Abbreviated Company Accounts - IBANK PLATFORM LTD

Abbreviated Company Accounts - IBANK PLATFORM LTD

IBANK PLATFORM LTD - Company Information

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Registered Number 08474022

IBANK PLATFORM LTD

Abbreviated Accounts

30 April 2016

IBANK PLATFORM LTD Registered Number 08474022

Abbreviated Balance Sheet as at 30 April 2016

Notes 2016 2015
£ £
Called up share capital not paid 1 1
Fixed assets
Intangible assets 2 363,116 243,116
Tangible assets 3 200,000 -
563,116 243,116
Current assets
Stocks 5,242 5,242
Debtors - -
Investments - -
5,242 5,242
Net current assets (liabilities) 5,242 5,242
Total assets less current liabilities 568,359 248,359
Creditors: amounts falling due after more than one year (200,000) 0
Total net assets (liabilities) 368,359 248,359
Capital and reserves
Called up share capital 1 1
Profit and loss account 368,358 248,358
Shareholders' funds 368,359 248,359
  • For the year ending 30 April 2016 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 30 April 2016

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 2016

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.

2Intangible fixed assets
£
Cost
At 1 May 2015 243,116
Additions 120,000
Disposals -
Revaluations -
Transfers -
At 30 April 2016 363,116
Amortisation
At 1 May 2015 -
Charge for the year -
On disposals -
At 30 April 2016 -
Net book values
At 30 April 2016 363,116
At 30 April 2015 243,116

The Emoluments not received by director

3Tangible fixed assets
£
Cost
At 1 May 2015 0
Additions 200,000
Disposals -
Revaluations -
Transfers -
At 30 April 2016 200,000
Depreciation
At 1 May 2015 -
Charge for the year -
On disposals -
At 30 April 2016 -
Net book values
At 30 April 2016 200,000
At 30 April 2015 0

Asset transferred by the Director