This is a picture from the IKEA catalog 2010, and this is a small bedsit that is decorated to show how you can use your small space. This is my favorite from the catalog because they have achieved so much in such a small space.
Also, I like the expression and I like the furniture they've used in the room. Among other things, they have exploited the hight of the ceiling very well and decorated upwards (which is a great tip for you with a small room but a high ceiling). They have hung the guest chairs on the wall, they have put up a shelf above the cabinet for extra storage, they have hung hooks on the wall to hang your jewelry on, etc. If you want more inspiration, visit www.ikea.com.