|
|
|
|
INTERBUILD PROPERTIES LIMITED
|
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Interbuild Limited is a private company limited by share capital. The company is registered in England and Wales, company number 03440854. The company's registered office is located at 28 Jacaranda House, Woburn Hill Park, Woburn Hill, Addlestone Surrey KT15 2NZ.
2.Accounting policies
|
|
|
Basis of preparation of financial statements
|
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The following principal accounting policies have been applied:
The company is reliant on support provided by the director. It is the director's intention to
continue to provide support for the foreseeable future. The accounts have therefore been prepared
on the basis that the company remains a going concern.
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
|
|
The average monthly number of employees, including directors, during the year was 0 (2023 - 1).
|
|