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Company Registration No. 09806213 (England and Wales)
Big Value Banners Limited Unaudited accounts for the year ended 31 October 2024
Big Value Banners Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Big Value Banners Limited Company Information for the year ended 31 October 2024
Director
D Quinn
Company Number
09806213 (England and Wales)
Registered Office
The Corner House 4 Beaumont Road Church Stretton Shropshire SY6 6BN England
Accountants
S A Acc'y Ltd The Corner House 4 Beaumont Road Church Stretton Shropshire SY6 6BN
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Big Value Banners Limited Statement of financial position as at 31 October 2024
2024
2023
Notes
£
£
Fixed assets
Tangible assets
4
209,390
233,197
Current assets
Debtors
5
-
1,683
Cash at bank and in hand
14,001
21,561
14,001
23,244
Creditors: amounts falling due within one year
6
(84,868)
(87,404)
Net current liabilities
(70,867)
(64,160)
Total assets less current liabilities
138,523
169,037
Creditors: amounts falling due after more than one year
7
(94,869)
(147,785)
Provisions for liabilities
Deferred tax
(37,855)
(42,255)
Net assets/(liabilities)
5,799
(21,003)
Capital and reserves
Called up share capital
8
1
1
Profit and loss account
5,798
(21,004)
Shareholders' funds
5,799
(21,003)
For the year ending 31 October 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 director acknowledges his 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 and authorised for issue on 19 June 2025 and were signed on its behalf by
D Quinn Director Company Registration No. 09806213
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Big Value Banners Limited Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
Big Value Banners Limited is a private company, limited by shares, registered in England and Wales, registration number 09806213. The registered office is The Corner House, 4 Beaumont Road, Church Stretton, Shropshire, SY6 6BN, England.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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
10% per annum on cost
Motor vehicles
25% per annum on cost
Fixtures & fittings
10% per annum on cost
Computer equipment
25% per annum on cost
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 November 2023
260,853
13,007
5,155
10,214
289,229
At 31 October 2024
260,853
13,007
5,155
10,214
289,229
Depreciation
At 1 November 2023
36,799
9,755
1,511
7,967
56,032
Charge for the year
22,405
813
364
225
23,807
At 31 October 2024
59,204
10,568
1,875
8,192
79,839
Net book value
At 31 October 2024
201,649
2,439
3,280
2,022
209,390
At 31 October 2023
224,054
3,252
3,644
2,247
233,197
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Big Value Banners Limited Notes to the Accounts for the year ended 31 October 2024
5
Debtors
2024
2023
£
£
Amounts falling due within one year
Trade debtors
-
1,683
6
Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans and overdrafts
9,336
9,336
Obligations under finance leases and hire purchase contracts
26,999
26,999
Taxes and social security
18,569
17,362
Other creditors
27,664
24,778
Loans from directors
-
6,629
Accruals
2,300
2,300
84,868
87,404
7
Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans
25,121
51,037
Obligations under finance leases and hire purchase contracts
69,748
96,748
94,869
147,785
8
Share capital
2024
2023
£
£
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
9
Transactions with related parties
During the year under review the company made loans to Big Value Printing Ltd, a company in which Mr Quinn is the director, of £0 (2023: £12000). At the year end the company was owed £12000 (2023: £12000)
10
Average number of employees
During the year the average number of employees was 5 (2023: 5).
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