ITBC CONSULTING LIMITED

Company Registration Number:
SC495957 (Scotland)

Unaudited statutory accounts for the year ended 31 January 2023

Period of accounts

Start date: 01 February 2022

End date: 31 January 2023

ITBC CONSULTING LIMITED

Contents of the Financial Statements

for the Period Ended 31 January 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

ITBC CONSULTING LIMITED

Company Information

for the Period Ended 31 January 2023




Director: Abayomi Ajose
Registered office: 272
Bath Street
Glasgow
GB-SCT
G2 4JR
Company Registration Number: SC495957 (Scotland)

ITBC CONSULTING LIMITED

Directors' Report Period Ended 31 January 2023

The directors present their report with the financial statements of the company for the period ended 31 January 2023

Directors

The directors shown below have held office during the whole of the period from 01 February 2022 to 31 January 2023
Abayomi Ajose

This report was approved by the board of directors on 23 October 2023
And Signed On Behalf Of The Board By:

Name: Abayomi Ajose
Status: Director

ITBC CONSULTING LIMITED

Profit and Loss Account

for the Period Ended 31 January 2023


Notes

2023
£

2022
£
Turnover 139,320 46,812
Cost of sales ( 60,350 ) ( 19,875 )
Gross Profit or (Loss) 78,970 26,937
Administrative Expenses ( 59,607 ) ( 26,451 )
Operating Profit or (Loss) 19,363 486
Profit or (Loss) Before Tax 19,363 486
Tax on Profit ( 3,831 ) ( 244 )
Profit or (Loss) for Period 15,532 242

The notes form part of these financial statements

ITBC CONSULTING LIMITED

Balance sheet

As at 31 January 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 23,645 24,445
Total fixed assets: 23,645 24,445
Current assets
Cash at bank and in hand: 25,497 654
Total current assets: 25,497 654
Creditors: amounts falling due within one year: 5 ( 31,552 ) ( 18,375 )
Net current assets (liabilities): ( 6,055 ) ( 17,721 )
Total assets less current liabilities: 17,590 6,724
Creditors: amounts falling due after more than one year: 6 ( 17,556 ) ( 22,222 )
Total net assets (liabilities): 34 ( 15,498 )

The notes form part of these financial statements

ITBC CONSULTING LIMITED

Balance sheet continued

As at 31 January 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 33 ( 15,499 )
Shareholders funds: 34 ( 15,498 )

For the year ending 31 January 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.

This report was approved by the board of directors on 23 October 2023
And Signed On Behalf Of The Board By:

Name: Abayomi Ajose
Status: Director

The notes form part of these financial statements

ITBC CONSULTING LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

ITBC CONSULTING LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 0 0

ITBC CONSULTING LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 3. Off balance sheet disclosure

    No

ITBC CONSULTING LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2023

4. Tangible assets

Office equipment Total
Cost £ £
At 01 February 2022 25,245 25,245
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 January 2023 25,245 25,245
Depreciation
At 01 February 2022 800 800
Charge for year 800 800
On disposals - -
Other adjustments - -
At 31 January 2023 1,600 1,600
Net book value
At 31 January 2023 23,645 23,645
At 31 January 2022 24,445 24,445

ITBC CONSULTING LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2023

5.Creditors: amounts falling due within one year note


2023
£

2022
£
Taxation and social security 6,915 1,257
Other creditors 24,637 17,118
Total 31,552 18,375

ITBC CONSULTING LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2023

6.Creditors: amounts falling due after more than one year


2023
£

2022
£
Bank loans and overdrafts 17,556 22,222
Total 17,556 22,222