Company registration number 12232163 (England and Wales)
IVILLS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 SEPTEMBER 2023
PAGES FOR FILING WITH REGISTRAR
92 Station Road
Clacton on Sea
Essex
CO15 1SG
IVILLS LIMITED
CONTENTS
Page
Company information
1
Balance sheet
2 - 3
Notes to the financial statements
4 - 6
IVILLS LIMITED
COMPANY INFORMATION
- 1 -
Directors
Mr S A Ivill
Mrs F Ivill
Company number
12232163
Registered office
92 Station Road
Clacton on Sea
Essex
CO15 1SG
Accountants
TC Group
92 Station Road
Clacton on Sea
Essex
CO15 1SG
IVILLS LIMITED
BALANCE SHEET
AS AT
30 SEPTEMBER 2023
30 September 2023
- 2 -
2023
2022
Notes
£
£
£
£
Fixed assets
Tangible assets
3
488,407
488,407
Current assets
Debtors
4
701
670
Cash at bank and in hand
2,893
1,629
3,594
2,299
Creditors: amounts falling due within one year
5
(178,120)
(159,469)
Net current liabilities
(174,526)
(157,170)
Total assets less current liabilities
313,881
331,237
Creditors: amounts falling due after more than one year
6
(349,439)
(349,608)
Net liabilities
(35,558)
(18,371)
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
(35,658)
(18,471)
Total equity
(35,558)
(18,371)
IVILLS LIMITED
BALANCE SHEET (CONTINUED)
AS AT
30 SEPTEMBER 2023
30 September 2023
- 3 -

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 30 September 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 20 February 2024 and are signed on its behalf by:
Mr S A Ivill
Director
Company Registration No. 12232163
The notes on pages 4 to 6 form part of these financial statements
IVILLS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023
- 4 -
1
Accounting policies
Company information

Ivills Limited is a private company limited by shares incorporated in England and Wales. The registered office is 92 Station Road, Clacton on Sea, Essex, CO15 1SG.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold property
No charge

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Cash at bank and in hand

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Changes in the fair value of derivatives that are designated and qualify as fair value hedges are recognised in profit or loss immediately, together with any changes in the fair value of the hedged asset or liability that are attributable to the hedged risk.

IVILLS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2023
- 5 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2023
2022
Number
Number
Total
2
2
3
Tangible fixed assets
Freehold property
£
Cost
At 1 October 2022 and 30 September 2023
488,407
Depreciation and impairment
At 1 October 2022 and 30 September 2023
-
0
Carrying amount
At 30 September 2023
488,407
At 30 September 2022
488,407
4
Debtors
2023
2022
Amounts falling due within one year:
£
£
Other debtors
701
670
5
Creditors: amounts falling due within one year
2023
2022
£
£
Other creditors
178,120
159,469
IVILLS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2023
- 6 -
6
Creditors: amounts falling due after more than one year
2023
2022
£
£
Bank loans and overdrafts
349,439
349,608
2023-09-302022-10-01false20 February 2024CCH SoftwareCCH Accounts Production 2023.300No description of principal activityMr S A IvillMrs F Ivillfalse122321632022-10-012023-09-3012232163bus:Director12022-10-012023-09-3012232163bus:Director22022-10-012023-09-3012232163bus:RegisteredOffice2022-10-012023-09-30122321632023-09-30122321632022-09-3012232163core:LandBuildingscore:OwnedOrFreeholdAssets2023-09-3012232163core:LandBuildingscore:OwnedOrFreeholdAssets2022-09-3012232163core:CurrentFinancialInstruments2023-09-3012232163core:CurrentFinancialInstruments2022-09-3012232163core:Non-currentFinancialInstruments2023-09-3012232163core:Non-currentFinancialInstruments2022-09-3012232163core:ShareCapital2023-09-3012232163core:ShareCapital2022-09-3012232163core:RetainedEarningsAccumulatedLosses2023-09-3012232163core:RetainedEarningsAccumulatedLosses2022-09-3012232163core:LandBuildingscore:OwnedOrFreeholdAssets2022-10-012023-09-30122321632021-10-012022-09-3012232163core:LandBuildingscore:OwnedOrFreeholdAssets2022-09-3012232163core:WithinOneYear2023-09-3012232163core:WithinOneYear2022-09-3012232163bus:PrivateLimitedCompanyLtd2022-10-012023-09-3012232163bus:SmallCompaniesRegimeForAccounts2022-10-012023-09-3012232163bus:FRS1022022-10-012023-09-3012232163bus:AuditExemptWithAccountantsReport2022-10-012023-09-3012232163bus:FullAccounts2022-10-012023-09-30xbrli:purexbrli:sharesiso4217:GBP