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Company Registration No. 10680876 (England and Wales)
IVO Consulting Solutions Limited Unaudited accounts for the year ended 29 February 2024
IVO Consulting Solutions Limited Unaudited accounts Contents
Page
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IVO Consulting Solutions Limited Company Information for the year ended 29 February 2024
Directors
David George Armes Stuart Nelson Blackley
Company Number
10680876 (England and Wales)
Registered Office
PARKHOUSE LONDON ROAD STAMFORD CAMBRIDGESHIRE PE9 3JS ENGLAND
Accountants
Direct Peak Ltd Eventus Sunderland Road Market Deeping Peterborough PE6 8FD
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IVO Consulting Solutions Limited Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,111 
2,129 
Current assets
Debtors
89,574 
152,757 
Cash at bank and in hand
436,360 
608,961 
525,934 
761,718 
Creditors: amounts falling due within one year
28,457 
(68,517)
Net current assets
554,391 
693,201 
Total assets less current liabilities
555,502 
695,330 
Provisions for liabilities
Deferred tax
(211)
(532)
Net assets
555,291 
694,798 
Capital and reserves
Called up share capital
200 
200 
Profit and loss account
555,091 
694,598 
Shareholders' funds
555,291 
694,798 
For the year ending 29 February 2024 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 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 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 of Directors and authorised for issue on 12 September 2024 and were signed on its behalf by
David George Armes Director Company Registration No. 10680876
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IVO Consulting Solutions Limited Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
IVO Consulting Solutions Limited is a private company, limited by shares, registered in England and Wales, registration number 10680876. The registered office is PARKHOUSE, LONDON ROAD, STAMFORD, CAMBRIDGESHIRE, PE9 3JS, ENGLAND.
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:
Motor vehicles
25% on cost
Fixtures & fittings
25% on cost
Computer equipment
33% on cost
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2023
30 
20,709 
20,739 
Additions
- 
697 
697 
At 29 February 2024
30 
21,406 
21,436 
Depreciation
At 1 March 2023
30 
18,580 
18,610 
Charge for the year
- 
1,715 
1,715 
At 29 February 2024
30 
20,295 
20,325 
Net book value
At 29 February 2024
- 
1,111 
1,111 
At 28 February 2023
- 
2,129 
2,129 
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IVO Consulting Solutions Limited Notes to the Accounts for the year ended 29 February 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
64,216 
127,950 
Amounts due from group undertakings etc.
1,133 
936 
Accrued income and prepayments
24,225 
23,871 
89,574 
152,757 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
9,274 
17,636 
Trade creditors
6,858 
7,828 
Taxes and social security
4,494 
39,720 
Other creditors
- 
253 
Loans from directors
(50,000)
- 
Accruals
917 
3,080 
(28,457)
68,517 
7
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Stuart Nelson Blackley
Directors Loan
- 
50,000 
- 
50,000 
- 
50,000 
- 
50,000 
The directors loan was repaid in full within 9 months
8
Average number of employees
During the year the average number of employees was 4 (2023: 6).
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