Silverfin false false 31/01/2024 01/02/2023 31/01/2024 M Gulyas 25/11/2022 R Hartey 25/11/2022 T Sears 28/06/2023 M Sears 21/10/2011 23 October 2024 The principal activity of the Company during the financial year was that of Consultancy services. 05336922 2024-01-31 05336922 bus:Director1 2024-01-31 05336922 bus:Director2 2024-01-31 05336922 bus:Director3 2024-01-31 05336922 bus:Director4 2024-01-31 05336922 2023-01-31 05336922 core:CurrentFinancialInstruments 2024-01-31 05336922 core:CurrentFinancialInstruments 2023-01-31 05336922 core:ShareCapital 2024-01-31 05336922 core:ShareCapital 2023-01-31 05336922 core:RetainedEarningsAccumulatedLosses 2024-01-31 05336922 core:RetainedEarningsAccumulatedLosses 2023-01-31 05336922 core:OfficeEquipment 2023-01-31 05336922 core:ComputerEquipment 2023-01-31 05336922 core:OfficeEquipment 2024-01-31 05336922 core:ComputerEquipment 2024-01-31 05336922 2023-02-01 2024-01-31 05336922 bus:FilletedAccounts 2023-02-01 2024-01-31 05336922 bus:SmallEntities 2023-02-01 2024-01-31 05336922 bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 05336922 bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 05336922 bus:Director1 2023-02-01 2024-01-31 05336922 bus:Director2 2023-02-01 2024-01-31 05336922 bus:Director3 2023-02-01 2024-01-31 05336922 bus:Director4 2023-02-01 2024-01-31 05336922 core:OfficeEquipment 2023-02-01 2024-01-31 05336922 core:ComputerEquipment core:TopRangeValue 2023-02-01 2024-01-31 05336922 2022-02-01 2023-01-31 05336922 core:ComputerEquipment 2023-02-01 2024-01-31 iso4217:GBP xbrli:pure

Company No: 05336922 (England and Wales)

BIG RIVER AGENCY LTD

Unaudited Financial Statements
For the financial year ended 31 January 2024
Pages for filing with the registrar

BIG RIVER AGENCY LTD

Unaudited Financial Statements

For the financial year ended 31 January 2024

Contents

BIG RIVER AGENCY LTD

BALANCE SHEET

As at 31 January 2024
BIG RIVER AGENCY LTD

BALANCE SHEET (continued)

As at 31 January 2024
Note 2024 2023
£ £
Fixed assets
Tangible assets 3 5,564 0
5,564 0
Current assets
Debtors 4 141,927 25,397
Cash at bank and in hand 110,258 6,758
252,185 32,155
Creditors: amounts falling due within one year 5 ( 187,088) ( 23,201)
Net current assets 65,097 8,954
Total assets less current liabilities 70,661 8,954
Net assets 70,661 8,954
Capital and reserves
Called-up share capital 100 100
Profit and loss account 70,561 8,854
Total shareholders' funds 70,661 8,954

For the financial year ending 31 January 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Big River Agency Ltd (registered number: 05336922) were approved and authorised for issue by the Board of Directors on 23 October 2024. They were signed on its behalf by:

T Sears
Director
M Gulyas
Director
R Hartey
Director
BIG RIVER AGENCY LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 January 2024
BIG RIVER AGENCY LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 January 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Big River Agency Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Towngate House, 2 -8 Parkstone Road, Poole, BH15 2PW, United Kingdom. The principal place of business is 1st Floor, 47 Commercial Road, Ashley Cross, Poole, Dorset, BH14 0HU.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Turnover

Turnover is stated net of VAT and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Revenue from services is recognised as they are delivered.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a [straight-line, reducing balance] basis over its expected useful life, as follows:

Office equipment 25 % reducing balance
Computer equipment 3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 10 7

3. Tangible assets

Office equipment Computer equipment Total
£ £ £
Cost
At 01 February 2023 0 0 0
Additions 1,985 4,347 6,332
At 31 January 2024 1,985 4,347 6,332
Accumulated depreciation
At 01 February 2023 0 0 0
Charge for the financial year 229 539 768
At 31 January 2024 229 539 768
Net book value
At 31 January 2024 1,756 3,808 5,564
At 31 January 2023 0 0 0

4. Debtors

2024 2023
£ £
Trade debtors 120,197 25,397
Other debtors 21,730 0
141,927 25,397

5. Creditors: amounts falling due within one year

2024 2023
£ £
Trade creditors 42,729 1,599
Amounts owed to Group undertakings 11,000 3,000
Taxation and social security 61,600 13,371
Other creditors 71,759 5,231
187,088 23,201