IV PAINTING SERVICES LTD

Company limited by guarantee

Company Registration Number:
14144217 (England and Wales)

Unaudited abridged accounts for the year ended 31 May 2024

Period of accounts

Start date: 01 June 2023

End date: 31 May 2024

IV PAINTING SERVICES LTD

Company limited by guarantee

Contents of the Financial Statements

for the Period Ended 31 May 2024

Company Information - 3
Income and Expenditure Account - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

IV PAINTING SERVICES LTD

Company limited by guarantee

Company Information

for the Period Ended 31 May 2024




Director: ileana varga
David Bonawenturczyk
Registered office: 21
Sedgemoor Drive
Dagenham
England
RM10 7JL
Company Registration Number: 14144217 (England and Wales)

IV PAINTING SERVICES LTD

Company limited by guarantee

Income and Expenditure Account

for the Period Ended 31 May 2024


Notes

2024
£

2023
£
Gross surplus or (deficit) 189,200 172,100
Income from coronavirus (COVID-19) business support grants 0 0
Distribution Costs ( 15,200 ) ( 12,900 )
Administrative Expenses ( 9,700 ) ( 8,900 )
Operating surplus or (deficit) 164,300 150,300
Interest Receivable and Similar Income 0 0
Interest Payable and Similar Charges ( 0 ) ( 0 )
Surplus or (deficit) before tax 164,300 150,300
Tax on surplus ( 0 ) ( 0 )
Surplus or (deficit) for the period 164,300 150,300

The notes form part of these financial statements

IV PAINTING SERVICES LTD

Company limited by guarantee

Balance sheet

As at 31 May 2024


Notes

2024
£

2023
£
Fixed assets
Intangible assets: 4 0 0
Tangible assets: 5 25,000 30,000
Total fixed assets: 25,000 30,000
Current assets
Stocks: 0 0
Debtors: 0 0
Cash at bank and in hand: 0 0
Total current assets: 0 0
Prepayments and accrued income: 40,000 16,500
Creditors: amounts falling due within one year: ( 0 ) ( 0 )
Net current assets (liabilities): 40,000 16,500
Total assets less current liabilities: 65,000 46,500
Creditors: amounts falling due after more than one year: ( 0 ) ( 0 )
Provision for liabilities: ( 30,000 ) ( 30,000 )
Accruals and deferred income: ( 0 ) ( 0 )
Total net assets (liabilities): 35,000 16,500

The notes form part of these financial statements

IV PAINTING SERVICES LTD

Company limited by guarantee

Balance sheet continued

As at 31 May 2024


Notes

2024
£

2023
£
Reserves
Revaluation reserve: 6 0 0
Income and expenditure account 35,000 16,500
Members funds 35,000 16,500

For the year ending 31 May 2024 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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 1 January 2025
And Signed On Behalf Of The Board By:

Name: ileana varga
Status: Director

The notes form part of these financial statements

IV PAINTING SERVICES LTD

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

IV PAINTING SERVICES LTD

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 50 15

IV PAINTING SERVICES LTD

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 3. Off balance sheet disclosure

    No

IV PAINTING SERVICES LTD

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 4. Intangible assets

    Total
    Cost £
    At 01 June 2023 0
    Additions 0
    Disposals (0)
    Revaluations 0
    Transfers 0
    At 31 May 2024 0
    Amortisation
    Amortisation at 01 June 2023 0
    Charge for year 0
    On disposals (0)
    Other adjustments 0
    Amortisation at 31 May 2024 0
    Net book value
    Net book value at 31 May 2024 0
    Net book value at 31 May 2023 0

IV PAINTING SERVICES LTD

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 May 2024

5. Tangible Assets

Total
Cost £
At 01 June 2023 30,000
Additions 0
Disposals (0)
Revaluations 0
Transfers 0
At 31 May 2024 30,000
Depreciation
At 01 June 2023 0
Charge for year 5,000
On disposals (0)
Other adjustments 0
At 31 May 2024 5,000
Net book value
At 31 May 2024 25,000
At 31 May 2023 30,000

IV PAINTING SERVICES LTD

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 May 2024

6. Revaluation reserve


2024
£
Balance at 01 June 2023 0
Surplus or deficit after revaluation 0
Balance at 31 May 2024 0