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Registration number: 06374364

IBL Property Services Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 May 2024

 

IBL Property Services Limited

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 6

 

IBL Property Services Limited

Company Information

Directors

Mrs Bernadette Marie Lloyd

Mr Ian David Lloyd

Registered office

Bronwysg High Street
Sennybridge
Brecon
Wales
Powys
LD3 8PG

 

IBL Property Services Limited

(Registration number: 06374364)
Balance Sheet as at 31 May 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

2

2,349

3,256

Current assets

 

Debtors

3

83,014

132,828

Cash at bank and in hand

 

3,002

4,165

 

86,016

136,993

Creditors: Amounts falling due within one year

4

(9,506)

(15,393)

Net current assets

 

76,510

121,600

Total assets less current liabilities

 

78,859

124,856

Creditors: Amounts falling due after more than one year

4

(78,553)

(128,082)

Net assets/(liabilities)

 

306

(3,226)

Capital and reserves

 

Called up share capital

100

100

Retained earnings

206

(3,326)

Shareholders' funds/(deficit)

 

306

(3,226)

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:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

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 Board on 20 January 2025 and signed on its behalf by:
 

 

IBL Property Services Limited

(Registration number: 06374364)
Balance Sheet as at 31 May 2024 (continued)

.........................................
Mrs Bernadette Marie Lloyd
Director

.........................................
Mr Ian David Lloyd
Director

 

IBL Property Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2024

1

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4 (2023 - 4).

 

IBL Property Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2024 (continued)

2

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 June 2023

6,804

6,804

Additions

299

299

At 31 May 2024

7,103

7,103

Depreciation

At 1 June 2023

3,548

3,548

Charge for the year

1,206

1,206

At 31 May 2024

4,754

4,754

Carrying amount

At 31 May 2024

2,349

2,349

At 31 May 2023

3,256

3,256

3

Debtors

Current

Note

2024
£

2023
£

Trade debtors

 

4,581

7,712

Amounts owed by related parties

77,085

123,785

Prepayments

 

1,322

1,245

Other debtors

 

26

86

   

83,014

132,828

4

Creditors

Creditors: amounts falling due within one year

 

IBL Property Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2024 (continued)

4

Creditors (continued)

Note

2024
£

2023
£

Due within one year

 

Loans and borrowings

1

-

Trade creditors

 

198

-

Accruals and deferred income

 

8,996

15,190

Other creditors

 

311

203

 

9,506

15,393

Creditors: amounts falling due after more than one year

Note

2024
£

2023
£

Due after one year

 

Loans and borrowings

78,553

128,082