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REGISTERED NUMBER: 10534960 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

The Big Bright Ideas Group Limited

The Big Bright Ideas Group Limited (Registered number: 10534960)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


The Big Bright Ideas Group Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: M A Delahunty
M C Delahunty
Mrs L Delahunty





SECRETARY: M C Delahunty





REGISTERED OFFICE: 34/35 Anglo House
Worcester Road
Stourport on Severn
Worcestershire
DY13 9AW





REGISTERED NUMBER: 10534960 (England and Wales)





ACCOUNTANTS: A S TAXATION LIMITED
59 Lancaster Avenue
Guildford
Surrey
GU1 3JR

The Big Bright Ideas Group Limited (Registered number: 10534960)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,112 2,591

CURRENT ASSETS
Debtors 5 12,109 16,417
Cash at bank 56,519 68,097
68,628 84,514
CREDITORS
Amounts falling due within one year 6 31,780 50,556
NET CURRENT ASSETS 36,848 33,958
TOTAL ASSETS LESS CURRENT
LIABILITIES

38,960

36,549

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 7 38,860 36,449
SHAREHOLDERS' FUNDS 38,960 36,549

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 February 2024 and were signed on its behalf by:





Mrs L Delahunty - Director


The Big Bright Ideas Group Limited (Registered number: 10534960)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

The Big Bright Ideas Group 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 - 25% on reducing balance
Fixtures and fittings - 25% 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 4 ) .

The Big Bright Ideas Group Limited (Registered number: 10534960)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST
At 1 January 2023
and 31 December 2023 6,765 1,375 8,140
DEPRECIATION
At 1 January 2023 5,144 405 5,549
Charge for year 405 74 479
At 31 December 2023 5,549 479 6,028
NET BOOK VALUE
At 31 December 2023 1,216 896 2,112
At 31 December 2022 1,621 970 2,591

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 7,002 11,336
Other debtors 5,107 5,081
12,109 16,417

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Taxation and social security 9,416 46,063
Other creditors 22,364 4,493
31,780 50,556

7. RESERVES
Retained
earnings
£   

At 1 January 2023 36,449
Profit for the year 2,411
At 31 December 2023 38,860