Company Registration No. 08529039 (England and Wales)
Bigfoot International Education Ltd
Unaudited accounts
for the year ended 31 May 2020
Bigfoot International Education Ltd
Unaudited accounts
Contents
Bigfoot International Education Ltd
Company Information
for the year ended 31 May 2020
Directors
Na Ma
Yee Bun Tsang
Company Number
08529039 (England and Wales)
Registered Office
SUITE 11
11 BEAR STREET
LONDON
LONDON
WC2H 7AS
ENGLAND
Accountants
Tax Return Accountants Ltd
26 Spinning Wheel Way
Hackbridge
WALLINGTON
GB
SM6 7DS
Bigfoot International Education Ltd
Statement of financial position
as at 31 May 2020
Cash at bank and in hand
17,644
5,539
Creditors: amounts falling due within one year
(13,617)
(16,180)
Net current assets/(liabilities)
7,107
(7,561)
Total assets less current liabilities
7,957
(6,499)
Creditors: amounts falling due after more than one year
(200,000)
(200,000)
Net liabilities
(192,043)
(206,499)
Called up share capital
1,000
1,000
Profit and loss account
(193,043)
(207,499)
Shareholders' funds
(192,043)
(206,499)
For the year ending 31 May 2020 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 26 June 2021 and were signed on its behalf by
Na Ma
Director
Company Registration No. 08529039
Bigfoot International Education Ltd
Notes to the Accounts
for the year ended 31 May 2020
Bigfoot International Education Ltd is a private company, limited by shares, registered in England and Wales, registration number 08529039. The registered office is SUITE 11, 11 BEAR STREET, LONDON, LONDON, WC2H 7AS, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Computer equipment
Bigfoot International Education Ltd
Notes to the Accounts
for the year ended 31 May 2020
5
Debtors: amounts falling due within one year
2020
2019
6
Creditors: amounts falling due within one year
2020
2019
Taxes and social security
-
714
Other creditors
13,617
15,466
7
Creditors: amounts falling due after more than one year
2020
2019
Loans from directors
200,000
200,000
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
9
Average number of employees
During the year the average number of employees was 4 (2019: 5).
