Company Registration No. 08423996 (England and Wales)
BV Interiors Ltd
Unaudited accounts
for the year ended 29 February 2024
BV Interiors Ltd
Unaudited accounts
Contents
BV Interiors Ltd
Company Information
for the year ended 29 February 2024
Company Number
08423996 (England and Wales)
Registered Office
Flat 2
55 Church Lane
London
N2 8DR
BV Interiors Ltd
Statement of financial position
as at 29 February 2024
Tangible assets
29,150
15,527
Cash at bank and in hand
343,220
270,355
Creditors: amounts falling due within one year
(174,960)
(134,938)
Net current assets
171,140
154,002
Total assets less current liabilities
200,290
169,529
Creditors: amounts falling due after more than one year
(45,958)
(32,667)
Net assets
154,332
136,862
Called up share capital
1
1
Profit and loss account
154,331
136,861
Shareholders' funds
154,332
136,862
For the year ending 29 February 2024 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 8 November 2024 and were signed on its behalf by
Mr Blagoy Vishev
Director
Company Registration No. 08423996
BV Interiors Ltd
Notes to the Accounts
for the year ended 29 February 2024
BV Interiors Ltd is a private company, limited by shares, registered in England and Wales, registration number 08423996. The registered office is Flat 2, 55 Church Lane, London, N2 8DR.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% on cost
Computer equipment
50% on cost
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 March 2023
43,651
2,510
46,161
At 29 February 2024
72,667
2,510
75,177
At 1 March 2023
28,984
1,650
30,634
Charge for the year
14,533
860
15,393
At 29 February 2024
43,517
2,510
46,027
At 29 February 2024
29,150
-
29,150
At 28 February 2023
14,667
860
15,527
BV Interiors Ltd
Notes to the Accounts
for the year ended 29 February 2024
Amounts falling due within one year
Accrued income and prepayments
2,470
2,470
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
6,086
5,682
Obligations under finance leases and hire purchase contracts
6,745
13,222
Trade creditors
44,515
74,325
Taxes and social security
52,296
36,930
Other creditors
28,948
4,779
7
Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
9
Average number of employees
During the year the average number of employees was 3 (2023: 1).