ACCOUNTS - Final Accounts preparation

Registered number: 11359874

IVERNA TRADING LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MAY 2026

IVERNA TRADING LIMITED

REGISTERED NUMBER: 11359874

STATEMENT OF FINANCIAL POSITION

AS AT 31 MAY 2026

		2026		2025
Note		£		£


Current assets
Cash at bank and in hand	4	465		772
		465		772
Creditors: amounts falling due within one year	5	(6,058)		(5,912)
Net current liabilities			(5,593)		(5,140)
Total assets less current liabilities			(5,593)		(5,140)

Net liabilities			(5,593)		(5,140)

Capital and reserves
Called up share capital	100	100
Profit and loss account	(5,693)	(5,240)
	(5,593)	(5,140)

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 9 July 2026.

M M Smith

Director

The notes on pages 2 to 3 form part of these financial statements.

Page 1

IVERNA TRADING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2026

1.	General information

Iverna Trading Limited is a private company limited by shares. Its' registered office is Crown Chambers, Bridge Street,Salisbury, SP1 2LZ

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Going concern

The financial statements have been prepared on the going concern basis. The company currently has net liabilities but the director is supprting the company and anticipates an improved financial performance in future financial periods when economic conditions improve.

2.3

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.4

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Employees

The company has no employees other than the director, who did not receive any remuneration.
The average monthly number of directors during the year was 1 (2023: 1).

4.	Cash and cash equivalents
		2026	2025
		£	£

Cash at bank and in hand	465	772
	465	772

Page 2

IVERNA TRADING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2026

5.	Creditors: Amounts falling due within one year
		2026	2025
		£	£

Other creditors	5,708	5,578
Accruals and deferred income	350	334
	6,058	5,912

Page 3