Company Registration No. 6613925 (England and Wales)
Intelligent Business Transfer Ltd
Unaudited accounts
for the year ended 31 January 2018
Intelligent Business Transfer Ltd
Unaudited accounts
Contents
Intelligent Business Transfer Ltd
Company Information
for the year ended 31 January 2018
Directors
Mr S Mallon
Mr M E Bennison
Company Number
6613925 (England and Wales)
Registered Office
Rose Wharf
78-80 East Street
Leeds
West Yorkshire
LS9 8EE
Accountants
Simpson Accounting Services
38 Kellington Lane
Eggborough
North Yorkshire
DN14 0LB
Intelligent Business Transfer Ltd
Statement of financial position
as at
31 January 2018
Intangible assets
-
2,500
Tangible assets
16,375
29,509
Cash at bank and in hand
23,351
155,962
Creditors: amounts falling due within one year
(465,638)
(347,528)
Net current assets
340,222
370,898
Total assets less current liabilities
356,597
402,907
Creditors: amounts falling due after more than one year
(464,603)
(487,203)
Net liabilities
(108,006)
(84,296)
Called up share capital
1,000
1,000
Profit and loss account
(109,006)
(85,296)
Shareholders' funds
(108,006)
(84,296)
For the year ending 31 January 2018 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 22 June 2018.
Mr M E Bennison
Director
Company Registration No. 6613925
Intelligent Business Transfer Ltd
Notes to the Accounts
for the year ended 31 January 2018
Intelligent Business Transfer Ltd is a private company, limited by shares, registered in England and Wales, registration number 6613925. The registered office is Rose Wharf, 78-80 East Street, Leeds, West Yorkshire, LS9 8EE.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives on a straight line basis from 2 years to 5 years:
4
Intangible fixed assets
Other
Charge for the year
2,500
Intelligent Business Transfer Ltd
Notes to the Accounts
for the year ended 31 January 2018
5
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 February 2017
23,236
19,062
42,298
Additions
14,579
6,374
20,953
At 31 January 2018
37,815
25,436
63,251
At 1 February 2017
8,624
4,165
12,789
Charge for the year
18,548
15,539
34,087
At 31 January 2018
27,172
19,704
46,876
At 31 January 2018
10,643
5,732
16,375
At 31 January 2017
14,612
14,897
29,509
Trade debtors
184,324
194,444
Amounts due from group undertakings etc.
540,628
339,390
Accrued income and prepayments
21,860
11,896
Other debtors
35,697
16,734
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Creditors: amounts falling due within one year
2018
2017
Trade creditors
126,847
80,389
Taxes and social security
140,457
150,447
Other creditors
179,316
89,944
8
Creditors: amounts falling due after more than one year
2018
2017
Amounts owed to group undertakings and other participating interests
464,603
487,203
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Average number of employees
During the year the average number of employees was 56 (2017: 41).