Caseware UK (AP4) 2022.0.179 2022.0.179 2023-06-302023-06-30No description of principal activityfalse2022-07-0122falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 11428850 2022-07-01 2023-06-30 11428850 2021-07-01 2022-06-30 11428850 2023-06-30 11428850 2022-06-30 11428850 c:Director1 2022-07-01 2023-06-30 11428850 d:FreeholdInvestmentProperty 2022-07-01 2023-06-30 11428850 d:FreeholdInvestmentProperty 2023-06-30 11428850 d:FreeholdInvestmentProperty 2022-06-30 11428850 d:CurrentFinancialInstruments 2023-06-30 11428850 d:CurrentFinancialInstruments 2022-06-30 11428850 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 11428850 d:CurrentFinancialInstruments d:WithinOneYear 2022-06-30 11428850 d:ShareCapital 2023-06-30 11428850 d:ShareCapital 2022-06-30 11428850 d:RetainedEarningsAccumulatedLosses 2023-06-30 11428850 d:RetainedEarningsAccumulatedLosses 2022-06-30 11428850 c:FRS102 2022-07-01 2023-06-30 11428850 c:AuditExempt-NoAccountantsReport 2022-07-01 2023-06-30 11428850 c:FullAccounts 2022-07-01 2023-06-30 11428850 c:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 iso4217:GBP xbrli:pure

Registered number: 11428850









THE BIG TIPPER LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 JUNE 2023

 
THE BIG TIPPER LIMITED
REGISTERED NUMBER: 11428850

BALANCE SHEET
AS AT 30 JUNE 2023

2023
2022
Note
£
£

Fixed assets
  

Investment property
 4 
621,915
405,271

  
621,915
405,271

Current assets
  

Debtors: amounts falling due within one year
 5 
705
5,134

Cash at bank and in hand
 6 
15,503
15,990

  
16,208
21,124

Creditors: amounts falling due within one year
 7 
(596,005)
(406,673)

Net current liabilities
  
 
 
(579,797)
 
 
(385,549)

Total assets less current liabilities
  
42,118
19,722

  

Net assets
  
42,118
19,722


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
42,018
19,622

  
42,118
19,722

Page 1

 
THE BIG TIPPER LIMITED
REGISTERED NUMBER: 11428850
    
BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2023

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 30 March 2024.




J H Laderman
Director

The notes on pages 3 to 5 form part of these financial statements.
Page 2

 
THE BIG TIPPER LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

1.


General information

The Big Tipper Limited is a private company, limited by shares and incorporated in England and Wales, United Kingdom, with a registration number 11428850. The address of the registered office is Haslers, Old Station Road, Loughton, Essex, United Kingdom, IG10 4PL. The principal activity is that of property investment.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Revenue relates to rental income received in accordance with the rental agreements.

 
2.3

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

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

  
2.4

Investment property

Investment property is carried at fair value determined annually by directors and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Page 3

 
THE BIG TIPPER LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

2.Accounting policies (continued)

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2022 - 2).


4.


Investment property


Freehold investment property

£



Valuation


At 1 July 2022
405,271


Additions at cost
216,644



At 30 June 2023
621,915

The 2023 valuations were made by the directors, on an open market value for existing use basis.




Page 4

 
THE BIG TIPPER LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

5.


Debtors

2023
2022
£
£


Trade debtors
-
5,134

Prepayments and accrued income
705
-

705
5,134



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
15,503
15,990

15,503
15,990



7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Corporation tax
5,256
1,628

Other creditors
587,389
403,245

Accruals and deferred income
3,360
1,800

596,005
406,673



8.


Related party transactions

At the year end the company owed £587,390 (2022: £402,970) to key management personnel.


9.


Controlling party

There is no one controlling party.
Page 5