IRIS Accounts Production v24.3.2.46 09659952 Board of Directors 1.7.23 30.6.24 30.6.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh096599522023-06-30096599522024-06-30096599522023-07-012024-06-30096599522022-06-30096599522022-07-012023-06-30096599522023-06-3009659952ns15:EnglandWales2023-07-012024-06-3009659952ns14:PoundSterling2023-07-012024-06-3009659952ns10:Director12023-07-012024-06-3009659952ns10:PrivateLimitedCompanyLtd2023-07-012024-06-3009659952ns10:SmallEntities2023-07-012024-06-3009659952ns10:AuditExempt-NoAccountantsReport2023-07-012024-06-3009659952ns10:SmallCompaniesRegimeForDirectorsReport2023-07-012024-06-3009659952ns10:SmallCompaniesRegimeForAccounts2023-07-012024-06-3009659952ns10:FullAccounts2023-07-012024-06-300965995212023-07-012024-06-3009659952ns10:Director22023-07-012024-06-3009659952ns10:Director32023-07-012024-06-3009659952ns10:Director42023-07-012024-06-3009659952ns10:Director52023-07-012024-06-3009659952ns10:CompanySecretary12023-07-012024-06-3009659952ns10:RegisteredOffice2023-07-012024-06-3009659952ns5:CurrentFinancialInstruments2024-06-3009659952ns5:CurrentFinancialInstruments2023-06-3009659952ns5:Non-currentFinancialInstruments2024-06-3009659952ns5:Non-currentFinancialInstruments2023-06-3009659952ns5:ShareCapital2024-06-3009659952ns5:ShareCapital2023-06-3009659952ns5:SharePremium2024-06-3009659952ns5:SharePremium2023-06-3009659952ns5:CapitalRedemptionReserve2024-06-3009659952ns5:CapitalRedemptionReserve2023-06-3009659952ns5:RetainedEarningsAccumulatedLosses2024-06-3009659952ns5:RetainedEarningsAccumulatedLosses2023-06-3009659952ns5:IntangibleAssetsOtherThanGoodwill2023-07-012024-06-3009659952ns5:ComputerSoftware2023-07-012024-06-3009659952ns5:FurnitureFittings2023-07-012024-06-3009659952ns5:ComputerEquipment2023-07-012024-06-3009659952ns5:IntangibleAssetsOtherThanGoodwill2023-06-3009659952ns5:IntangibleAssetsOtherThanGoodwill2024-06-3009659952ns5:IntangibleAssetsOtherThanGoodwill2023-06-3009659952ns5:FurnitureFittings2023-06-3009659952ns5:ComputerEquipment2023-06-3009659952ns5:FurnitureFittings2024-06-3009659952ns5:ComputerEquipment2024-06-3009659952ns5:FurnitureFittings2023-06-3009659952ns5:ComputerEquipment2023-06-3009659952ns5:WithinOneYearns5:CurrentFinancialInstruments2024-06-3009659952ns5:WithinOneYearns5:CurrentFinancialInstruments2023-06-300965995212023-07-012024-06-30
REGISTERED NUMBER: 09659952 (England and Wales)















Unaudited Financial Statements for the Year Ended 30th June 2024

for

Big Business Intelligence Limited

Big Business Intelligence Limited (Registered number: 09659952)






Contents of the Financial Statements
for the Year Ended 30th June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Big Business Intelligence Limited

Company Information
for the Year Ended 30th June 2024







DIRECTORS: L J Lang
G C Mcnicol
E Scorey
N Stoneman
Mercia Fund Management (Nominees) Limite





SECRETARY: Michelmores Secretaries Limited





REGISTERED OFFICE: 4th Floor
14 Museum Place
City Centre
Cardiff
CF10 3BH





REGISTERED NUMBER: 09659952 (England and Wales)





ACCOUNTANTS: Business Control Limited
Red Lion Yard
Odd Down
Bath
Somerset
BA2 2PP

Big Business Intelligence Limited (Registered number: 09659952)

Balance Sheet
30th June 2024

2024 2023
Notes £ £
FIXED ASSETS
Intangible assets 4 12,543 13,093
Tangible assets 5 14,030 13,107
26,573 26,200

CURRENT ASSETS
Debtors 6 95,327 54,569
Cash at bank and in hand 65,631 945,281
160,958 999,850
CREDITORS
Amounts falling due within one year 7 (191,219 ) (190,409 )
NET CURRENT (LIABILITIES)/ASSETS (30,261 ) 809,441
TOTAL ASSETS LESS CURRENT
LIABILITIES

(3,688

)

835,641

CREDITORS
Amounts falling due after more than one year 8 (19,876 ) (29,883 )
NET (LIABILITIES)/ASSETS (23,564 ) 805,758

CAPITAL AND RESERVES
Called up share capital 120 120
Share premium 1,894,279 1,894,279
Capital redemption reserve 50 50
Retained earnings (1,918,013 ) (1,088,691 )
(23,564 ) 805,758

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 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 Business Intelligence Limited (Registered number: 09659952)

Balance Sheet - continued
30th June 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 18th March 2025 and were signed on its behalf by:





G C Mcnicol - Director


Big Business Intelligence Limited (Registered number: 09659952)

Notes to the Financial Statements
for the Year Ended 30th June 2024

1. STATUTORY INFORMATION

Big Business Intelligence 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Website
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Website is being amortised evenly over its estimated useful life of five years.

Website

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 - 20% on cost
Computer equipment - 25% on cost

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.

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.

Big Business Intelligence Limited (Registered number: 09659952)

Notes to the Financial Statements - continued
for the Year Ended 30th June 2024

2. ACCOUNTING POLICIES - continued

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 9 (2023 - 8 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£
COST
At 1st July 2023 16,395
Additions 4,290
At 30th June 2024 20,685
AMORTISATION
At 1st July 2023 3,302
Charge for year 4,840
At 30th June 2024 8,142
NET BOOK VALUE
At 30th June 2024 12,543
At 30th June 2023 13,093

Big Business Intelligence Limited (Registered number: 09659952)

Notes to the Financial Statements - continued
for the Year Ended 30th June 2024

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£ £ £
COST
At 1st July 2023 1,112 33,288 34,400
Additions - 6,838 6,838
At 30th June 2024 1,112 40,126 41,238
DEPRECIATION
At 1st July 2023 1,034 20,259 21,293
Charge for year 78 5,837 5,915
At 30th June 2024 1,112 26,096 27,208
NET BOOK VALUE
At 30th June 2024 - 14,030 14,030
At 30th June 2023 78 13,029 13,107

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors 95,964 47,795
Bad Debt Provision (15,000 ) (15,000 )
Other debtors 1,767 3,887
Directors' current accounts 288 -
VAT - 4,629
Prepayments 12,308 13,258
95,327 54,569

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade creditors 99,284 95,296
Social security and other taxes 22,435 48,500
VAT 25,583 -
Other creditors 7,015 6,595
Salaries Control 126 -
Accrued expenses 31,071 40,018
Deferred Income 5,705 -
191,219 190,409

Big Business Intelligence Limited (Registered number: 09659952)

Notes to the Financial Statements - continued
for the Year Ended 30th June 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£ £
Bounceback Loan 19,876 29,883

9. POST BALANCE SHEET EVENTS

Whilst the company balance sheet showed a net liabilities position at 31 March 2024, investment of £200k was received in July and further investments thereafter, resulting in net assets being positive and its deemed as a going concern.