Company Registration No. 05528069 (England and Wales)
Big On Bouncing Limited
Unaudited accounts
for the year ended 31 August 2024
Big On Bouncing Limited
Unaudited accounts
Contents
Big On Bouncing Limited
Company Information
for the year ended 31 August 2024
Directors
Mrs. K. E. Quinn
Mr. W. Quinn
Company Number
05528069 (England and Wales)
Registered Office
17 Wendover Road
Burnham
SL1 7ND
Accountants
The Straightener Limited
83 Ducie Street
Manchester
M1 2JQ
Big On Bouncing Limited
Statement of financial position
as at 31 August 2024
Tangible assets
54,518
49,822
Cash at bank and in hand
139,836
115,945
Creditors: amounts falling due within one year
(71,295)
(87,641)
Net current assets
122,683
92,436
Total assets less current liabilities
177,201
142,258
Creditors: amounts falling due after more than one year
(3,485)
(6,915)
Provisions for liabilities
Deferred tax
(13,629)
(12,455)
Net assets
160,087
122,888
Called up share capital
2
2
Profit and loss account
160,085
122,886
Shareholders' funds
160,087
122,888
For the year ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 22 May 2025 and were signed on its behalf by
Mrs. K. E. Quinn
Director
Company Registration No. 05528069
Big On Bouncing Limited
Notes to the Accounts
for the year ended 31 August 2024
Big On Bouncing Limited is a private company, limited by shares, registered in England and Wales, registration number 05528069. The registered office is 17 Wendover Road, Burnham, SL1 7ND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25%/33%/50% per annum straight line basis
Fixtures & fittings
25% per annum straight line basis
Computer equipment
33% per annum straight line basis
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Big On Bouncing Limited
Notes to the Accounts
for the year ended 31 August 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 September 2023
139,622
-
18,247
1,755
159,624
Additions
8,728
26,750
-
316
35,794
Disposals
(4,300)
-
-
-
(4,300)
At 31 August 2024
144,050
26,750
18,247
2,071
191,118
At 1 September 2023
96,722
-
12,234
846
109,802
Charge for the year
25,287
2,575
2,838
398
31,098
On disposals
(4,300)
-
-
-
(4,300)
At 31 August 2024
117,709
2,575
15,072
1,244
136,600
At 31 August 2024
26,341
24,175
3,175
827
54,518
At 31 August 2023
42,900
-
6,013
909
49,822
Amounts falling due within one year
Trade debtors
32,566
45,699
Accrued income and prepayments
9,576
6,733
Other debtors
10,500
10,500
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
4,046
4,046
Trade creditors
3,427
1,148
Taxes and social security
9,314
10,619
Loans from directors
36,215
50,285
7
Creditors: amounts falling due after more than one year
2024
2023
Big On Bouncing Limited
Notes to the Accounts
for the year ended 31 August 2024
8
Operating lease commitments
2024
2023
At 31 August 2024 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Later than one year and not later than five years
86,010
126,324
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Amounts due to director
25,541
4,636
11,670
18,507
Amounts due to director
24,744
4,635
11,670
17,709
50,285
9,271
23,340
36,216
10
Average number of employees
During the year the average number of employees was 17 (2023: 11).