Company Registration No. SC320413 (Scotland)
BIG HOUSE EVENTS LTD
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2014
BIG HOUSE EVENTS LTD
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
BIG HOUSE EVENTS LTD
ABBREVIATED BALANCE SHEET
AS AT
31 MARCH 2014
31 March 2014
- 1 -
2014
2013
Notes
£
£
£
£
Fixed assets
Intangible assets
2
40,000
40,000
Tangible assets
2
32,755
30,078
72,755
70,078
Current assets
Debtors
26,870
22,839
Cash at bank and in hand
4,899
14,212
31,769
37,051
Creditors: amounts falling due within one year
(28,155)
(48,765)
Net current assets/(liabilities)
3,614
(11,714)
Total assets less current liabilities
76,369
58,364
Capital and reserves
Called up share capital
3
100
100
Profit and loss account
76,269
58,264
Shareholders' funds
76,369
58,364
For the financial year ended 31 March 2014 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.
These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Approved by the Board for issue on 19 May 2014
Mr E Anderson
Mr S Nairn
Director
Director
Company Registration No. SC320413
BIG HOUSE EVENTS LTD
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2014
- 2 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
1.4
Goodwill
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life.
1.5
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Plant and machinery
Computer equipment
Fixtures, fittings & equipment
Motor vehicles
2
Fixed assets
Intangible assets
Tangible assets
Total
£
£
£
Cost
At 1 April 2013
40,000
62,011
102,011
Additions
10,867
10,867
At 31 March 2014
40,000
72,878
112,878
Depreciation
At 1 April 2013
31,934
31,934
Charge for the year
8,189
8,189
At 31 March 2014
40,123
40,123
Net book value
At 31 March 2014
40,000
32,755
72,755
At 31 March 2013
40,000
30,078
70,078
BIG HOUSE EVENTS LTD
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2014
- 3 -
3
Share capital
2014
2013
£
£
Allotted, called up and fully paid
100 Ordinary of £1 each
100
100
2014-03-312013-04-01truetruetruefalsetruetruetmpC95B.html2014-08-26SC3204132013-04-012014-03-31SC3204132014-03-31SC3204132013-03-31SC3204132013-03-31SC320413uk-bus:Director12013-04-012014-03-31SC320413uk-bus:Director22013-04-012014-03-31SC320413uk-bus:OrdinaryShareClass12013-04-012014-03-31SC320413uk-bus:OrdinaryShareClass12014-03-31SC320413uk-bus:OrdinaryShareClass12013-03-31SC320413uk-curr:PoundSterling2013-04-012014-03-31xbrli:purexbrli:sharesiso4217:GBP
