IVYHOUSE INVESTMENTS LIMITED - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 07550139 (England and Wales)

Abbreviated Unaudited Accounts

for the Year Ended 31 March 2015

for

IVYHOUSE INVESTMENTS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

AC Allen

REGISTERED OFFICE:

19 King Street

Seagrave

Loughborough

Leicestershire

LE12 7LY

REGISTERED NUMBER:

07550139 (England and Wales)

ACCOUNTANTS:

Conley Ward

1168/1170 Melton Road

Syston

Leicester

Leicestershire

LE7 2HB

FIXED ASSETS

Tangible assets

2

43,550

10,545

CURRENT ASSETS

Debtors

15,203

12,000

Investments

4,801,749

4,831,212

Cash at bank

49,210

135,401

4,866,162

4,978,613

CREDITORS

Amounts falling due within one year

101,739

24,971

NET CURRENT ASSETS

4,764,423

4,953,642

TOTAL ASSETS LESS CURRENT LIABILITIES

4,807,973

4,964,187

CREDITORS

Amounts falling due after more than one year

3,729,630

4,214,130

NET ASSETS

1,078,343

750,057

CAPITAL AND RESERVES

Called up share capital

3

100

100

Revaluation reserve

(33,672

)

37,275

Profit and loss account

1,111,915

712,682

SHAREHOLDERS' FUNDS

1,078,343

750,057

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 12 June 2015 and were signed by:

AC Allen - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

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

Plant and machinery etc

-

25% on cost

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the

balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at

the date of transaction. Exchange differences are taken into account in arriving at the operating result.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

25,000

Additions

78,067

Disposals

(45,000

)

At 31 March 2015

58,067

DEPRECIATION

At 1 April 2014

14,455

Charge for year

14,517

Eliminated on disposal

(14,455

)

At 31 March 2015

14,517

NET BOOK VALUE

At 31 March 2015

43,550

At 31 March 2014

10,545

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.15

31.3.14

value:

£

£

100

Ordinary

£1

100

100