BIG OVAL PLATE LTD - Filleted accounts

Registered number

12989892

BIG OVAL PLATE LTD

Filleted Accounts

31 March 2025

BIG OVAL PLATE LTD
Registered number:		12989892
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Current assets
Debtors	3	31,507			44,880
Cash at bank and in hand		107,746			104,385
		139,253			149,265

Creditors: amounts falling due within one year	4	(105,143)			(94,521)

Net current assets			34,110			54,744

Net assets			34,110			54,744

Capital and reserves
Called up share capital			2			2
Profit and loss account			34,108			54,742

Shareholders' funds			34,110			54,744

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




David Geoffrey Earl
Director
Approved by the board on 14 July 2025

BIG OVAL PLATE LTD
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					2		2


3	Debtors					2025		2024
£							£

	Trade debtors					31,338		44,711
	S455 tax asset					169		169
						31,507		44,880


4	Creditors: amounts falling due within one year					2025		2024
£							£

	Trade creditors					1,835		500
	Taxation and social security costs					94,152		87,562
	Directors' Loan Accounts					9		5,033
	Other creditors					9,147		1,426
						105,143		94,521


5	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	Joseph Roland Wilkinson
	Director's Loan Account	(6,034)		6,875		(850)		(9)

	David Geoffrey Earl
	Director's Loan Account	1,001		-		(1,001)		-

		(5,033)		6,875		(1,851)		(9)


6	Other information

	BIG OVAL PLATE LTD is a private company limited by shares and incorporated in England. Its registered office is:
	69 Loughborough Road
	West Bridgford
	Nottingham
	NG2 7LA