Company Registration No. 08075968 (England and Wales)
INTERIORS IDEA LTD
Unaudited accounts
for the year ended 31 May 2025
INTERIORS IDEA LTD
Unaudited accounts
Contents
INTERIORS IDEA LTD
Company Information
for the year ended 31 May 2025
Directors
KANIA, Krzysztof
Krzysztof Kania
Company Number
08075968 (England and Wales)
Registered Office
14 JOPLING ROAD
BISLEY
WOKING
GU24 9FN
ENGLAND
Accountants
SM Accounts Ltd
Unit 47H Passfield Business Centre
Lynchborough Road
Passfield
GU30 7SB
INTERIORS IDEA LTD
Statement of financial position
as at 31 May 2025
Tangible assets
41,043
50,846
Cash at bank and in hand
29,238
18,004
Creditors: amounts falling due within one year
(73,298)
28,110
Net current (liabilities)/assets
(31,343)
51,199
Called up share capital
100
100
Profit and loss account
9,600
101,945
Shareholders' funds
9,700
102,045
For the year ending 31 May 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 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 16 December 2025 and were signed on its behalf by
KANIA, Krzysztof
Director
Company Registration No. 08075968
INTERIORS IDEA LTD
Notes to the Accounts
for the year ended 31 May 2025
INTERIORS IDEA LTD is a private company, limited by shares, registered in England and Wales, registration number 08075968. The registered office is 14 JOPLING ROAD, BISLEY, WOKING, GU24 9FN, 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.
These financial statements for the year ended 31 May 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 June 2023.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
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:
INTERIORS IDEA LTD
Notes to the Accounts
for the year ended 31 May 2025
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 June 2024
86,722
7,004
93,726
At 31 May 2025
86,722
7,004
93,726
At 1 June 2024
40,448
2,432
42,880
Charge for the year
9,255
548
9,803
At 31 May 2025
49,703
2,980
52,683
At 31 May 2025
37,019
4,024
41,043
At 31 May 2024
46,274
4,572
50,846
Amounts falling due within one year
Trade debtors
12,717
3,491
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
10,758
20,757
Taxes and social security
15,668
(63,575)
Loans from directors
4,234
-
7
Average number of employees
During the year the average number of employees was 2 (2024: 2).