Buildeo Limited
Exception report
for the year ended 31 October 2023
The following differences exist between the previous year's closing balances per the accounts and the
current year's opening balances per the Trial Balance:
Reserves
Opening balance at
1 November 2022
per TB
Balance at 31
October 2022 per
accounts
Difference
£ £ £
Profit and loss account (Account 968) 14,144 126,088 (111,944)
14,144 126,088 (111,944)
This page does not form part of the statutory financial statements.
Company registration number: 08734963
Unaudited financial statements
for the year ended 31 October 2023
for
Buildeo Limited
Pages for filing with the Registrar
Company registration number: 08734963
Buildeo Limited
Balance sheet
as at 31 October 2023
31 Oct 23 31 Oct 22
Note £ £ £ £
Fixed assets
Tangible assets 4 12,985 17,313
12,985 17,313
Current assets
Debtors 232,924 144,294
Investments 95,000 200,000
Cash at bank and in hand 166,027 21,734
493,951 366,028
Creditors: amounts falling due within one
year
(160,144) (236,734)
Net current assets 333,807 129,294
Total assets less current liabilities 346,792 146,607
Creditors: Amounts falling due after more
than one year
(330,122) (20,419)
NET ASSETS 16,670 126,188
Capital and reserves
Called up share capital 100 100
Profit and loss account 16,570 126,088
TOTAL EQUITY 16,670 126,188
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 October 2023.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 08734963
Buildeo Limited
Balance sheet - continued
as at 31 October 2023
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered to the Registrar.
Signed by:
Mr J Piorkowski, Director
4 April 2025
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Buildeo Limited
Notes to the financial statements
for the year ended 31 October 2023
1 Company information
Buildeo Limited is a private company registered in England and Wales. Its registered number is 08734963. The company is limited by shares. Its registered office is Capital Office, 124-128 City Road, London, London, EC1V 2NX.
2 Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention.
Presentation currency
The company's financial statements are presented in sterling.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Plant and machinery - 25% straight line
Fixtures & fittings - 25% straight line
Motor vehicles - 25% straight line
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Buildeo Limited
Notes to the financial statements - continued
for the year ended 31 October 2023
2 Accounting policies - continued
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was 5 (2022 - 3).
4 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 1 November 2022 93,105
At 31 October 2023 93,105
Depreciation
At 1 November 2022 75,792
Charge for year 4,328
At 31 October 2023 80,120
Net book value
At 31 October 2023 12,985
At 31 October 2022 17,313
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