IVENDI LIMITED

Company Registration Number:
07003191 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2021

Period of accounts

Start date: 01 January 2021

End date: 31 December 2021

IVENDI LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2021

Balance sheet
Notes

IVENDI LIMITED

Balance sheet

As at 31 December 2021


Notes

2021

2020


£

£
Fixed assets
Intangible assets: 3 2,933,758 2,428,932
Tangible assets: 4 146,223 68,371
Total fixed assets: 3,079,981 2,497,303
Current assets
Debtors:   1,802,244 1,294,523
Cash at bank and in hand: 414,071 837,531
Total current assets: 2,216,315 2,132,054
Creditors: amounts falling due within one year:   (1,744,475) (1,781,732)
Net current assets (liabilities): 471,840 350,322
Total assets less current liabilities: 3,551,821 2,847,625
Creditors: amounts falling due after more than one year:   (729,736) (750,316)
Provision for liabilities: (747,728) (464,243)
Total net assets (liabilities): 2,074,357 1,633,066
Capital and reserves
Called up share capital: 234 234
Share premium account: 3,877,288 3,877,288
Other reserves: 20,892 16,249
Profit and loss account: (1,824,057) (2,260,705)
Shareholders funds: 2,074,357 1,633,066

The notes form part of these financial statements

IVENDI LIMITED

Balance sheet statements

For the year ending 31 December 2021 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 14 April 2022
and signed on behalf of the board by:

Name: Mr R P Tavernor
Status: Director

The notes form part of these financial statements

IVENDI LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

IVENDI LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

2. Employees

2021 2020
Average number of employees during the period 91 87

IVENDI LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

3. Intangible Assets

Total
Cost £
At 01 January 2021 7,335,738
Additions 1,787,000
Transfers (18,732)
At 31 December 2021 9,104,006
Amortisation
At 01 January 2021 4,906,806
Charge for year 1,263,442
At 31 December 2021 6,170,248
Net book value
At 31 December 2021 2,933,758
At 31 December 2020 2,428,932

IVENDI LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

4. Tangible Assets

Total
Cost £
At 01 January 2021 675,343
Additions 174,240
Disposals (51,093)
At 31 December 2021 798,490
Depreciation
At 01 January 2021 606,972
Charge for year 96,388
On disposals (51,093)
At 31 December 2021 652,267
Net book value
At 31 December 2021 146,223
At 31 December 2020 68,371