Abbreviated Company Accounts - BIG IDEA DESIGNS LTD

Abbreviated Company Accounts - BIG IDEA DESIGNS LTD


Registered Number 08056959

BIG IDEA DESIGNS LTD

Abbreviated Accounts

31 March 2015

BIG IDEA DESIGNS LTD Registered Number 08056959

Abbreviated Balance Sheet as at 31 March 2015

Notes 31/03/2015 31/05/2014
£ £
Fixed assets
Intangible assets 2 500,000 -
500,000 -
Current assets
Cash at bank and in hand 1,116 501
1,116 501
Creditors: amounts falling due within one year (143) (100)
Net current assets (liabilities) 973 401
Total assets less current liabilities 500,973 401
Total net assets (liabilities) 500,973 401
Capital and reserves
Called up share capital 1 1
Other reserves 500,000 -
Profit and loss account 972 400
Shareholders' funds 500,973 401
  • For the year ending 31 March 2015 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 31 July 2015

And signed on their behalf by:
Azhar Sheikh, Director

BIG IDEA DESIGNS LTD Registered Number 08056959

Notes to the Abbreviated Accounts for the period ended 31 March 2015

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.

2Intangible fixed assets
£
Cost
At 1 June 2014 -
Additions 500,000
Disposals -
Revaluations -
Transfers -
At 31 March 2015 500,000
Amortisation
At 1 June 2014 -
Charge for the year -
On disposals -
At 31 March 2015 -
Net book values
At 31 March 2015 500,000
At 31 May 2014 -

Film Scripts, Stock of paintings