INVENT DESIGN BUILD LTD.


1 January 2018 false No description of principal activity Taxfiler 2019.10.Web SC583569business:PrivateLimitedCompanyLtd2018-01-012018-12-31 SC5835692017-12-31 SC5835692018-01-012018-12-31 SC583569business:AuditExemptWithAccountantsReport2018-01-012018-12-31 SC583569business:FullAccounts2018-01-012018-12-31 SC5835692018-12-31 SC583569business:Director12018-01-012018-12-31 SC583569business:RegisteredOffice2018-01-012018-12-31 SC583569core:WithinOneYear2018-12-31 SC583569core:ShareCapital2018-12-31 SC583569core:RetainedEarningsAccumulatedLosses2018-12-31 SC583569business:SmallEntities2018-01-012018-12-31 SC583569countries:Scotland2018-01-012018-12-31 SC583569core:PlantMachinery2018-01-012018-12-31 SC583569core:MotorVehicles2018-01-012018-12-31 SC583569core:FurnitureFittings2018-01-012018-12-31 SC583569core:ComputerEquipment2018-01-012018-12-31 SC583569core:OtherPropertyPlantEquipment2018-01-012018-12-31 SC583569core:PlantMachinery2017-12-31 SC583569core:PlantMachinery2018-12-31 iso4217:GBP xbrli:pure
Company Registration No. SC583569 (Scotland)
INVENT DESIGN BUILD LTD. Unaudited accounts for the year ended 31 December 2018
INVENT DESIGN BUILD LTD. Unaudited accounts Contents
Page
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INVENT DESIGN BUILD LTD. Company Information for the year ended 31 December 2018
Director
Derek Liddle
Company Number
SC583569 (Scotland)
Registered Office
22 FAIRGROVE DRIVE EAST KILBRIDE GLASGOW G75 9FH UNITED KINGDOM
Accountants
Peter Andrew 6 Gladstone Place Stirling FK8 2NN
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INVENT DESIGN BUILD LTD. Statement of financial position as at 31 December 2018
2018 
Notes
£ 
Fixed assets
Tangible assets
891 
Current assets
Debtors
6,083 
Cash at bank and in hand
96,341 
102,424 
Creditors: amounts falling due within one year
(17,310)
Net current assets
85,114 
Net assets
86,005 
Capital and reserves
Called up share capital
500 
Profit and loss account
85,505 
Shareholders' funds
86,005 
For the year ending 31 December 2018 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 3 September 2019.
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 2018
1
Statutory information
INVENT DESIGN BUILD LTD. is a private company, limited by shares, registered in Scotland, registration number SC583569. The registered office is 22 FAIRGROVE DRIVE, EAST KILBRIDE, GLASGOW, G75 9FH, UNITED KINGDOM.
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 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%
Motor vehicles
25%
Fixtures & fittings
20%
Computer equipment
33%
Other tangible fixed assets
20%
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 
£ 
Cost or valuation
At cost 
At 1 January 2018
- 
Additions
1,330 
At 31 December 2018
1,330 
Depreciation
Charge for the year
439 
At 31 December 2018
439 
Net book value
At 31 December 2018
891 
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INVENT DESIGN BUILD LTD. Notes to the Accounts for the year ended 31 December 2018
5
Debtors
2018 
£ 
Trade debtors
6,083 
6
Creditors: amounts falling due within one year
2018 
£ 
Taxes and social security
16,565 
Other creditors
745 
17,310 
7
Average number of employees
During the year the average number of employees was 3.
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