IBRAINERS LTD Accounts






IBRAINERS LTD

	Company No. 12687997
		Information for Filing with The Registrar
		30 June 2026

The Directors present their report and the accounts for the year ended 30 June 2026.

Principal activities
The principal activity of the company during the year under review was Business and domestic software development.




Directors

The Directors who served at any time during the year were as follows:

Kishor Pandya
Meghaben Brahmbhatt








































































The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

Meghaben Brahmbhatt
Director
30 June 2026

at	30 June 2026
Company No.		12687997	Notes	2026	2025
				£	£
Fixed assets

	Tangible assets		5	703	1,054


				703	1,054
Current assets

	Debtors		6	131	92

	Cash at bank and in hand			16	-
				147	92
Creditors: Amount falling due within one year			7	(77,446)	(61,543)
Net current liabilities				(77,299)	(61,451)
Total assets less current liabilities				(76,596)	(60,397)




Net liabilities				(76,596)	(60,397)

Capital and reserves
	Called up share capital			40	40



	Profit and loss account		9	(76,636)	(60,437)

Total equity				(76,596)	(60,397)



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the year ended 30 June 2026 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 30 June 2026 and signed on its behalf by:
Meghaben Brahmbhatt
Director
30 June 2026

for the year ended 30 June 2026

General information

IBRAINERS LTD is a private company limited by shares and incorporated in England and Wales.

Its registered number is: 12687997

Its registered office is:

229 Rear Green Street

London

E7 8LL

The accounts have been prepared in accordance and comply with FRS 102 and Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Accounting policies

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced
for estimated customer returns, rebates and other similar allowances.
Revenue from the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the
goods;
• the Company retains neither continuing managerial involvement to the degree usually associated
with ownership nor effective control over the goods sold;
• the amount of revenue can be measured reliably;
• it is probable that the economic benefits associated with the transaction will flow to the Company;
and
• the costs incurred or to be incurred in respect of the transaction can be measured reliably.
Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is
passed.

Tangible fixed assets and depreciation

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.

Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:

Furniture, fittings and equipment

25% Straight line

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Foreign currencies

The functional and presentational currency of the company is Sterling. The accounts are rounded to the nearest pound.

Transactions in currencies, other than the functional currency of the Company, are recorded at the rate of exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. all differences are taken to the profit and loss account. Non-monetary items that are measured at historic cost in a foreign currency are not retranslated.

Provisions

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in the balance sheet.

3	Employees
			2026	2025
			Number	Number
		The average monthly number of employees (including directors) during the year was:	2	2

4	Taxation
		(a) Tax on profit on ordinary activities	2026
		The tax charge is made up as follows:	£
		UK corporation tax










		(b) Factors affecting the total tax charge for the period



		Profit on ordinary activities before tax	(16,199)	(38,888)

5	Tangible fixed assets
			Fixtures, fittings and equipment	Total
			£	£
		Cost or revaluation
		At 1 July 2025	2,589	2,589




		At 30 June 2026	2,589	2,589
		Depreciation
		At 1 July 2025	1,535	1,535
		Charge for the year	351	351



		At 30 June 2026	1,886	1,886
		Net book values
		At 30 June 2026	703	703
		At 30 June 2025	1,054	1,054

6	Debtors
			2026	2025
			£	£




		VAT recoverable	131	92



			131	92

7	Creditors:
		amounts falling due within one year
			2026	2025
			£	£

		Bank loans and overdrafts	-	19


		Trade creditors	96	60

		Taxes and social security	349	452

		Other creditors	77,001	61,011
		Accruals and deferred income	-	1
			77,446	61,543

Share Capital

2 Ordinary £20 shares were allocated to the shareholders. The nominal value of the share capital is £40.

Reserves

Profit and loss account - includes all current and prior period retained profits and losses.