Registered number
10421732
Tijs Bauer Design & Build Ltd
Filleted Accounts
31 October 2024
Tijs Bauer Design & Build Ltd
Registered number: 10421732
Balance Sheet
as at 31 October 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 12,443 13,760
Current assets
Debtors 4 17,005 3,312
Cash at bank and in hand 48,821 77,966
65,826 81,278
Creditors: amounts falling due within one year 5 (76,805) (82,754)
Net current liabilities (10,979) (1,476)
Net assets 1,464 12,284
Capital and reserves
Called up share capital 100 100
Profit and loss account 1,364 12,184
Shareholder's funds 1,464 12,284
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.
Tijs Bauer
Director
Approved by the board on 21 November 2024
Tijs Bauer Design & Build Ltd
Notes to the Accounts
for the year ended 31 October 2024
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 and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 November 2023 1,021 23,748 24,769
Additions - 6,500 6,500
At 31 October 2024 1,021 30,248 31,269
Depreciation
At 1 November 2023 511 10,499 11,010
Charge for the year 254 7,562 7,816
At 31 October 2024 765 18,061 18,826
Net book value
At 31 October 2024 256 12,187 12,443
At 31 October 2023 510 13,249 13,759
4 Debtors 2024 2023
£ £
Trade debtors 16,505 2,812
Other debtors 500 500
17,005 3,312
5 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 10,995 22,616
Taxation and social security costs 35,687 37,838
Other creditors 30,123 22,300
76,805 82,754
6 Related party transactions
All transactions with related parties are done at commercial value and at arms length
7 Controlling party
The ultimate controlling party is Tijs Bauer.
8 Other information
Tijs Bauer Design & Build Ltd is a private company limited by shares and incorporated in England. Its registered office is:
42 Brunswick Terrace
Hove
BN3 1HA
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