Company Registration No. 6266575 (England and Wales)
Builddecor Services Limited
Unaudited accounts
for the year ended 31 March 2017
Builddecor Services Limited
Unaudited accounts
Contents
Builddecor Services Limited
Company Information
for the year ended 31 March 2017
Director
Andrzej Raczkowski
Company Number
6266575 (England and Wales)
Registered Office
UNIT 14
63 JEDDO ROAD
LONDON
W12 9EE
Accountants
AM Accountax Ltd
63 Jeddo Road, Unit 14
London
W12 9EE
Builddecor Services Limited
Statement of financial position
as at
31 March 2017
Cash at bank and in hand
17,355
58,401
Creditors: amounts falling due within one year
(32,308)
(65,532)
Net current liabilities
(14,953)
(7,131)
Net liabilities
(14,765)
(6,880)
Called up share capital
100
100
Profit and loss account
(14,865)
(6,980)
Shareholders' funds
(14,765)
(6,880)
For the year ending 31 March 2017 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.
Approved by the Board on 12 October 2017.
Andrzej Raczkowski
Director
Company Registration No. 6266575
Builddecor Services Limited
Notes to the Accounts
for the year ended 31 March 2017
Builddecor Services Limited is a private company, limited by shares, registered in England and Wales, registration number 6266575. The registered office and principal place of business is UNIT 14, 63 JEDDO ROAD, LONDON, W12 9EE.
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 March 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2015.
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.
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:
Builddecor Services Limited
Notes to the Accounts
for the year ended 31 March 2017
4
Tangible fixed assets
Computer equipment
Cost or valuation
At cost
5
Creditors: amounts falling due within one year
2017
2016
Taxes and social security
-
13,086
Loans from directors
31,678
52,386
6
Average number of employees
During the year the average number of employees was 0 (2016: 0).