REGISTERED NUMBER: 05548789 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2018

for

iLyon Consulting Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

S P Lyon

Ms R J Fensome

SECRETARY:

Mrs M Lyon

REGISTERED OFFICE:

7 Bower Road

Wrecclesham

Farnham

Surrey

GU10 4ST

REGISTERED NUMBER:

05548789 (England and Wales)

ACCOUNTANTS:

Lime Accountancy Limited

7 Bower Road

Wrecclesham

Farnham

Surrey

GU10 4ST

FIXED ASSETS

Tangible assets

4

2,056

2,690

CURRENT ASSETS

Debtors

5

104,188

104,435

Cash at bank

113,720

72,446

217,908

176,881

CREDITORS

Amounts falling due within one year

6

23,732

23,463

NET CURRENT ASSETS

194,176

153,418

TOTAL ASSETS LESS CURRENT LIABILITIES

196,232

156,108

CAPITAL AND RESERVES

Called up share capital

100

1

Retained earnings

196,132

156,107

SHAREHOLDERS' FUNDS

196,232

156,108

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

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 19 September 2018 and were signed on its behalf by:

S P Lyon - Director

1.	STATUTORY INFORMATION

iLyon Consulting Limited is a private company, limited by shares , registered in England and Wales. The company's

registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value

added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

20% on cost

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2017 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 April 2017

9,342

Additions

560

At 31 March 2018

9,902

DEPRECIATION

At 1 April 2017

6,652

Charge for year

1,194

At 31 March 2018

7,846

NET BOOK VALUE

At 31 March 2018

2,056

At 31 March 2017

2,690

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/18

31/3/17

£

£

Other debtors

94,620

94,200

Accrued income

9,568

10,235

104,188

104,435

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/18

31/3/17

£

£

Tax

15,159

15,718

Social security and other taxes

839

744

VAT

5,507

5,033

Directors' current accounts

1,127

868

Accrued expenses

1,100

1,100

23,732

23,463

7.	RELATED PARTY DISCLOSURES

At the Balance Sheet date an interest free loan of £94,620 existed within other debtors in respect of a loan made to iLyon

Red Ltd, a company which is controlled by a director who has significant influence over the reporting entity, and is a

member of the key management personnel of the reporting entity. The loan is repayable on demand.