Company Registration No. 01544826 (England and Wales)
Iconlynn Limited
Unaudited accounts
for the year ended 31 March 2022
Iconlynn Limited
Unaudited accounts
Contents
Iconlynn Limited
Company Information
for the year ended 31 March 2022
Directors
Sir Andrew Cunynghame Bt. FCA
J P Cunynghame
A J A Cunynghame
A D M Cunynghame
Secretary
Sir Andrew Cunynghame Bt. FCA
Company Number
01544826 (England and Wales)
Registered Office
12 Vicarage Gardens
London
W8 4AH
Iconlynn Limited
Statement of financial position
as at
31 March 2022
Investments
3,232,059
2,919,379
Cash at bank and in hand
101,700
149,229
Creditors: amounts falling due within one year
(25,314)
(19,395)
Net current assets
76,413
129,834
Total assets less current liabilities
3,308,472
3,049,213
Provisions for liabilities
Deferred tax
(160,188)
(142,456)
Net assets
3,148,284
2,906,757
Called up share capital
100,000
100,000
Share premium
193,950
193,950
Profit and loss account
2,854,334
2,612,807
Shareholders' funds
3,148,284
2,906,757
For the year ending 31 March 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 21 September 2022 and were signed on its behalf by
Sir Andrew Cunynghame Bt. FCA
Director
Company Registration No. 01544826
Iconlynn Limited
Notes to the Accounts
for the year ended 31 March 2022
Iconlynn Limited is a private company, limited by shares, registered in England and Wales, registration number 01544826. The registered office is 12 Vicarage Gardens , London, W8 4AH.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
4
Tangible fixed assets
Fixtures & fittings
Cost or valuation
At cost
Iconlynn Limited
Notes to the Accounts
for the year ended 31 March 2022
5
Investments
Other investments
Valuation at 1 April 2021
2,919,379
Fair value adjustments
131,674
Valuation at 31 March 2022
3,232,059
6
Debtors: amounts falling due within one year
2022
2021
7
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
18,074
12,251
Loans from directors
5,965
5,761
8
Share capital
2022
2021
Allotted, called up and fully paid:
100,000 Ordinary shares of £1 each
100,000
100,000
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Sir Andrew Cunynghame Bt. FCA
10
Average number of employees
During the year the average number of employees was 4 (2021: 4).