Company Registration No. 03081400 (England and Wales)
Interior Enterprises Limited
Unaudited accounts
for the year ended 31 July 2019
Interior Enterprises Limited
Unaudited accounts
Contents
Interior Enterprises Limited
Statement of financial position
as at 31 July 2019
Cash at bank and in hand
1,965
124,907
Creditors: amounts falling due within one year
(221,394)
(399,619)
Net current liabilities
(57,517)
(116,485)
Total assets less current liabilities
(54,644)
(116,032)
Creditors: amounts falling due after more than one year
(139,268)
(160,005)
Net liabilities
(193,912)
(276,037)
Called up share capital
1,025
1,025
Revaluation reserve
450
450
Profit and loss account
(195,387)
(277,512)
Shareholders' funds
(193,912)
(276,037)
For the year ending 31 July 2019 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 April 2020.
A Keenor
Director
Company Registration No. 03081400
Interior Enterprises Limited
Notes to the Accounts
for the year ended 31 July 2019
Interior Enterprises Limited is a private company, limited by shares, registered in England and Wales, registration number 03081400. The registered office is Suite 140 Maddison House, 226 High Street, Croydon, Surrey, CR9 1DF, 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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Plant & machinery
20% reducing balance
Motor vehicles
20% reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
The accounts have been prepared on a going concern basis, the applicability of which is dependent upon the continued support of the company's creditors and its financiers. At the balance sheet date the company's current liabilities exceeded its current assets. In the opinion of the directors, the company has the continued support of its creditors and financiers for the foreseeable future and it is therefore considered appropriate to adopt the going concern policy.
4
Intangible fixed assets
Goodwill
Interior Enterprises Limited
Notes to the Accounts
for the year ended 31 July 2019
5
Tangible fixed assets
Plant & machinery
6
Investments
Other investments
Valuation at 1 August 2018
450
Valuation at 31 July 2019
450
Work in progress
25,000
30,000
Trade debtors
125,468
45,260
Other debtors
11,444
82,967
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Creditors: amounts falling due within one year
2019
2018
Bank loans and overdrafts
37,379
19,500
Trade creditors
159,454
281,544
Other creditors
24,561
98,575
Interior Enterprises Limited
Notes to the Accounts
for the year ended 31 July 2019
10
Creditors: amounts falling due after more than one year
2019
2018
Other creditors
136,233
131,233
Allotted, called up and fully paid:
1,025 Ordinary shares of £1 each
1,025
1,025
12
Average number of employees
During the year the average number of employees was 5 (2018: 6).
