Ikon Management Ltd - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 04596315 (England and Wales)

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30TH NOVEMBER 2014

FOR

IKON MANAGEMENT LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

C J Hackett

SECRETARY:

R J Hackett

REGISTERED OFFICE:

49 Windermere Drive

Kingswinford

DY6 8AN

REGISTERED NUMBER:

04596315 (England and Wales)

ACCOUNTANTS:

Stanton Ralph & Co Limited

Chartered Accountants

The Old Police Station

Whitburn Street

Bridgnorth

Shropshire

WV16 4QP

FIXED ASSETS

32,888

Tangible assets

2

17,609

CURRENT ASSETS

11,912

Debtors

3,030

16,349

Cash at bank

17,358

28,261

20,388

CREDITORS

32,183

Amounts falling due within one year

17,950

(3,922

)

NET CURRENT ASSETS/(LIABILITIES)

2,438

28,966

TOTAL ASSETS LESS CURRENT LIABILITIES

20,047

785

PROVISIONS FOR LIABILITIES

-

28,181

NET ASSETS

20,047

CAPITAL AND RESERVES

1,000

Called up share capital

3

1,000

27,181

Profit and loss account

19,047

28,181

SHAREHOLDERS' FUNDS

20,047

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th November 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 9th January 2015 and were signed by:

C J Hackett - Director

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 comprises net invoiced sales of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost and 25% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Pension costs and other post-retirement benefits

The company contributes to a defined contribution pension scheme. Contributions payable to the pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1st December 2013

105,125

Additions

719

At 30th November 2014

105,844

DEPRECIATION

At 1st December 2013

72,237

Charge for year

15,998

At 30th November 2014

88,235

NET BOOK VALUE

At 30th November 2014

17,609

At 30th November 2013

32,888

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.14

30.11.13

value:

£

£

1,000

Ordinary

£1

1,000

1,000

4.	RELATED PARTY DISCLOSURES

During the year, total dividends of £30,750 (2013 - £16,000) were paid to the director .

At 30th November 2014 the company owed loans to Mr C J Hackett of £1,432 (2013: £21,302). No interest is

charged.

5.	DIRECTORS INTEREST IN TRANSACTIONS