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Company Registration No. 12239679 (England and Wales)
BIG GREEN LIGHT LTD Unaudited accounts for the year ended 31 December 2023
BIG GREEN LIGHT LTD Unaudited accounts Contents
Page
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BIG GREEN LIGHT LTD Company Information for the year ended 31 December 2023
Director
Yasmin Sewell
Company Number
12239679 (England and Wales)
Registered Office
Big Green Light Limited Office 7 35-37 Ludgate Hill London United Kingdom EC4M 7JN United Kingdom
Accountants
Addition Financial Limited Addition at 1 Lyric Square Hammersmith London W6 0NB
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BIG GREEN LIGHT LTD Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
2,857 
4,155 
Tangible assets
17,644 
22,381 
20,501 
26,536 
Current assets
Inventories
466,949 
306,279 
Debtors
333,543 
146,401 
Cash at bank and in hand
519,883 
1,426,849 
1,320,375 
1,879,529 
Creditors: amounts falling due within one year
(237,790)
(555,395)
Net current assets
1,082,585 
1,324,134 
Total assets less current liabilities
1,103,086 
1,350,670 
Creditors: amounts falling due after more than one year
(14,190)
(119,244)
Net assets
1,088,896 
1,231,426 
Capital and reserves
Called up share capital
46,149 
11,149 
Share premium
2,910,478 
2,214,106 
Profit and loss account
(1,867,731)
(993,829)
Shareholders' funds
1,088,896 
1,231,426 
For the year ending 31 December 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 her 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 24 July 2024 and were signed on its behalf by
Yasmin Sewell Director Company Registration No. 12239679
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BIG GREEN LIGHT LTD Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
BIG GREEN LIGHT LTD is a private company, limited by shares, registered in England and Wales, registration number 12239679. The registered office is Big Green Light Limited Office 7, 35-37 Ludgate Hill, London, United Kingdom, EC4M 7JN, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
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BIG GREEN LIGHT LTD Notes to the Accounts for the year ended 31 December 2023
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 January 2023
6,452 
At 31 December 2023
6,452 
Amortisation
At 1 January 2023
2,297 
Charge for the year
1,298 
At 31 December 2023
3,595 
Net book value
At 31 December 2023
2,857 
At 31 December 2022
4,155 
5
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2023
1,514 
31,650 
33,164 
Additions
2,859 
- 
2,859 
At 31 December 2023
4,373 
31,650 
36,023 
Depreciation
At 1 January 2023
674 
10,109 
10,783 
Charge for the year
1,266 
6,330 
7,596 
At 31 December 2023
1,940 
16,439 
18,379 
Net book value
At 31 December 2023
2,433 
15,211 
17,644 
At 31 December 2022
840 
21,541 
22,381 
Product Development investment
7
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
18,324 
29,899 
Trade debtors
156,289 
78,856 
Accrued income and prepayments
11,184 
525 
Other debtors
147,746 
37,121 
333,543 
146,401 
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BIG GREEN LIGHT LTD Notes to the Accounts for the year ended 31 December 2023
8
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
10,421 
- 
Trade creditors
204,243 
410,395 
Other creditors
23,126 
145,000 
237,790 
555,395 
9
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Amounts owed to group undertakings and other participating interests
- 
119,244 
Loans from directors
14,190 
- 
14,190 
119,244 
10
Average number of employees
During the year the average number of employees was 7 (2022: 6).
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