08002420 false the provision of direct payment support services 2024-04-01 2025-03-31 http://www.companieshouse.gov.uk/2024-03-31 http://www.companieshouse.gov.uk/pt:ShareCapital 2024-03-31 http://www.companieshouse.gov.uk/cd:Director1 2024-04-01 2025-03-31 http://www.companieshouse.gov.uk/pt:ShareCapital 2025-03-31 http://www.companieshouse.gov.uk/cd:Director2 2024-04-01 2025-03-31 http://www.companieshouse.gov.uk/pt:ToolsEquipment 2024-03-31 http://www.companieshouse.gov.uk/cd:OrdinaryShareClass1 2024-04-01 2025-03-31 http://www.companieshouse.gov.uk/pt:ToolsEquipment 2025-03-31 http://www.companieshouse.gov.uk/cd:RegisteredOffice 2024-04-01 2025-03-31 http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments 2025-03-31 http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments 2024-03-31 http://www.companieshouse.gov.uk/2024-04-01 2025-03-31 http://www.companieshouse.gov.uk/2024-03-31 http://www.companieshouse.gov.uk/cd:FRS102 2024-04-01 2025-03-31 http://www.companieshouse.gov.uk/2025-03-31 http://www.companieshouse.gov.uk/cd:FullAccounts 2024-04-01 2025-03-31 http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 08002420
ILBP Limited
FILLETED UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31/03/2025
Prepared By:
Gibsons Accountants Ltd
Chartered Accountants
226 Oldham Road
Rochdale
Lancashire
OL112ER

ILBP Limited

ACCOUNTS
FOR THE YEAR ENDED 31/03/2025
DIRECTORS
JE Travis
JJ Fell
REGISTERED OFFICE
226 Oldham Road
Rochdale
Lancashire
OL11 2ER
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 08002420
ACCOUNTANTS
Gibsons Accountants Ltd
Chartered Accountants
226 Oldham Road
Rochdale
Lancashire
OL112ER

ILBP Limited

ACCOUNTS
FOR THE YEAR ENDED 31/03/2025
CONTENTS |  |
|  | Page
Directors' Report |  | -
Accountants' Report |  | -
Statement Of Comprehensive Income |  | -
Balance Sheet |  | 3
Notes To The Accounts |  | 4
The following do not form part of the statutory financial statements: |  |
Trading And Profit And Loss Account |  | -
Profit And Loss Account Summaries |  | -

ILBP Limited

BALANCE SHEET AT 31/03/2025
|  |  |  |  |  | 2025 |  |  |  | 2024
|  | Notes |  |  |  | £ |  |  |  | £
FIXED ASSETS |  |  |  |  |  |  |  |  |  |
Tangible assets |  | 3 |  |  |  | 1,424 |  |  |  | 1,049
CURRENT ASSETS |  |  |  |  |  |  |  |  |  |
Debtors |  | 4 |  | 17,477 |  |  |  | 12,524 |  |
Cash at bank and in hand |  |  |  | 152,094 |  |  |  | 162,774 |  |
|  |  |  | 169,571 |  |  |  | 175,298 |  |
CREDITORS: Amounts falling due within one year |  | 5 |  | 70,307 |  |  |  | 50,818 |  |
NET CURRENT ASSETS |  |  |  |  |  | 99,264 |  |  |  | 124,480
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  |  |  |  | 100,688 |  |  |  | 125,529
CREDITORS: Amounts falling due after more than one year |  | 6 |  |  |  | 2,167 |  |  |  | 10,967
PROVISIONS FOR LIABILITIES AND CHARGES |  | 7 |  |  |  | 356 |  |  |  | 977
NET ASSETS |  |  |  |  |  | 98,165 |  |  |  | 113,585
CAPITAL AND RESERVES |  |  |  |  |  |  |  |  |  |
Called up share capital |  | 8 |  |  |  | 100 |  |  |  | 100
Profit and loss account |  |  |  |  |  | 98,065 |  |  |  | 113,485
SHAREHOLDERS' FUNDS |  |  |  |  |  | 98,165 |  |  |  | 113,585
For the year ending 31/03/2025 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 23/09/2025 and signed on their behalf by |  |  |  |  |  |  |  |  |  |
............................. |  |  |  |  |  |  |  |  |  |
JE Travis |  |  |  |  |  |  |  |  |  |
Director |  |  |  |  |  |  |  |  |  |

ILBP Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/03/2025

1. ACCOUNTING POLICIES

1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .

1b. Depreciation |  |
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Equipment |  | reducing balance 25%

1c. Taxation
Taxation represents the sum of tax currently payable and deferred tax. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.

1e. Revenue Recognition
Revenue is measured at the fair value of the consideration received or receivable. Revenue from the sale of services is recognised when the services have been invoiced.

ILBP Limited

2. EMPLOYEES |  |  |  |  |  |
|  |  |  | 2025 |  | 2024
|  |  |  | No. |  | No.
Average number of employees |  |  |  | 10 |  | 10

3. TANGIBLE FIXED ASSETS |  |  |  |
|  | Equipment |  | Total
|  | £ |  | £
Cost |  |  |  |
At 01/04/2024 |  | 4,660 |  | 4,660
Additions |  | 850 |  | 850
At 31/03/2025 |  | 5,510 |  | 5,510
Depreciation |  |  |  |
At 01/04/2024 |  | 3,611 |  | 3,611
For the year |  | 475 |  | 475
At 31/03/2025 |  | 4,086 |  | 4,086
Net Book Amounts |  |  |  |
At 31/03/2025 |  | 1,424 |  | 1,424
At 31/03/2024 |  | 1,049 |  | 1,049

4. DEBTORS |  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
Amounts falling due within one year |  |  |  |  |  |
Trade debtors |  |  |  | 8,798 |  | -
Salaries and wages control |  |  |  | 357 |  | -
Amounts due from IBS managed Account Ltd |  |  |  | - |  | 35
Amounts due from ILBP Support Ltd |  |  |  | 7,500 |  | 12,000
Prepayments |  |  |  | 822 |  | 489
|  |  |  | 17,477 |  | 12,524

ILBP Limited

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |  |  |  |  |  |
|  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
UK corporation tax |  |  |  | 36,668 |  | 18,444
VAT |  |  |  | 23,590 |  | 18,534
PAYE control |  |  |  | 482 |  | -
Directors current account - J Travis |  |  |  | - |  | 348
Bank Loan |  |  |  | 8,067 |  | 8,067
Other creditors - client money |  |  |  | - |  | 4,025
Accruals |  |  |  | 1,500 |  | 1,400
|  |  |  | 70,307 |  | 50,818

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |  |  |  |  |  |
|  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
Bank loans (unsecured) >1 year |  |  |  | 2,167 |  | 10,967
|  |  |  | 2,167 |  | 10,967

7. PROVISIONS FOR LIABILITIES |  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
Deferred taxation |  |  |  | 356 |  | 977
|  |  |  | 356 |  | 977

8. SHARE CAPITAL |  |  |  | 2025 |  | 2024
|  |  |  | £ |  | £
Allotted, issued and fully paid: |  |  |  |  |  |
100 Ordinary shares of £1 each |  |  |  | 100 |  | 100
|  |  |  | 100 |  | 100

ILBP Limited

9. CONTROLLING PARTY
The company is controlled by JE Travis (director) and her close family who own 80% of the issued share capital.

10. RELATED PARTY TRANSACTIONS
The company paid business support fees to ILBP Support Ltd amounting to £155,000 during the year (2024:£175,000).