Abbreviated Company Accounts - BUILDING INTERIORS LIMITED

BUILDING INTERIORS LIMITED - Company Information

07337412 BUILDING INTERIORS LIMITED 2014-08-31 false 2013-09-01 2014-08-31 true 07337412 2013-09-01 2014-08-31 07337412 2014-08-31 07337412 2013-08-31 07337412 uk-gaap-cd-bus:Director1 2013-09-01 2014-08-31 07337412 uk-gaap-cd-bus:Director2 2013-09-01 2014-08-31 uk-gaap-cd-bus:Director3 2013-09-01 2014-08-31 uk-gaap-cd-bus:Director3 2014-08-31 uk-gaap-cd-bus:Director3 2013-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-09-01 2014-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-08-31 iso4217:GBP shares

Registered Number 07337412

BUILDING INTERIORS LIMITED

Abbreviated Accounts

31 August 2014

BUILDING INTERIORS LIMITED Registered Number 07337412

Abbreviated Balance Sheet as at 31 August 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	879	327
		879	327
Current assets
Debtors		52,497	19,040
Cash at bank and in hand		70,913	115,891
		123,410	134,931
Prepayments and accrued income		13,202	30,476
Creditors: amounts falling due within one year		(68,778)	(76,309)
Net current assets (liabilities)		67,834	89,098
Total assets less current liabilities		68,713	89,425
Provisions for liabilities		(176)	(65)
Accruals and deferred income		(27,860)	(14,387)
Total net assets (liabilities)		40,677	74,973
Capital and reserves
Called up share capital	3	10	3
Profit and loss account		40,667	74,970
Shareholders' funds		40,677	74,973

For the year ending 31 August 2014 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 21 May 2015

And signed on their behalf by:
Ian Brough, Director

BUILDING INTERIORS LIMITED Registered Number 07337412

Notes to the Abbreviated Accounts for the period ended 31 August 2014

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.

Turnover policy
Turnover represents the total invoice value, excluding value added tax, of sales made during the year.

Tangible assets depreciation policy
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:

Fixtures, fittings and equipment - 25% straight line

Other accounting policies
Pensions

The pension costs charged in the financial statements represent the contribution payable by the
company during the year.

Deferred taxation

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that the recognition of deferred tax assets is limited to the extent that the company anticipates making sufficient taxable profits in the future to absorb the reversal of the underlying timing differences. Deferred tax balances are not discounted.

2Tangible fixed assets

	£
Cost
At 1 September 2013	673
Additions	825
Disposals	-
Revaluations	-
Transfers	-
At 31 August 2014	1,498
Depreciation
At 1 September 2013	346
Charge for the year	273
On disposals	-
At 31 August 2014	619
Net book values
At 31 August 2014	879
At 31 August 2013	327

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
10 Ordinary shares of £1 each (3 shares for 2013)	10	3

During the year 7 Ordinary £1 shares were allotted to the director, Ian Brough.

4Transactions with directors

Name of director receiving advance or credit:	Ian Brough
Description of the transaction:	Loan
Balance at 1 September 2013:	£ 0
Advances or credits made:	£ 1,347
Advances or credits repaid:	£ 1,347
Balance at 31 August 2014:	£ 0