Big Sky Investments Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 04522008

Big Sky Investments Ltd

Unaudited financial statements

31 August 2025

Big Sky Investments Ltd

Statement of financial position

31 August 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Tangible assets	5	2,493,212	980,000
Investments	6	111,010	111,010
		-----------	-----------
		2,604,222	1,091,010

Current assets

Debtors	7	52,506	3,698
Cash at bank and in hand		21,151	34,602
		-------	-------
		73,657	38,300

Creditors: Amounts falling due within one year	8	( 2,154,205)		( 668,600)
		-----------		---------
Net current liabilities			( 2,080,548)		( 630,300)
			-----------		-----------
Total assets less current liabilities			523,674		460,710

Creditors: Amounts falling due after more than one year	9		( 15,521)		–

Provisions

Taxation including deferred tax		( 7,388)		617

Accruals and deferred income	( 8,919)	( 2,379)
	---------	---------
Net assets	491,846	458,948
	---------	---------

Capital and reserves

Called up share capital	1,300	1,300
Share premium account	108,100	108,100
Revaluation reserve	6,423	6,423
Profit and loss account	376,023	343,125
	---------	---------
Shareholders funds	491,846	458,948
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

For the year ending 31 August 2025 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 financial statements for the year in question in accordance with section 476 ;

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

Big Sky Investments Ltd

Statement of financial position (continued)

31 August 2025

These financial statements were approved by the board of directors and authorised for issue on 5 December 2025 , and are signed on behalf of the board by:

Mr P E Colchester

Director

Company registration number: 04522008

Big Sky Investments Ltd

Notes to the financial statements

Year ended 31 August 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Bankside 300, Peachman Way, Broadland Business Park, Norwich, NR7 0LB. The trading address is Blenheim House, Church Hill, Banham, Norfolk, NR16 2HN.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Consolidation

The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.

Revenue recognition

The turnover shown in the profit and loss account represents the amount of rental income due during the period.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that 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 that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and machinery	-	20% straight line
Motor vehicles	-	25% reducing balance

Investment property

Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

4. Employee numbers

The average number of employees during the year was 3 (2024: 3 ).

5. Tangible assets

	Investment property	Plant and machinery	Motor vehicles	Total
	£	£	£	£
Cost or valuation
At 1 September 2024	980,000	–	–	980,000
Additions	1,477,199	673	43,620	1,521,492
	-----------	----	-------	-----------
At 31 August 2025	2,457,199	673	43,620	2,501,492
	-----------	----	-------	-----------
Depreciation
At 1 September 2024	–	–	–	–
Charge for the year	–	101	8,179	8,280
	-----------	----	-------	-----------
At 31 August 2025	–	101	8,179	8,280
	-----------	----	-------	-----------
Carrying amount
At 31 August 2025	2,457,199	572	35,441	2,493,212
	-----------	----	-------	-----------
At 31 August 2024	980,000	–	–	980,000
	-----------	----	-------	-----------

At the year end the properties have been revalued by the directors to their current market value.

6. Investments

	Shares in group undertakings
	£
Cost
At 1 September 2024 and 31 August 2025	111,010
	---------
Impairment
At 1 September 2024 and 31 August 2025	–
	---------

Carrying amount
At 31 August 2025	111,010
	---------
At 31 August 2024	111,010
	---------

7. Debtors

	2025	2024
	£	£
Trade debtors	465	–
Amounts owed by group undertakings	212	212
Other debtors	51,829	3,486
	-------	------
	52,506	3,698
	-------	------

8. Creditors: Amounts falling due within one year

	2025	2024
	£	£
Social security and other taxes	5,629	2,405
Other creditors	2,148,576	666,195
	-----------	---------
	2,154,205	668,600
	-----------	---------

Hire purchase agreements included in other creditors of £11,641 (2024: £nil) are secured against the assets to which they relate .

9. Creditors: Amounts falling due after more than one year

	2025	2024
	£	£
Other creditors	15,521	–
	-------	----

HIre purchase agreements included in other creditors of £15,521 (2024: £nil) are secured against the assets to which they relate.