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REGISTERED NUMBER: 08600367 (England and Wales)


















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 JULY 2024

FOR

INTERIOR ELEGANCE LTD

INTERIOR ELEGANCE LTD (REGISTERED NUMBER: 08600367)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 JULY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


INTERIOR ELEGANCE LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 29 JULY 2024







DIRECTOR: C Landsborough





REGISTERED OFFICE: Fulford House
Newbold Terrace
Leamington Spa
Warwickshire
CV32 4EA





REGISTERED NUMBER: 08600367 (England and Wales)





ACCOUNTANTS: TGFP
Chartered Accountants
Fulford House
Newbold Terrace
Leamington Spa
Warwickshire
CV32 4EA

INTERIOR ELEGANCE LTD (REGISTERED NUMBER: 08600367)

BALANCE SHEET
29 JULY 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 56,761 13,340

CURRENT ASSETS
Debtors 5 49,440 84,819
Cash at bank and in hand 137,313 140,274
186,753 225,093
CREDITORS
Amounts falling due within one year 6 172,081 196,951
NET CURRENT ASSETS 14,672 28,142
TOTAL ASSETS LESS CURRENT
LIABILITIES

71,433

41,482

CREDITORS
Amounts falling due after more than one
year

7

(13,091

)

(23,274

)

PROVISIONS FOR LIABILITIES (9,133 ) -
NET ASSETS 49,209 18,208

CAPITAL AND RESERVES
Called up and paid share capital 100 100
Retained earnings 49,109 18,108
SHAREHOLDERS' FUNDS 49,209 18,208

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 July 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

INTERIOR ELEGANCE LTD (REGISTERED NUMBER: 08600367)

BALANCE SHEET - continued
29 JULY 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 April 2025 and were signed by:





C Landsborough - Director


INTERIOR ELEGANCE LTD (REGISTERED NUMBER: 08600367)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 JULY 2024


1. STATUTORY INFORMATION

Interior Elegance Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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 historical cost convention.

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.
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

INTERIOR ELEGANCE LTD (REGISTERED NUMBER: 08600367)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 JULY 2024


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 30 July 2023 61,154
Additions 63,250
At 29 July 2024 124,404
DEPRECIATION
At 30 July 2023 47,814
Charge for year 19,829
At 29 July 2024 67,643
NET BOOK VALUE
At 29 July 2024 56,761
At 29 July 2023 13,340

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 24,610 45,969
Amounts owed by participating interests 9,865 9,344
Other debtors 14,965 29,506
49,440 84,819

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,183 9,932
Trade creditors 608 39,424
Amounts owed to participating interests 71,244 104,024
Taxation and social security 33,964 33,223
Other creditors 56,082 10,348
172,081 196,951

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 13,091 23,274

INTERIOR ELEGANCE LTD (REGISTERED NUMBER: 08600367)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 JULY 2024


8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

During the year the director operated a loan with the company with no fixed terms of repayment or interest. Amounts advanced during the year were £Nil (2023 - £26,933). At the year end the amount owing to the company was £Nil (2023 - £26,933).