REGISTERED NUMBER: 08756436 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 May 2026

for

ICFDS Global Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr R J G Lowe

Mr F J Lowe

SECRETARY:

Mr M Bennett

REGISTERED OFFICE:

Cumnor Road Wootton

Boars Hill

Oxford

Oxfordshire

OX1 5JW

REGISTERED NUMBER:

08756436 (England and Wales)

ACCOUNTANTS:

Lane Monnington Welton

Chartered Accountants

Riverside View

Basing Road

Old Basing

Basingstoke

Hampshire

RG24 7AL

FIXED ASSETS

Intangible assets

4

-

369

Tangible assets

5

10,980

-

10,980

369

CURRENT ASSETS

Debtors

6

9,002

6,529

Cash at bank

35,739

34,117

44,741

40,646

CREDITORS

Amounts falling due within one year

7

184,404

201,517

NET CURRENT LIABILITIES

(139,663

)

(160,871

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(128,683

)

(160,502

)

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

(128,783

)

(160,602

)

SHAREHOLDERS' FUNDS

(128,683

)

(160,502

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 October 2026 and were signed on its behalf by:

Mr F J Lowe - Director

1.	STATUTORY INFORMATION

ICFDS Global 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.

The ability of the company to continue trading is dependant on the continued support of the directors and they consider it appropriate to prepare the financial statements on the going concern basis.

Change in reporting period

The comparative period of the financial statements covers the period 1 November 2024 to 31 May 2025 and hence the comparative amounts presented in the financial statements (including the related notes) are therefore not entirely comparable. The accounting reference date has been changed to align with other group entities.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of ten years.

Tangible fixed assets

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

Computer equipment

-

20% on cost

Financial instruments

Debtors and creditors payable/receivable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Loans and borrowings

Loans and borrowings are initially recognised at the transaction price, including transaction costs. Subsequently they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.

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 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, adjusted for indexation where applicable.

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.

Impairment

Assets not measured at fair value are reviewed for any indication that an asset may be impaired at each balance sheet date. The directors review the carrying amount of the relevant assets and compare them to their market values and recoverable amounts. Where the carrying amount exceeds this, an impairment loss is recognised in profit or loss, unless the asset is carried at a revalued amount, where the impairment loss is a revaluation decrease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Patents

and

licences

£

COST

At 1 June 2025

and 31 May 2026

8,858

AMORTISATION

At 1 June 2025

8,489

Amortisation for year

369

At 31 May 2026

8,858

NET BOOK VALUE

At 31 May 2026

-

At 31 May 2025

369

5.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 June 2025

55,300

Additions

12,025

At 31 May 2026

67,325

DEPRECIATION

At 1 June 2025

55,300

Charge for year

1,045

At 31 May 2026

56,345

NET BOOK VALUE

At 31 May 2026

10,980

At 31 May 2025

-

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.26

31.5.25

£

£

Trade debtors

3,244

5,244

Amounts owed by group undertakings

1,050

1,050

Other debtors

4,708

235

9,002

6,529

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.26

31.5.25

£

£

Trade creditors

13,354

2,939

Other creditors

171,050

198,578

184,404

201,517

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.26

31.5.25

value:

£

£

10,000

Ordinary

£0.01

100

100

9.	PARENT COMPANY

The parent company is Scarabus Trading Limited and the company registered office address is Cumnor Road, Wootton, Boars Hill, Oxford, OX1 5JW.