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Registered number: 16265593
Icy Lee Properties Ltd
Unaudited Financial Statements
For the Period 20 February 2025 to 28 February 2026
Calculated Ltd
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 16265593
28 February 2026
Notes £ £
FIXED ASSETS
Investment Properties 4 231,341
231,341
CURRENT ASSETS
Debtors 5 544
Cash at bank and in hand 813
1,357
NET CURRENT ASSETS (LIABILITIES) 1,357
TOTAL ASSETS LESS CURRENT LIABILITIES 232,698
Creditors: Amounts Falling Due After More Than One Year 6 (236,990 )
NET LIABILITIES (4,292 )
CAPITAL AND RESERVES
Called up share capital 7 1
Profit and Loss Account (4,293 )
SHAREHOLDERS' FUNDS (4,292)
For the period ending 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Ms Stephanie Ingleton
Director
02/10/2026
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Icy Lee Properties Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 16265593 . The registered office is Flat 4, Egret House, 3 Tawny Way, London, SE16 2NJ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 1
1
4. Investment Property
28 February 2026
£
Fair Value
As at 20 February 2025 -
Additions 231,341
As at 28 February 2026 231,341
5. Debtors
28 February 2026
£
Due within one year
Other debtors 544
Page 2
Page 3
6. Creditors: Amounts Falling Due After More Than One Year
28 February 2026
£
Bank loans 164,858
Other creditors 72,132
236,990
7. Share Capital
28 February 2026
£
Allotted, Called up and fully paid 1
8. Related Party Transactions
Directors & Shareholders
Stephanie Ingleton
The directors and shareholders have provided the company with unsecured loans. The combined balance of the loans at the year end was £72132. There is no interest charged on the loan and this is repayable on demand
9. Ultimate Controlling Party
The company's ultimate controlling party is Stephanie Ingleton by virtue of his ownership of 100% of the issued share capital in the company.
Page 3