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REGISTERED NUMBER: 02718475 (England and Wales)













Unaudited Financial Statements

for the Year Ended 31 December 2023

for

Intelligent Business Strategies Ltd

Intelligent Business Strategies Ltd (Registered number: 02718475)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Intelligent Business Strategies Ltd

Company Information
for the Year Ended 31 December 2023







DIRECTORS: Mrs L Ferguson
M J Ferguson





SECRETARY: Mrs L Ferguson





REGISTERED OFFICE: Suite 1 Armcon Business Park
London Road South
Poynton
Stockport
Cheshire
SK12 1LQ





REGISTERED NUMBER: 02718475 (England and Wales)





ACCOUNTANTS: Nolan James Ltd
Chartered Accountants
Suite 1 Armcon Business Park
London Road South
Poynton
Stockport
Cheshire
SK12 1LQ

Intelligent Business Strategies Ltd (Registered number: 02718475)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 25 120
Investment property 5 247,395 247,395
247,420 247,515

CURRENT ASSETS
Debtors 6 22,331 68,586
Cash at bank 754,612 726,408
776,943 794,994
CREDITORS
Amounts falling due within one year 7 56,519 120,019
NET CURRENT ASSETS 720,424 674,975
TOTAL ASSETS LESS CURRENT
LIABILITIES

967,844

922,490

CAPITAL AND RESERVES
Called up share capital 12 12
Retained earnings 967,832 922,478
SHAREHOLDERS' FUNDS 967,844 922,490

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

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

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

The financial statements were approved by the Board of Directors and authorised for issue on 13 September 2024 and were signed on its behalf by:



M J Ferguson - Director


Intelligent Business Strategies Ltd (Registered number: 02718475)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Intelligent Business Strategies 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. ACCOUNTING POLICIES

Basis of preparing the financial statements
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. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

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 the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery etc - 33% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023
and 31 December 2023 16,006
DEPRECIATION
At 1 January 2023 15,886
Charge for year 95
At 31 December 2023 15,981
NET BOOK VALUE
At 31 December 2023 25
At 31 December 2022 120

Intelligent Business Strategies Ltd (Registered number: 02718475)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2023
and 31 December 2023 247,395
NET BOOK VALUE
At 31 December 2023 247,395
At 31 December 2022 247,395

Fair value at 31 December 2023 is represented by:
£   
Cost 247,395

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 21,471 67,699
Other debtors 860 887
22,331 68,586

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 44 815
Taxation and social security 21,647 35,183
Other creditors 34,828 84,021
56,519 120,019