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Company Registration No. 13501203 (England and Wales)
IREIBUS LTD Unaudited accounts for the year ended 30 April 2024
IREIBUS LTD Unaudited accounts Contents
Page
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IREIBUS LTD Company Information for the year ended 30 April 2024
Director
Ruslans Sorockins
Company Number
13501203 (England and Wales)
Registered Office
99 Bowhill Way Harlow Essex CM20 1FJ England
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IREIBUS LTD Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
14,090 
2,195 
Current assets
Debtors
625 
- 
Cash at bank and in hand
9,481 
36,507 
10,106 
36,507 
Creditors: amounts falling due within one year
(8,369)
(12,044)
Net current assets
1,737 
24,463 
Net assets
15,827 
26,658 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
15,727 
26,558 
Shareholders' funds
15,827 
26,658 
For the year ending 30 April 2024 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 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 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 and authorised for issue on 7 October 2024 and were signed on its behalf by
Ruslans Sorockins Director Company Registration No. 13501203
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IREIBUS LTD Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
IREIBUS LTD is a private company, limited by shares, registered in England and Wales, registration number 13501203. The registered office is 99 Bowhill Way, Harlow, Essex, CM20 1FJ, England.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
20% Straight Line Basis
Computer equipment
20% Straight Line Basis
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
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IREIBUS LTD Notes to the Accounts for the year ended 30 April 2024
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 May 2023
1,942 
- 
421 
2,363 
Additions
- 
15,559 
- 
15,559 
Disposals
(468)
- 
- 
(468)
At 30 April 2024
1,474 
15,559 
421 
17,454 
Depreciation
At 1 May 2023
- 
- 
168 
168 
Charge for the year
- 
3,112 
84 
3,196 
At 30 April 2024
- 
3,112 
252 
3,364 
Net book value
At 30 April 2024
1,474 
12,447 
169 
14,090 
At 30 April 2023
1,942 
- 
253 
2,195 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Other debtors
625 
- 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
8,299 
12,044 
Loans from directors
70 
- 
8,369 
12,044 
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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