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REGISTERED NUMBER: 06977925 (England and Wales)















Financial Statements for the Year Ended 31 January 2023

for

The BIG Network Limited

The BIG Network Limited (Registered number: 06977925)






Contents of the Financial Statements
for the year ended 31 January 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


The BIG Network Limited

Company Information
for the year ended 31 January 2023







DIRECTORS: S M Dunscombe
M J Beaumont





REGISTERED OFFICE: 106 Kennedy Building
Murray Street
Manchester
M4 6HS





REGISTERED NUMBER: 06977925 (England and Wales)





ACCOUNTANTS: LJP Accounting Ltd
Barn Studios
Gaterounds
Parkgate Road
Newdigate
Surrey
RH5 5AJ

The BIG Network Limited (Registered number: 06977925)

Balance Sheet
31 January 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,786 2,530

CURRENT ASSETS
Debtors 5 17,695 35,611
Cash at bank 286,601 208,795
304,296 244,406
CREDITORS
Amounts falling due within one year 6 136,209 104,009
NET CURRENT ASSETS 168,087 140,397
TOTAL ASSETS LESS CURRENT
LIABILITIES

169,873

142,927

CREDITORS
Amounts falling due after more than one
year

7

(24,200

)

(33,000

)

PROVISIONS FOR LIABILITIES (339 ) -
NET ASSETS 145,334 109,927

CAPITAL AND RESERVES
Called up share capital 100,000 100,000
Share premium 21,000 21,000
Retained earnings 24,334 (11,073 )
SHAREHOLDERS' FUNDS 145,334 109,927

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 September 2023 and were signed on its behalf by:





S M Dunscombe - Director


The BIG Network Limited (Registered number: 06977925)

Notes to the Financial Statements
for the year ended 31 January 2023

1. STATUTORY INFORMATION

The BIG Network Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost and 20% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2022
and 31 January 2023 5,436
DEPRECIATION
At 1 February 2022 2,906
Charge for year 744
At 31 January 2023 3,650
NET BOOK VALUE
At 31 January 2023 1,786
At 31 January 2022 2,530

The BIG Network Limited (Registered number: 06977925)

Notes to the Financial Statements - continued
for the year ended 31 January 2023

5. DEBTORS
2023 2022
£    £   
Amounts falling due within one year:
Trade debtors 15,129 32,533
Other debtors 2,566 2,533
17,695 35,066

Amounts falling due after more than one year:
Other debtors - 545

Aggregate amounts 17,695 35,611

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 8,800 8,800
Trade creditors 30,768 2,876
Taxation and social security 26,159 22,585
Other creditors 70,482 69,748
136,209 104,009

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 24,200 33,000