Registered number
14530772
The BIM Office Limited
Filleted Accounts
for the period from 8 December 2022 to 31 December 2023
The BIM Office Limited
Registered number: 14530772
Balance Sheet
as at 31 December 2023
Notes 2023
£
Fixed assets
Tangible assets 3 1,060
Current assets
Cash at bank and in hand 3,228
Creditors: amounts falling due within one year 4 (3,518)
Net current liabilities (290)
Net assets 770
Capital and reserves
Called up share capital 1
Profit and loss account 769
Shareholder's funds 770
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mohammad Choudhry
Director
Approved by the board on 21 August 2024
The BIM Office Limited
Notes to the Accounts
for the period from 8 December 2022 to 31 December 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts. Turnover includes revenue earned from the rendering of services.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Furniture, fixture & equipment 20% reducing balance
Motor vehicles 20% reducing balance
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2023
Number
Average number of persons employed by the company 0
3 Tangible fixed assets
Furniture, fixture & equipment
£
Cost
Additions 1,325
At 31 December 2023 1,325
Depreciation
Charge for the period 265
At 31 December 2023 265
Net book value
At 31 December 2023 1,060
4 Creditors: amounts falling due within one year 2023
£
Taxation and social security costs 2,981
Other creditors 537
3,518
5 Other information
The BIM Office Limited is a private company limited by shares and incorporated in England. Its registered office is:
124-128 City Road
London
EC1V 2NX
The BIM Office Limited 14530772 false 2022-12-08 2023-12-31 2023-12-31 VT Final Accounts October 2023 release 2 Mohammad Choudhry No description of principal activity 14530772 2022-12-08 2023-12-31 14530772 bus:PrivateLimitedCompanyLtd 2022-12-08 2023-12-31 14530772 bus:AuditExempt-NoAccountantsReport 2022-12-08 2023-12-31 14530772 bus:Director40 2022-12-08 2023-12-31 14530772 1 2022-12-08 2023-12-31 14530772 2 2022-12-08 2023-12-31 14530772 countries:England 2022-12-08 2023-12-31 14530772 bus:FRS102 2022-12-08 2023-12-31 14530772 bus:FullAccounts 2022-12-08 2023-12-31 14530772 2023-12-31 14530772 core:WithinOneYear 2023-12-31 14530772 core:ShareCapital 2023-12-31 14530772 core:RetainedEarningsAccumulatedLosses 2023-12-31 14530772 2022-12-07 iso4217:GBP xbrli:pure