BIG_COUNTRY_LIMITED - Accounts

BIG COUNTRY LIMITED - Company Information

Print Friendly Version

Company Registration No. 02863204 (England and Wales)

BIG COUNTRY LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2015

BIG COUNTRY LIMITED

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

BIG COUNTRY LIMITED

ABBREVIATED BALANCE SHEET

AS AT

30 APRIL 2015

- 1 -

2015

2014

Notes

Fixed assets

Tangible assets

63,133

70,818

Current assets

Debtors

285,940

343,135

Cash at bank and in hand

107,958

333,499

393,898

676,634

Creditors: amounts falling due within one year

(61,941)

(85,424)

Net current assets

331,957

591,210

Total assets less current liabilities

395,090

662,028

Capital and reserves

Called up share capital

300,000

Share premium account

145,830

Profit and loss account

(50,740)

216,198

Shareholders' funds

395,090

662,028

For the financial year ended 30 April 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 her 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 29 July 2016

Mrs J Owide

Director

Company Registration No. 02863204

BIG COUNTRY LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 2015

- 2 -

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

Turnover

Turnover represents amounts receivable in respect of licence, rent and fees rendered.

1.3

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:

Land and buildings Leasehold

Over the period of the lease

Fixtures, fittings & equipment

25% reducing balance basis

1.4

Deferred taxation

Deferred tax is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

Fixed assets

Tangible assets

Cost

At 1 May 2014 & at 30 April 2015

334,340

Depreciation

At 1 May 2014

263,522

Charge for the year

7,685

At 30 April 2015

271,207

Net book value

At 30 April 2015

63,133

At 30 April 2014

70,818

Share capital

2015

2014

Allotted, called up and fully paid

100,000 Ordinary shares of £1 each

100,000

200,000 Deferred Convertible shares of £1 each

200,000

300,000