REGISTERED NUMBER: 05029441 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2015

FOR

INTERNATIONAL BUSINESS SOLUTIONS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

S C Williams

SECRETARY:

Ms A E Williams

REGISTERED OFFICE:

54 Mayfield Ridge

Hatch Warren

Basingstoke

Hampshire

RG22 4RS

REGISTERED NUMBER:

05029441 (England and Wales)

ACCOUNTANTS:

Mitchell Glanville Limited

41 Rodney Road

Cheltenham

Gloucestershire

GL50 1HX

FIXED ASSETS

Intangible assets

2

-

-

Tangible assets

3

152

203

152

203

CURRENT ASSETS

Debtors

-

330

Cash at bank

1,083

906

1,083

1,236

CREDITORS

Amounts falling due within one year

2,153

2,463

NET CURRENT LIABILITIES

(1,070

)

(1,227

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(918

)

(1,024

)

CAPITAL AND RESERVES

Called up share capital

4

1

1

Profit and loss account

(919

)

(1,025

)

SHAREHOLDERS' FUNDS

(918

)

(1,024

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 29 May 2015 and were signed by:

S C Williams - 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 April 2008).

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

and 31 March 2015

5,000

AMORTISATION

At 1 April 2014

and 31 March 2015

5,000

NET BOOK VALUE

At 31 March 2015

-

At 31 March 2014

-

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2014

and 31 March 2015

2,895

DEPRECIATION

At 1 April 2014

2,692

Charge for year

51

At 31 March 2015

2,743

NET BOOK VALUE

At 31 March 2015

152

At 31 March 2014

203

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2015

2014

value:

£

£

1

Ordinary

£1

1

1

5.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2015 and 31 March 2014:

2015

2014

£

£

S C Williams

Balance outstanding at start of year

(1,342

)

(492

)

Amounts repaid

(196

)

(850

)

Balance outstanding at end of year

(1,538

)

(1,342

)