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REGISTERED NUMBER: 12000453 (England and Wales)













FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2024

FOR

THE BIG GREEK FEED LTD

THE BIG GREEK FEED LTD (REGISTERED NUMBER: 12000453)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


THE BIG GREEK FEED LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







DIRECTOR: Mr N Joannou





REGISTERED OFFICE: 62 Hartop Road
Torquay
Devon
TQ1 4QQ





REGISTERED NUMBER: 12000453 (England and Wales)






THE BIG GREEK FEED LTD (REGISTERED NUMBER: 12000453)

STATEMENT OF FINANCIAL POSITION
31 MAY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 37,051 38,385

CURRENT ASSETS
Debtors 5 46,415 32,237
Cash at bank 44,397 43,913
90,812 76,150
CREDITORS
Amounts falling due within one year 6 22,883 37,162
NET CURRENT ASSETS 67,929 38,988
TOTAL ASSETS LESS CURRENT LIABILITIES 104,980 77,373

PROVISIONS FOR LIABILITIES 7,039 7,293
NET ASSETS 97,941 70,080

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 97,940 70,079
97,941 70,080

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

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

The director acknowledges his 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.

THE BIG GREEK FEED LTD (REGISTERED NUMBER: 12000453)

STATEMENT OF FINANCIAL POSITION - continued
31 MAY 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 February 2025 and were signed by:





Mr N Joannou - Director


THE BIG GREEK FEED LTD (REGISTERED NUMBER: 12000453)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024


1. STATUTORY INFORMATION

The Big Greek Feed Ltd 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.

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.
Plant and machinery - 20% on reducing balance
Motor vehicles - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

THE BIG GREEK FEED LTD (REGISTERED NUMBER: 12000453)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024


4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 June 2023 33,438 28,747 62,185
Additions 10,887 - 10,887
Disposals (3,042 ) - (3,042 )
At 31 May 2024 41,283 28,747 70,030
DEPRECIATION
At 1 June 2023 11,223 12,577 23,800
Charge for year 6,231 4,043 10,274
Eliminated on disposal (1,095 ) - (1,095 )
At 31 May 2024 16,359 16,620 32,979
NET BOOK VALUE
At 31 May 2024 24,924 12,127 37,051
At 31 May 2023 22,215 16,170 38,385

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 45,415 29,757
VAT 198 1,886
Prepayments 802 594
46,415 32,237

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 100 -
Tax 14,711 8,932
Directors' current accounts 7,097 27,380
Accrued expenses 975 850
22,883 37,162

THE BIG GREEK FEED LTD (REGISTERED NUMBER: 12000453)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024


7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 May 2024 and 31 May 2023:

2024 2023
£    £   
Mr N Joannou
Balance outstanding at start of year (27,380 ) (13,435 )
Amounts advanced 70,298 2,705
Amounts repaid (50,016 ) (16,650 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (7,098 ) (27,380 )

Loans interest free and repayable on demand.