Bigtincan UK Ltd - Accounts to registrar - small 17.2

REGISTERED NUMBER: SC470784 (Scotland)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2017

FOR

BIGTINCAN UK LTD

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTOR:

Mr G P Cohen

REGISTERED OFFICE:

7 Royal Crescent

Glasgow

G3 7SL

REGISTERED NUMBER:

SC470784 (Scotland)

ACCOUNTANTS:

K M Stewart & Company

7 Royal Crescent

Glasgow

G3 7SL

BANKERS:

Clydesdale Bank Plc

40 St Vincent Place

Glasgow

G1 2HL

FIXED ASSETS

Tangible assets

4

1,106

2,447

CURRENT ASSETS

Debtors

5

81,158

101,864

Cash at bank

37,753

11,392

118,911

113,256

CREDITORS

Amounts falling due within one year

6

57,948

62,748

NET CURRENT ASSETS

60,963

50,508

TOTAL ASSETS LESS CURRENT LIABILITIES

62,069

52,955

PROVISIONS FOR LIABILITIES

219

489

NET ASSETS

61,850

52,466

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

60,850

51,466

SHAREHOLDERS' FUNDS

61,850

52,466

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2017 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 on 6 October 2017 and were signed by:

Mr G P Cohen - Director

1.	STATUTORY INFORMATION

Bigtincan UK Ltd is a private company, limited by shares , registered in Scotland. 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

This is the first year in which the financial statements have been prepared under FRS 102. The transition from

preparing the financial statements in accordance with FRSSE (2015) to FRS 102 (1A) has had no material

impact on either the financial position or the financial performance as previously reported by the company.

Turnover

Turnover represents net invoiced sales from the recharge of information technology services.

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 etc

-

at varying rates on reducing balance

Debtors

Debtors are recognised at the settlement amount due with appropriate allowances for any irrecoverable amounts

when there is objective evidence that the asset is impaired.

Cash and cash equivalents

Cash and cash equivalents in the balance sheet comprise cash on hand and cash at bank with a short term of

maturity, being twelve months or less, from the opening of the deposit or similar account.

Creditors

Creditors are recognised where the company has a present obligation resulting from a past event and are

recognised at the settlement amount due after allowing for any trade discounts due.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2016 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 July 2016

7,509

Additions

749

At 30 June 2017

8,258

DEPRECIATION

At 1 July 2016

5,062

Charge for year

2,090

At 30 June 2017

7,152

NET BOOK VALUE

At 30 June 2017

1,106

At 30 June 2016

2,447

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

80,721

101,438

Prepayments

437

426

81,158

101,864

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade creditors

9,837

13,741

Tax

2,573

5,985

Other creditors

40,188

35,052

Accrued expenses

5,350

7,970

57,948

62,748