Ionian Limited - Limited company - abbreviated - 11.0.0
Ionian Limited - Limited company - abbreviated - 11.0.0
| REGISTERED NUMBER: |
| ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 30 APRIL 2014 |
| FOR |
| IONIAN LIMITED |
| IONIAN LIMITED (REGISTERED NUMBER: 01064457) |
| CONTENTS OF THE ABBREVIATED ACCOUNTS |
| for the Year Ended 30 April 2014 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 3 |
| Report of the Accountants | 4 |
| IONIAN LIMITED |
| COMPANY INFORMATION |
| for the Year Ended 30 April 2014 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| IONIAN LIMITED (REGISTERED NUMBER: 01064457) |
| ABBREVIATED BALANCE SHEET |
| 30 April 2014 |
| 2014 | 2013 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 2 |
| CURRENT ASSETS |
| Debtors |
| Investments |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 3 |
| Profit and loss account | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| 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 were approved by the Board of Directors on |
| IONIAN LIMITED (REGISTERED NUMBER: 01064457) |
| NOTES TO THE ABBREVIATED ACCOUNTS |
| for the Year Ended 30 April 2014 |
| 1. | ACCOUNTING POLICIES |
| Accounting convention |
| The financial statements have been prepared under the historical cost convention and in accordance with the |
| Financial Reporting Standard for Smaller Entities (effective April 2008). |
| Turnover |
| Turnover represents fees and other income receivable by the company, net of value added tax. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| Investments |
| Current asset investments are valued at the lower of cost and net realisable value. |
| Going concern |
| At the balance sheet date, the company's liabilities exceeded its assets. The directors and shareholders have |
| undertaken that they will continue to give financial support to the company for at least twelve months from the |
| date of signing these accounts. The Directors therefore consider it appropriate to prepare the accounts on a going |
| concern basis. |
| 2. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 May 2013 |
| and 30 April 2014 |
| DEPRECIATION |
| At 1 May 2013 |
| and 30 April 2014 |
| NET BOOK VALUE |
| At 30 April 2014 |
| At 30 April 2013 |
| 3. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2014 | 2013 |
| value: | £ | £ |
| Ordinary shares | £1 |
| IONIAN LIMITED |
| REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF |
| IONIAN LIMITED |
| The following reproduces the text of the report prepared for the directors in respect of the company's |
| annual unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages |
| two to three) have been prepared. |
| As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended |
| 30 April 2014 set out on pages one to six and you consider that the company is exempt from an audit. |
| In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to |
| fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us. |
| 23 January 2015 |