33 23 A & J Big Tops Limited 03666098 false 2023-12-01 2024-11-30 2024-11-30 The principal activity of the company is that of the hire of large tensile structures and associated infrastructure. Digita Accounts Production Advanced 6.30.9574.0 true 03666098 2023-12-01 2024-11-30 03666098 2024-11-30 03666098 core:HirePurchaseContracts core:CurrentFinancialInstruments 2024-11-30 03666098 core:CurrentFinancialInstruments 2024-11-30 03666098 core:CurrentFinancialInstruments core:WithinOneYear 2024-11-30 03666098 core:Non-currentFinancialInstruments 2024-11-30 03666098 core:Non-currentFinancialInstruments core:AfterOneYear 2024-11-30 03666098 core:FurnitureFittings 2024-11-30 03666098 core:MotorVehicles 2024-11-30 03666098 core:OfficeEquipment 2024-11-30 03666098 core:PlantMachinery 2024-11-30 03666098 bus:SmallEntities 2023-12-01 2024-11-30 03666098 bus:AuditExemptWithAccountantsReport 2023-12-01 2024-11-30 03666098 bus:FilletedAccounts 2023-12-01 2024-11-30 03666098 bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 03666098 bus:RegisteredOffice 2023-12-01 2024-11-30 03666098 bus:Director1 2023-12-01 2024-11-30 03666098 bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 03666098 core:ComputerEquipment 2023-12-01 2024-11-30 03666098 core:FurnitureFittings 2023-12-01 2024-11-30 03666098 core:MotorCars 2023-12-01 2024-11-30 03666098 core:MotorVehicles 2023-12-01 2024-11-30 03666098 core:OfficeEquipment 2023-12-01 2024-11-30 03666098 core:PlantMachinery 2023-12-01 2024-11-30 03666098 countries:EnglandWales 2023-12-01 2024-11-30 03666098 2023-11-30 03666098 core:FurnitureFittings 2023-11-30 03666098 core:MotorVehicles 2023-11-30 03666098 core:OfficeEquipment 2023-11-30 03666098 core:PlantMachinery 2023-11-30 03666098 2022-12-01 2023-11-30 03666098 2023-11-30 03666098 core:HirePurchaseContracts core:CurrentFinancialInstruments 2023-11-30 03666098 core:CurrentFinancialInstruments 2023-11-30 03666098 core:CurrentFinancialInstruments core:WithinOneYear 2023-11-30 03666098 core:Non-currentFinancialInstruments 2023-11-30 03666098 core:Non-currentFinancialInstruments core:AfterOneYear 2023-11-30 03666098 core:FurnitureFittings 2023-11-30 03666098 core:MotorVehicles 2023-11-30 03666098 core:OfficeEquipment 2023-11-30 03666098 core:PlantMachinery 2023-11-30 xbrli:pure iso4217:GBP

Registration number: 03666098

A & J Big Tops Limited

trading as A & J Big Tops Limited

Unaudited Filleted Financial Statements

for the Year Ended 30 November 2024

 

A & J Big Tops Limited

trading as A & J Big Tops Limited

Contents

Balance Sheet

1 to 2

Notes to the Unaudited Financial Statements

3 to 9

 

A & J Big Tops Limited

trading as A & J Big Tops Limited

(Registration number: 03666098)
Balance Sheet as at 30 November 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

1,991,065

2,297,192

Current assets

 

Stocks

189,272

189,272

Debtors

5

285,490

373,360

Cash at bank and in hand

 

131,802

66,026

 

606,564

628,658

Creditors: Amounts falling due within one year

6

(909,760)

(867,523)

Net current liabilities

 

(303,196)

(238,865)

Total assets less current liabilities

 

1,687,869

2,058,327

Creditors: Amounts falling due after more than one year

6

(64,167)

(154,167)

Provisions for liabilities

(319,053)

(481,969)

Net assets

 

1,304,649

1,422,191

Capital and reserves

 

Called up share capital

6

6

Retained earnings

1,304,643

1,422,185

Shareholders' funds

 

1,304,649

1,422,191

For the financial year ending 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

 

A & J Big Tops Limited

trading as A & J Big Tops Limited

(Registration number: 03666098)
Balance Sheet as at 30 November 2024

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 31 July 2025 and signed on its behalf by:
 

Mr J A Roberts
Director

 

A & J Big Tops Limited

trading as A & J Big Tops Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
1 Roberts Lane
Brook Farm
Polebrook
Peterborough
Cambridgeshire
PE8 5LS

The principal place of business is:
America Farm Cottage
Oxney Road
Peterborough
Cambridgeshire
PE1 5YR

These financial statements were authorised for issue by the Board on 31 July 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

 

A & J Big Tops Limited

trading as A & J Big Tops Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2024

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant and machinery

15 years straight line

Fixtures and fittings

25% Reducing balance

Motor vehicles

15 years straight line

Computer equipment

25% Reducing balance

 

A & J Big Tops Limited

trading as A & J Big Tops Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2024

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

 

A & J Big Tops Limited

trading as A & J Big Tops Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2024

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 33 (2023 - 23).

 

A & J Big Tops Limited

trading as A & J Big Tops Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2024

4

Tangible assets

Fixtures and fittings
£

Plant and machinery
£

Computer equipment
£

Motor vehicles
 £

Total
£

Cost or valuation

At 1 December 2023

97,128

4,990,749

29,567

170,459

5,287,903

Additions

2,710

23,532

1,450

-

27,692

Disposals

-

(12,950)

-

(18,625)

(31,575)

At 30 November 2024

99,838

5,001,331

31,017

151,834

5,284,020

Depreciation

At 1 December 2023

67,927

2,850,935

11,341

60,508

2,990,711

Charge for the year

7,583

284,036

4,799

10,122

306,540

Eliminated on disposal

-

(1,295)

-

(3,001)

(4,296)

At 30 November 2024

75,510

3,133,676

16,140

67,629

3,292,955

Carrying amount

At 30 November 2024

24,328

1,867,655

14,877

84,205

1,991,065

At 30 November 2023

29,201

2,139,814

18,226

109,951

2,297,192

 

A & J Big Tops Limited

trading as A & J Big Tops Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2024

5

Debtors

Current

Note

2024
£

2023
£

Trade debtors

 

191,094

262,777

Amounts owed by related parties

-

45,918

Prepayments

 

15,636

10,120

Other debtors

 

78,760

54,545

   

285,490

373,360

6

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Loans and borrowings

7

410,415

475,823

trade creditors

 

18,631

13,223

Amounts owed to connected companies

23,143

-

Taxation and social security

 

49,913

113,916

Accruals and deferred income

 

28,560

13,849

Other creditors

 

379,098

250,712

 

909,760

867,523

Creditors: amounts falling due after more than one year

Note

2024
£

2023
£

Due after one year

 

Loans and borrowings

7

64,167

154,167

 

A & J Big Tops Limited

trading as A & J Big Tops Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2024

7

Loans and borrowings

Non-current loans and borrowings

2024
£

2023
£

Bank borrowings

64,167

154,167

Current loans and borrowings

2024
£

2023
£

Bank borrowings

90,000

90,000

Bank overdrafts

320,415

382,341

Hire purchase contracts

-

3,482

410,415

475,823

The bank holds a fixed and floating charge over the fixed and current assets of the company, inclduing a connected company, and any partnership assets held by the director or shareholders.