Ibahn Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: 05462839

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		456		854

			456		854
CURRENT ASSETS
Debtors	5	163		77
Cash at bank and in hand		16		21

		179		98
Creditors: Amounts Falling Due Within One Year	6	(41,842 )		(37,485 )

NET CURRENT ASSETS (LIABILITIES)			(41,663 )		(37,387 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(41,207 )		(36,533 )

NET LIABILITIES			(41,207 )		(36,533 )

CAPITAL AND RESERVES
Called up share capital	7		100		100
Profit and Loss Account			(41,307 )		(36,633 )

SHAREHOLDERS' FUNDS			(41,207)		(36,533)

For the year ending 31 July 2025 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Alan La Touche

Director

04/12/2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Ibahn Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05462839 . The registered office is 28 Beaminster Road, Solihull, West Midlands, B91 1NA.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings	Four years straight line
Computer Equipment	Three years straight line

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: NIL)

4. Tangible Assets

	Computer Equipment
	£
Cost
As at 1 August 2024	1,193

As at 31 July 2025	1,193

Depreciation
As at 1 August 2024	339
Provided during the period	398

As at 31 July 2025	737

Net Book Value
As at 31 July 2025	456

As at 1 August 2024	854

5. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	163	77

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Bank loans and overdrafts	25,009	24,724
Other creditors	16,833	12,761

	41,842	37,485

Page 2

Page 3

Ibahn Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100