Company Registration No. 06613925 (England and Wales)
Intelligent Business Partners Limited
Unaudited accounts
for the year ended 31 January 2023
Intelligent Business Partners Limited
Unaudited accounts
Contents
Intelligent Business Partners Limited
Company Information
for the year ended 31 January 2023
Directors
Mr M Fitzgerald-Cooke
Mr L J Gill
Company Number
06613925 (England and Wales)
Registered Office
Bowcliffe Hall
Bramham
Wetherby
West Yorkshire
LS23 6LP
Accountants
Simpson Accounting Services
38 Kellington Lane
Eggborough
North Yorkshire
DN14 0LB
Intelligent Business Partners Limited
Statement of financial position
as at 31 January 2023
Tangible assets
4,119
1,414
Cash at bank and in hand
20,461
72,035
Creditors: amounts falling due within one year
(316,280)
(276,182)
Net current assets
717,342
780,475
Total assets less current liabilities
721,461
781,889
Creditors: amounts falling due after more than one year
(2,342,991)
(2,290,548)
Net liabilities
(1,621,530)
(1,508,659)
Called up share capital
1,000
1,000
Profit and loss account
(1,622,530)
(1,509,659)
Shareholders' funds
(1,621,530)
(1,508,659)
For the year ending 31 January 2023 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.
The financial statements were approved by the Board of Directors and authorised for issue on 30 October 2023 and were signed on its behalf by
Mr L J Gill
Director
Company Registration No. 06613925
Intelligent Business Partners Limited
Notes to the Accounts
for the year ended 31 January 2023
Intelligent Business Partners Limited is a private company, limited by shares, registered in England and Wales, registration number 06613925. The registered office is Bowcliffe Hall, Bramham, Wetherby, West Yorkshire, LS23 6LP.
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
Intelligent Business Partners Limited
Notes to the Accounts
for the year ended 31 January 2023
5
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 February 2022
303
2,746
3,049
Disposals
-
(1,493)
(1,493)
At 31 January 2023
380
4,976
5,356
At 1 February 2022
20
1,615
1,635
Charge for the year
75
1,020
1,095
On disposals
-
(1,493)
(1,493)
At 31 January 2023
95
1,142
1,237
At 31 January 2023
285
3,834
4,119
At 31 January 2022
283
1,131
1,414
Amounts falling due within one year
Amounts due from group undertakings etc.
993,666
979,975
Accrued income and prepayments
9,712
-
7
Creditors: amounts falling due within one year
2023
2022
Trade creditors
64,661
36,921
Taxes and social security
35,104
7,649
Other creditors
168,424
139,585
8
Creditors: amounts falling due after more than one year
2023
2022
Amounts owed to group undertakings and other participating interests
2,342,991
2,203,341
9
Average number of employees
During the year the average number of employees was 12 (2022: 12).