2021-05-01 03359092 2022-04-30 03359092 2021-05-01 2022-04-30 03359092 2021-04-30 03359092 2020-05-01 2021-04-30 03359092 uk-core:WithinOneYear 2021-04-30 03359092 uk-core:WithinOneYear 2022-04-30 03359092 uk-core:ShareCapital 2022-04-30 03359092 uk-core:ShareCapital 2021-04-30 03359092 uk-core:RetainedEarningsAccumulatedLosses 2022-04-30 03359092 uk-core:RetainedEarningsAccumulatedLosses 2021-04-30 03359092 uk-bus:Director1 2021-05-01 2022-04-30 03359092 uk-core:ComputerEquipment 2021-05-01 2022-04-30 iso4217:GBP xbrli:pure 03359092 uk-bus:AuditExemptWithAccountantsReport 2021-05-01 2022-04-30 03359092 uk-bus:FRS102 2021-05-01 2022-04-30 03359092 uk-bus:FullAccounts 2021-05-01 2022-04-30 03359092 uk-bus:PrivateLimitedCompanyLtd 2021-05-01 2022-04-30
Ivyglen Limited
Registered Number:03359092
For the year ended 30 April 2022
England and Wales
Unaudited Financial Statements
2
For the year ended 30 April 2022
Ivyglen Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
03359092
As at 30 April 2022
Ivyglen Limited
Statement of Financial Position
£
£
2021
2022
Notes
Current assets
Trade and other receivables
4,382
2,726
3
88
Cash and cash equivalents
1,168
3,894
4,470
Trade and other payables: amounts falling due within
one year
(5,932)
(3,124)
4
(1,462)
770
Net current assets
Total assets less current liabilities
770
(1,462)
770
Net assets/liabilities
(1,462)
Capital and reserves
Called up share capital
100
100
Retained earnings
670
(1,562)
770
(1,462)
Shareholders' funds
For the year ended 30 April 2022 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 of its financial statements for the year ended 30 April 2022 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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 have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Stuart James Young Director
These financial statements were approved and authorised for issue by the Board on 13 September 2022 and were signed by:
The notes form part of these financial statements
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4
For the year ended 30 April 2022
Ivyglen Limited
Notes to the Financial Statements
Statutory Information
Ivyglen Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 03359092.
Registered address:
18 Atte Lane
Warfield
Bracknell
Berkshire
RG42 2QQ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A 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 costs convention
as modified by the revaluation of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
25% Straight line
Computer Equipment
2. Property, plant and equipment
Computer
Equipment
£
Cost or
valuation
At 01 May 2021
2,578
At 30 April 2022
2,578
Provision for depreciation and impairment
At 01 May 2021
2,578
At 30 April 2022
2,578
At 30 April 2022
Net book value
-
At 30 April 2021
-
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5
For the year ended 30 April 2022
Ivyglen Limited
Notes to the Financial Statements Continued
3. Trade and other receivables
2021
2022
£
£
Trade debtors
2,726
4,382
4. Trade and other payables: amounts falling due within one year
2021
2022
£
£
Trade creditors
256
1,419
Taxation and social security
2,371
971
Other creditors
497
3,542
3,124
5,932
5. Related party transactions
An Interest free loan was made to the company by Mr S Young. The amount due at the year end was £497
(2020 - £3,542).
6. Average number of persons employed
During the year the average number of employees was 0
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