Acorah Software Products - Accounts Production 15.0.500 false true 31 July 2020 1 August 2019 false 1 August 2020 31 July 2021 31 July 2021 08137997 Mr Fabrizio PURIFICATO iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08137997 2020-07-31 08137997 2021-07-31 08137997 2020-08-01 2021-07-31 08137997 frs-core:CurrentFinancialInstruments 2021-07-31 08137997 frs-core:ShareCapital 2021-07-31 08137997 frs-core:RetainedEarningsAccumulatedLosses 2021-07-31 08137997 frs-bus:PrivateLimitedCompanyLtd 2020-08-01 2021-07-31 08137997 frs-bus:FilletedAccounts 2020-08-01 2021-07-31 08137997 frs-bus:SmallEntities 2020-08-01 2021-07-31 08137997 frs-bus:AuditExempt-NoAccountantsReport 2020-08-01 2021-07-31 08137997 frs-bus:SmallCompaniesRegimeForAccounts 2020-08-01 2021-07-31 08137997 frs-core:CostValuation 2020-07-31 08137997 frs-core:DisposalsRepaymentsInvestments 2021-07-31 08137997 frs-core:CostValuation 2021-07-31 08137997 frs-core:ProvisionsForImpairmentInvestments 2020-07-31 08137997 frs-core:ProvisionsForImpairmentInvestments 2021-07-31 08137997 frs-bus:Director1 2020-08-01 2021-07-31 08137997 frs-countries:EnglandWales 2020-08-01 2021-07-31 08137997 2019-07-31 08137997 2020-07-31 08137997 2019-08-01 2020-07-31 08137997 frs-core:CurrentFinancialInstruments 2020-07-31 08137997 frs-core:ShareCapital 2020-07-31 08137997 frs-core:RetainedEarningsAccumulatedLosses 2020-07-31
Registered number: 08137997
I.B.C. International Brokerage Company Ltd
Unaudited Financial Statements
For The Year Ended 31 July 2021
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3
Page 1
Balance Sheet
Registered number: 08137997
2021 2020
Notes £ £ £ £
FIXED ASSETS
Investments 4 - 104,130
- 104,130
CURRENT ASSETS
Debtors 5 70,575 70,575
Cash at bank and in hand 38,445 2,855
109,020 73,430
Creditors: Amounts Falling Due Within One Year 6 (354,806 ) (321,768 )
NET CURRENT ASSETS (LIABILITIES) (245,786 ) (248,338 )
TOTAL ASSETS LESS CURRENT LIABILITIES (245,786 ) (144,208 )
NET LIABILITIES (245,786 ) (144,208 )
CAPITAL AND RESERVES
Called up share capital 7 1 1
Profit and Loss Account (245,787 ) (144,209 )
SHAREHOLDERS' FUNDS (245,786) (144,208)
Page 1
Page 2
For the year ending 31 July 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Fabrizio PURIFICATO
Director
16/08/2024
The notes on page 3 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
I.B.C. International Brokerage Company Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08137997 . The registered office is Unit 3, 1st Floor 6/7 St. Mary At Hill, London, EC3R 8EE.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Foreign Currencies
Monetary 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 ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2020: 1)
1 1
4. Investments
Other
£
Cost
As at 1 August 2020 104,130
Disposals (104,130 )
As at 31 July 2021 -
Provision
As at 1 August 2020 -
As at 31 July 2021 -
Net Book Value
As at 31 July 2021 -
As at 1 August 2020 104,130
5. Debtors
2021 2020
£ £
Due within one year
Other debtors 70,575 70,575
6. Creditors: Amounts Falling Due Within One Year
2021 2020
£ £
Trade creditors 18,038 20,000
Other creditors 336,768 301,768
354,806 321,768
7. Share Capital
2021 2020
£ £
Allotted, Called up and fully paid 1 1
Page 3