Company Registration No. 12191369 (England and Wales)
IBAA LTD
Unaudited accounts
for the year ended 30 September 2023
IBAA LTD
Unaudited accounts
Contents
IBAA LTD
Company Information
for the year ended 30 September 2023
Directors
Ahmed Adam OSMAN
Yousif Osman Abdalla ELNAZIR
Company Number
12191369 (England and Wales)
Registered Office
125 CITY ROAD
CARDIFF
CF24 3BP
WALES
IBAA LTD
Statement of financial position
as at 30 September 2023
Tangible assets
30,291
27,760
Cash at bank and in hand
350
850
Creditors: amounts falling due within one year
(2,298)
(2,376)
Net current liabilities
(1,948)
(1,526)
Total assets less current liabilities
28,343
26,234
Creditors: amounts falling due after more than one year
(26,977)
(25,500)
Called up share capital
2
2
Profit and loss account
1,364
732
Shareholders' funds
1,366
734
For the year ending 30 September 2023 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 17 September 2024 and were signed on its behalf by
Ahmed Adam OSMAN
Director
Company Registration No. 12191369
IBAA LTD
Notes to the Accounts
for the year ended 30 September 2023
IBAA LTD is a private company, limited by shares, registered in England and Wales, registration number 12191369. The registered office is 125 CITY ROAD, CARDIFF, CF24 3BP, WALES.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Motor vehicles
At 30 September 2023
20,910
Charge for the year
(2,531)
At 30 September 2023
(9,381)
At 30 September 2023
30,291
At 30 September 2022
27,760
5
Creditors: amounts falling due within one year
2023
2022
Trade creditors
2,150
2,322
Taxes and social security
148
54
IBAA LTD
Notes to the Accounts
for the year ended 30 September 2023
6
Creditors: amounts falling due after more than one year
2023
2022
Loans from directors
26,977
25,500
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).