

CAPITAL AND RESERVES

Called up share capital

7

100

Retained earnings

554,917

524,091

SHAREHOLDERS' FUNDS

555,017

524,191

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 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.

The financial statements were approved and authorised for issue by the Board of Directors and authorised for issue on 27 August 2026 and were signed on its behalf by:

Mrs D L Nunn - Director

Called up

share

Retained

Total

capital

earnings

equity

£

Balance at 1 January 2024

100

469,718

469,818

Changes in equity

Profit for the year

-

304,373

Total comprehensive income

-

304,373

Dividends

-

(250,000

)

(250,000

)

Balance at 31 December 2024

100

524,091

524,191

Changes in equity

Profit for the year

-

130,826

Total comprehensive income

-

130,826

Dividends

-

(100,000

)

(100,000

)

Balance at 31 December 2025

100

554,917

555,017

1.	STATUTORY INFORMATION

Insulated Construction Group 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.

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 is measured at the fair value of the consideration received or receivable net of VAT and trade discounts. The policies adopted for the recognition of turnover are as follows:

Construction contracts

When the outcome of a construction contract can be estimated reliably, contract costs and turnover are recognised by reference to the stage of completion at the balance sheet date.

Where the outcome cannot be measured reliably, contract costs are recognised as an expense in the period in which they are incurred and contract turnover is recognised to the extent of costs incurred that it is probable will be recoverable.

When it is probable that contract costs will exceed the total contract turnover, the expected loss is recognised as an expense immediately, with a corresponding provision

Tangible fixed assets

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

Plant and machinery etc

-

33% on cost and 25% on reducing balance

Tangible fixed assets are held at cost less depreciation.

Taxation

Taxation for the year comprises current and deferred 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 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the income statement on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the income statement in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2025

98,982

Additions

572

At 31 December 2025

99,554

DEPRECIATION

At 1 January 2025

34,516

Charge for year

16,677

At 31 December 2025

51,193

NET BOOK VALUE

At 31 December 2025

48,361

At 31 December 2024

64,466

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

44,677

403,654

Amounts owed by group undertakings

100

Amounts recoverable on contract

8,514

18,076

Other debtors

50,516

36,312

103,807

458,142

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade creditors

7,358

108,762

Taxation and social security

16,686

45,808

Other creditors

9,558

10,519

33,602

165,089

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

100

Ordinary

1

100