Abbreviated Company Accounts - IKG LIMITED

03171888 IKG LIMITED 2014-03-31 false 2013-04-01 2014-03-31 true 03171888 2013-04-01 2014-03-31 03171888 2014-03-31 03171888 2013-03-31 03171888 uk-gaap-cd-bus:Director1 2013-04-01 2014-03-31 03171888 uk-gaap-cd-bus:Director2 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-03-31 iso4217:GBP shares

Registered Number 03171888

IKG LIMITED

Abbreviated Accounts

31 March 2014

IKG LIMITED Registered Number 03171888

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets	2	17,263	9,167
		17,263	9,167
Creditors: amounts falling due within one year		(17,367)	(9,271)
Net current assets (liabilities)		(17,367)	(9,271)
Total assets less current liabilities		(104)	(104)
Total net assets (liabilities)		(104)	(104)
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		(204)	(204)
Shareholders' funds		(104)	(104)

For the year ending 31 March 2014 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.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 12 December 2014

And signed on their behalf by:
I Gillies, Director

IKG LIMITED Registered Number 03171888

Notes to the Abbreviated Accounts for the period ended 31 March 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Intangible assets amortisation policy
Patents are valued at cost less accumulated amortisation. Amortisation is calculated to write off the cost in equal annual instalments over their estimated useful lives.

2Intangible fixed assets

	£
Cost
At 1 April 2013	9,167
Additions	8,096
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	17,263
Amortisation
At 1 April 2013	-
Charge for the year	-
On disposals	-
At 31 March 2014	-
Net book values
At 31 March 2014	17,263
At 31 March 2013	9,167

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
100 Ordinary shares of £1 each	100	100