ACCOUNTS - Final Accounts preparation

Registered number: 12601881

BIG RESTAURANT GROUP LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2024

BIG RESTAURANT GROUP LIMITED

REGISTERED NUMBER: 12601881

BALANCE SHEET

AS AT 31 DECEMBER 2024

		2024		2023
Note		£		£

Fixed assets
Investments	4		4,275,000		4,275,000
			4,275,000		4,275,000
Current assets
Cash at bank and in hand	5	1		1
		1		1
Creditors: amounts falling due within one year	6	(4,717,691)		(4,275,000)
Net current liabilities			(4,717,690)		(4,274,999)
Total assets less current liabilities			(442,690)		1

Net (liabilities)/assets			(442,690)		1

Capital and reserves
Called up share capital	7	1	1
Profit and loss account		(442,691)	-
		(442,690)	1

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 25 September 2025.

L Bushell

Director

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BIG RESTAURANT GROUP LIMITED

REGISTERED NUMBER: 12601881

BALANCE SHEET (CONTINUED)

AS AT 31 DECEMBER 2024

The notes on pages 4 to 6 form part of these financial statements.

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BIG RESTAURANT GROUP LIMITED

STATEMENT OF CHANGES IN EQUITY

FOR THE YEAR ENDED 31 DECEMBER 2024

	Called up share capital	Profit and loss account	Total equity
	£	£	£
At 1 January 2023	1	-	1
Total comprehensive income for the year	-	-	-
Total transactions with owners	-	-	-

At 1 January 2024	1	-	1
Comprehensive income for the year
Loss for the year	-	(442,691)	(442,691)
Other comprehensive income for the year	-	-	-
Total comprehensive income for the year	-	(442,691)	(442,691)
Total transactions with owners	-	-	-
At 31 December 2024	1	(442,691)	(442,690)

The notes on pages 4 to 6 form part of these financial statements.

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BIG RESTAURANT GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1.	General information

The company is a private company, limited by shares, incorporated and domiciled in England within the United Kingdom, registration number 12601881. The Company's registered office is Nationworld House, Noose Lane, Willenhall, England, WV13 3AP.
The financial statements are presented in sterling which is the functional currency of the company and the financial statements are rounded to the nearest £1.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

2.2

Disclosure exemptions

The company has adopted the following disclosure exemptions:
Under FRS 102 Section 1.12, the company is exempt from the requirements to prepare a statement of cash flows on the grounds that the ultimate parent company of the group, Bushell Investment Group Limited includes the company's cash flows in its own published consolidated financial statements.
The entity is a 'qualifying entity' and has also taken advantage of the exemption from disclosing key management personnel (other than directors emoluments) under FRS 102 Section 1.12.
As the company is a wholly owned subsidiary of a company whose consolidated accounts include the results of the subsidiary and are publicly available, the company has taken advantage of the FRS 102 Section 33.1a exemption from disclosing transactions with group undertakings

2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.4

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

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BIG RESTAURANT GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Employees

The Company has no employees other than the directors, who did not receive any remuneration (2023 - £NIL).

4.	Fixed asset investments

		Investments in subsidiary companies
		£
	Cost or valuation
	At 1 January 2024	4,275,000
	At 31 December 2024	4,275,000

5.	Cash and cash equivalents
		2024	2023
		£	£

Cash at bank and in hand	1	1
	1	1

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BIG RESTAURANT GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

6.	Creditors: Amounts falling due within one year
		2024	2023
		£	£

Amounts owed to group undertakings	3,384,163	2,941,472
Other creditors	1,333,528	1,333,528
	4,717,691	4,275,000

7.	Share capital
		2024	2023
		£	£

Allotted, called up and fully paid

1 (2023 - 1) Ordinary share of £1.00	1	1

8.Other financial commitments

The company is party to a cross guarantee on bank borrowings taken out by Nationworld Limited with Metro Bank Plc who hold a first debenture from Big Restaurant Group Limited over all of its assets and undertakings

9.	Controlling party

The ultimate parent company is Bushell Investment Group Limited, a company incorporated in England and Wales. The parent company files consolidated accounts including the results of BIG Restaurant Group Limited, and these are filed at Companies House.

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