Company Registration No. 12086036 (England and Wales)
IBRUSTAR LIMITED
Unaudited accounts
for the year ended 31 July 2024
IBRUSTAR LIMITED
Unaudited accounts
Contents
IBRUSTAR LIMITED
Company Information
for the year ended 31 July 2024
Director
DR MOHAMMED IBRAHIM
Company Number
12086036 (England and Wales)
Registered Office
11 KINGS CROFT
EALAND
SCUNTHORPE
DN17 4GA
UNITED KINGDOM
Accountants
MH ACCOUNTANCY SOLUTIONS LTD
57 DONCASTER ROAD
SCUNTHORPE
NORTH LINCOLNSHIRE
DN15 7RG
IBRUSTAR LIMITED
Statement of financial position
as at 31 July 2024
Tangible assets
413,334
346,445
Cash at bank and in hand
39,198
99,355
Creditors: amounts falling due within one year
(467,509)
(456,455)
Net current liabilities
(423,643)
(352,968)
Net liabilities
(10,309)
(6,523)
Called up share capital
1
1
Profit and loss account
(10,310)
(6,524)
Shareholders' funds
(10,309)
(6,523)
For the year ending 31 July 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 24 April 2025 and were signed on its behalf by
DR MOHAMMED IBRAHIM
Director
Company Registration No. 12086036
IBRUSTAR LIMITED
Notes to the Accounts
for the year ended 31 July 2024
IBRUSTAR LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12086036. The registered office is 11 KINGS CROFT, EALAND, SCUNTHORPE, DN17 4GA, UNITED KINGDOM.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 August 2023
345,165
2,000
347,165
At 31 July 2024
412,310
2,000
414,310
At 1 August 2023
-
720
720
Charge for the year
-
256
256
At 31 July 2024
412,310
1,024
413,334
At 31 July 2023
345,165
1,280
346,445
Amounts falling due within one year
IBRUSTAR LIMITED
Notes to the Accounts
for the year ended 31 July 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
363,164
312,602
Loans from directors
104,345
143,853
7
Average number of employees
During the year the average number of employees was 1 (2023: 0).