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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
Page
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Ivan Black Sculpture Ltd Company Information for the year ended 31 August 2024
Director
Ivan Black
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
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Ivan Black Sculpture Ltd Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
26,240 
32,993 
Current assets
Inventories
15,106 
26,293 
Debtors
12,426 
4,245 
Cash at bank and in hand
32,777 
49,350 
60,309 
79,888 
Creditors: amounts falling due within one year
(41,146)
(36,963)
Net current assets
19,163 
42,925 
Net assets
45,403 
75,918 
Capital and reserves
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
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Ivan Black Sculpture Ltd Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
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.
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:
Plant & machinery
25% RB
Fixtures & fittings
25% RB
Computer equipment
33% SL
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 
Additions
- 
- 
- 
198 
198 
At 31 August 2024
5,060 
35,490 
3,077 
7,615 
51,242 
Depreciation
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 
Net book value
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 
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Ivan Black Sculpture Ltd Notes to the Accounts for the year ended 31 August 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
1,685 
(1,870)
Trade debtors
9,196 
6,390 
Other debtors
928 
(925)
11,809 
3,595 
Amounts falling due after more than one year
Other debtors
617 
650 
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 
Other creditors
607 
585 
Accruals
1,795 
1,575 
41,146 
36,963 
7
Average number of employees
During the year the average number of employees was 5 (2023: 3).
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