Company Registration Number NI607118 (Northern Ireland)
B.I.G. CONTRACTS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024
PAGES FOR FILING WITH REGISTRAR
B.I.G. CONTRACTS LIMITED
BALANCE SHEET
AS AT 30 APRIL 2024
30 April 2024
- 1 -
2024
2023
£
£
£
£
Fixed assets
2,731,941
2,803,939
Current assets
728,531
684,265
Creditors: amounts falling due within one year
(328,641)
(297,137)
Net current assets
399,890
387,128
Total assets less current liabilities
3,131,831
3,191,067
Creditors: amounts falling due after more than one year
(2,060,128)
(2,141,836)
Net assets
1,071,703
1,049,231
Capital and reserves
1,071,703
1,049,231
Notes to the financial statements
1
Directors' benefits: advances, credit and guarantees
During the year, the company made a loan to a director amounting to £50,493 and the director repaid the company a total of £41,692. The balance owed to the director at the year end was £20,275 (2023: £11,474).
During the year, the company made a loan to a director amounting to £32,810 and the director repaid the company a total of £32,355. The balance outstanding at the year end was £12,823 (2023: £12,368).
During the year, the company made a loan to a director amounting to £30,792 and the director repaid the company a total of £29,623. The balance outstanding at the year end was £13,384 (2023: £12,215).
Interest is calculated at 2.25% to 30th April 2024 of the outstanding directors current accounts balances over £10,000.
2
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2024
2023
Number
Number
Employees
5
5
B.I.G. Contracts Limited is a private company limited by shares incorporated in Northern Ireland. The registered office is A4 Portora Wharf, Queen Street, Enniskillen, Co Fermanagh, BT74 7PW.
For the year ended 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
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.
B.I.G. CONTRACTS LIMITED
BALANCE SHEET (CONTINUED)
AS AT 30 APRIL 2024
30 April 2024
- 2 -
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved by the board of directors and authorised for issue on 31 January 2025 and are signed on its behalf by:
Mr B Jones
Mr I Jones
Director
Director
Mr G Jones
Director
Company registration number NI607118 (Northern Ireland)