1 June 2022 false No description of principal activity Taxfiler 2023.14 08075968business:PrivateLimitedCompanyLtd2022-06-012023-05-31 080759682022-05-31 080759682022-06-012023-05-31 08075968business:AuditExemptWithAccountantsReport2022-06-012023-05-31 08075968business:FilletedAccounts2022-06-012023-05-31 080759682023-05-31 08075968business:Director12022-06-012023-05-31 08075968business:RegisteredOffice2022-06-012023-05-31 08075968core:WithinOneYear2023-05-31 08075968core:AfterOneYear2023-05-31 08075968core:ShareCapitalcore:PreviouslyStatedAmount2023-05-31 08075968core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-05-31 08075968core:PreviouslyStatedAmount2023-05-31 08075968business:SmallEntities2022-06-012023-05-31 08075968countries:EnglandWales2022-06-012023-05-31 08075968core:MotorVehicles2022-06-012023-05-31 08075968core:ComputerEquipment2022-06-012023-05-31 08075968core:MotorVehicles2022-05-31 08075968core:ComputerEquipment2022-05-31 08075968core:MotorVehicles2023-05-31 08075968core:ComputerEquipment2023-05-31 iso4217:GBP xbrli:pure
Company Registration No. 08075968 (England and Wales)
INTERIORS IDEA LTD Unaudited accounts for the year ended 31 May 2023
INTERIORS IDEA LTD Unaudited accounts Contents
Page
- 2 -
INTERIORS IDEA LTD Company Information for the year ended 31 May 2023
Director
KANIA, Krzysztof
Company Number
08075968 (England and Wales)
Registered Office
14 JOPLING ROAD BISLEY WOKING GU24 9FN ENGLAND
Accountants
SM Accounts Ltd Building 51 Budds Lane Bordon GU35 0FJ
- 3 -
INTERIORS IDEA LTD Statement of financial position as at 31 May 2023
2023 
Notes
£ 
Fixed assets
Tangible assets
53,906 
Current assets
Inventories
2,380 
Debtors
55,288 
Cash at bank and in hand
108,763 
166,431 
Creditors: amounts falling due within one year
(52,965)
Net current assets
113,466 
Total assets less current liabilities
167,372 
Creditors: amounts falling due after more than one year
(20,100)
Net assets
147,272 
Capital and reserves
Called up share capital
100 
Profit and loss account
147,172 
Shareholders' funds
147,272 
For the year ending 31 May 2023 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.
The financial statements were approved by the Board and authorised for issue on 15 February 2024 and were signed on its behalf by
KANIA, Krzysztof Director Company Registration No. 08075968
- 4 -
INTERIORS IDEA LTD Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
INTERIORS IDEA LTD is a private company, limited by shares, registered in England and Wales, registration number 08075968. The registered office is 14 JOPLING ROAD, BISLEY, WOKING, GU24 9FN, 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 remained unchanged from the previous year, and also 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:
Motor vehicles
20% Reducing Balance
Computer equipment
20% Reducing Balance
4
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 June 2022
76,412 
2,787 
79,199 
Additions
- 
3,468 
3,468 
At 31 May 2023
76,412 
6,255 
82,667 
Depreciation
At 1 June 2022
15,417 
1,064 
16,481 
Charge for the year
11,557 
723 
12,280 
At 31 May 2023
26,974 
1,787 
28,761 
Net book value
At 31 May 2023
49,438 
4,468 
53,906 
- 5 -
INTERIORS IDEA LTD Notes to the Accounts for the year ended 31 May 2023
5
Debtors
2023 
£ 
Amounts falling due within one year
VAT
349 
Deferred tax asset
26 
Accrued income and prepayments
588 
963 
Amounts falling due after more than one year
Other debtors
54,325 
6
Creditors: amounts falling due within one year
2023 
£ 
Bank loans and overdrafts
10,648 
Trade creditors
2,389 
Taxes and social security
13,172 
Loans from directors
14,332 
Accruals
12,424 
52,965 
7
Creditors: amounts falling due after more than one year
2023 
£ 
Bank loans
20,100 
8
Average number of employees
During the year the average number of employees was 2.
- 6 -