Investment Business Limited 13983340 false 2023-09-01 2024-08-31 2024-08-31 The principal activity of the company is the provision of legal services. Digita Accounts Production Advanced 6.30.9574.0 true 13983340 2023-09-01 2024-08-31 13983340 2024-08-31 13983340 core:CurrentFinancialInstruments core:WithinOneYear 2024-08-31 13983340 bus:Micro-entities 2023-09-01 2024-08-31 13983340 bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 13983340 bus:FilletedAccounts 2023-09-01 2024-08-31 13983340 bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 13983340 bus:RegisteredOffice 2023-09-01 2024-08-31 13983340 bus:Director1 2023-09-01 2024-08-31 13983340 bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 13983340 countries:EnglandWales 2023-09-01 2024-08-31 13983340 2022-03-17 2023-08-31 13983340 2023-08-31 13983340 core:CurrentFinancialInstruments core:WithinOneYear 2023-08-31 iso4217:GBP xbrli:pure

Registration number: 13983340

Investment Business Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 August 2024

 

Investment Business Limited

(Registration number: 13983340)
Balance Sheet as at 31 August 2024

2024
£

2023
£

Fixed assets

777,000

777,000

Current assets

4,771

-

Creditors: Amounts falling due within one year

(955,107)

(866,683)

Net current liabilities

(950,336)

(866,683)

Total assets less current liabilities

(173,336)

(89,683)

Accruals and deferred income

(1,550)

(1,450)

 

(174,886)

(91,133)

Capital and reserves

(174,886)

(91,133)

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Greenleaves
Farm End
London
E4 7QS

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

The presentational currency of the financial statements is Pounds Sterling, being the functional currency of the primary economic environment in which the company operates. Monetary amounts in these financial statements are rounded to the nearest Pound.

Staff numbers

The average number of persons employed by the company (including the director) during the year, was as follows:

Going concern
After reviewing the company's forecasts and projections, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing it's financial statements.

Related party transactions

Summary of transactions with entities with joint control or significant interest

Caversham Solicitors Limited (a company owed by the same shareholder as Investment Business Limited)
Investment Business Limited received £377,010 (2023: £290,337) from Caversham Solicitors Limited by way of a loan. The balance was outstanding at the year end.

 

Investment Business Limited

(Registration number: 13983340)
Balance Sheet as at 31 August 2024

Transactions with the director

At 31 August 2024, the company owed the director D Bevas £32,171 (2023: £nil), in the form of a director's loan account. No interest is charged on the loan and it is repayable on demand.

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

For the financial year ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Approved and authorised by the director on 27 May 2025
 

.........................................
D Bevas
Director