The Interactive Business Enterprise Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 04021946

THE INTERACTIVE BUSINESS ENTERPRISE LTD

FILLETED UNAUDITED FINANCIAL STATEMENTS

31 August 2025

THE INTERACTIVE BUSINESS ENTERPRISE LTD

FINANCIAL STATEMENTS

YEAR ENDED 31 AUGUST 2025

CONTENTS	PAGE

Statement of financial position	1

Notes to the financial statements	3

THE INTERACTIVE BUSINESS ENTERPRISE LTD

STATEMENT OF FINANCIAL POSITION

31 August 2025

	2025		2024
Note	£	£	£	£

FIXED ASSETS

Tangible assets	4		1		1

CURRENT ASSETS

Debtors	5	–	60
Cash at bank and in hand		26,842	36,457
		---------	---------
		26,842	36,517

CREDITORS: amounts falling due within one year	6	54,059		54,991
		---------		---------
NET CURRENT LIABILITIES			27,217		18,474
			---------		---------
TOTAL ASSETS LESS CURRENT LIABILITIES			( 27,216)		( 18,473)
			---------		---------
NET LIABILITIES			( 27,216)		( 18,473)
			---------		---------

THE INTERACTIVE BUSINESS ENTERPRISE LTD

STATEMENT OF FINANCIAL POSITION (continued)

31 August 2025

	2025		2024
Note	£	£	£	£

CAPITAL AND RESERVES

Called up share capital	7	100	100
Profit and loss account		( 27,316)	( 18,573)
		---------	---------
SHAREHOLDERS DEFICIT		( 27,216)	( 18,473)
		---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 22 May 2026 , and are signed on behalf of the board by:

A J Shillito
Director

Company registration number: 04021946

THE INTERACTIVE BUSINESS ENTERPRISE LTD

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 AUGUST 2025

1. GENERAL INFORMATION

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Grosmont House, 20 Crag Hill Road, Thackley, Bradford, West Yorkshire, BD10 0AA.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. ACCOUNTING POLICIES

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

The continuation of the company's activities is dependent on the continuing financial support of the director. The director has confirmed that in their opinion, this financial support will continue and therefore the financial statements have been prepared on the going concern basis.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. There are not considered to be any judgements or accounting estimates or assumptions that have a significant impact on the financial statements.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Current and deferred tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Fixtures & Fittings	-	Fully amortised

Financial instruments

The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

4. TANGIBLE ASSETS

	Fixtures and fittings	Total
	£	£
Cost
At 1 September 2024 and 31 August 2025	6,258	6,258
	-------	-------
Depreciation
At 1 September 2024 and 31 August 2025	6,257	6,257
	-------	-------
Carrying amount
At 31 August 2025	1	1
	-------	-------
At 31 August 2024	1	1
	-------	-------

5. DEBTORS

	2025	2024
	£	£
Trade debtors	–	60
	----	----

6. CREDITORS: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	–	8,799
Accruals and deferred income	380	380
Director loan accounts	53,679	45,812
	---------	---------
	54,059	54,991
	---------	---------

7. CALLED UP SHARE CAPITAL

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary shares of £ 1 each	100	100	100	100
	----	----	----	----

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The director's loan account was in credit at the year end. The loan is repayable on demand and no interest is charged.