Company Registration No. 11239908 (England and Wales)
IVANOV BUILDING & DECORATING LTD
Unaudited accounts
for the year ended 31 March 2022
IVANOV BUILDING & DECORATING LTD
Unaudited accounts
Contents
IVANOV BUILDING & DECORATING LTD
Company Information
for the year ended 31 March 2022
Director
Ivaylo Todorov Ivanov
Company Number
11239908 (England and Wales)
Registered Office
34 MILTON ROAD RADCLIFFE
MANCHESTER
M26 3QT
ENGLAND
Accountants
DoKument Ltd
Office 1
37 Marsh Parade
Newcastle-under-Lyme
Staffordshire
ST5 1BT
IVANOV BUILDING & DECORATING LTD
Statement of financial position
as at 31 March 2022
Tangible assets
18,481
9,380
Cash at bank and in hand
13,256
21,124
Creditors: amounts falling due within one year
(1,978)
(1,581)
Net current assets
11,278
21,452
Total assets less current liabilities
29,759
30,832
Creditors: amounts falling due after more than one year
(23,674)
(20,000)
Called up share capital
1
1
Profit and loss account
6,084
10,831
Shareholders' funds
6,085
10,832
For the year ending 31 March 2022 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 26 July 2022 and were signed on its behalf by
Ivaylo Todorov Ivanov
Director
Company Registration No. 11239908
IVANOV BUILDING & DECORATING LTD
Notes to the Accounts
for the year ended 31 March 2022
IVANOV BUILDING & DECORATING LTD is a private company, limited by shares, registered in England and Wales, registration number 11239908. The registered office is 34 MILTON ROAD RADCLIFFE, MANCHESTER, M26 3QT, ENGLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
5% Reducing balance
Motor vehicles
10% Reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 April 2021
4,280
6,000
10,280
At 31 March 2022
4,280
18,000
22,280
At 1 April 2021
300
600
900
Charge for the year
199
2,700
2,899
At 31 March 2022
499
3,300
3,799
At 31 March 2022
3,781
14,700
18,481
At 31 March 2021
3,980
5,400
9,380
5
Debtors: amounts falling due within one year
2022
2021
IVANOV BUILDING & DECORATING LTD
Notes to the Accounts
for the year ended 31 March 2022
6
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
4,000
-
Obligations under finance leases and hire purchase contracts
4,381
-
Taxes and social security
4,961
180
Loans from directors
(17,296)
-
7
Creditors: amounts falling due after more than one year
2022
2021
Obligations under finance leases and hire purchase contracts
8,195
-
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
As at 31 March 2022 the director of the company owed £ 17296 to the company in respect of interest free loan, which is repayable on demand.
10
Average number of employees
During the year the average number of employees was 0 (2021: 0).
