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Company Registration No. 12952439 (England and Wales)
IVY SCAFFOLDING LIMITED Unaudited accounts for the year ended 31 October 2023
IVY SCAFFOLDING LIMITED Unaudited accounts Contents
Page
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IVY SCAFFOLDING LIMITED Company Information for the year ended 31 October 2023
Director
Mr Jake Warburton
Company Number
12952439 (England and Wales)
Registered Office
24 Lismore Grove Buxton Derbyshire SK17 9AW
Accountants
Stoney Philbin & Company Limited 7 High Street Chapel-en-le-Frith High Peak SK23 0HD
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Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of IVY SCAFFOLDING LIMITED for the year ended 31 October 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of IVY SCAFFOLDING LIMITED for the year ended 31 October 2023 as set out on pages 5 - 7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf.
Stoney Philbin & Company Limited Chartered Certified Accountants 7 High Street Chapel-en-le-Frith High Peak SK23 0HD 5 February 2024
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IVY SCAFFOLDING LIMITED Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
63,239 
51,356 
Current assets
Debtors
51,815 
40,336 
Cash at bank and in hand
56,123 
13,060 
107,938 
53,396 
Creditors: amounts falling due within one year
(34,358)
(4,942)
Net current assets
73,580 
48,454 
Total assets less current liabilities
136,819 
99,810 
Creditors: amounts falling due after more than one year
(4,722)
- 
Provisions for liabilities
Other provisions
(7,141)
(6,533)
Net assets
124,956 
93,277 
Capital and reserves
Called up share capital
100 
100 
Share premium
29,995 
29,995 
Profit and loss account
94,861 
63,182 
Shareholders' funds
124,956 
93,277 
For the year ending 31 October 2023 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 5 February 2024 and were signed on its behalf by
Mr Jake Warburton Director Company Registration No. 12952439
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IVY SCAFFOLDING LIMITED Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
IVY SCAFFOLDING LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12952439. The registered office is 24 Lismore Grove, Buxton, Derbyshire, SK17 9AW.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Reducing Balance
Motor vehicles
20% Reducing Balance
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 November 2022
69,968 
4,928 
- 
74,896 
Additions
11,533 
15,952 
208 
27,693 
At 31 October 2023
81,501 
20,880 
208 
102,589 
Depreciation
At 1 November 2022
21,691 
1,849 
- 
23,540 
Charge for the year
11,962 
3,806 
42 
15,810 
At 31 October 2023
33,653 
5,655 
42 
39,350 
Net book value
At 31 October 2023
47,848 
15,225 
166 
63,239 
At 31 October 2022
48,277 
3,079 
- 
51,356 
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IVY SCAFFOLDING LIMITED Notes to the Accounts for the year ended 31 October 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
51,815 
40,336 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
(844)
(10,323)
Obligations under finance leases and hire purchase contracts
3,333 
- 
Trade creditors
4,010 
13,067 
Taxes and social security
1,394 
(26,444)
Loans from directors
25,965 
28,142 
Accruals
500 
500 
34,358 
4,942 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Obligations under finance leases and hire purchase contracts
4,722 
- 
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Average number of employees
During the year the average number of employees was 8 (2022: 8).
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