ACCOUNTS - Final Accounts preparation

Registered number: 15409211

BIG NICE LUCY LTD

UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2025


BIG NICE LUCY LTD

CONTENTS

	Page
Balance sheet	1 - 2
Notes to the financial statements	3 - 6


BIG NICE LUCY LTD REGISTERED NUMBER:15409211

BALANCE SHEET

AS AT 31 MARCH 2025

		2025
Note		£

Fixed assets
Intangible assets	4		8,100,000
			8,100,000
Current assets
Debtors: amounts falling due within one year	5	193,188
Cash at bank and in hand	6	722,140
		915,328
Creditors: amounts falling due within one year	7	(9,249,483)
Net current liabilities			(8,334,155)
Total assets less current liabilities			(234,155)

Net liabilities			(234,155)

Capital and reserves
Called up share capital	8	100
Profit and loss account		(234,255)
		(234,155)


BIG NICE LUCY LTD REGISTERED NUMBER:15409211

BALANCE SHEET (CONTINUED)

AS AT 31 MARCH 2025

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 period in question in accordance with section 476 of the Companies Act 2006.

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

The financial statements have been prepared 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 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 profit and loss account 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 by:

L Moss

Director

Date: 12 January 2026

The notes on pages 3 to 6 form part of these financial statements.


BIG NICE LUCY LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2025

1.	General information

Big Nice Lucy Ltd is a private company, limited by shares and registered in England and Wales,
registration number 15409211. The registered office address is Elsley Court, 20-22 Great Titchfield Street, London, W1W 8BE.

The company was incorporated on 12 January 2024 and commenced trading on 6 April 2024.

The principal activity of the company is that of performing arts.

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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Going concern

The parent company has committed to continue to support the company for a period of not less than one year from the date of signing of the financial statements. On this basis, the director considers it appropriate to prepare the financial statements on the going concern basis. The financial statements do not include any adjustments that would result from the withdrawal of this support.

2.3

Foreign currency translation

Functional and presentation currency

The company's functional and presentational currency is pound sterling.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

2.4

Turover

Turnover from performing arts is recognised to the extent that it is probable that the economic benefits will flow to the company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

2.5

Interest income

Interest income is recognised in profit or loss using the effective interest method.


BIG NICE LUCY LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2025

2.Accounting policies (continued)

2.6

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the company operates and generates income.

2.7

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment.

2.9

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.

2.10

Creditors

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

2.11

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans to and from related parties and investments.

Employees

The average monthly number of employees, including directors, during the period was 1.


BIG NICE LUCY LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2025

4.	Intangible assets

		Rights
		£
	Cost
	Additions	9,000,000
	At 31 March 2025	9,000,000
	Amortisation
	Charge for the period on owned assets	900,000
	At 31 March 2025	900,000
	Net book value
	At 31 March 2025	8,100,000

Debtors

					2025
					£


	Amounts owed by group undertakings	1,000
	Prepayments and accrued income	192,188
		193,188

6.	Cash and cash equivalents
		2025
		£

	Cash at bank and in hand	722,140


BIG NICE LUCY LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2025

7.	Creditors: Amounts falling due within one year
		2025
		£

	Corporation tax	217,603
	Other taxation and social security	6,612
	Other creditors	9,000,000
	Accruals	25,268
		9,249,483

8.	Share capital
		2025
		£

		Allotted, called up and fully paid

		100 Ordinary shares of £1.00 each	100

On incorporation, the company issued 100 ordinary shares at a nominal value of £1 per share.

9.	Related party transactions
	At the year end, the company owed £9,000,000 to the director. The loan is unsecured, interest free and repayable on demand. No disclosure has been made of transactions with other wholly owned group campanies in accordance with FRS 102 Section 1A paragraph 1AC.35, as the company is itself a wholly owned subsidairy.