Ionian Limited - Abbreviated accounts 16.1

Ionian Limited - Abbreviated accounts 16.1


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REGISTERED NUMBER: 01064457 (England and Wales)















ABBREVIATED ACCOUNTS FOR THE YEAR ENDED 30 APRIL 2016

FOR

IONIAN LIMITED

IONIAN LIMITED (REGISTERED NUMBER: 01064457)

CONTENTS OF THE ABBREVIATED ACCOUNTS
for the Year Ended 30 April 2016










Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

IONIAN LIMITED

COMPANY INFORMATION
for the Year Ended 30 April 2016







DIRECTORS: Robert C.J. Nelson
Annelise M. Nelson
Anne-Marie Chesley





REGISTERED OFFICE: Holly House
Linkside South
Beacon Hill
Hindhead Surrey
GU26 6NX





REGISTERED NUMBER: 01064457 (England and Wales)





ACCOUNTANTS: Paul Furrer & Co Limited
Nicholson House
41 Thames Street
Weybridge
Surrey
KT13 8JG

IONIAN LIMITED (REGISTERED NUMBER: 01064457)

ABBREVIATED BALANCE SHEET
30 April 2016

2016 2015
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 2 1 1

CURRENT ASSETS
Debtors 16,496 16,496
Cash at bank 404 404
16,900 16,900
CREDITORS
Amounts falling due within one year 16,725 20,032
NET CURRENT ASSETS/(LIABILITIES) 175 (3,132 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

176

(3,131

)

CAPITAL AND RESERVES
Called up share capital 3 10,000 10,000
Profit and loss account (9,824 ) (13,131 )
SHAREHOLDERS' FUNDS 176 (3,131 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 20 January 2017 and were signed on its behalf by:





Robert C.J. Nelson - Director


IONIAN LIMITED (REGISTERED NUMBER: 01064457)

NOTES TO THE ABBREVIATED ACCOUNTS
for the Year Ended 30 April 2016


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 January 2015).

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 - 20% on cost

Investments
Current asset investments are valued at the lower of cost and net realisable value.

2. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 May 2015
and 30 April 2016 13,992
DEPRECIATION
At 1 May 2015
and 30 April 2016 13,991
NET BOOK VALUE
At 30 April 2016 1
At 30 April 2015 1

3. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2016 2015
value: £    £   
10,000 Ordinary shares £1 10,000 10,000