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REGISTERED NUMBER: 10889637 (England and Wales)










Unaudited Financial Statements

for the Year Ended 31 July 2024

for

Ivy Real Estate Group Ltd

Ivy Real Estate Group Ltd (Registered number: 10889637)






Contents of the Financial Statements
for the Year Ended 31 July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Ivy Real Estate Group Ltd

Company Information
for the Year Ended 31 July 2024







DIRECTOR: Mr L Hunter





REGISTERED OFFICE: 3 Linenhall Place
Chester
Cheshire
CH1 2LP





REGISTERED NUMBER: 10889637 (England and Wales)





ACCOUNTANTS: Haines Watts
Military House
24 Castle Street
Chester
Cheshire
CH1 2DS

Ivy Real Estate Group Ltd (Registered number: 10889637)

Balance Sheet
31 July 2024

31.7.24 31.7.23
Notes £    £    £   
FIXED ASSETS
Investment property 4 565,810 565,810

CURRENT ASSETS
Debtors 5 28,133 48,334
Cash at bank and in hand 7 524
28,140 48,858
CREDITORS
Amounts falling due within one year 6 252,430 268,486
NET CURRENT LIABILITIES (224,290 ) (219,628 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

341,520

346,182

CREDITORS
Amounts falling due after more than one
year

7

274,851

287,934
NET ASSETS 66,669 58,248

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 66,668 58,247
SHAREHOLDERS' FUNDS 66,669 58,248

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Ivy Real Estate Group Ltd (Registered number: 10889637)

Balance Sheet - continued
31 July 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 31 March 2025 and were signed by:





Mr L Hunter - Director


Ivy Real Estate Group Ltd (Registered number: 10889637)

Notes to the Financial Statements
for the Year Ended 31 July 2024

1. STATUTORY INFORMATION

Ivy Real Estate Group Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements are presented in sterling which is the functional currency of the company, rounded to the nearest £1.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 August 2023
and 31 July 2024 565,810
NET BOOK VALUE
At 31 July 2024 565,810
At 31 July 2023 565,810

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Other debtors 28,133 48,334

Ivy Real Estate Group Ltd (Registered number: 10889637)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Taxation and social security 4,877 2,901
Other creditors 247,553 265,585
252,430 268,486

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.7.24 31.7.23
£    £   
Bank loans 274,851 287,934

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans 274,851 287,934