BN IKONN LIMITED

BN IKONN LIMITED

BN IKONN LIMITED - Company Information

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1 June 2019 false No description of principal activity Taxfiler 2020.15 10781561business:PrivateLimitedCompanyLtd2019-06-012020-05-31 107815612019-05-31 107815612019-06-012020-05-31 10781561business:AuditExempt-NoAccountantsReport2019-06-012020-05-31 10781561business:FullAccounts2019-06-012020-05-31 107815612020-05-31 10781561business:Director12019-06-012020-05-31 10781561business:RegisteredOffice2019-06-012020-05-31 10781561core:WithinOneYear2020-05-31 10781561core:AfterOneYear2020-05-31 10781561core:RetainedEarningsAccumulatedLosses2020-05-31 10781561business:SmallEntities2019-06-012020-05-31 10781561countries:EnglandWales2019-06-012020-05-31 iso4217:GBP xbrli:pure
Company Registration No. 10781561 (England and Wales)
BN IKONN LIMITED Unaudited accounts for the year ended 31 May 2020
BN IKONN LIMITED Unaudited accounts Contents
Page
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BN IKONN LIMITED Company Information for the year ended 31 May 2020
Director
Shakeel Hussain
Company Number
10781561 (England and Wales)
Registered Office
1 WELLANDS TERRACE, BRADFORD BRADFORD WEST YORKSHIRE BD3 8AQ ENGLAND
Accountants
NASEEM HUSSAIN FAIA ACCESS ACCOUNTANTS 17 KILLINGHALL ROAD BRADFORD WEST YORKSHIRE BD3 8DN
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BN IKONN LIMITED Statement of financial position as at 31 May 2020
2020 
Notes
£ 
Current assets
Inventories
4
45,590 
Debtors
5
6,271 
Cash at bank and in hand
87,872 
139,733 
Creditors: amounts falling due within one year
6
(35,237)
Net current assets
104,496 
Total assets less current liabilities
104,496 
Creditors: amounts falling due after more than one year
7
(50,000)
Net assets
54,496 
Capital and reserves
Profit and loss account
54,496 
Shareholders' funds
54,496 
For the year ending 31 May 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 14 January 2021 and were signed on its behalf by
Shakeel Hussain Director Company Registration No. 10781561
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BN IKONN LIMITED Notes to the Accounts for the year ended 31 May 2020
1
Statutory information
BN IKONN LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10781561. The registered office is 1 WELLANDS TERRACE, BRADFORD, BRADFORD, WEST YORKSHIRE, BD3 8AQ, ENGLAND.
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 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.
4
Inventories
2020 
£ 
Finished goods
45,590 
45,590 
5
Debtors
2020 
£ 
Trade debtors
6,271 
6
Creditors: amounts falling due within one year
2020 
£ 
VAT
13,600 
Trade creditors
5,868 
Taxes and social security
8,894 
Loans from directors
6,875 
35,237 
7
Creditors: amounts falling due after more than one year
2020 
£ 
Bank loans
50,000 
8
Average number of employees
During the year the average number of employees was 2.
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