Company Registration No. 11498337 (England and Wales)
Ivan Black Sculpture Ltd
Unaudited accounts
for the year ended 31 August 2024
Ivan Black Sculpture Ltd
Unaudited accounts
Contents
Ivan Black Sculpture Ltd
Company Information
for the year ended 31 August 2024
Company Number
11498337 (England and Wales)
Registered Office
LITTLE WEDLOCK
GUMFRESTON
TENBY
PEMBROKESHIRE
SA70 8RB
WALES
Accountants
Ann Stephens & Co
The Lodge
Allensbank
Narberth
Pembs
SA67 8RF
Ivan Black Sculpture Ltd
Statement of financial position
as at 31 August 2024
Tangible assets
26,240
32,993
Cash at bank and in hand
32,777
49,350
Creditors: amounts falling due within one year
(41,146)
(36,963)
Net current assets
19,163
42,925
Called up share capital
2
2
Profit and loss account
45,401
75,916
Shareholders' funds
45,403
75,918
For the year ending 31 August 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 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 8 April 2025 and were signed on its behalf by
Ivan Black
Director
Company Registration No. 11498337
Ivan Black Sculpture Ltd
Notes to the Accounts
for the year ended 31 August 2024
Ivan Black Sculpture Ltd is a private company, limited by shares, registered in England and Wales, registration number 11498337. The registered office is LITTLE WEDLOCK, GUMFRESTON, TENBY, PEMBROKESHIRE, SA70 8RB, WALES.
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:
Fixtures & fittings
25% RB
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 September 2023
5,060
35,490
3,077
7,417
51,044
At 31 August 2024
5,060
35,490
3,077
7,615
51,242
At 1 September 2023
3,720
5,715
1,383
7,233
18,051
Charge for the year
335
5,955
423
238
6,951
At 31 August 2024
4,055
11,670
1,806
7,471
25,002
At 31 August 2024
1,005
23,820
1,271
144
26,240
At 31 August 2023
1,340
29,775
1,694
184
32,993
Ivan Black Sculpture Ltd
Notes to the Accounts
for the year ended 31 August 2024
Amounts falling due within one year
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
14,000
-
Trade creditors
6,944
16,871
Taxes and social security
17,800
17,932
7
Average number of employees
During the year the average number of employees was 5 (2023: 3).