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REGISTERED NUMBER: NI035088 (Northern Ireland)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

Big Top Productions Limited

Big Top Productions Limited (Registered number: NI035088)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Big Top Productions Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: A Graham
S Sweeney





REGISTERED OFFICE: 13 Union Street
Belfast
BT1 2JF





REGISTERED NUMBER: NI035088 (Northern Ireland)





ACCOUNTANTS: Accountants Plus
Chartered Certified Accountants
Unit 1 Cadzow Park
82 Muir Street
Hamilton
ML3 6BJ

Big Top Productions Limited (Registered number: NI035088)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 158,715 205,175

CURRENT ASSETS
Debtors 5 311,030 150,234
Cash at bank and in hand 59,736 56,310
370,766 206,544
CREDITORS
Amounts falling due within one year 6 204,362 200,257
NET CURRENT ASSETS 166,404 6,287
TOTAL ASSETS LESS CURRENT
LIABILITIES

325,119

211,462

CREDITORS
Amounts falling due after more than
one year

7

(57,807

)

(68,437

)

PROVISIONS FOR LIABILITIES (20,853 ) (38,983 )
NET ASSETS 246,459 104,042

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 246,457 104,040
246,459 104,042

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Top Productions Limited (Registered number: NI035088)

Balance Sheet - continued
31 December 2024


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

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

The financial statements were approved by the Board of Directors and authorised for issue on 14 February 2025 and were signed on its behalf by:




A Graham - Director



S Sweeney - Director


Big Top Productions Limited (Registered number: NI035088)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Big Top Productions Limited is a private company, limited by shares , registered in Northern Ireland. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

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.
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Financial instruments
Debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors
Short term creditors are measured at transaction price, less any impairment. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Cash and bank balances
Cash and bank balances are measured at the transaction price.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


Big Top Productions Limited (Registered number: NI035088)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 19 (2023 - 16 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 1 January 2024 671,091 46,980 718,071
Additions 6,444 - 6,444
At 31 December 2024 677,535 46,980 724,515
DEPRECIATION
At 1 January 2024 501,151 11,745 512,896
Charge for year 44,095 8,809 52,904
At 31 December 2024 545,246 20,554 565,800
NET BOOK VALUE
At 31 December 2024 132,289 26,426 158,715
At 31 December 2023 169,940 35,235 205,175

Big Top Productions Limited (Registered number: NI035088)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors - 4,867
Amounts owed by group undertakings 268,145 110,113
Other debtors 32,576 32,200
Directors' current accounts 8,668 -
Prepayments 1,641 3,054
311,030 150,234

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Hire purchase contracts 5,058 5,058
Trade creditors 5,754 16,243
Tax 80,669 29,873
VAT 36,563 30,740
Other creditors 14,533 9,642
Directors' current accounts 49,876 96,927
Accrued expenses 11,909 11,774
204,362 200,257

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.12.24 31.12.23
£    £   
Bank loans - 1-2 years 5,324 5,324
Bank loans - 2-5 years 27,869 33,441
Hire purchase contracts 24,614 29,672
57,807 68,437

8. SECURED DEBTS

The following secured debts are included within creditors:

31.12.24 31.12.23
£    £   
Hire purchase contracts 29,672 34,730