Company Registration No. 14586492 (England and Wales)
Innovative BIM Ltd
Unaudited accounts
for the year ended 31 January 2025
Innovative BIM Ltd
Unaudited accounts
Contents
Innovative BIM Ltd
Company Information
for the year ended 31 January 2025
Company Number
14586492 (England and Wales)
Registered Office
7 COOPER ROAD
SNODLAND
Kent
ME6 5JH
ENGLAND
Accountants
Rustrick Accountants Limited
380A New Hythe lane
Larkfield
Maidstone
Kent
ME20 6RZ
Innovative BIM Ltd
Statement of financial position
as at 31 January 2025
Tangible assets
4,483
1,829
Cash at bank and in hand
35,966
21,678
Creditors: amounts falling due within one year
(13,307)
(7,536)
Net current assets
23,054
17,051
Called up share capital
1
1
Profit and loss account
27,536
18,879
Shareholders' funds
27,537
18,880
For the year ending 31 January 2025 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 her 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 6 March 2025 and were signed on its behalf by
Bronwyn Dekker
Director
Company Registration No. 14586492
Innovative BIM Ltd
Notes to the Accounts
for the year ended 31 January 2025
Innovative BIM Ltd is a private company, limited by shares, registered in England and Wales, registration number 14586492. The registered office is 7 COOPER ROAD, SNODLAND, Kent, ME6 5JH, ENGLAND.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% Reducing Balance
Computer equipment
20% Reducing Balance
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 February 2024
309
1,978
2,287
At 31 January 2025
309
5,752
6,061
At 1 February 2024
62
396
458
Charge for the year
49
1,071
1,120
At 31 January 2025
111
1,467
1,578
At 31 January 2025
198
4,285
4,483
At 31 January 2024
247
1,582
1,829
Amounts falling due within one year
Innovative BIM Ltd
Notes to the Accounts
for the year ended 31 January 2025
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
9,606
6,428
Loans from directors
3,701
1,108
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).