Isca Limited - Accounts to registrar (filleted) - small 18.2

Isca Limited - Accounts to registrar (filleted) - small 18.2

ISCA LIMITED - Company Information

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REGISTERED NUMBER: 01605416 (England and Wales)






















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH SEPTEMBER 2018

FOR

ISCA LIMITED
ISCA LIMITED (REGISTERED NUMBER: 01605416)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH SEPTEMBER 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 5

ISCA LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH SEPTEMBER 2018







DIRECTORS: R E A Woods
Mrs K J Wise
L. T. B Liddle





SECRETARY: Mrs K J Wise





REGISTERED OFFICE: 83 Cambridge Street
Pimlico
London
SW1 V 4PS





REGISTERED NUMBER: 01605416 (England and Wales)





ACCOUNTANTS: George Hay & Company
Chartered Accountants
83 Cambridge Street
London
SW1V 4PS
Page 1
ISCA LIMITED (REGISTERED NUMBER: 01605416)

BALANCE SHEET
30TH SEPTEMBER 2018

2018 2017
Notes £    £   
CURRENT ASSETS
Debtors 5 93,499 38,323
Cash at bank 214,444 387,570
307,943 425,893
CREDITORS
Amounts falling due within one year 6 (306,305 ) (424,255 )
NET CURRENT ASSETS 1,638 1,638
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,638
1,638

CAPITAL AND RESERVES
Called up share capital 101 101
Retained earnings 1,537 1,537
SHAREHOLDERS' FUNDS 1,638 1,638

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 2018 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 of Part 15 of the Companies Act 2006 relating to small companies.

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

The financial statements were approved by the Board of Directors on 7th June 2019 and were signed on its behalf by:





R E A Woods - Director


The notes form part of these financial statements

Page 2
ISCA LIMITED (REGISTERED NUMBER: 01605416)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH SEPTEMBER 2018

1. STATUTORY INFORMATION

Isca 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


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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% straight line

Financial instruments
The company only enters into basic financial instrument transactions that result in the recognition of financial
assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and
investments in non-puttable ordinary shares.
Financial assets that are measured at cost and amortised costs are assessed at the end of each reporting period for
objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised
in profit and loss.
Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an
enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise
the asset and settle the liability simultaneously.

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2017 - 4 ) .

Page 3 continued...
ISCA LIMITED (REGISTERED NUMBER: 01605416)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH SEPTEMBER 2018

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1st October 2017
and 30th September 2018 7,430
DEPRECIATION
At 1st October 2017
and 30th September 2018 7,430
NET BOOK VALUE
At 30th September 2018 -
At 30th September 2017 -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Other debtors 5,535 -
VAT 7,573 -
Prepayments and accrued income 80,391 38,323
93,499 38,323

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Tax 64,000 81,500
Social security and other taxes 1,213 2,457
VAT - 2,955
Other creditors - 4,207
Directors' current accounts 218,031 202,628
Accrued expenses 5,000 130,508
Deferred income 18,061 -
306,305 424,255

7. ULTIMATE CONTROLLING PARTY

The controlling party is R E A Woods.

Page 4
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
ISCA LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual
unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file
a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the
Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
financial statements of Isca Limited for the year ended 30th September 2018 which comprise the Statement of Income
and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from
information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Isca Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Isca Limited and state those matters that we have agreed to state to the Board of Directors of Isca Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Isca Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Isca Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Isca Limited. You consider that Isca Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Isca Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






George Hay & Company
Chartered Accountants
83 Cambridge Street
London
SW1V 4PS


7th June 2019

This page does not form part of the statutory financial statements

Page 5