ICS (Hygiene) Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 05707335 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2017

FOR

ICS (HYGIENE) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

P Newman

REGISTERED OFFICE:

Churchill House

120 Bunns Lane

Mill Hill

NW7 2AS

REGISTERED NUMBER:

05707335 (England and Wales)

ACCOUNTANTS:

J.D. Bregman & Co Limited

Churchill House

120 Bunns Lane

Mill Hill

NW7 2AS

FIXED ASSETS

Tangible assets

4

9,968

6,493

CURRENT ASSETS

Debtors

5

40,710

27,240

Cash at bank

71,603

62,091

112,313

89,331

CREDITORS

Amounts falling due within one year

6

29,377

34,752

NET CURRENT ASSETS

82,936

54,579

TOTAL ASSETS LESS CURRENT LIABILITIES

92,904

61,072

PROVISIONS FOR LIABILITIES

1,592

-

NET ASSETS

91,312

61,072

CAPITAL AND RESERVES

Called up share capital

7

2

2

Retained earnings

91,310

61,070

SHAREHOLDERS' FUNDS

91,312

61,072

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director on 7 December 2017 and were signed by:

P Newman - Director

1.	STATUTORY INFORMATION

ICS (Hygiene) 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The prior year financial statements were restated for material adjustments on adoption of FRS 102 in the current

year. There were no material adjustments on transition to FRS 102, 1 April 2015.

Significant judgements and estimates

The preparation of the financial statements requires management to make judgements, estimates and assumptions

that affect the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for

revenues and expenses during the year. However, the nature of estimation means that actual outcomes could

differ from those estimates. Judgements in respect of accruals has had the most significant effects on amounts

recognised in 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.

Plant and machinery etc

-

25% on reducing balance and 20% on reducing balance

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.

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 profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2016 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2016

20,634

Additions

6,333

At 31 March 2017

26,967

DEPRECIATION

At 1 April 2016

14,141

Charge for year

2,858

At 31 March 2017

16,999

NET BOOK VALUE

At 31 March 2017

9,968

At 31 March 2016

6,493

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Trade debtors

40,710

27,240

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Hire purchase contracts

-

28

Trade creditors

1,246

1,084

Taxation and social security

24,372

30,225

Other creditors

3,759

3,415

29,377

34,752

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.17

31.3.16

value:

£

£

2

Ordinary

1

2

2

8.	RELATED PARTY DISCLOSURES

9.	ULTIMATE CONTROLLING PARTY

The controlling party is P Newman.