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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
Page
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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
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Building Needs Limited Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,075,035 
1,075,107 
Current assets
Inventories
4,501 
14,503 
Cash at bank and in hand
32,267 
4,761 
36,768 
19,264 
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 
Capital and reserves
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
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Building Needs Limited Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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 
Depreciation
At 1 September 2023
- 
649 
3,514 
4,163 
Charge for the year
- 
- 
72 
72 
At 31 August 2024
- 
649 
3,586 
4,235 
Net book value
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 
Accruals
888 
1,740 
160,105 
167,473 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
798,351 
798,351 
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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).
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