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Company Registration No. 9173328 (England and Wales)
Ibhar Ltd Unaudited accounts for the year ended 31 August 2024
Ibhar Ltd Unaudited accounts Contents
Page
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Ibhar Ltd Company Information for the year ended 31 August 2024
Director
Richard Jayaraj
Company Number
9173328 (England and Wales)
Registered Office
Unit 1a Dilloway Industrial Estate The Green Southall Middlesex UB2 4BG England
Accountants
S Sharma Ltd. Amba 22 Deverills Way Slough Berkshire SL3 8WN
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Ibhar Ltd Accountants' report
Accountants' report to the director of Ibhar Ltd on the preparation of the unaudited statutory accounts for the year ended 31 August 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Ibhar Ltd for the year ended 31 August 2024 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Ibhar Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Ibhar Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Ibhar Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Ibhar Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Ibhar Ltd. You consider that Ibhar Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Ibhar Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
S Sharma Ltd. Amba 22 Deverills Way Slough Berkshire SL3 8WN 25 July 2025
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Ibhar Ltd Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
69,856 
63,206 
Current assets
Cash at bank and in hand
983 
(1,763)
Creditors: amounts falling due within one year
(8,229)
(39,239)
Net current liabilities
(7,246)
(41,002)
Total assets less current liabilities
62,610 
22,204 
Creditors: amounts falling due after more than one year
(64,622)
(25,000)
Net liabilities
(2,012)
(2,796)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(2,112)
(2,896)
Shareholders' funds
(2,012)
(2,796)
For the 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. 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 25 July 2025 and were signed on its behalf by
Richard Jayaraj Director Company Registration No. 9173328
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Ibhar Ltd Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
Ibhar Ltd is a private company, limited by shares, registered in England and Wales, registration number 9173328. The registered office is Unit 1a, Dilloway Industrial Estate, The Green, Southall, Middlesex, UB2 4BG, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
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
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 September 2023
35,000 
7,453 
42,453 
At 31 August 2024
35,000 
7,453 
42,453 
Depreciation
At 1 September 2023
(13,300)
(7,453)
(20,753)
Charge for the year
(6,650)
- 
(6,650)
At 31 August 2024
(19,950)
(7,453)
(27,403)
Net book value
At 31 August 2024
54,950 
14,906 
69,856 
At 31 August 2023
48,300 
14,906 
63,206 
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Ibhar Ltd Notes to the Accounts for the year ended 31 August 2024
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
8,229 
14,590 
Other creditors
- 
12,707 
Loans from directors
- 
11,942 
8,229 
39,239 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
23,000 
25,000 
Other creditors
13,450 
- 
Loans from directors
28,172 
- 
64,622 
25,000 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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