INDIA BUSINESS HUB LTD - Limited company - abbreviated - 11.0.0

REGISTERED NUMBER: 08215055 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 September 2014

for

INDIA BUSINESS HUB LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Miss V Mahendra

REGISTERED OFFICE:

43 Temple Row

Birmingham

B2 5LS

REGISTERED NUMBER:

08215055 (England and Wales)

ACCOUNTANTS:

A K Patel & Co. Chartered Accountants

1 Coton Lane

Erdington

Birmingham

West Midlands

B23 6TP

FIXED ASSETS

Tangible assets

2

4,208

4,067

CURRENT ASSETS

Debtors

7,730

8,019

Cash at bank

50,352

19,357

58,082

27,376

CREDITORS

Amounts falling due within one year

55,920

23,480

NET CURRENT ASSETS

2,162

3,896

TOTAL ASSETS LESS CURRENT LIABILITIES

6,370

7,963

PROVISIONS FOR LIABILITIES

841

813

NET ASSETS

5,529

7,150

CAPITAL AND RESERVES

Called up share capital

3

50

50

Profit and loss account

5,479

7,100

SHAREHOLDERS' FUNDS

5,529

7,150

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 26 June 2015 and were signed by:

Miss V Mahendra - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Exemption from preparing a cash flow statement

Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a

small company.

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

Fixtures & Fittings - 15% reducing balance basis

Website Development - 20% reducing balance basis

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 October 2013

4,163

Additions

1,092

At 30 September 2014

5,255

DEPRECIATION

At 1 October 2013

96

Charge for year

951

At 30 September 2014

1,047

NET BOOK VALUE

At 30 September 2014

4,208

At 30 September 2013

4,067

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.14

30.9.13

value:

£

£

50

Ordinary Share Capital

1

50

50