Accounts filed on 30-06-2021

Accounts filed on 30-06-2021

IKON TEST SOLUTIONS LIMITED - Company Information

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06627387falsethat of design and manufacture of test equipment.2020-07-012021-06-30http://www.companieshouse.gov.uk/2020-06-30http://www.companieshouse.gov.uk/pt:PlantMachinery2020-06-30http://www.companieshouse.gov.uk/pt:ShareCapital2020-06-30http://www.companieshouse.gov.uk/cd:Director12020-07-012021-06-30http://www.companieshouse.gov.uk/pt:PlantMachinery2021-06-30http://www.companieshouse.gov.uk/pt:ShareCapital2021-06-30http://www.companieshouse.gov.uk/cd:Director22020-07-012021-06-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12020-07-012021-06-30http://www.companieshouse.gov.uk/cd:RegisteredOffice2020-07-012021-06-30http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2020-07-012021-06-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2021-06-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2020-06-30http://www.companieshouse.gov.uk/2020-07-012021-06-30http://www.companieshouse.gov.uk/2020-06-30http://www.companieshouse.gov.uk/cd:FRS1022020-07-012021-06-30http://www.companieshouse.gov.uk/2021-06-30http://www.companieshouse.gov.uk/cd:FullAccounts2020-07-012021-06-30http://www.companieshouse.gov.uk/pt:LandBuildings2020-06-30http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2020-07-012021-06-30http://www.companieshouse.gov.uk/pt:LandBuildings2021-06-30iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 06627387
Ikon Test Solutions Limited
ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2021
Prepared By:
Wieland Accountants Limited
Chartered Accountants
Harrow Business Centre
429-433 Pinner Road
North Harrow
Middlesex
HA1 4HN
Ikon Test Solutions Limited
ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2021
DIRECTORS
Mrs R Kachhwaha
Mr S Shearer
REGISTERED OFFICE
24B Portman Road
Reading
Berkshire
RG30 1EA
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 06627387
ACCOUNTANTS
Wieland Accountants Limited
Chartered Accountants
Harrow Business Centre
429-433 Pinner Road
North Harrow
Middlesex
HA1 4HN
Ikon Test Solutions Limited
ACCOUNTS
FOR THEYEARENDED30 JUNE 2021
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-
Ikon Test Solutions Limited
BALANCE SHEET AT 30 June 2021
20212020
Notes££
FIXED ASSETS
Tangible assets3298,494302,031
CURRENT ASSETS
Debtors484,711245,998
Cash at bank and in hand122,90153,641
207,612299,639
CREDITORS: Amounts falling due within one year5102,02896,505
NET CURRENT ASSETS105,584203,134
TOTAL ASSETS LESS CURRENT LIABILITIES404,078505,165
CREDITORS: Amounts falling due after more than one year6131,567150,101
NET ASSETS272,511355,064
CAPITAL AND RESERVES
Called up share capital8100100
Profit and loss account272,411354,964
SHAREHOLDERS' FUNDS272,511355,064
For the year ending 30 June 2021 the company was entitled to exemption 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 directors acknowledge their 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 4 March 2022 and signed on their behalf by
.............................
Mrs R Kachhwaha
Director
Ikon Test Solutions Limited
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30 JUNE 2021
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machineryreducing balance 25%
2. EMPLOYEES
20212020
No.No.
Average number of employees55
3. TANGIBLE FIXED ASSETS
Land AndPlant and
BuildingsMachineryTotal
£££
Cost
At 1 July 2020287,88363,849351,732
At 30 June 2021287,88363,849351,732
Depreciation
At 1 July 2020-49,70149,701
For the year-3,5373,537
At 30 June 2021-53,23853,238
Net Book Amounts
At 30 June 2021287,88310,611298,494
At 30 June 2020287,88314,148302,031
Ikon Test Solutions Limited
4. DEBTORS 20212020
££
Amounts falling due within one year
Trade debtors9,776169,770
VAT9,9357,478
Other debtors65,00065,000
Prepayments-3,750
84,711245,998
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20212020
££
UK corporation tax-23,343
PAYE control3,2681,772
Directors current account17,07615,780
Mortgage16,99715,718
Trade creditors61,09939,249
Other creditors3,588643
102,02896,505
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20212020
££
Mortgage131,567150,101
131,567150,101
7. SECURED CREDITORS
20212020
££
Amount of other creditors which are secured148,564165,819
The mortgage is secured by a fixed charge on the freehold property.
Ikon Test Solutions Limited
8. SHARE CAPITAL 20212020
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
100100
9. RELATED PARTY TRANSACTIONS
The parent company is HNR Holdings Limited whose registered office address is at 24B Portman Road, Reading, Berkshire, RG30 1EA.