IVANELLO INVESTMENTS LTD

Company Registration Number:
13731826 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2023

Period of accounts

Start date: 1 December 2022

End date: 30 November 2023

IVANELLO INVESTMENTS LTD

Contents of the Financial Statements

for the Period Ended 30 November 2023

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

IVANELLO INVESTMENTS LTD

Profit And Loss Account

for the Period Ended 30 November 2023

2023 13 months to 30 November 2022


£

£
Turnover: 128,292 68,331
Cost of sales: ( 97,087 ) ( 97,416 )
Gross profit(or loss): 31,205 (29,085)
Distribution costs: ( 1,839 ) ( 4,854 )
Administrative expenses: ( 226 ) ( 403 )
Operating profit(or loss): 29,140 (34,342)
Profit(or loss) before tax: 29,140 (34,342)
Profit(or loss) for the financial year: 29,140 (34,342)

IVANELLO INVESTMENTS LTD

Balance sheet

As at 30 November 2023

Notes 2023 13 months to 30 November 2022


£

£
Fixed assets
Tangible assets: 3 51,000 47,581
Total fixed assets: 51,000 47,581
Current assets
Stocks: 4 48,386
Debtors: 5 32,306 1,000
Cash at bank and in hand: 28,507 29,178
Total current assets: 60,813 78,564
Creditors: amounts falling due within one year: 6 ( 69,619 ) ( 85,830 )
Net current assets (liabilities): (8,806) (7,266)
Total assets less current liabilities: 42,194 40,315
Total net assets (liabilities): 42,194 40,315
Capital and reserves
Called up share capital: 42,194 40,315
Total Shareholders' funds: 42,194 40,315

The notes form part of these financial statements

IVANELLO INVESTMENTS LTD

Balance sheet statements

For the year ending 30 November 2023 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.

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

This report was approved by the board of directors on 15 August 2024
and signed on behalf of the board by:

Name: Debra Cross
Status: Director

The notes form part of these financial statements

IVANELLO INVESTMENTS LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

IVANELLO INVESTMENTS LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 2. Employees

    2023 13 months to 30 November 2022
    Average number of employees during the period 1 1

IVANELLO INVESTMENTS LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 December 2022 47,581 47,581
Additions 29,819 29,819
Disposals ( 26,400 ) ( 26,400 )
Revaluations
Transfers
At 30 November 2023 51,000 51,000
Depreciation
At 1 December 2022
Charge for year
On disposals
Other adjustments
At 30 November 2023
Net book value
At 30 November 2023 51,000 51,000
At 30 November 2022 47,581 47,581

IVANELLO INVESTMENTS LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

4. Stocks

2023 13 months to 30 November 2022
£ £
Stocks 48,386
Total   48,386

IVANELLO INVESTMENTS LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

5. Debtors

2023 13 months to 30 November 2022
£ £
Trade debtors 32,306 1,000
Total 32,306 1,000

IVANELLO INVESTMENTS LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

6. Creditors: amounts falling due within one year note

2023 13 months to 30 November 2022
£ £
Other creditors 69,619 85,830
Total 69,619 85,830

IVANELLO INVESTMENTS LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

7. Loans to directors

Name of director receiving advance or credit: Debra Cross
Description of the transaction:
Loan for materials
£
Balance at 30 November 2022 85,830
Advances or credits made:
Advances or credits repaid: 16,211
Balance at 30 November 2023 69,619