Abbreviated Company Accounts - IBANK PLATFORM LTD

Abbreviated Company Accounts - IBANK PLATFORM LTD


Registered Number 08474022

IBANK PLATFORM LTD

Abbreviated Accounts

30 April 2015

IBANK PLATFORM LTD Registered Number 08474022

Abbreviated Balance Sheet as at 30 April 2015

Notes 2015 2014
£ £
Fixed assets
Intangible assets 2 243,116 -
243,116 -
Current assets
Stocks 5,242 -
Cash at bank and in hand 1 1
5,243 1
Net current assets (liabilities) 5,243 1
Total assets less current liabilities 248,359 1
Total net assets (liabilities) 248,359 1
Capital and reserves
Called up share capital 1 1
Profit and loss account 248,358 -
Shareholders' funds 248,359 1
  • For the year ending 30 April 2015 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.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 20 November 2015

And signed on their behalf by:
Siva Narayan, Director

IBANK PLATFORM LTD Registered Number 08474022

Notes to the Abbreviated Accounts for the period ended 30 April 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Accrued Method - No Turnover for this Period. 2016 We are invoicing

Tangible assets depreciation policy
5 Years - Straight Line

Intangible assets amortisation policy
3 Years - Straight Line

Valuation information and policy
Real Market Value

Other accounting policies
When Arise

2Intangible fixed assets
£
Cost
At 1 May 2014 0
Additions 243,116
Disposals -
Revaluations -
Transfers -
At 30 April 2015 243,116
Amortisation
At 1 May 2014 0
Charge for the year -
On disposals -
At 30 April 2015 0
Net book values
At 30 April 2015 243,116
At 30 April 2014 0

Company Start up Expenses