Registration number: 13008095

THE BIG 4 LIMITED

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 9

THE BIG 4 LIMITED

Company Information

Directors

Mr Gareth Davies Julian Maximilian Schubert

Registered office

The Courtyard First Floor 35-37 St Mary's Gate The Lace Marker Nottingham NG11PU

Accountants

Aims Accountants For Business Chartered Certified Accountant

THE BIG 4 LIMITED

(Registration number: 13008095)
Balance Sheet as at 31 December 2024

	Note	2024 £	2023 £
Fixed assets
Intangible assets	4	12,066	-
Tangible assets	5	16,321	26,676
		28,387	26,676
Current assets
Debtors	6	594,329	377,369
Cash at bank and in hand		98,388	260,508
		692,717	637,877
Creditors: Amounts falling due within one year	7	(344,361)	(270,241)
Net current assets		348,356	367,636
Total assets less current liabilities		376,743	394,312
Creditors: Amounts falling due after more than one year	7	(125,000)	(125,000)
Net assets		251,743	269,312
Capital and reserves
Called up share capital	8	750	750
Retained earnings		250,993	268,562
Shareholders' funds		251,743	269,312

For the financial year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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 13 January 2025 and signed on its behalf by:
 

......................................... Mr Gareth Davies Director

THE BIG 4 LIMITED

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

1	General information

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

The address of its registered office is:
The Courtyard
First Floor 35-37 St Mary's Gate
The Lace Marker
Nottingham
NG11PU
United Kingdom

These financial statements were authorised for issue by the Board on 13 January 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 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.

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 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.

THE BIG 4 LIMITED

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

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
Office Equipment	25% SL
Leasehold improvements	25% SL

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

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.

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

Borrowings are classified as non current liabilities. The loan does not attract any interest and there is no security on the loan.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

THE BIG 4 LIMITED

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

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.

Defined contribution pension obligation

All UK employees of the Company are offered membership of the pension scheme, which is a defined contribution scheme. All employees are automatically enrolled in that scheme. The amounts charged against the profits represent contributions payable to the schemes in respect of the accounting period.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 19 (2023 - 20).

THE BIG 4 LIMITED

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

4	Intangible assets

	Other intangible assets  £	Total £
Cost or valuation
Additions internally developed	13,407	13,407
At 31 December 2024	13,407	13,407
Amortisation
Amortisation charge	1,341	1,341
At 31 December 2024	1,341	1,341
Carrying amount
At 31 December 2024	12,066	12,066

5	Tangible assets

	Long leasehold land and buildings £	Office equipment £	Total £
Cost or valuation
At 1 January 2024	18,528	28,745	47,273
Additions	-	1,950	1,950
At 31 December 2024	18,528	30,695	49,223
Depreciation
At 1 January 2024	13,896	11,333	25,229
Charge for the year	-	7,673	7,673
At 31 December 2024	13,896	19,006	32,902
Carrying amount
At 31 December 2024	4,632	11,689	16,321
At 31 December 2023	9,264	17,412	26,676

Included within the net book value of land and buildings above is £4,632 (2023 - £9,264) in respect of long leasehold land and buildings.
 

THE BIG 4 LIMITED

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

6

Debtors

Current	2024 £	2023 £
Trade debtors	201,730	49,748
Prepayments	15,878	21,953
Other debtors	376,721	305,668
	594,329	377,369

THE BIG 4 LIMITED

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

7

Creditors

Creditors: amounts falling due within one year

	2024 £	2023 £
Due within one year
Trade creditors	78,181	39,101
Taxation and social security	89,978	74,775
Accruals and deferred income	138,817	119,995
Other creditors	37,385	36,370
	344,361	270,241

Creditors: amounts falling due after more than one year

	Note	2024 £	2023 £
Due after one year
Loans and borrowings	9	125,000	125,000

8	Share capital

Allotted, called up and fully paid shares

	2024		2023
	No.	£	No.	£
Ordinary A of £1 each	500	500	500	500
Ordinary B of £1 each	250	250	250	250
	750	750	750	750

9	Loans and borrowings

Non-current loans and borrowings

	2024 £	2023 £
Other borrowings	125,000	125,000

10	Related party transactions

The loan has been provided by the shareholders it does not attract any interest and there is no security on the loan.

THE BIG 4 LIMITED

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Directors' remuneration

The directors' remuneration for the year was as follows:

	2024 £	2023 £
Remuneration	75,000	73,333