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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
2015 
2014 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,000 
1,500 
Investments
3
1 
- 
1,001 
1,500 
Current assets
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 
Reserves
4
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
- 2 -
IVAORG Limited Notes to the Abbreviated Accounts for the year ended 31 December 2015
1
Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
Going concern
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
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.