07988968falsesocial work and support2023-04-012024-03-31http://www.companieshouse.gov.uk/2023-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-03-31http://www.companieshouse.gov.uk/cd:Director12023-04-012024-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2023-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12023-04-012024-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2024-03-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-04-012024-03-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-04-012024-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-03-31http://www.companieshouse.gov.uk/2023-04-012024-03-31http://www.companieshouse.gov.uk/2023-03-31http://www.companieshouse.gov.uk/cd:FRS1022023-04-012024-03-31http://www.companieshouse.gov.uk/2024-03-31http://www.companieshouse.gov.uk/cd:FullAccounts2023-04-012024-03-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-04-012024-03-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 07988968

ILBP Support Ltd

FILLETED UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31/03/2024

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

ILBP Support Ltd

UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31/03/2024
DIRECTORS
Mr John Fell
REGISTERED OFFICE
226 Oldham Road
Rochdale
Lancashire
OL11 2ER
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 07988968
ACCOUNTANTS
Gibsons Accountants Ltd
Chartered Accountants
226 Oldham Road
Rochdale
Lancashire
OL11 2ER

ILBP Support Ltd

UNAUDITED FINANCIAL STATEMENTS
FOR THEYEARENDED31/03/2024
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 Support Ltd

BALANCE SHEET AT 31/03/2024
20242023
Notes££
FIXED ASSETS
Tangible assets3544,034545,379
CURRENT ASSETS
Debtors51,7712,858
Cash at bank and in hand423,957143,188
425,728146,046
CREDITORS: Amounts falling due within one year6218,47473,151
NET CURRENT ASSETS207,25472,895
TOTAL ASSETS LESS CURRENT LIABILITIES751,288618,274
CREDITORS: Amounts falling due after more than one year76,54818,150
PROVISIONS FOR LIABILITIES AND CHARGES812,06011,737
NET ASSETS732,680588,387
CAPITAL AND RESERVES
Called up share capital9100100
Other reserves1045,68245,682
Profit and loss account686,898542,605
SHAREHOLDERS' FUNDS732,680588,387
For the year ending 31/03/2024 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 30/08/2024 and signed on their behalf by
.............................
Mr John Fell
Director

ILBP Support Ltd

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/03/2024
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. Investment Properties
Investment properties are included in the financial statements at open market value. No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view.
1d. 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.
1e. 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.
1f. Revenue Recognition
Revenue is measured at the fair value of the consideration received or receivable. Revenue from the sale of services is recognised when invoiced.

ILBP Support Ltd

2. EMPLOYEES
20242023
No.No.
Average number of employees44
3. TANGIBLE FIXED ASSETS
EquipmentTotal
££
Cost
At 01/04/20237,5797,579
At 31/03/20247,5797,579
Depreciation
At 01/04/20232,2002,200
For the year1,3451,345
At 31/03/20243,5453,545
Net Book Amounts
At 31/03/20244,0344,034
At 31/03/20235,3795,379
4. INVESTMENT PROPERTIES
Investment
PropertiesTotal
££
Fair value
At 01/04/2023540,000540,000
At 31/03/2024540,000540,000
The director considers the current market value of the properties at the balance sheet date to be £540,000 as per the previous year.
5. DEBTORS 20242023
££
Amounts falling due within one year
PAYE control-1,064
Salaries and wages control800-
Prepayments9711,794
1,7712,858

ILBP Support Ltd

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
UK corporation tax48,82928,707
VAT20,25112,240
PAYE control136-
Amounts due to ILBP Ltd12,00012,000
Directors current account - J Fell60,04444
Directors current account - J Travis60,04444
Bounce back loan5,5238,569
Accruals1,4001,300
Amounts due to IBS managed account ltd10,24710,247
218,47473,151
7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20242023
££
Bounce back loan >1 year6,54818,150
6,54818,150
8. PROVISIONS FOR LIABILITIES 20242023
££
Deferred taxation12,06011,737
12,06011,737
9. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
100100

ILBP Support Ltd

10. OTHER RESERVES 20242023
££
Fair value reserve45,68245,682
45,68245,682
The fair value reserve is not available for distribution.
11. CONTROLLING PARTY
The company is controlled by the directors and his close family whom between them own 100% of the issued share capital.