IVY PROPERTIES (LEICESTER) LTD


Director	Charles Cadle


Registered Address	5 Harwood Close
	Ratby
	Leicester
	LE6 0PT


Registered Number	12942223 (England and Wales)

Balance Sheet as at
31 October 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Intangible assets	3		4,800		9,600
Tangible assets	4		360,535		353,535
			365,335		363,135
Current assets
Cash at bank and on hand		12,686		90,610
		12,686		90,610
Creditors amounts falling due within one year	5	(95,795)		(166,151)
Net current assets (liabilities)			(83,109)		(75,541)
Total assets less current liabilities			282,226		287,594
Creditors amounts falling due after one year	6		(298,725)		(298,725)
Net assets			(16,499)		(11,131)
Capital and reserves
Called up share capital			2		2
Profit and loss account			(16,501)		(11,133)
Shareholders' funds			(16,499)		(11,131)

The company was entitled to exemption from audit for this reporting period 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 Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 5 July 2026, and are signed on its behalf by:

Charles Cadle
Director
Registered Company No. 12942223

IVY PROPERTIES (LEICESTER) LTD

Notes to the Financial Statements
for the year ended 31 October 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Intangible assets
	Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

2.	Average number of employees


		2025		2024
	Average number of employees during the year	2		2

3.	Intangible assets

	Other	Total
	£	£
Cost or valuation
At 01 November 24	24,000	24,000
At 31 October 25	24,000	24,000
Amortisation and impairment
At 01 November 24	14,400	14,400
Charge for year	4,800	4,800
At 31 October 25	19,200	19,200
Net book value
At 31 October 25	4,800	4,800
At 31 October 24	9,600	9,600

4.	Tangible fixed assets

	Plant & machinery	Total
	£	£
Cost or valuation
At 01 November 24	353,535	353,535
Additions	7,000	7,000
At 31 October 25	360,535	360,535
Net book value
At 31 October 25	360,535	360,535
At 31 October 24	353,535	353,535

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Taxation and social security	-	495
Other creditors	87,562	165,267
Accrued liabilities and deferred income	8,233	389
Total	95,795	166,151


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

6.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	298,725	298,725
Total	298,725	298,725