One of my favorite ways to add big impact to a room is to take something basic and customize it. (Or as Emeril would say...."kick it up a notch".) I think small details in a room are the best way to add personality and interest. Usually for very little money.
For example. This was a VERY basic brown leather tray from Target. It was fine how it was, but I knew I could improve it.
I took a scrap piece of mat board, cut to the size of the tray's bottom, and wrapped a couple bucks worth of fabric around it, securing with packing tape.
Pop it in the tray and it's done!
And the best part? I can change out the fabric whenever I want.
It doesn't get much easier than that.