IBZ RESOURCES LTD


1 May 2016 false No description of principal activity Taxfiler 2017.18.Web 10145506business:PrivateLimitedCompanyLtd2016-05-012017-04-30 101455062016-04-30 101455062016-05-012017-04-30 10145506business:AuditExempt-NoAccountantsReport2016-05-012017-04-30 10145506business:FullAccounts2016-05-012017-04-30 101455062017-04-30 10145506business:Director12016-05-012017-04-30 10145506business:RegisteredOffice2016-05-012017-04-30 10145506core:WithinOneYear2017-04-30 10145506core:ShareCapital2017-04-30 10145506core:RetainedEarningsAccumulatedLosses2017-04-30 10145506business:SmallEntities2016-05-012017-04-30 10145506countries:EnglandWales2016-05-012017-04-30 10145506core:ComputerEquipment2016-05-012017-04-30 10145506core:ComputerEquipment2016-04-30 10145506core:ComputerEquipment2017-04-30 iso4217:GBP xbrli:pure
Company Registration No. 10145506 (England and Wales)
IBZ RESOURCES LTD Unaudited accounts for the year ended 30 April 2017
IBZ RESOURCES LTD Unaudited accounts Contents
Page
- 2 -
IBZ RESOURCES LTD Company Information for the year ended 30 April 2017
Director
Ibrahim oladapo Mogaji
Company Number
10145506 (England and Wales)
Registered Office
130 GAVESTONE ROAD LONDON SE12 9BL ENGLAND
Accountants
Faxon Consunting Limited 49 Rivermead House Homerton High Road London E9 5QT
- 3 -
IBZ RESOURCES LTD Statement of financial position as at 30 April 2017
2017 
Notes
£ 
Fixed assets
Tangible assets
407 
Current assets
Cash at bank and in hand
818 
Creditors: amounts falling due within one year
(512)
Net current assets
306 
Net assets
713 
Capital and reserves
Called up share capital
100 
Profit and loss account
613 
Shareholders' funds
713 
For the year ending 30 April 2017 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 30 June 2017.
Ibrahim oladapo Mogaji Director Company Registration No. 10145506
- 4 -
IBZ RESOURCES LTD Notes to the Accounts for the year ended 30 April 2017
1
Statutory information
IBZ RESOURCES LTD is a private company, limited by shares, registered in England and Wales, registration number 10145506. The registered office and principal place of business is 130 GAVESTONE ROAD, LONDON, SE12 9BL, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
20% Reducing Balance
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 May 2016
- 
Additions
339 
At 30 April 2017
339 
Depreciation
Charge for the year
(68)
At 30 April 2017
(68)
Net book value
At 30 April 2017
407 
5
Creditors: amounts falling due within one year
2017 
£ 
Corporation tax
512 
6
Average number of employees
During the year the average number of employees was 0.
- 5 -