IBJ SECURITY SOLUTION LTD

Company Registration Number:
11793866 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 March 2023

End date: 31 December 2023

IBJ SECURITY SOLUTION LTD

Contents of the Financial Statements

for the Period Ended 31 December 2023

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

IBJ SECURITY SOLUTION LTD

Company Information

for the Period Ended 31 December 2023




Director: Bartosz Jakub Switala
Registered office: Office 56
Mill Mead Business Centre
Mill Mead Road
London
South Tottenham
GBR
N17 9QU
Company Registration Number: 11793866 (England and Wales)

IBJ SECURITY SOLUTION LTD

Directors' Report Period Ended 31 December 2023

The directors present their report with the financial statements of the company for the period ended 31 December 2023

Principal Activities

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.

Political and charitable donations

No contributions to political organizations nor charitable donations were made during the year.

Company policy on the employment of disabled persons

It is the company’s policy to give employment to disabled persons wherever practicable. At present, with regret, none of our fulltime/part time staff is registered disabled but whenever required we are looking forward to entrusting professional support in a variety of business-related fields to disabled freelancers.

Additional information

The accounts do not include a cash flow statement because the company as a small reporting entity is exempt from the requirement to prepare such a statement.

Directors

The directors shown below have held office during the whole of the period from 01 March 2023 to 31 December 2023
Bartosz Jakub Switala

This report was approved by the board of directors on 29 November 2024
And Signed On Behalf Of The Board By:

Name: Bartosz Jakub Switala
Status: Director

IBJ SECURITY SOLUTION LTD

Profit and Loss Account

for the Period Ended 31 December 2023


Notes
10 months to
31 Dec 2023
£

2023
£
Turnover 314,934 311,546
Cost of sales ( 264,518 ) ( 210,295 )
Gross Profit or (Loss) 50,416 101,251
Administrative Expenses ( 44,234 ) ( 86,510 )
Operating Profit or (Loss) 6,182 14,741
Interest Payable and Similar Charges ( 147 ) -
Profit or (Loss) Before Tax 6,035 14,741
Profit or (Loss) for Period 6,035 14,741

The notes form part of these financial statements

IBJ SECURITY SOLUTION LTD

Balance sheet

As at 31 December 2023


Notes
10 months to
31 Dec 2023
£

2023
£
Fixed assets
Total fixed assets: - -
Current assets
Cash at bank and in hand: 48,827 56,905
Total current assets: 48,827 56,905
Net current assets (liabilities): 48,827 56,905
Total assets less current liabilities: 48,827 56,905
Creditors: amounts falling due after more than one year: 4 ( 32,165 ) ( 41,164 )
Provision for liabilities: ( 9,627 )
Total net assets (liabilities): 7,035 15,741

The notes form part of these financial statements

IBJ SECURITY SOLUTION LTD

Balance sheet continued

As at 31 December 2023


Notes
10 months to
31 Dec 2023
£

2023
£
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 6,035 14,741
Shareholders funds: 7,035 15,741

For the year ending 31 December 2023 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 29 November 2024
And Signed On Behalf Of The Board By:

Name: Bartosz Jakub Switala
Status: Director

The notes form part of these financial statements

IBJ SECURITY SOLUTION LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 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

    Turnover policy

    The turnover shown in the profit and loss account represents revenue recognized by the company in respect of services supplied during the period, exclusive of Value Added Tax and trade discounts.

    Tangible fixed assets depreciation policy

    Depreciation on tangible assets hasn't been applied in the following period.

    Intangible fixed assets amortisation policy

    Amortization on intangible fixed assets hasn't occurred in this accounting period.

    Other accounting policies

    Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account. Sterling, US Dollar, Polish Zloty. The impact of the above currencies has been considered generally by the company. Income earned in a currency other than Sterling was subjected to conversion to the British Pound at the exchange rate of the day on which payment was made and through the platform assisting with such exchange. Any costs associated with the operation of currency exchange of funds from foreign currency to the British Pound have been recorded as interest payable or banking charges.

IBJ SECURITY SOLUTION LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees

    10 months to
    31 Dec 2023

    2023
    Average number of employees during the period 7 5

IBJ SECURITY SOLUTION LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 3. Off balance sheet disclosure

    No

IBJ SECURITY SOLUTION LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

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

10 months to
31 Dec 2023
£

2023
£
Bank loans and overdrafts 27,165 36,164
Other creditors 5,000 5,000
Total 32,165 41,164

BBLS Reconciliation and other commercial credit line.