Ivor Harvey Ltd - Accounts to registrar (filleted) - small 22.3

REGISTERED NUMBER: 12143619 (England and Wales)

IVOR HARVEY LTD

PREVIOUSLY KNOWN AS

ACRUNA 2 LIMITED

Unaudited Financial Statements

for the Period

1 September 2020 to 29 August 2021

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

P Tedstone

REGISTERED OFFICE:

The Old Police Station High Street

Newbridge

Newport

NP11 4FW

REGISTERED NUMBER:

12143619 (England and Wales)

ACCOUNTANTS:

O'Brien and Partners

Accountants & Business Advisors

Highdale House

7 Centre Court

Treforest Industrial Estate

Pontypridd

Rhondda Cynon Taff

CF37 5YR

FIXED ASSETS

Tangible assets

4

11,119

13,420

Investment property

5

385,000

201,156

396,119

214,576

CURRENT ASSETS

Debtors

6

100

100

CREDITORS

Amounts falling due within one year

7

217,706

217,106

NET CURRENT LIABILITIES

(217,606

)

(217,006

)

TOTAL ASSETS LESS CURRENT LIABILITIES

178,513

(2,430

)

CAPITAL AND RESERVES

Called up share capital

100

100

Revaluation reserve

8

183,844

-

Retained earnings

(5,431

)

(2,530

)

178,513

(2,430

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 29 August 2021.

The members have not required the company to obtain an audit of its financial statements for the period ended 29 August 2021 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 March 2023 and were signed by:

P Tedstone - Director

1.	STATUTORY INFORMATION

Ivor Harvey 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 as modified by the revaluation of certain assets.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

15% on cost

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 period comprises current and deferred tax. Tax is recognised in the Income Statement, 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 period 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 period was NIL (2020 - NIL).

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 September 2020

and 29 August 2021

15,337

DEPRECIATION

At 1 September 2020

1,917

Charge for period

2,301

At 29 August 2021

4,218

NET BOOK VALUE

At 29 August 2021

11,119

At 31 August 2020

13,420

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 September 2020

201,156

Revaluations

183,844

At 29 August 2021

385,000

NET BOOK VALUE

At 29 August 2021

385,000

At 31 August 2020

201,156

Fair value at 29 August 2021 is represented by:

£

Valuation in 2021

183,844

Cost

201,156

385,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

29.8.21

31.8.20

as restated

£

£

Amounts owed by participating interests

100

100

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

29.8.21

31.8.20

as restated

£

£

Other creditors

217,706

217,106

8.

RESERVES

Revaluation

reserve

£

Revaluation reserve

183,844

At 29 August 2021

183,844