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REGISTERED NUMBER: 07705556 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 JULY 2023

FOR

INTELLIGENT BUSINESS RULES LTD.

INTELLIGENT BUSINESS RULES LTD. (REGISTERED NUMBER: 07705556)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


INTELLIGENT BUSINESS RULES LTD.

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2023







DIRECTORS: Mr I B Gounda
Mrs A Sofi





REGISTERED OFFICE: 4th Floor
Radius House
51 Clarendon Road
Watford
Hertfordshire
WD17 1HP





REGISTERED NUMBER: 07705556 (England and Wales)





ACCOUNTANTS: JSA Services Limited
4th Floor
Radius House
51 Clarendon Road
Watford
Hertfordshire
WD17 1HP

INTELLIGENT BUSINESS RULES LTD. (REGISTERED NUMBER: 07705556)

ABRIDGED BALANCE SHEET
31 JULY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 1,433 1,292

CURRENT ASSETS
Debtors 41,781 47,030
Cash at bank 36,607 43,740
78,388 90,770
CREDITORS
Amounts falling due within one year 30,578 51,744
NET CURRENT ASSETS 47,810 39,026
TOTAL ASSETS LESS CURRENT
LIABILITIES

49,243

40,318

CAPITAL AND RESERVES
Called up share capital 6 2 2
Retained earnings 49,241 40,316
SHAREHOLDERS' FUNDS 49,243 40,318

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

INTELLIGENT BUSINESS RULES LTD. (REGISTERED NUMBER: 07705556)

ABRIDGED BALANCE SHEET - continued
31 JULY 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 July 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 March 2024 and were signed on its behalf by:





Mr I B Gounda - Director


INTELLIGENT BUSINESS RULES LTD. (REGISTERED NUMBER: 07705556)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023


1. STATUTORY INFORMATION

Intelligent Business Rules Ltd. is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 1 ) .

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 August 2022 5,130
Additions 1,180
At 31 July 2023 6,310
DEPRECIATION
At 1 August 2022 3,838
Charge for year 1,039
At 31 July 2023 4,877
NET BOOK VALUE
At 31 July 2023 1,433
At 31 July 2022 1,292

INTELLIGENT BUSINESS RULES LTD. (REGISTERED NUMBER: 07705556)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023


6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
2 Ordinary £1 2 2

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 July 2023 and 31 July 2022:

2023 2022
£    £   
Mr I B Gounda
Balance outstanding at start of year 8,736 1,018
Amounts advanced 95,075 19,179
Amounts repaid (65,081 ) (11,461 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 38,730 8,736

Mrs A Sofi
Balance outstanding at start of year - -
Amounts advanced 2,095 -
Amounts repaid (2,277 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (182 ) -