Abbreviated Company Accounts - IVYARCH LIMITED

01424930 IVYARCH LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 01424930 2015-04-01 2016-03-31 01424930 2016-03-31 01424930 2015-03-31 01424930 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 01424930 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number 01424930

IVYARCH LIMITED

Abbreviated Accounts

31 March 2016

IVYARCH LIMITED Registered Number 01424930

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	1,000	1,000
		1,000	1,000
Current assets
Debtors		3,546	4,432
Cash at bank and in hand		1,587	1,781
		5,133	6,213
Creditors: amounts falling due within one year		(899)	(885)
Net current assets (liabilities)		4,234	5,328
Total assets less current liabilities		5,234	6,328
Total net assets (liabilities)		5,234	6,328
Capital and reserves
Called up share capital	3	4	4
Other reserves		2,464	2,002
Profit and loss account		2,766	4,322
Shareholders' funds		5,234	6,328

For the year ending 31 March 2016 the company was entitled to exemption 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.

Approved by the Board on 16 December 2016

And signed on their behalf by:
P A J Phillips, Director

IVYARCH LIMITED Registered Number 01424930

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective January 2015.

Turnover policy
Under the terms of the leases of flats in the property each leaseholder is responsible to pay a proportion of maintenance and other costs, including insurance. Service charges represent the total of estimated amount recoverable from leasees for the year and the difference between these and actual expenditure incurred is included in general reserves and will be reflected in future service charges. The company has waived the collection of ground rents due in the year.

Tangible assets depreciation policy
No depreciation is provided on the freehold interest in the property and, in the opinion of the directors, it is not appropriate to place a value thereon as it is held for the long-term benefit of the members and not for its investment potential.

2Tangible fixed assets

	£
Cost
At 1 April 2015	1,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	1,000
Depreciation
At 1 April 2015	-
Charge for the year	-
On disposals	-
At 31 March 2016	-
Net book values
At 31 March 2016	1,000
At 31 March 2015	1,000

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
4 Ordinary shares of £1 each	4	4