08002420falsethe provision of direct payment support services2022-04-012023-03-31http://www.companieshouse.gov.uk/2022-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2022-03-31http://www.companieshouse.gov.uk/cd:Director12022-04-012023-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-03-31http://www.companieshouse.gov.uk/cd:Director22022-04-012023-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2022-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12022-04-012023-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2023-03-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2022-04-012023-03-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2022-04-012023-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2022-03-31http://www.companieshouse.gov.uk/2022-04-012023-03-31http://www.companieshouse.gov.uk/2022-03-31http://www.companieshouse.gov.uk/cd:FRS1022022-04-012023-03-31http://www.companieshouse.gov.uk/2023-03-31http://www.companieshouse.gov.uk/cd:FullAccounts2022-04-012023-03-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2022-04-012023-03-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 08002420

ILBP Limited

FILLETED UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31/03/2023

Prepared By:
Gibsons Accountants Ltd
Chartered Accountants
226 Oldham Road
Rochdale
Lancashire
OL11 2ER

ILBP Limited

UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31/03/2023
DIRECTORS
JE Travis
J Fell (appointed 31/03/2023)
REGISTERED OFFICE
226 Oldham Road
The Deva Centre
Rochdale
Lancashire
OL11 2ER
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 08002420
ACCOUNTANTS
Gibsons Accountants Ltd
Chartered Accountants
226 Oldham Road
Rochdale
Lancashire
OL11 2ER

ILBP Limited

UNAUDITED FINANCIAL STATEMENTS
FOR THEYEARENDED31/03/2023
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

ILBP Limited

BALANCE SHEET AT 31/03/2023
20232022
Notes££
FIXED ASSETS
Tangible assets31,399716
CURRENT ASSETS
Debtors413,66738,385
Cash at bank and in hand169,50876,985
183,175115,370
CREDITORS: Amounts falling due within one year551,20231,646
NET CURRENT ASSETS131,97383,724
TOTAL ASSETS LESS CURRENT LIABILITIES133,37284,440
CREDITORS: Amounts falling due after more than one year619,76928,600
PROVISIONS FOR LIABILITIES AND CHARGES7620136
NET ASSETS112,98355,704
CAPITAL AND RESERVES
Called up share capital8100100
Profit and loss account112,88355,604
SHAREHOLDERS' FUNDS112,98355,704
For the year ending 31/03/2023 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 21/08/2023 and signed on their behalf by
.............................
JE Travis
Director

ILBP Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/03/2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Equipmentreducing balance 25%
1c. Taxation
Taxation represents the sum of tax currently payable and deferred tax. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
1e. Revenue Recognition
Revenue is measured at the fair value of the consideration received or receivable. Revenue from the sale of services is recognised when the services have been invoiced.
2. EMPLOYEES
20232022
No.No.
Average number of employees88

ILBP Limited

3. TANGIBLE FIXED ASSETS
EquipmentTotal
££
Cost
At 01/04/20223,5103,510
Additions1,1501,150
At 31/03/20234,6604,660
Depreciation
At 01/04/20222,7942,794
For the year467467
At 31/03/20233,2613,261
Net Book Amounts
At 31/03/20231,3991,399
At 31/03/2022716716
4. DEBTORS 20232022
££
Amounts falling due within one year
PAYE control-2,262
Other debtors - employee loan9955,439
Amounts due from IBS managed Account Ltd3535
Amounts due from ILBP Support Ltd12,00018,000
Amounts due from ILBP Provider Ltd-12,000
Prepayments637649
13,66738,385
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
UK corporation tax12,08815,255
VAT27,0855,032
Salaries and wages control-59
Pension creditor-378
Directors current account - J Travis348348
Bank Loan8,0678,067
Other creditors - client money2,2141,107
Accruals1,4001,400
51,20231,646

ILBP Limited

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20232022
££
Bank loans (unsecured) >1 year19,76928,600
19,76928,600
7. PROVISIONS FOR LIABILITIES 20232022
££
Deferred taxation620136
620136
8. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
100100
9. CONTROLLING PARTY
The company is controlled by JE Travis (director) and her close family who own 80% of the issued share capital.