i-CE Accelerator Limited

i-CE Accelerator Limited

I-CE ACCELERATOR LIMITED - Company Information

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1 July 2019 false No description of principal activity Taxfiler 2020.15 04465251business:PrivateLimitedCompanyLtd2019-07-012020-06-30 044652512019-06-30 044652512019-07-012020-06-30 04465251business:AuditExempt-NoAccountantsReport2019-07-012020-06-30 04465251business:FullAccounts2019-07-012020-06-30 044652512020-06-30 04465251business:Director12019-07-012020-06-30 04465251business:RegisteredOffice2019-07-012020-06-30 044652512019-06-30 04465251core:WithinOneYear2020-06-30 04465251core:WithinOneYear2019-06-30 04465251core:ShareCapital2020-06-30 04465251core:ShareCapital2019-06-30 04465251core:RetainedEarningsAccumulatedLosses2020-06-30 04465251core:RetainedEarningsAccumulatedLosses2019-06-30 04465251business:SmallEntities2019-07-012020-06-30 04465251countries:EnglandWales2019-07-012020-06-30 04465251core:PlantMachinery2019-07-012020-06-30 04465251core:PlantMachinery2019-06-30 04465251core:PlantMachinery2020-06-30 044652512018-07-012019-06-30 iso4217:GBP xbrli:pure
Company Registration No. 04465251 (England and Wales)
i-CE Accelerator Limited Unaudited accounts for the year ended 30 June 2020
i-CE Accelerator Limited Unaudited accounts Contents
Page
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i-CE Accelerator Limited Company Information for the year ended 30 June 2020
Director
J R B Warren
Company Number
04465251 (England and Wales)
Registered Office
26 CHRIST CHURCH MOUNT EPSOM SURREY Surrey KT19 8NB United Kingdom
Accountants
Dunnell Accounting Studio 20, Meantime Studios 14 Feathers Lane Greenwich London SE10 9NE
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i-CE Accelerator Limited Statement of financial position as at 30 June 2020
2020 
2019 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
4,147 
1,988 
Investments
5
28,100 
28,100 
32,247 
30,088 
Current assets
Debtors
6
15,893 
18,006 
Cash at bank and in hand
9,949 
10,559 
25,842 
28,565 
Creditors: amounts falling due within one year
7
1,220 
(34,227)
Net current assets/(liabilities)
27,062 
(5,662)
Net assets
59,309 
24,426 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
59,209 
24,326 
Shareholders' funds
59,309 
24,426 
For the year ending 30 June 2020 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.
The financial statements were approved by the Board and authorised for issue on 11 December 2020 and were signed on its behalf by
J R B Warren Director Company Registration No. 04465251
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i-CE Accelerator Limited Notes to the Accounts for the year ended 30 June 2020
1
Statutory information
i-CE Accelerator Limited is a private company, limited by shares, registered in England and Wales, registration number 04465251. The registered office is 26 CHRIST CHURCH MOUNT, EPSOM, SURREY, Surrey, KT19 8NB, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
25% reducing balance
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 July 2019
2,651 
Additions
2,833 
At 30 June 2020
5,484 
Depreciation
At 1 July 2019
663 
Charge for the year
674 
At 30 June 2020
1,337 
Net book value
At 30 June 2020
4,147 
At 30 June 2019
1,988 
5
Investments
Other investments 
£ 
Valuation at 1 July 2019
28,100 
Valuation at 30 June 2020
28,100 
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i-CE Accelerator Limited Notes to the Accounts for the year ended 30 June 2020
6
Debtors
2020 
2019 
£ 
£ 
Trade debtors
15,893 
8,693 
Accrued income and prepayments
- 
1,600 
Other debtors
- 
7,713 
15,893 
18,006 
7
Creditors: amounts falling due within one year
2020 
2019 
£ 
£ 
Trade creditors
1,615 
- 
Amounts owed to group undertakings and other participating interests
160 
160 
Taxes and social security
(3,141)
29,389 
Loans from directors
146 
4,678 
(1,220)
34,227 
8
Average number of employees
During the year the average number of employees was 4 (2019: 3).
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