ITBC CONSULTING LIMITED

Company Registration Number:
SC495957 (Scotland)

Unaudited statutory accounts for the year ended 31 January 2024

Period of accounts

Start date: 01 February 2023

End date: 31 January 2024

ITBC CONSULTING LIMITED

Contents of the Financial Statements

for the Period Ended 31 January 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

ITBC CONSULTING LIMITED

Company Information

for the Period Ended 31 January 2024




Director: Abayomi Ajose
Registered office: 272
Bath Street
Glasgow
GB-SCT
G2 4JR
Company Registration Number: SC495957 (Scotland)

ITBC CONSULTING LIMITED

Directors' Report Period Ended 31 January 2024

The directors present their report with the financial statements of the company for the period ended 31 January 2024

Directors

The directors shown below have held office during the whole of the period from 01 February 2023 to 31 January 2024
Abayomi Ajose

This report was approved by the board of directors on 30 October 2024
And Signed On Behalf Of The Board By:

Name: Abayomi Ajose
Status: Director

ITBC CONSULTING LIMITED

Profit and Loss Account

for the Period Ended 31 January 2024


Notes

2024
£

2023
£
Turnover 35,666 139,320
Cost of sales ( 9,350 ) ( 60,350 )
Gross Profit or (Loss) 26,316 78,970
Administrative Expenses ( 26,046 ) ( 59,607 )
Operating Profit or (Loss) 270 19,363
Profit or (Loss) Before Tax 270 19,363
Tax on Profit ( 203 ) ( 3,831 )
Profit or (Loss) for Period 67 15,532

The notes form part of these financial statements

ITBC CONSULTING LIMITED

Balance sheet

As at 31 January 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 22,845 23,645
Total fixed assets: 22,845 23,645
Current assets
Cash at bank and in hand: 15,584 25,497
Total current assets: 15,584 25,497
Creditors: amounts falling due within one year: 5 ( 21,439 ) ( 31,552 )
Net current assets (liabilities): ( 5,855 ) ( 6,055 )
Total assets less current liabilities: 16,990 17,590
Creditors: amounts falling due after more than one year: 6 ( 16,889 ) ( 17,556 )
Total net assets (liabilities): 101 34

The notes form part of these financial statements

ITBC CONSULTING LIMITED

Balance sheet continued

As at 31 January 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 100 33
Shareholders funds: 101 34

For the year ending 31 January 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.

This report was approved by the board of directors on 30 October 2024
And Signed On Behalf Of The Board By:

Name: Abayomi Ajose
Status: Director

The notes form part of these financial statements

ITBC CONSULTING LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

ITBC CONSULTING LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 0 0

ITBC CONSULTING LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 3. Off balance sheet disclosure

    No

ITBC CONSULTING LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

4. Tangible assets

Office equipment Total
Cost £ £
At 01 February 2023 25,245 25,245
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 January 2024 25,245 25,245
Depreciation
At 01 February 2023 1,600 1,600
Charge for year 800 800
On disposals - -
Other adjustments - -
At 31 January 2024 2,400 2,400
Net book value
At 31 January 2024 22,845 22,845
At 31 January 2023 23,645 23,645

ITBC CONSULTING LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

5.Creditors: amounts falling due within one year note


2024
£

2023
£
Taxation and social security 203 6,915
Other creditors 21,236 24,637
Total 21,439 31,552

ITBC CONSULTING LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

6.Creditors: amounts falling due after more than one year


2024
£

2023
£
Bank loans and overdrafts 16,889 17,556
Total 16,889 17,556