IBANK PLATFORM LTD

IBANK PLATFORM LTD

IBANK PLATFORM LTD - Company Information

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IBANK PLATFORM LTD

Company Registration Number:
08474022 (England and Wales)

Unaudited abridged accounts for the year ended 30 April 2020

Period of accounts

Start date: 01 May 2019

End date: 30 April 2020

IBANK PLATFORM LTD

Contents of the Financial Statements

for the Period Ended 30 April 2020

Balance sheet
Notes

IBANK PLATFORM LTD

Balance sheet

As at 30 April 2020


Notes
2020
2019


£
£
Fixed assets
Intangible assets: 3 5,000,000 5,000,000
Tangible assets: 4 5,000 0
Total fixed assets: 5,005,000 5,000,000
Current assets
Cash at bank and in hand: 5,000 0
Total current assets: 5,000 0
Net current assets (liabilities): 5,000 0
Total assets less current liabilities: 5,010,000 5,000,000
Total net assets (liabilities): 5,010,000 5,000,000
Capital and reserves
Called up share capital: 5,000,000 5,000,000
Profit and loss account: 10,000 0
Shareholders funds: 5,010,000 5,000,000

The notes form part of these financial statements

IBANK PLATFORM LTD

Balance sheet statements

For the year ending 30 April 2020 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 31 May 2020
and signed on behalf of the board by:

Name: Siva Narayan
Status: Director

The notes form part of these financial statements

IBANK PLATFORM LTD

Notes to the Financial Statements

for the Period Ended 30 April 2020

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

IBANK PLATFORM LTD

Notes to the Financial Statements

for the Period Ended 30 April 2020

2. Employees

2020 2019
Average number of employees during the period 1 1

IBANK PLATFORM LTD

Notes to the Financial Statements

for the Period Ended 30 April 2020

3. Intangible Assets

Total
Cost £
At 01 May 2019 5,000,000
At 30 April 2020 5,000,000
Amortisation
At 01 May 2019 0
At 30 April 2020 0
Net book value
At 30 April 2020 5,000,000
At 30 April 2019 5,000,000

IBANK PLATFORM LTD

Notes to the Financial Statements

for the Period Ended 30 April 2020

4. Tangible Assets

Total
Cost £
At 01 May 2019 0
Additions 5,000
At 30 April 2020 5,000
Depreciation
At 01 May 2019 0
At 30 April 2020 0
Net book value
At 30 April 2020 5,000
At 30 April 2019 0