ACCOUNTS - Final Accounts preparation

Creditors: Amounts falling due within one year

As restated

Company registration number: 08383291

	UNAUDITED FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 JANUARY 2026

	ICEBLOCK LIMITED


ICEBLOCK LIMITED

COMPANY INFORMATION

Directors	M Harniman
	S Harniman


Registered number	08383291


Registered office	Unit B
	Mindenhall Court
	Stevenage
	Hertfordshire
	SG1 3UN


Accountants	Menzies LLP
	Chartered Accountants
	Richmond House
	Walkern Road
	Stevenage
	Hertfordshire
	SG1 3QP


ICEBLOCK LIMITED

CONTENTS

	Page
Statement of financial position	1 - 2
Notes to the financial statements	3 - 6


ICEBLOCK LIMITED REGISTERED NUMBER:08383291

STATEMENT OF FINANCIAL POSITION

AS AT 31 JANUARY 2026

		As restated
	2026	2025
Note	£	£

Fixed assets
Investment property	4		1,567,205		1,807,205
			1,567,205		1,807,205
Current assets
Debtors: amounts falling due within one year	5	7,599		1,072
Cash at bank and in hand		7,729		10,556
		15,328		11,628
Creditors: amounts falling due within one year	6	(40,886)		(61,119)
Net current liabilities			(25,558)		(49,491)
Total assets less current liabilities			1,541,647		1,757,714
Creditors: amounts falling due after more than one year	7		(232,655)		(552,859)
Provisions for liabilities
Deferred tax		(28,304)		(18,000)
			(28,304)		(18,000)
Net assets			1,280,688		1,186,855

Capital and reserves
Called up share capital	100	100
Investment property reserve	140,235	53,999
Profit and loss account	1,140,353	1,132,756
	1,280,688	1,186,855

Page 1


ICEBLOCK LIMITED REGISTERED NUMBER:08383291

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 JANUARY 2026

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

___________________________

M Harniman

Director

Date: 30 October 2026

The notes on pages 3 to 6 form part of these financial statements.

Page 2


ICEBLOCK LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

1.	General information

Iceblock Ltd 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

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

2.3

Rental Income

Rental income is recognised on a straight-line basis over the year in which the rental relates.

2.4

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.

Page 3


ICEBLOCK LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

2.Accounting policies (continued)

2.5

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:

∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

2.6

Investment property

Investment property is carried at fair value determined annually by the director 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. Changes in fair value are recognised in profit or loss.

2.7

Financial instruments

Financial instruments are recognised in the Company's Statement of financial position when the Company becomes party to the contractual provisions of the instrument.

Employees

The average monthly number of employees, including directors, during the year was 5 (2025 - 2).

Page 4


ICEBLOCK LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

4.	Investment property

		Freehold investment property
		£
	Valuation
	At 1 February 2025	1,807,205
	Disposals	(420,000)
	Surplus on revaluation	180,000
	At 31 January 2026	1,567,205

The 2026 valuations were made by the directors, based on current market rents and investment property yields for comparable real estate.

Debtors

						As restated
					2026	2025
					£	£


Trade debtors	3,539	1,072
Other debtors	4,060	-
	7,599	1,072

Bank loans	4,167	10,000
Trade creditors	2,162	963
Corporation tax	2,004	27,376
Other taxation and social security	3,972	739
Other creditors	26,381	19,841
Accruals and deferred income	2,200	2,200
	40,886	61,119

Page 5


ICEBLOCK LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

Bank loans	-	4,167
Other creditors	232,655	548,692
	232,655	552,859

8.	Prior year adjustment

During the current financial period, it was identified that a commercial property acquired as part of a wider property transaction in the prior period had been incorrectly recognised within the company’s fixed assets. As part of the original transaction, the property was acquired by the directors’ SIPP at its allocated cost. However, the funds attributable to the SIPP were inadvertently omitted when the completion statement was accounted for, resulting in the property being recognised as an asset of the company with a corresponding amount recorded within the director’s loan account. The error has been corrected retrospectively by removing the property from fixed assets and reversing the corresponding amount previously recognised within the director’s loan account. The comparative figures have been restated accordingly. The correction has no impact on the reported profit or loss for either the current or prior financial period.

Not later than 1 year	8,821	-
Later than 1 year and not later than 5 years	9,189	-
	18,010	-

Page 6