ICO Investment Company Ltd - Period Ending 2017-03-31

Registration number: 08411026

ICO Investment Company Ltd

Annual Report and Unaudited Financial Statements

for the Year Ended 31 March 2017

J W Smith & Co Ltd
Chartered Accountants
J W S Hopper Hill Road
Scarborough Business Park
Scarborough
North Yorkshire
YO11 3YS

ICO Investment Company Ltd

(Registration number: 08411026)
Balance Sheet as at 31 March 2017

	Note	2017 £	2016 £
Current assets
Cash at bank and in hand		2,000	2,000
Capital and reserves
Called up share capital	4	2,000	2,000
Total equity		2,000	2,000

For the financial year ending 31 March 2017 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved and authorised by the Board on 8 November 2017 and signed on its behalf by:
 

.........................................

Mr Jonathan Morley

Company secretary and director

The notes on page 2 form an integral part of these financial statements.

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ICO Investment Company Ltd

Notes to the Financial Statements for the Year Ended 31 March 2017

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
Hopper Hill Road
Eastfield
Scarborough
YO11 3YS

These financial statements were authorised for issue by the Board on 8 November 2017.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements were prepared in accordance with Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Cash and cash equivalents

	2017 £	2016 £
Cash on hand	2,000	2,000

4	Share capital

Allotted, called up and fully paid shares

	2017		2016
	No.	£	No.	£
Ordinary of £1 each	2,000	2,000	2,000	2,000

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