Registration number:
IBL Homes Ltd
for the Year Ended 31 May 2024
IBL Homes Ltd
Contents
Company Information |
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Balance Sheet |
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Notes to the Unaudited Financial Statements |
IBL Homes Ltd
Company Information
Directors |
Mrs Bernadette Marie Lloyd Mr Ian David Lloyd |
Registered office |
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IBL Homes Ltd
(Registration number: 10206217)
Balance Sheet as at 31 May 2024
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2023 |
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Fixed assets |
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Investment property |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
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Net current assets |
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Total assets less current liabilities |
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Creditors: Amounts falling due after more than one year |
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Provisions for liabilities |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Revaluation reserve |
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Retained earnings |
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Shareholders' funds |
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For the financial year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
Approved and authorised by the
IBL Homes Ltd
(Registration number: 10206217)
Balance Sheet as at 31 May 2024 (continued)
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IBL Homes Ltd
Notes to the Unaudited Financial Statements for the Year Ended 31 May 2024
Staff numbers |
The average number of persons employed by the company (including directors) during the year, was
Tangible assets |
Furniture, fittings and equipment |
Total |
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Cost or valuation |
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At 1 June 2023 |
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At 31 May 2024 |
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Depreciation |
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At 1 June 2023 |
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At 31 May 2024 |
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Carrying amount |
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At 31 May 2024 |
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Investment properties |
2024 |
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At 1 June |
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Additions |
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Fair value adjustments |
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At 31 May |
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The fair value of the property at the year end has been arrived at on the basis of a valuation carried out at that date by the director of the company, who is not a professionally qualified valuer. The valuation was arrived at by reference to the market evidence of transaction prices for similar properties in its location the property is situated.
Debtors |
IBL Homes Ltd
Notes to the Unaudited Financial Statements for the Year Ended 31 May 2024 (continued)
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Debtors (continued) |
Current |
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2023 |
Trade debtors |
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Amounts owed by related parties |
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Prepayments |
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Other debtors |
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Creditors |
Creditors: amounts falling due within one year
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2024 |
2023 |
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Due within one year |
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Loans and borrowings |
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Trade creditors |
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Accruals and deferred income |
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Other creditors |
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Creditors: amounts falling due after more than one year
Note |
2024 |
2023 |
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Due after one year |
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Loans and borrowings |
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