Eikonika_Limited - Accounts

EIKONIKA LIMITED - Company Information

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Eikonika Limited

Unaudited Abbreviated Accounts

For the year ended 31 August 2016

Company Registration No. 03092815 (England and Wales)

Eikonika Limited

Contents

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 3

Eikonika Limited

Abbreviated Balance Sheet

As at 31 August 2016

Page 1

2016

2015

Notes

Fixed assets

Tangible assets

1,565

2,176

Current assets

Debtors

16,796

34,309

Cash at bank and in hand

5,171

30,431

21,967

64,740

Creditors: amounts falling due within one year

(4,238)

(4,304)

Net current assets

17,729

60,436

Total assets less current liabilities

19,294

62,612

Capital and reserves

Called up share capital

Profit and loss account

19,292

62,610

Shareholders' funds

19,294

62,612

For the financial year ended 31 August 2016 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.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 21 May 2017

J Bradshaw

Director

Company Registration No. 03092815

Eikonika Limited

Notes to the Abbreviated Accounts

For the year ended 31 August 2016

Page 2

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

The company has continued to meet its obligations as they fall due with support from the director and as such, these accounts have been prepared on a going concern basis.

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

Turnover represents the invoiced value of goods and services provided. Turnover is attributable to the one principal activity of the company which arose wholly in the United Kingdom.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Computer equipment

33% Reducing Balance

Fixtures, fittings & equipment

25% Reducing Balance

Motor vehicles

25% Reducing Balance

Other assets

25% Reducing Balance

Fixed assets

Tangible assets

Cost

At 1 September 2015 & at 31 August 2016

44,356

Depreciation

At 1 September 2015

42,180

Charge for the year

611

At 31 August 2016

42,791

Net book value

At 31 August 2016

1,565

At 31 August 2015

2,176

Eikonika Limited

Notes to the Abbreviated Accounts (Continued)

For the year ended 31 August 2016

Page 3

Share capital

2016

2015

Allotted, called up and fully paid

2 Ordinary shares of £1 each

Transactions with directors

Included in other debtors is £9,955 (2015: £nil) relating to amounts owed from the director. This amount has been repaid post year end.