AIKON INVESTMENTS LTD

AIKON INVESTMENTS LTD

AIKON INVESTMENTS LTD - Company Information

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AIKON INVESTMENTS LTD

Company Registration Number:
09498932 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2020

Period of accounts

Start date: 01 January 2020

End date: 31 December 2020

AIKON INVESTMENTS LTD

Contents of the Financial Statements

for the Period Ended 31 December 2020

Balance sheet
Notes

AIKON INVESTMENTS LTD

Balance sheet

As at 31 December 2020


Notes
2020
2019


£
£
Current assets
Debtors: 3 5,166 4,294
Cash at bank and in hand: 32,774 66,354
Investments:   4,462 2,704
Total current assets: 42,402 73,352
Creditors: amounts falling due within one year: 4 (8,741) (19,603)
Net current assets (liabilities): 33,661 53,749
Total assets less current liabilities: 33,661 53,749
Total net assets (liabilities): 33,661 53,749
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 33,561 53,649
Shareholders funds: 33,661 53,749

The notes form part of these financial statements

AIKON INVESTMENTS LTD

Balance sheet statements

For the year ending 31 December 2020 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 31 December 2021
and signed on behalf of the board by:

Name: V G Sriram
Status: Director

The notes form part of these financial statements

AIKON INVESTMENTS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2020

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

AIKON INVESTMENTS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2020

2. Employees

2020 2019
Average number of employees during the period 0 0

AIKON INVESTMENTS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2020

3. Debtors

2020 2019
££
Debtors due after more than one year: 0 0

AIKON INVESTMENTS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2020

4. Creditors: amounts falling due within one year note

Other Creditors - £8,741

AIKON INVESTMENTS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2020

5. Related party transactions

Name of the related party: ACE Consultants UK Limited
Relationship:
Same Director
Description of the Transaction: The company was owed a balance of £872 by ACE Consultants (UK) Limited as at 31 December 2020 (31 December 2019 - £11,066 payable). Visvanathan G Sriram is the sole director and shareholder for AIKON Investments Limited and ACE Consultants (UK)Limited.
£
Balance at 01 January 2020 11,066
Balance at 31 December 2020 872
Name of the related party: Aikon Accountants Limited
Relationship:
Same Director
Description of the Transaction: The company was owed a balance of £4,294 by Aikon Accountants Limited as at 31 December 2020 (31 December 2019 - £4,294). Visvanathan G Sriram is the sole director and shareholder for AIKON Investments Limited and Aikon Accountants Limited.
£
Balance at 01 January 2020 4,294
Balance at 31 December 2020 4,294