IB3 CONSULTING LIMITED Accounts






IB3 CONSULTING LIMITED

	Company No. 07568749
		Information for Filing with The Registrar
		31 March 2026

at	31 March 2026
Company No.		07568749	Notes	2026	2025
				£	£
Fixed assets


	Investment property		4	799,890	949,890

				799,890	949,890
Current assets

	Debtors		5	35,600	2,395

	Cash at bank and in hand			252,571	10,934
				288,171	13,329
Creditors: Amount falling due within one year			6	(673,937)	(572,638)
Net current liabilities				(385,766)	(559,309)
Total assets less current liabilities				414,124	390,581

Provisions for liabilities
	Deferred taxation			(21,507)	(30,331)

Net assets				392,617	360,250

Capital and reserves
	Called up share capital			6	6

	Revaluation reserve		8	64,520	-

	Profit and loss account		8	328,091	360,244

Total equity				392,617	360,250



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 31 March 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 15 October 2026 and signed on its behalf by:
J. Shafi
Director
15 October 2026

for the year ended 31 March 2026

General information

IB3 CONSULTING LIMITED is a private company limited by shares and incorporated in England and Wales.

Its registered number is: 07568749

Its registered office is:

36 ARTHOG ROAD

HALE

ALTRINCHAM

WA15 0LU

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

Accounting policies

Turnover

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.

Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. 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 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. Deferred tax liabilities are generally recognised for all taxable temporary differences.

Freehold investment property

Investment properties are revalued annually and any surplus or deficit is dealt with through the profit and loss account.

No depreciation is provided in respect of investment properties.

Investments

Unlisted investments (except those held as subsidiaries, associates or joint ventures) are recognised initially at fair value less attributable transaction costs. Subsequent to initial recognition, any changes in fair value are recognised in profit and loss.

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.

Defined contribution pensions

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations.

The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.

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	Investment property
			Freehold Investment Property
			£
		Valuation
		At 1 April 2025	949,890


		Disposals	(150,000)
		At 31 March 2026	799,890


		The fair value of the investment properties has been arrived at on the basis of a valuation carried out on 14th March 2025 by Evaluate Chartered Surveyors and Valuers, as an external valuers. This valuation was carried out by undertaking a desktop assessment of the investment properties held by the company. Evaluate Chartered Surveyors and Valuers are not connected with the company.

5	Debtors
			2026	2025
			£	£
		Trade debtors	-	2,395





		Other debtors	35,600	-

			35,600	2,395

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






		Taxes and social security	18,654	8,187
		Loans from directors	640,648	515,516
		Other creditors	13,500	47,800
		Accruals and deferred income	1,135	1,135
			673,937	572,638

Share Capital

6 Ordinary shares of £1 each.

8	Reserves
			Revaluation Reserve	Total other reserves
			£	£





		Movement on revaluation reserve	94,851	94,851
		Deferred taxation	(30,331)	(30,331)

		At 31 March 2026	64,520	64,520

		The revaluation reserve represents the cumulative unrealised gains arising on the remeasurement of investment properties to fair value, net of the related deferred tax.


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