INDUSTRIAL BUSINESS PROPERTIES LTD 31/05/2023 iXBRL
INDUSTRIAL BUSINESS PROPERTIES LTD 31/05/2023 iXBRL
Company registration number:
NI626742
Trading as
INDUSTRIAL BUSINESS PROPERTIES LTD
Contents
Directors and other information
Accountants report
Statement of financial position and notes to the financial statements
Directors and other information
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| Accountants |
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| 2nd Floor | ||
| The Cornmill, Lineside | ||
| Coalisland | ||
| Tyrone | ||
| BT71 4LP | ||
| Bankers |
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| 2-4 East Bridge Street | ||
| Enniskillen | ||
| Fermanagh | ||
| BT74 7BT | ||
| Solicitors |
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| Sinclair House | ||
| 89 Royal Avenue | ||
| Belfast | ||
| Antrim | ||
| BT1 1EX | ||
Report to the board of directors on the preparation of the
unaudited statutory financial statements of INDUSTRIAL BUSINESS PROPERTIES LTD
Year ended 31 May 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of INDUSTRIAL BUSINESS PROPERTIES LTD for the year ended 31 May 2023 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of Chartered Accountants Ireland, we are subject to its ethical and other professional requirements which are detailed at www.charteredaccountants.ie.
This report is made solely to the board of directors of INDUSTRIAL BUSINESS PROPERTIES LTD, as a body, in accordance with the terms of our engagement letter dated 1 June 2023. Our work has been undertaken solely to prepare for your approval the financial statements of INDUSTRIAL BUSINESS PROPERTIES LTD and state those matters that we have agreed to state to the board of directors of INDUSTRIAL BUSINESS PROPERTIES LTD as a body, in this report in accordance with the requirements of Chartered Accountants Ireland as detailed at www.charteredaccountants.ie. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than INDUSTRIAL BUSINESS PROPERTIES LTD and its board of directors as a body for our work or for this report.
It is your duty to ensure that INDUSTRIAL BUSINESS PROPERTIES LTD has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of INDUSTRIAL BUSINESS PROPERTIES LTD. You consider that INDUSTRIAL BUSINESS PROPERTIES LTD is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of INDUSTRIAL BUSINESS PROPERTIES LTD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Chartered Accountant
2nd Floor
The Cornmill, Lineside
Coalisland
Tyrone
BT71 4LP
15 February 2024
Statement of financial position
31 May 2023
| 2023 | 2022 | ||||||
| £ | £ | £ | £ | ||||
| Fixed assets |
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| _______ | _______ | ||||||
| Current assets |
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| Prepayments and accrued income |
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| _______ | _______ | ||||||
| 220,448 | 230,039 | ||||||
| Creditors: amounts falling due within one year |
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| _______ | _______ | ||||||
| Net current assets |
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| _______ | _______ | ||||||
| Total assets less current liabilities |
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| Provisions for liabilities |
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| Accruals and deferred income |
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| _______ | _______ | ||||||
| Net assets |
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| _______ | _______ | ||||||
| Capital and reserves |
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| _______ | _______ | ||||||
Year ended 31 May 2023
Notes to the financial statements
1.
Employee numbers
The average number of persons employed by the company during the year amounted to Nil (2022: Nil).
2.
Capital commitments
Directors responsiblities:
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The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These financial statements were approved by the
board of directors
and authorised for issue on
15 February 2024
, and are signed on behalf of the board by:
Director
Director
Company registration number:
NI626742
The company is a private company limited by shares, registered in Northern Ireland.