Company Registration No. 04571060 (England and Wales)
IBACAS CONSULTANCY LIMITED
Unaudited accounts
for the year ended 31 October 2024
IBACAS CONSULTANCY LIMITED
Unaudited accounts
Contents
IBACAS CONSULTANCY LIMITED
Company Information
for the year ended 31 October 2024
Directors
Christopher Roy OWENS
Adam STERN
Company Number
04571060 (England and Wales)
Registered Office
153 Milton Keynes Business Centre
Foxhunter Drive
Milton Keynes
MK14 6GD
United Kingdom
Accountants
Arth Limited
655 Milton Keynes Business Centre
Hayley Court
Linford Wood
Milton Keynes
Buckinghamshire
MK14 6GD
IBACAS CONSULTANCY LIMITED
Statement of financial position
as at 31 October 2024
Cash at bank and in hand
79,844
103,862
Creditors: amounts falling due within one year
(30,330)
39,712
Net current assets
50,257
237,684
Called up share capital
102
102
Profit and loss account
50,457
238,086
Shareholders' funds
50,559
238,188
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 directors acknowledge their 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 of Directors and authorised for issue on 31 July 2025 and were signed on its behalf by
Adam STERN
Director
Company Registration No. 04571060
IBACAS CONSULTANCY LIMITED
Notes to the Accounts
for the year ended 31 October 2024
IBACAS CONSULTANCY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 04571060. The registered office is 153 Milton Keynes Business Centre, Foxhunter Drive, Milton Keynes, MK14 6GD, 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.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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:
Plant & machinery
25% Straight line basis
4
Intangible fixed assets
Other
IBACAS CONSULTANCY LIMITED
Notes to the Accounts
for the year ended 31 October 2024
5
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 November 2023
1,161
3,915
5,076
At 31 October 2024
1,161
3,915
5,076
At 1 November 2023
1,155
3,517
4,672
Charge for the year
2
100
102
At 31 October 2024
1,157
3,617
4,774
At 31 October 2024
4
298
302
At 31 October 2023
6
398
404
6
Investments
Subsidiary undertakings
Valuation at 1 November 2023
100
Valuation at 31 October 2024
-
Amounts falling due within one year
8
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
20,044
2,115
Loans from directors
9,780
(58,676)
9
Average number of employees
During the year the average number of employees was 2 (2023: 1).