IVAF HOLDING A LTD - Accounts to registrar (filleted)

REGISTERED NUMBER: 11723233 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

IVAF HOLDING A LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J G Hynes

REGISTERED OFFICE:

3A Bowes Road

MIDDLESBROUGH

TS2 1LU

REGISTERED NUMBER:

11723233 (England and Wales)

ACCOUNTANTS:

Clive Owen LLP

Chartered Accountants

140 Coniscliffe Road

DARLINGTON

Co Durham

DL3 7RT

FIXED ASSETS

Investments

4

1,668,577

1,581,725

CURRENT ASSETS

Debtors

5

245

8,659

Cash at bank

2,811

2,798

3,056

11,457

CREDITORS

Amounts falling due within one year

6

16,545

3,738

NET CURRENT (LIABILITIES)/ASSETS

(13,489

)

7,719

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,655,088

1,589,444

CREDITORS

Amounts falling due after more than one
year

7

224,277

117,425

NET ASSETS

1,430,811

1,472,019

CAPITAL AND RESERVES

Called up share capital

8

2

Share premium

774,298

Retained earnings

656,511

697,719

SHAREHOLDERS' FUNDS

1,430,811

1,472,019

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

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 23 September 2025 and were signed by:

J G Hynes - Director

1.	STATUTORY INFORMATION

IVAF HOLDING A 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.

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.

Preparation of consolidated financial statements

The financial statements contain information about IVAF HOLDING A LTD as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group, nor transactions conducted at a market rate.

Turnover

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

Turnover includes revenue from the provision of services.

Turnover is recognised when the conditions contained within a contract for services have been met.

Other income recognition

Dividend income is recognised when the right to receive payment is established.

Investments in subsidiaries and associates

Investments in subsidiary and associate undertakings are stated at cost less provision for any impairment in value. Impairment losses are recognised in the profit and loss account.

Financial instruments

Basic financial instruments are recognised at amortised cost with changes recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred 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 or deferred 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

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

4.	FIXED ASSET INVESTMENTS

Shares in

Interest

group

in

undertakings

associate

Totals

£

COST

At 1 January 2024

1,581,725

-

1,581,725

Additions

-

86,852

At 31 December 2024

1,581,725

86,852

1,668,577

NET BOOK VALUE

At 31 December 2024

1,581,725

86,852

1,668,577

At 31 December 2023

1,581,725

-

1,581,725

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

Prepayments

245

8,659

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

Taxation and social security

15,045

3,738

Accruals and deferred income

1,500

-

16,545

3,738

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2024

2023

£

Amounts owed to group undertakings

224,277

117,425

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

2

Ordinary

£1

2