IBridge Finance Limited - Abbreviated accounts

Registered number

07554154

IBridge Finance Limited

Abbreviated Accounts

31 March 2015

IBridge Finance Limited
Registered number:		07554154
Abbreviated Balance Sheet
as at 31 March 2015

Notes			2015			2014
£				£
Fixed assets
Tangible assets	2		2,200			-

Current assets
Debtors		55,000			-
Cash at bank and in hand		32,831			100
		87,831			100

Creditors: amounts falling due within one year		(44,272)			-

Net current assets			43,559			100

Total assets less current liabilities			45,759			100


Provisions for liabilities			(550)			-


Net assets			45,209			100

Capital and reserves
Called up share capital	3		100			100
Profit and loss account			45,109			-

Shareholders' funds			45,209			100

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



L Schwartz
Director
Approved by the board on 8 December 2015

IBridge Finance Limited
Notes to the Abbreviated Accounts
for the year ended 31 March 2015

1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

	Turnover
	Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

	Depreciation
	Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

	Office equipment			20% straight line

	Deferred taxation
	Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.


2	Tangible fixed assets					£

	Cost
	Additions					2,750
	At 31 March 2015					2,750

	Depreciation
	Charge for the year					550
	At 31 March 2015					550

	Net book value
	At 31 March 2015					2,200


3	Share capital	Nominal		2015		2015		2014
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		100		100		100