Company Registration No. 04281398 (England and Wales)
IKOS INVESTMENTS LIMITED
Unaudited accounts
for the year ended 30 September 2017
IKOS INVESTMENTS LIMITED
Unaudited accounts
Contents
IKOS INVESTMENTS LIMITED
Company Information
for the year ended 30 September 2017
Director
John Harjinder Raiye
Company Number
04281398 (England and Wales)
Registered Office
BRANSTON COURT
BRANSTON STREET
BIRMINGHAM
WEST MIDLANDS
B18 6BA
Accountants
1st Choice Accountants Ltd
94 Grove Lane
Handsworth
Birmingham
B21 9HA
IKOS INVESTMENTS LIMITED
Statement of financial position
as at
30 September 2017
Intangible assets
401
401
Tangible assets
8,722
9,939
Cash at bank and in hand
33,277
34,964
Creditors: amounts falling due within one year
(28,490)
(34,010)
Net current assets
4,787
954
Called up share capital
100
100
Profit and loss account
13,810
11,194
Shareholders' funds
13,910
11,294
For the year ending 30 September 2017 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 director acknowledges his 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.
Approved by the Board on 22 May 2018.
John Harjinder Raiye
Director
Company Registration No. 04281398
IKOS INVESTMENTS LIMITED
Notes to the Accounts
for the year ended 30 September 2017
IKOS INVESTMENTS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 04281398. The registered office is BRANSTON COURT, BRANSTON STREET, BIRMINGHAM, WEST MIDLANDS, B18 6BA.
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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.
These financial statements for the year ended 30 September 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 October 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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:
Plant & machinery
15% O REDUCING BALANCE BASIS
Motor vehicles
25% O REDUCING BALANCE BASIS
Computer equipment
15% O REDUCING BALANCE BASIS
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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Intangible fixed assets
Goodwill
IKOS INVESTMENTS LIMITED
Notes to the Accounts
for the year ended 30 September 2017
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 October 2016
9,447
6,500
-
15,947
At 30 September 2017
9,447
6,500
896
16,843
At 1 October 2016
4,383
1,625
-
6,008
Charge for the year
760
1,219
134
2,113
At 30 September 2017
5,143
2,844
134
8,121
At 30 September 2017
4,304
3,656
762
8,722
At 30 September 2016
5,064
4,875
-
9,939
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Creditors: amounts falling due within one year
2017
2016
Trade creditors
25,104
31,127
Taxes and social security
2,386
1,883
Other creditors
1,000
1,000
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Average number of employees
During the year the average number of employees was 0 (2016: 0).