Abbreviated Company Accounts - BIGWHITEWALL LIMITED

06227377 BIGWHITEWALL LIMITED 2014-03-31 false 2013-04-01 2014-03-31 true 06227377 2013-04-01 2014-03-31 06227377 2014-03-31 06227377 2013-03-31 06227377 uk-gaap-cd-bus:Director1 2013-04-01 2014-03-31 06227377 uk-gaap-cd-bus:Director2 2013-04-01 2014-03-31 uk-gaap-cd-bus:Director3 2013-04-01 2014-03-31 uk-gaap-cd-bus:Director3 2014-03-31 uk-gaap-cd-bus:Director3 2013-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-04-01 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-03-31 iso4217:GBP shares

Registered Number 06227377

BIGWHITEWALL LIMITED

Abbreviated Accounts

31 March 2014

BIGWHITEWALL LIMITED Registered Number 06227377

Abbreviated Balance Sheet as at 31 March 2014

	Notes	2014	2013
		£	£
Called up share capital not paid		-	-
Fixed assets
Tangible assets	2	342,160	90,696
Investments	3	51	51
		342,211	90,747
Current assets
Debtors		1,017,108	198,213
Cash at bank and in hand		397,993	55,105
		1,415,101	253,318
Creditors: amounts falling due within one year	4	(1,992,617)	(538,660)
Net current assets (liabilities)		(577,516)	(285,342)
Total assets less current liabilities		(235,305)	(194,595)
Creditors: amounts falling due after more than one year	4	(134,826)	(163,333)
Total net assets (liabilities)		(370,131)	(357,928)
Capital and reserves
Called up share capital	5	1,632	1,632
Share premium account		65,689	65,689
Profit and loss account		(437,452)	(425,249)
Shareholders' funds		(370,131)	(357,928)

For the year ending 31 March 2014 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 24 December 2014

And signed on their behalf by:
Ms Jenny K Hyatt, Director

BIGWHITEWALL LIMITED Registered Number 06227377

Notes to the Abbreviated Accounts for the period ended 31 March 2014

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.

Turnover policy
Turnover represents net invoiced sales of services, excluding value added tax and trade discounts.
Where amounts invoiced exceed revenue, the excess is classified as deferred income and disclosed accordingly.

Tangible assets depreciation policy
Depreciation is provided at the following rates in order to write off each asset over its estimated useful life.
Website 25% of cost
Fixtures and fittings 25% of cost
Computer equipment 33% of cost

Intangible assets amortisation policy
N/A

Valuation information and policy
N/A

Other accounting policies
Trade debtors are recognised and carried at original invoice amount less an allowance for any non-collectable amounts. An estimate for doubtful debts is made when collection of the full amount is no longer probable. Bad debts are written off when identified.

2Tangible fixed assets

	£
Cost
At 1 April 2013	159,909
Additions	436,547
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2014	596,456
Depreciation
At 1 April 2013	69,213
Charge for the year	185,083
On disposals	-
At 31 March 2014	254,296
Net book values
At 31 March 2014	342,160
At 31 March 2013	90,696

3Fixed assets Investments
N/A

4Creditors

	2014 £	2013 £
Non-instalment debts due after 5 years	100,000	100,000

5Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
1,632 Ordinary shares of £1 each	1,632	1,632

6Transactions with directors

Name of director receiving advance or credit:	Ms Jenny K Hyatt
Description of the transaction:	Directors current account
Balance at 1 April 2013:	£ 79,525
Advances or credits made:	£ 0
Advances or credits repaid:	£ 0
Balance at 31 March 2014:	£ 79,525