1 January 2024 false No description of principal activity Taxfiler 2024.6 SC583569business:PrivateLimitedCompanyLtd2024-01-012024-12-31 SC5835692023-12-31 SC5835692024-01-012024-12-31 SC583569business:AuditExemptWithAccountantsReport2024-01-012024-12-31 SC583569business:FilletedAccounts2024-01-012024-12-31 SC5835692024-12-31 SC583569business:Director12024-01-012024-12-31 SC583569business:Director22024-01-012024-12-31 SC583569business:RegisteredOffice2024-01-012024-12-31 SC5835692023-12-31 SC583569core:WithinOneYear2024-12-31 SC583569core:WithinOneYear2023-12-31 SC583569core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 SC583569core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 SC583569core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 SC583569core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 SC583569core:PreviouslyStatedAmount2024-12-31 SC583569core:PreviouslyStatedAmount2023-12-31 SC583569business:SmallEntities2024-01-012024-12-31 SC583569countries:Scotland2024-01-012024-12-31 SC583569core:PlantMachinery2024-01-012024-12-31 SC583569core:MotorVehicles2024-01-012024-12-31 SC583569core:FurnitureFittings2024-01-012024-12-31 SC583569core:ComputerEquipment2024-01-012024-12-31 SC583569core:OtherPropertyPlantEquipment2024-01-012024-12-31 SC583569core:PlantMachinery2023-12-31 SC583569core:FurnitureFittings2023-12-31 SC583569core:PlantMachinery2024-12-31 SC583569core:FurnitureFittings2024-12-31 SC5835692023-01-012023-12-31 iso4217:GBP xbrli:pure
Company Registration No. SC583569 (Scotland)
INVENT DESIGN BUILD LTD. Unaudited accounts for the year ended 31 December 2024
INVENT DESIGN BUILD LTD. Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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INVENT DESIGN BUILD LTD. Company Information for the year ended 31 December 2024
Directors
Derek Liddle Gillian Liddle
Company Number
SC583569 (Scotland)
Registered Office
20 Langlands Avenue East Kilbride G75 0YG
Accountants
FP Business Services Ltd Atrium Business Centre North Caldeen Road Coatbridge ML5 4EF
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INVENT DESIGN BUILD LTD. Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
26,816 
32,115 
Current assets
Debtors
5
87,854 
149,125 
Cash at bank and in hand
385,176 
316,683 
473,030 
465,808 
Creditors: amounts falling due within one year
6
(25,011)
(79,868)
Net current assets
448,019 
385,940 
Net assets
474,835 
418,055 
Capital and reserves
Called up share capital
500 
500 
Profit and loss account
474,335 
417,555 
Shareholders' funds
474,835 
418,055 
For the year ending 31 December 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 directors acknowledge their 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 of Directors and authorised for issue on 12 August 2025 and were signed on its behalf by
Derek Liddle Director Company Registration No. SC583569
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INVENT DESIGN BUILD LTD. Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
INVENT DESIGN BUILD LTD. is a private company, limited by shares, registered in Scotland, registration number SC583569. The registered office is 20 Langlands Avenue, East Kilbride, G75 0YG.
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.
Presentation currency
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:
Plant & machinery
20% RBM
Motor vehicles
25% RBM
Fixtures & fittings
20% RBM
Computer equipment
33% RBM
Other tangible fixed assets
20% RBM
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2024
35,927 
5,655 
41,582 
At 31 December 2024
35,927 
5,655 
41,582 
Depreciation
At 1 January 2024
7,761 
1,706 
9,467 
Charge for the year
4,509 
790 
5,299 
At 31 December 2024
12,270 
2,496 
14,766 
Net book value
At 31 December 2024
23,657 
3,159 
26,816 
At 31 December 2023
28,166 
3,949 
32,115 
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INVENT DESIGN BUILD LTD. Notes to the Accounts for the year ended 31 December 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
258 
- 
Trade debtors
85,998 
149,125 
Other debtors
1,598 
- 
87,854 
149,125 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
19,919 
16,461 
Trade creditors
1,480 
23,366 
Taxes and social security
544 
34,803 
Other creditors
3,068 
5,249 
Loans from directors
- 
(11)
25,011 
79,868 
7
Average number of employees
During the year the average number of employees was 8 (2023: 8).
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