Company Registration No. 09560505 (England and Wales)
Big Bear Hire Ltd
Unaudited Financial Accounts
for the year ended 30 April 2025
Big Bear Hire Ltd
Unaudited Financial Accounts
Contents
Big Bear Hire Ltd
Company Information
for the year ended 30 April 2025
Directors
Arwel Rees Davies
Lestyn Rowland Davies
Ifan Elfed Davies
Guto Rees Davies
Company Number
09560505 (England and Wales)
Registered Office
Big Bear Trailers, Shop 5 Oundle Marina
Barnwell Road, Oundle
Peterborough
PE8 5PB
Accountants
CDM Accountants Limited
28 Tytton Lane East
Wyberton
Boston
Lincolnshire
PE21 7HW
Big Bear Hire Ltd
Statement of financial position
as at 30 April 2025
Tangible assets
15,348
19,886
Inventories
203,883
256,241
Cash at bank and in hand
3,075
6,820
Creditors: amounts falling due within one year
(175,372)
(238,789)
Net current assets
80,227
112,112
Total assets less current liabilities
95,575
131,998
Creditors: amounts falling due after more than one year
-
(51,418)
Provisions for liabilities
Deferred tax
(3,836)
(4,971)
Called up share capital
2
2
Profit and loss account
91,737
75,607
Shareholders' funds
91,739
75,609
For the year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 18 December 2025 and were signed on its behalf by
Arwel Rees Davies
Director
Company Registration No. 09560505
Big Bear Hire Ltd
Notes to the Accounts
for the year ended 30 April 2025
Big Bear Hire Ltd is a private company, limited by shares, registered in England and Wales, registration number 09560505. The registered office is Big Bear Trailers, Shop 5 Oundle Marina, Barnwell Road, Oundle, Peterborough, PE8 5PB.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Website - 5 years straight line
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
15% reducing balance
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Big Bear Hire Ltd
Notes to the Accounts
for the year ended 30 April 2025
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
4
Intangible fixed assets
Other
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 May 2024
34,476
29,500
6,055
70,031
At 30 April 2025
34,476
29,500
6,055
70,031
At 1 May 2024
27,837
19,130
3,178
50,145
Charge for the year
1,514
2,593
431
4,538
At 30 April 2025
29,351
21,723
3,609
54,683
At 30 April 2025
5,125
7,777
2,446
15,348
At 30 April 2024
6,639
10,370
2,877
19,886
Amounts falling due within one year
Trade debtors
48,641
68,522
Accrued income and prepayments
-
1,238
Big Bear Hire Ltd
Notes to the Accounts
for the year ended 30 April 2025
7
Creditors: amounts falling due within one year
2025
2024
Trade creditors
59,679
25,076
Taxes and social security
29,932
17,413
Loans from directors
-
177,073
8
Creditors: amounts falling due after more than one year
2025
2024
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
10
Transactions with related parties
As at the year end there was a related party transaction of £nil (2024 - £51,418) of which no interest has been charged during the period.
11
Average number of employees
During the year the average number of employees was 3 (2024: 2).