Company Registration No. 08181876 (England and Wales)
Building Needs Limited
Unaudited accounts
for the year ended 31 August 2024
Building Needs Limited
Unaudited accounts
Contents
Building Needs Limited
Company Information
for the year ended 31 August 2024
Director
Harmeet Singh Sanghere
Company Number
08181876 (England and Wales)
Registered Office
82 Tangmere Close
Gillingham
Kent
ME7 2TN
England
Accountants
SAAP & Associates Limited
Thames House
3 Wellington Street
Woolwich
London
SE18 6NY
Building Needs Limited
Statement of financial position
as at 31 August 2024
Tangible assets
1,075,035
1,075,107
Cash at bank and in hand
32,267
4,761
Creditors: amounts falling due within one year
(160,105)
(167,473)
Net current liabilities
(123,337)
(148,209)
Total assets less current liabilities
951,698
926,898
Creditors: amounts falling due after more than one year
(798,351)
(798,351)
Net assets
153,347
128,547
Called up share capital
1
1
Profit and loss account
153,346
128,546
Shareholders' funds
153,347
128,547
For the year ending 31 August 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 27 May 2025 and were signed on its behalf by
Harmeet Singh Sanghere
Director
Company Registration No. 08181876
Building Needs Limited
Notes to the Accounts
for the year ended 31 August 2024
Building Needs Limited is a private company, limited by shares, registered in England and Wales, registration number 08181876. The registered office is 82 Tangmere Close, Gillingham, Kent, ME7 2TN, 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.
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2023
1,074,821
649
3,800
1,079,270
At 31 August 2024
1,074,821
649
3,800
1,079,270
At 1 September 2023
-
649
3,514
4,163
Charge for the year
-
-
72
72
At 31 August 2024
-
649
3,586
4,235
At 31 August 2024
1,074,821
-
214
1,075,035
At 31 August 2023
1,074,821
-
286
1,075,107
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
5,834
8,247
Loans from directors
153,383
157,486
6
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
798,351
798,351
Building Needs Limited
Notes to the Accounts
for the year ended 31 August 2024
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).