Company Registration No. 09806213 (England and Wales)
Big Value Banners Limited
Unaudited accounts
for the year ended 31 October 2023
Big Value Banners Limited
Unaudited accounts
Contents
Big Value Banners Limited
Company Information
for the year ended 31 October 2023
Company Number
09806213 (England and Wales)
Registered Office
The Corner House
4 Beaumont Road
Church Stretton
Shropshire
SY6 6BN
England
Accountants
S A Acc'y Ltd
The Corner House
4 Beaumont Road
Church Stretton
Shropshire
SY6 6BN
Big Value Banners Limited
Statement of financial position
as at 31 October 2023
Tangible assets
233,197
45,395
Cash at bank and in hand
21,561
75,598
Creditors: amounts falling due within one year
(87,404)
(41,032)
Net current (liabilities)/assets
(64,160)
50,066
Total assets less current liabilities
169,037
95,461
Creditors: amounts falling due after more than one year
(147,785)
(62,486)
Provisions for liabilities
Deferred tax
(42,255)
(8,624)
Net (liabilities)/assets
(21,003)
24,351
Called up share capital
1
1
Profit and loss account
(21,004)
24,350
Shareholders' funds
(21,003)
24,351
For the year ending 31 October 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 July 2024 and were signed on its behalf by
D Quinn
Director
Company Registration No. 09806213
Big Value Banners Limited
Notes to the Accounts
for the year ended 31 October 2023
Big Value Banners Limited is a private company, limited by shares, registered in England and Wales, registration number 09806213. The registered office is The Corner House, 4 Beaumont Road, Church Stretton, Shropshire, SY6 6BN, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
10% per annum on cost
Motor vehicles
25% per annum on cost
Fixtures & fittings
10% per annum on cost
Computer equipment
25% per annum on cost
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 November 2022
51,682
13,007
5,155
10,214
80,058
Additions
239,394
-
-
-
239,394
Disposals
(30,223)
-
-
-
(30,223)
At 31 October 2023
260,853
13,007
5,155
10,214
289,229
At 1 November 2022
20,321
6,503
995
6,844
34,663
Charge for the year
26,085
3,252
516
1,123
30,976
On disposals
(9,607)
-
-
-
(9,607)
At 31 October 2023
36,799
9,755
1,511
7,967
56,032
At 31 October 2023
224,054
3,252
3,644
2,247
233,197
At 31 October 2022
31,361
6,504
4,160
3,370
45,395
Big Value Banners Limited
Notes to the Accounts
for the year ended 31 October 2023
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
9,336
6,154
Obligations under finance leases and hire purchase contracts
26,999
-
Taxes and social security
17,362
32,678
Loans from directors
6,629
-
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
96,748
-
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
9
Transactions with related parties
During the year under review the company made loans to Big Value Printing Ltd, a company in which Mr Quinn is the director, of £12000 (2022: £11039).
At the year end the company was owed £12000 (2021: £11039)
10
Average number of employees
During the year the average number of employees was 5 (2022: 3).