Big Squeeze Design Agency Ltd 13023522 false 2022-12-01 2023-11-30 2023-11-30 The principal activity of the company is Digital Marketing and Design Digita Accounts Production Advanced 6.30.9574.0 true 13023522 2022-12-01 2023-11-30 13023522 2023-11-30 13023522 core:CurrentFinancialInstruments core:WithinOneYear 2023-11-30 13023522 core:OfficeEquipment 2023-11-30 13023522 bus:SmallEntities 2022-12-01 2023-11-30 13023522 bus:AuditExemptWithAccountantsReport 2022-12-01 2023-11-30 13023522 bus:FullAccounts 2022-12-01 2023-11-30 13023522 bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 13023522 bus:RegisteredOffice 2022-12-01 2023-11-30 13023522 bus:Director1 2022-12-01 2023-11-30 13023522 bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 13023522 core:OfficeEquipment 2022-12-01 2023-11-30 13023522 countries:EnglandWales 2022-12-01 2023-11-30 13023522 2022-11-30 13023522 core:OfficeEquipment 2022-11-30 13023522 2021-12-01 2022-11-30 13023522 2022-11-30 13023522 core:CurrentFinancialInstruments core:WithinOneYear 2022-11-30 13023522 core:OfficeEquipment 2022-11-30 iso4217:GBP xbrli:pure

Registration number: 13023522

Report of the Director and


Annual Report and Unaudited Financial Statements

for the Year Ended 30 November 2023

for
 

Big Squeeze Design Agency Ltd

 

Big Squeeze Design Agency Ltd

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 6

 

Big Squeeze Design Agency Ltd

Company Information

Director:

D J Stramotas

Registered office:

22 Paxton Road
Chiswick
London
W4 2QX

Registered number:

13023522

Accountants:

Wem & Co
Chartered Accountants
Savoy House
Savoy Circus
London
W3 7DA

 

Big Squeeze Design Agency Ltd

(Registration number: 13023522)
Balance Sheet as at 30 November 2023

Note

30.11.23

30.11.22

   

£

£

£

£

FIXED ASSETS

   

 

Tangible assets

4

 

1,349

 

1,998

CURRENT ASSETS

   

 

Debtors

5

160

 

1,320

 

Cash at bank and in hand

 

5,177

 

10,216

 

 

5,337

 

11,536

 

CREDITORS

   

 

Creditors within 1yr

6

1,873

 

11,245

 

Net current assets

   

3,464

 

291

Net assets

   

4,813

 

2,289

CAPITAL AND RESERVES

   

 

Called up share capital

 

1

 

1

Profit and loss account

 

4,812

 

2,288

Shareholders' funds

   

4,813

 

2,289

For the financial year ending 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 23 April 2024

.........................................
D J Stramotas
Director

 

Big Squeeze Design Agency Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023

1.

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
22 Paxton Road
Chiswick
London
W4 2QX

These financial statements were authorised for issue by the director on 23 April 2024.

2.

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The presentational currency is Pound Sterling (£).

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

Big Squeeze Design Agency Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023 (continued)

2

Accounting policies (continued)

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Office equipments

25% on straight line method

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

 

Big Squeeze Design Agency Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023 (continued)

3.

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 0 (2022 - 0).

 

Big Squeeze Design Agency Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023 (continued)

4.

Tangible assets

Office equipment
£

Total
£

Cost or valuation

At 1 December 2022

2,598

2,598

At 30 November 2023

2,598

2,598

Depreciation

At 1 December 2022

600

600

Charge for the year

649

649

At 30 November 2023

1,249

1,249

Carrying amount

At 30 November 2023

1,349

1,349

At 30 November 2022

1,998

1,998

5.

Debtors

Current

30.11.23
£

30.11.22
£

Trade debtors

160

1,320

 

160

1,320

6.

Creditors

Creditors: amounts falling due within one year

30.11.23
£

30.11.22
£

Due within one year

Taxation and social security

1,501

1,645

Other creditors

372

9,600

1,873

11,245