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REGISTERED NUMBER: 04511217 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024

FOR

BIG CHEESE INTERNATIONAL LIMITED

BIG CHEESE INTERNATIONAL LIMITED (REGISTERED NUMBER: 04511217)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BIG CHEESE INTERNATIONAL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2024







DIRECTOR: P A Ewen





SECRETARY: Mrs D L Ewen





REGISTERED OFFICE: Unit 11 Gateway 1000
Arlington Business Park
Whittle Way
Stevenage
Hertfordshire
SG1 2FP





REGISTERED NUMBER: 04511217 (England and Wales)






BIG CHEESE INTERNATIONAL LIMITED (REGISTERED NUMBER: 04511217)

BALANCE SHEET
31 AUGUST 2024

31.8.24 31.8.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1 1
Investment property 5 900,000 1,060,000
900,001 1,060,001

CURRENT ASSETS
Cash at bank 28,442 1

CREDITORS
Amounts falling due within one year 6 18,522 53,755
NET CURRENT ASSETS/(LIABILITIES) 9,920 (53,754 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

909,921

1,006,247

CREDITORS
Amounts falling due after more than one
year

7

(338,723

)

(442,476

)

PROVISIONS FOR LIABILITIES 9 (44,500 ) (69,000 )
NET ASSETS 526,698 494,771

CAPITAL AND RESERVES
Called up share capital 10 100 100
Revaluation reserve 180,220 245,372
Retained earnings 346,378 249,299
SHAREHOLDERS' FUNDS 526,698 494,771

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 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 director and authorised for issue on 3 May 2025 and were signed by:





P A Ewen - Director


BIG CHEESE INTERNATIONAL LIMITED (REGISTERED NUMBER: 04511217)

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

1. STATUTORY INFORMATION

Big Cheese International 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.

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 as modified by the revaluation of certain assets.

Turnover
Turnover represents rental income receivable for the year.

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 etc - 20% on cost

Investment property
Investment property is shown at most recent director's valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the Income Statement.

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.

3. EMPLOYEES AND DIRECTORS

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

BIG CHEESE INTERNATIONAL LIMITED (REGISTERED NUMBER: 04511217)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 September 2023
and 31 August 2024 3,946
DEPRECIATION
At 1 September 2023
and 31 August 2024 3,945
NET BOOK VALUE
At 31 August 2024 1
At 31 August 2023 1

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 September 2023 1,060,000
Disposals (170,000 )
Revaluations 10,000
At 31 August 2024 900,000
NET BOOK VALUE
At 31 August 2024 900,000
At 31 August 2023 1,060,000

Fair value at 31 August 2024 is represented by:
£   
Valuation in 2016 180,220
Valuation in 2017 35,000
Valuation in 2018 20,000
Valuation in 2019 10,000
Valuation in 2020 20,000
Valuation in 2021 90,554
Valuation in 2022 15,000
Valuation in 2023 11,000
Valuation in 2024 10,000
Cost 508,226
900,000

If the investment properties had not been revalued they would have been included at the following historical cost:

31.8.24 31.8.23
£    £   
Cost 508,226 613,074

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Bank loans and overdrafts 2,000 4,833
Taxation and social security 2,562 991
Other creditors 13,960 47,931
18,522 53,755

BIG CHEESE INTERNATIONAL LIMITED (REGISTERED NUMBER: 04511217)

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

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.8.24 31.8.23
£    £   
Bank loans 338,723 442,476

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 338,723 442,476

8. SECURED DEBTS

The following secured debts are included within creditors:

31.8.24 31.8.23
£    £   
Bank loans 340,723 444,476

Bank loans are secured by way of a first legal charge over the respective investment property.

9. PROVISIONS FOR LIABILITIES
31.8.24 31.8.23
£    £   
Deferred tax 44,500 69,000

Deferred
tax
£   
Balance at 1 September 2023 69,000
Provided during year (24,500 )
Balance at 31 August 2024 44,500

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.8.24 31.8.23
value: £    £   
100 Ordinary £1 100 100

11. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Other creditors includes an amount of £12,640 (2023: £46,610) due to the director. Directors loans to the company are interest free and have no fixed terms of repayment.