Big Time Agency Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04001205 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2020

for

Big Time Agency Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

L J Camm

REGISTERED OFFICE:

10 Nether Park Drive

Allestree

Derby

Derbyshire

DE22 2TR

REGISTERED NUMBER:

04001205 (England and Wales)

ACCOUNTANTS:

A Butler & Co

12 Darley Abbey Mills

Darley Abbey

Derby

Derbyshire

DE22 1DZ

FIXED ASSETS

Tangible assets

4

1,814

502

CURRENT ASSETS

Debtors

414

4,481

Cash at bank and in hand

2,753

525

3,167

5,006

CREDITORS

Amounts falling due within one year

41,646

38,857

NET CURRENT LIABILITIES

(38,479

)

(33,851

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(36,665

)

(33,349

)

CREDITORS

Amounts falling due after more than one year

4,000

-

NET LIABILITIES

(40,665

)

(33,349

)

CAPITAL AND RESERVES

Called up share capital

3

3

Retained earnings

(40,668

)

(33,352

)

SHAREHOLDERS' FUNDS

(40,665

)

(33,349

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2020 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2020 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 September 2021 and were signed by:

L J Camm - Director

1.	STATUTORY INFORMATION

Big Time Agency Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Government grants

Government grants are recognised under the accruals basis.

Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account.

Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2019 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2020

15,000

Additions

1,916

At 31 December 2020

16,916

DEPRECIATION

At 1 January 2020

14,498

Charge for year

604

At 31 December 2020

15,102

NET BOOK VALUE

At 31 December 2020

1,814

At 31 December 2019

502

5.	GOING CONCERN

The company has retained losses of £40,668 at the year end 31 December 2020 (2019 - £33,352). The company therefore relies upon the continuing support of its director to maintain its going concern status into the foreseeable future.