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REGISTERED NUMBER: 03097309 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH SEPTEMBER 2023

FOR

BIG IDEAS OF SHEFFIELD LIMITED

BIG IDEAS OF SHEFFIELD LIMITED (REGISTERED NUMBER: 03097309)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH SEPTEMBER 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


BIG IDEAS OF SHEFFIELD LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH SEPTEMBER 2023







DIRECTOR: J Armstrong





SECRETARY: L Armstrong





REGISTERED OFFICE: 30 Harley Road
Sheffield
S11 9SE





REGISTERED NUMBER: 03097309 (England and Wales)





ACCOUNTANTS: Bryan Grey & Co
Broadfield House
18 Broadfield Road
Sheffield
S8 0XJ

BIG IDEAS OF SHEFFIELD LIMITED (REGISTERED NUMBER: 03097309)

ABRIDGED BALANCE SHEET
30TH SEPTEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,515 5,311

CURRENT ASSETS
Stocks 485 430
Debtors 20,343 21,029
20,828 21,459
CREDITORS
Amounts falling due within one year 33,286 24,228
NET CURRENT LIABILITIES (12,458 ) (2,769 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(7,943

)

2,542

CREDITORS
Amounts falling due after more than one
year

29,794

38,672
NET LIABILITIES (37,737 ) (36,130 )

CAPITAL AND RESERVES
Called up share capital 44 44
Retained earnings (37,781 ) (36,174 )
SHAREHOLDERS' FUNDS (37,737 ) (36,130 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

BIG IDEAS OF SHEFFIELD LIMITED (REGISTERED NUMBER: 03097309)

ABRIDGED BALANCE SHEET - continued
30TH SEPTEMBER 2023


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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30th September 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 18th September 2024 and were signed by:





J Armstrong - Director


BIG IDEAS OF SHEFFIELD LIMITED (REGISTERED NUMBER: 03097309)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH SEPTEMBER 2023

1. STATUTORY INFORMATION

Big Ideas of Sheffield 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.

The financial statements have been prepared on the going concern basis on the understanding that the company can continue to rely on the support of the director.

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.
Office premises - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1st October 2022
and 30th September 2023 16,336
DEPRECIATION
At 1st October 2022 11,025
Charge for year 796
At 30th September 2023 11,821
NET BOOK VALUE
At 30th September 2023 4,515
At 30th September 2022 5,311