Company Registration No. SC320413 (Scotland)
BIG HOUSE EVENTS LTD
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2015
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 2015
31 March 2015
- 1 -
2015
2014
Notes
£
£
£
£
Fixed assets
Intangible assets
2
40,000
40,000
Tangible assets
2
26,179
32,755
66,179
72,755
Current assets
Debtors
1,675
26,870
Cash at bank and in hand
859
4,899
2,534
31,769
Creditors: amounts falling due within one year
(36,084)
(28,155)
Net current (liabilities)/assets
(33,550)
3,614
Total assets less current liabilities
32,629
76,369
Capital and reserves
Called up share capital
3
100
100
Profit and loss account
32,529
76,269
Shareholders' funds
32,629
76,369
For the financial year ended 31 March 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's 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 director acknowledges his 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 14 August 2015
Mr S Nairn
Director
Company Registration No. SC320413
BIG HOUSE EVENTS LTD
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2015
- 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
20% Reducing Balance
Computer equipment
20% Reducing Balance
Fixtures, fittings & equipment
20% Reducing Balance
Motor vehicles
20% Reducing Balance
2
Fixed assets
Intangible assets
Tangible assets
Total
£
£
£
Cost
At 1 April 2014
40,000
72,878
112,878
Additions
-
5,074
5,074
Disposals
-
(10,667)
(10,667)
At 31 March 2015
40,000
67,285
107,285
Depreciation
At 1 April 2014
-
40,122
40,122
On disposals
-
(5,426)
(5,426)
Charge for the year
-
6,410
6,410
At 31 March 2015
-
41,106
41,106
Net book value
At 31 March 2015
40,000
26,179
66,179
At 31 March 2014
40,000
32,755
72,755
BIG HOUSE EVENTS LTD
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2015
- 3 -
3
Share capital
2015
2014
£
£
Allotted, called up and fully paid
100 Ordinary of £1 each
100
100
2015-03-312014-04-01falsetruetruetruetruetruetmp4539.html2015-09-10SC3204132014-04-012015-03-31SC3204132015-03-31SC3204132014-03-31SC3204132014-03-31SC320413uk-bus:Director12014-04-012015-03-31SC320413uk-gaap:PlantMachinery2014-04-012015-03-31SC320413uk-gaap:ComputerEquipment2014-04-012015-03-31SC320413uk-gaap:FixturesFittingsToolsEquipment2014-04-012015-03-31SC320413uk-gaap:MotorVehicles2014-04-012015-03-31SC320413uk-bus:OrdinaryShareClass12014-04-012015-03-31SC320413uk-bus:OrdinaryShareClass12015-03-31SC320413uk-bus:OrdinaryShareClass12014-03-31xbrli:purexbrli:sharesiso4217:GBP
