Company Registration No. 08560305 (England and Wales)
IVAORG Limited
Abbreviated unaudited accounts
for the year ended 31 December 2015
IVAORG Limited
Abbreviated Balance Sheet
as at
31 December 2015
Tangible assets
1,000
1,500
Cash at bank and in hand
9,392
13,607
Creditors: amounts falling due within one year
(21,043)
(7,239)
Net current (liabilities)/assets
(11,651)
6,368
Net (liabilities)/assets
(10,650)
7,868
Profit and loss account
(10,650)
7,868
Members' funds
(10,650)
7,868
For the year ending 31 December 2015 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 in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Approved by the board on 30 December 2016
Iain Michael David Wrenshall
Director
Company Registration No. 08560305
IVAORG Limited
Notes to the Abbreviated Accounts
for the year ended 31 December 2015
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
The accounts have been prepared on a going concern basis. The assumption may not be valid as at the balance sheet date the company has net liabilities of £10,650. The validity of the going concern assumption therefore depends on the continued support of the directors, suppliers and the companies bankers and other providers of finance.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% Straight Line
At 31 December 2015
2,000
At 31 December 2015
1,000
At 31 December 2015
1,000
At 31 December 2014
1,500
4
Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.