Abbreviated Company Accounts - BIG-ACTIVE LTD.

Registered Number 02228504

BIG-ACTIVE LTD.

Abbreviated Accounts

31 March 2014

BIG-ACTIVE LTD. Registered Number 02228504

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	3,175	3,969
		3,175	3,969
Current assets
Stocks		44,206	-
Debtors		15,047	89,743
Cash at bank and in hand		170,463	164,784
		229,716	254,527
Prepayments and accrued income		499	1,540
Creditors: amounts falling due within one year		(13,125)	(166)
Net current assets (liabilities)		217,090	255,901
Total assets less current liabilities		220,265	259,870
Accruals and deferred income		(3,330)	(3,582)
Total net assets (liabilities)		216,935	256,288
Capital and reserves
Called up share capital		210	210
Profit and loss account		216,725	256,078
Shareholders' funds		216,935	256,288

For the year ending 31 March 2014 the company was entitled to exemption 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 19 August 2014

And signed on their behalf by:
G O'Connell, Director

BIG-ACTIVE LTD. Registered Number 02228504

Notes to the Abbreviated Accounts for the period ended 31 March 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Studio Equipment: 100% of cost in the year of acquisition and 20% of any residual net book value

Other accounting policies
Foreign currencies
Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction.
Monetary assets and liabilities denominated in foreign currencies are translated at the rate of
exchange ruling at the balance sheet date. All differences are taken to the profit and loss account.

2Tangible fixed assets

	£
Cost
At 1 April 2013	100,605
Additions	-
Disposals	(70,000)
Revaluations	-
Transfers	-
At 31 March 2014	30,605
Depreciation
At 1 April 2013	96,636
Charge for the year	794
On disposals	(70,000)
At 31 March 2014	27,430
Net book values
At 31 March 2014	3,175
At 31 March 2013	3,969