REGISTERED NUMBER: 07192572 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

BIG LIFE ADVENTURES LIMITED

Page

Balance sheet

1

Notes to the financial statements

2

Fixed assets

Tangible assets

4

20,861

23,877

Current assets

Debtors

5

27,720

33,012

Cash at bank

226

4,104

27,946

37,116

Creditors

Amounts falling due within one year

6

66,361

72,392

Net current liabilities

(38,415

)

(35,276

)

Total assets less current liabilities

(17,554

)

(11,399

)

Capital and reserves

Called up share capital

7

1

1

Retained earnings

(17,555

)

(11,400

)

Shareholders' funds

(17,554

)

(11,399

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

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

The financial statements were approved by the director and authorised for issue on 23 December 2025 and were signed by:

Mr M Handscombe - Director

1.	Statutory information

Big Life Adventures Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 07192572. The registered office and business address is 40 West Way, Broadstone, BH18 9LS.

2.	Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The Company has made a loss during the year and has a deficiency of assets at the year end of £17,554. The Company is dependent upon the continued support of its director. The director has confirmed his support of the Company over the next 12 months, in order that it can meet its day to day working capital requirements.

Turnover

Turnover represents amounts received for outdoor expeditions and other sports activities net of VAT.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on reducing balance

Computer equipment

-

20% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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

Financial instruments

Basic financial instruments are initially recognised at transaction price and accounted for according to the substance of the contractual arrangement, as either financial assets, liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company, after deducting all liabilities.

At each balance sheet date, financial instruments are measured at amortised cost using the effective interest method. Any losses arising from impairment are recognised in the profit and loss account in the period to which they relate.

3.	Employees and directors

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

4.	Tangible fixed assets

Plant and

Computer

machinery

equipment

Totals

£

£

£

Cost

At 1 April 2024

73,358

3,472

76,830

Additions

2,200

-

2,200

At 31 March 2025

75,558

3,472

79,030

Depreciation

At 1 April 2024

51,259

1,694

52,953

Charge for year

4,860

356

5,216

At 31 March 2025

56,119

2,050

58,169

Net book value

At 31 March 2025

19,439

1,422

20,861

At 31 March 2024

22,099

1,778

23,877

5.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

27,720

33,012

6.

Creditors: amounts falling due within one year

2025

2024

£

£

Trade creditors

270

233

VAT

3,991

6,786

Net wages

2,009

-

Directors' current accounts

58,431

63,798

Accruals and deferred income

1,660

1,575

66,361

72,392

7.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1

Ordinary

£1

1

1

8.	Ultimate controlling party

The Company is under the control of the Director, by virtue of their 100% holding of the issued voting share capital of the Company.