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
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
IVO Consulting Solutions Limited
Statement of financial position
as at 29 February 2024
Tangible assets
1,111
2,129
Cash at bank and in hand
436,360
608,961
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
Net assets
555,291
694,798
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
IVO Consulting Solutions Limited
Notes to the Accounts
for the year ended 29 February 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
At 29 February 2024
30
21,406
21,436
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
At 29 February 2024
-
1,111
1,111
At 28 February 2023
-
2,129
2,129
IVO Consulting Solutions Limited
Notes to the Accounts
for the year ended 29 February 2024
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
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
6,858
7,828
Taxes and social security
4,494
39,720
Loans from directors
(50,000)
-
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Loan
-
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).