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REGISTERED NUMBER: 07495743 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2026

for

Ibank Limited
Ibank Limited (Registered number: 07495743)






Contents of the Financial Statements
for the Year Ended 31 January 2026




Page

Company Information 1

Report of the Accountant 2

Statement of Financial Position 3

Notes to the Financial Statements 4


Ibank Limited

Company Information
for the Year Ended 31 January 2026







DIRECTOR: Mr S Bhandari





REGISTERED OFFICE: First Floor Office
3 Hornton Place
London
W8 4LZ





REGISTERED NUMBER: 07495743 (England and Wales)





ACCOUNTANT: Albacore Accounting Limited
The Maylands Building
Maylands Avenue
Hemel Hempstead
Hertfordshire
HP2 7TG
Page 1
Ibank Limited

Report of the Accountant to the Director of
Ibank Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Statement of Financial Position you are responsible for the preparation of the financial statements for the year ended 31 January 2026 set out on pages three to four and you consider that the company is exempt from an audit.

In accordance with your instructions, I have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to me.






Albacore Accounting Limited
The Maylands Building
Maylands Avenue
Hemel Hempstead
Hertfordshire
HP2 7TG


Date: .............................................

This page does not form part of the statutory financial statements

Page 2
Ibank Limited (Registered number: 07495743)

Statement of Financial Position
31 January 2026

31.1.26 31.1.25
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 146,491 55,735
Investments 5 220,775 220,775
367,266 276,510

CURRENT ASSETS
Debtors 6 196,623 163,999
Cash at bank 2,468,870 2,081,627
2,665,493 2,245,626
CREDITORS
Amounts falling due within one year 7 524,686 471,914
NET CURRENT ASSETS 2,140,807 1,773,712
TOTAL ASSETS LESS CURRENT
LIABILITIES
2,508,073
2,050,222

CREDITORS
Amounts falling due after more than one
year
8
248,335
-
NET ASSETS 2,259,738 2,050,222

CAPITAL AND RESERVES
Called up share capital 9 160 160
Retained earnings 10 2,259,578 2,050,062
SHAREHOLDERS' FUNDS 2,259,738 2,050,222

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 October 2026 and were signed by:





Mr S Bhandari - Director


The notes form part of these financial statements

Page 3
Ibank Limited (Registered number: 07495743)

Notes to the Financial Statements
for the Year Ended 31 January 2026

1. STATUTORY INFORMATION

Ibank Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

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

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 33% on cost
Motor vehicles - 25% on cost
Computer equipment - 25% on cost

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2025 - 12 ).

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 February 2025 36,324 159,292 46,020 241,636
Additions - 154,620 5,465 160,085
At 31 January 2026 36,324 313,912 51,485 401,721
DEPRECIATION
At 1 February 2025 31,570 116,875 37,456 185,901
Charge for year 3,930 59,863 5,536 69,329
At 31 January 2026 35,500 176,738 42,992 255,230
NET BOOK VALUE
At 31 January 2026 824 137,174 8,493 146,491
At 31 January 2025 4,754 42,417 8,564 55,735

5. FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:
31.1.26 31.1.25
£    £   
Investments 220,775 220,775

Page 4 continued...
Ibank Limited (Registered number: 07495743)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2026

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.26 31.1.25
£    £   
Trade debtors 73,571 47,898
Other debtors 123,052 112,538
VAT - 3,563
196,623 163,999

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.26 31.1.25
£    £   
Trade creditors 50,553 62,364
Tax 73,244 127,209
Social security and other taxes 11,228 48,770
Pension Payable 1,374 4,302
VAT 11,538 -
Directors' current accounts 9,546 4,714
Deferred income 367,203 224,555
524,686 471,914

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.1.26 31.1.25
£    £   
Loan-Echios LLC 147,618 -
Loan lotus financial 100,717 -
248,335 -

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.26 31.1.25
value: £    £   
2 Ordinary £1 160 160

10. RESERVES
Retained
earnings
£   

At 1 February 2025 2,050,062
Profit for the year 259,516
Dividends (50,000 )
At 31 January 2026 2,259,578

11. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr S Bhandari.

Page 5