INDIA BUSINESS HUB LTD - Abbreviated accounts 16.1

REGISTERED NUMBER: 08215055 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 30 September 2015

for

INDIA BUSINESS HUB LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Ms 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

4,298

4,208

CURRENT ASSETS

Debtors

4,422

7,730

Cash at bank

80,399

50,352

84,821

58,082

CREDITORS

Amounts falling due within one year

85,163

55,920

NET CURRENT (LIABILITIES)/ASSETS

(342

)

2,162

TOTAL ASSETS LESS CURRENT
LIABILITIES

3,956

6,370

PROVISIONS FOR LIABILITIES

1,575

841

NET ASSETS

2,381

5,529

CAPITAL AND RESERVES

Called up share capital

3

50

Profit and loss account

2,331

5,479

SHAREHOLDERS' FUNDS

2,381

5,529

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2015 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 1 August 2016 and were signed by:

Ms 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 January 2015).

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

20% on reducing balance

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 2014

5,255

Additions

1,079

At 30 September 2015

6,334

DEPRECIATION

At 1 October 2014

1,047

Charge for year

989

At 30 September 2015

2,036

NET BOOK VALUE

At 30 September 2015

4,298

At 30 September 2014

4,208

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.15

30.9.14

value:

£

50

ordinary

1

50