Ixty Holding Limited - Accounts to registrar (filleted) - small 17.3
Ixty Holding Limited - Accounts to registrar (filleted) - small 17.3
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 31 March 2017 |
| for |
| Ixty Holding Limited |
| Ixty Holding Limited (Registered number: 08118692) |
| Contents of the Financial Statements |
| for the year ended 31 March 2017 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| Chartered Certified Accountants' Report | 5 |
| Ixty Holding Limited |
| Company Information |
| for the year ended 31 March 2017 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Suite 345 |
| 50 Eastcastle Street |
| Fitzrovia |
| London |
| W1W 8EA |
| Ixty Holding Limited (Registered number: 08118692) |
| Balance Sheet |
| 31 March 2017 |
| 2017 | 2016 |
| Notes | £ | £ |
| CURRENT ASSETS |
| Debtors | 4 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 5 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 6 |
| Share premium |
| Retained earnings | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the Board of Directors on by: |
| Ixty Holding Limited (Registered number: 08118692) |
| Notes to the Financial Statements |
| for the year ended 31 March 2017 |
| 1. | STATUTORY INFORMATION |
| Ixty Holding Limited is a |
| registered number and registered office address can be found on the Company Information page. |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| For periods up to and including the year ended 31 March 2016, the company prepared its financial statements in |
| accordance with UK Generally Accepted Accounting Practice ("UK GAAP"). These financial statements for the |
| year ended 31 March 2017 are the first the Company has prepared in accordance with FRS 102 Section 1A. The |
| Company's deemed transition date to FRS 102 was 1 August 2015. No transitional differences were noted. |
| Preparation of consolidated financial statements |
| The financial statements contain information about Ixty Holding Limited as an individual company and do not |
| contain consolidated financial information as the parent of a group. The company has taken the option under |
| Section 398 of the Companies Act 2006 not to prepare consolidated financial statements. |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to |
| the extent that it relates to items recognised in other comprehensive income or directly in equity. |
| Current or deferred taxation assets and liabilities are not discounted. |
| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or |
| substantively enacted by the balance sheet date. |
| Cash and cash equivalents |
| Cash and cash equivalents includes cash in hand, cash held with banks and bank overdrafts. Bank overdrafts are |
| shown within borrowings in current liabilities. |
| Share capital |
| Ordinary shares are classed as equity. |
| Short term debtors and creditors |
| Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising |
| from impairment are recognised in the profit and loss account. |
| 3. | FIXED ASSET INVESTMENTS |
| The company's investments at the Balance Sheet date in the share capital of companies include the following: |
| Registered office: 1-6 Speedy Place, Kings Cross, London, WC1H 8BU |
| Nature of business: |
| % |
| Class of shares: | holding |
| Ixty Holding Limited (Registered number: 08118692) |
| Notes to the Financial Statements - continued |
| for the year ended 31 March 2017 |
| 4. | DEBTORS |
| 2017 | 2016 |
| £ | £ |
| Amounts falling due within one year: |
| Other debtors |
| Amounts falling due after more than one year: |
| Other debtors |
| Aggregate amounts |
| 5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2017 | 2016 |
| £ | £ |
| Trade creditors |
| Other creditors |
| 6. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2017 | 2016 |
| value: | £ | £ |
| Ordinary | £0.01 | p | 393 | 276 |
| On 13 October 2016, 7,867 Ordinary shares of £0.01 were issued at a premium of £0.99. |
| On 13 October 2016, 3,904 Ordinary shares of £0.01 were issued at a premium of £33.32. |
| 7. | RELATED PARTY DISCLOSURES |
| Ixty Limited |
| Subsidiary |
| During the year, net funds were advanced to the company of £99,225. |
| 2017 | 2016 |
| £ | £ |
| Amount due from related party at the balance sheet date | 494,927 | 395,702 |
| The amount outstanding is repayable on demand and accrues no interest. |
| Chartered Certified Accountants' Report to the Board of Directors |
| on the Unaudited Financial Statements of |
| Ixty Holding Limited |
| The following reproduces the text of the report prepared for the directors in respect of the company's annual |
| unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file |
| a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the |
| Report of the Directors are not required to be filed with the Registrar of Companies. |
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the |
| financial statements of Ixty Holding Limited for the year ended 31 March 2017 which comprise the Income Statement, |
| Balance Sheet, and the related notes from the company's accounting records and from information and explanations you |
| have given us. |
| As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook. |
| This report is made solely to the Board of Directors of Ixty Holding Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Ixty Holding Limited and state those matters that we have agreed to state to the Board of Directors of Ixty Holding Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report. |
| It is your duty to ensure that Ixty Holding Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Ixty Holding Limited. You consider that Ixty Holding Limited is exempt from the statutory audit requirement for the year. |
| We have not been instructed to carry out an audit or a review of the financial statements of Ixty Holding Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. |
| Suite 345 |
| 50 Eastcastle Street |
| Fitzrovia |
| London |
| W1W 8EA |