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REGISTERED NUMBER: 11528746 (England and Wales)















Unaudited Financial Statements for the Year Ended 31st August 2024

for

BIG BEAR HOLDINGS LTD

BIG BEAR HOLDINGS LTD (REGISTERED NUMBER: 11528746)

Contents of the Financial Statements
for the Year Ended 31st August 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 6

BIG BEAR HOLDINGS LTD

Company Information
for the Year Ended 31st August 2024







DIRECTORS: Mr S M Barriscale
Ms J D Reid





REGISTERED OFFICE: 17 Tay Avenue
Worcester
Worcestershire
WR5 3UB





REGISTERED NUMBER: 11528746 (England and Wales)





ACCOUNTANTS: Hayward Wright Ltd
4 Clews Road
Redditch
Worcestershire
B98 7ST

BIG BEAR HOLDINGS LTD (REGISTERED NUMBER: 11528746)

Balance Sheet
31st August 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 535,927 535,708

CURRENT ASSETS
Cash at bank 3,060 8,357

CREDITORS
Amounts falling due within one year 5 154,828 129,386
NET CURRENT LIABILITIES (151,768 ) (121,029 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

384,159

414,679

CREDITORS
Amounts falling due after more than one
year

6

(332,349

)

(371,916

)

PROVISIONS FOR LIABILITIES 7 (8,529 ) (8,529 )
NET ASSETS 43,281 34,234

CAPITAL AND RESERVES
Called up share capital 8 2 2
Fair value reserve 9 20,305 20,305
Retained earnings 9 22,974 13,927
SHAREHOLDERS' FUNDS 43,281 34,234

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st August 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.

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 7th May 2025 and were signed on its behalf by:





Ms J D Reid - Director


BIG BEAR HOLDINGS LTD (REGISTERED NUMBER: 11528746)

Notes to the Financial Statements
for the Year Ended 31st August 2024


1. STATUTORY INFORMATION

Big Bear Holdings 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 as modified by the revaluation of certain assets.

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.

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 BEAR HOLDINGS LTD (REGISTERED NUMBER: 11528746)

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


4. TANGIBLE FIXED ASSETS
Fixtures
Freehold and Computer
property fittings equipment Totals
£    £    £    £   
COST OR VALUATION
At 1st September 2023 535,000 274 749 536,023
Additions - - 799 799
At 31st August 2024 535,000 274 1,548 536,822
DEPRECIATION
At 1st September 2023 - 68 247 315
Charge for year - 69 511 580
At 31st August 2024 - 137 758 895
NET BOOK VALUE
At 31st August 2024 535,000 137 790 535,927
At 31st August 2023 535,000 206 502 535,708

Cost or valuation at 31st August 2024 is represented by:

Fixtures
Freehold and Computer
property fittings equipment Totals
£    £    £    £   
Valuation in 2021 41,710 - - 41,710
Valuation in 2022 19,030 - - 19,030
Valuation in 2023 (31,906 ) - - (31,906 )
Cost 506,166 274 1,548 507,988
535,000 274 1,548 536,822

If freehold land and buildings had not been revalued they would have been included at the following historical cost:

2024 2023
£    £   
Cost 506,166 506,166

Freehold land and buildings were valued on an open market basis on 31st August 2023 by the directors. .

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 6,272 10,000
Taxation and social security 2,071 2,117
Other creditors 146,485 117,269
154,828 129,386

BIG BEAR HOLDINGS LTD (REGISTERED NUMBER: 11528746)

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


6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 330,881 370,835
Other creditors 1,468 1,081
332,349 371,916

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 330,881 361,391

7. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax
Other timing differences 8,529 8,529

Deferred
tax
£   
Balance at 1st September 2023 8,529
Balance at 31st August 2024 8,529

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
2 Ordinary £1.00 2 2

9. RESERVES
Fair
Retained value
earnings reserve Totals
£    £    £   

At 1st September 2023 13,927 20,305 34,232
Profit for the year 9,047 9,047
At 31st August 2024 22,974 20,305 43,279

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Big Bear Holdings Ltd


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Big Bear Holdings Ltd for the year ended 31st August 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Big Bear Holdings Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Big Bear Holdings Ltd and state those matters that we have agreed to state to the Board of Directors of Big Bear Holdings Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Big Bear Holdings Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Big Bear Holdings Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Big Bear Holdings Ltd. You consider that Big Bear Holdings Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Big Bear Holdings Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Hayward Wright Ltd
4 Clews Road
Redditch
Worcestershire
B98 7ST


7th May 2025