If Statement Syntax error 1064

I want to test a field value and alter a append a field to another table if the result of the test is true.

I dont want to create a procedure etc its a one off script I just want to pass it and its done with. But I get a 1064 error on the 'IF' int the statement bellow.

DELIMITER $$
IF 2 > (Select `Version` FROM `timecard`.`versionControl` WHERE `Table` = 'Employee') then
    ALTER TABLE `timecard`.`Employee`                     
      ADD COLUMN IPAddr VARCHAR(16) NULL AFTER PWord;   

    Update `timecard`.`VersionControl`   
      Set .`Version` = 2
      where `Table` = 'Employee';
  END IF $$     

DELIMITER ;