Company Registration No. 14426057 (England and Wales)
IBO Properties Limited
Unaudited accounts
for the year ended 31 October 2024
IBO Properties Limited
Unaudited accounts
Contents
IBO Properties Limited
Company Information
for the year ended 31 October 2024
Company Number
14426057 (England and Wales)
Registered Office
2 EAST THIRSTON VILLAGE
MORPETH
NE65 9EJ
ENGLAND
Accountants
LP Accountants Ltd
Unit E
Colima Avenue
Sunderland
Tyne & Wear
SR5 3XB
IBO Properties Limited
Statement of financial position
as at 31 October 2024
Cash at bank and in hand
3,524
2,790
Creditors: amounts falling due within one year
(5,102)
(3,435)
Called up share capital
1
1
Profit and loss account
169
76
Shareholders' funds
170
77
For the year ending 31 October 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 her 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 2 June 2025 and were signed on its behalf by
C Scott
Director
Company Registration No. 14426057
IBO Properties Limited
Notes to the Accounts
for the year ended 31 October 2024
IBO Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 14426057. The registered office is 2 EAST THIRSTON VILLAGE, MORPETH, NE65 9EJ, ENGLAND.
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.
Amounts falling due within one year
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
4,202
2,715
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director's Loan Account
722
17,376
16,350
1,748
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).