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REGISTERED NUMBER: 12803324 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2022

for

Buff BBQ Limited

Buff BBQ Limited (Registered number: 12803324)






Contents of the Financial Statements
for the Year Ended 31 December 2022




Page

Balance Sheet 1

Notes to the Financial Statements 3


Buff BBQ Limited (Registered number: 12803324)

Balance Sheet
31 December 2022

2022 2021
Notes £    £    £    £   
Fixed assets
Tangible assets 4 113,891 2,462

Current assets
Stocks 5,000 31,545
Debtors 5 81,339 159,544
Cash at bank 5,906 79,029
92,245 270,118
Creditors
Amounts falling due within one year 6 330,921 210,901
Net current (liabilities)/assets (238,676 ) 59,217
Total assets less current liabilities (124,785 ) 61,679

Capital and reserves
Called up share capital 100 100
Retained earnings (124,885 ) 61,579
(124,785 ) 61,679

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Buff BBQ Limited (Registered number: 12803324)

Balance Sheet - continued
31 December 2022


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 September 2023 and were signed on its behalf by:





E Riahi - Director


Buff BBQ Limited (Registered number: 12803324)

Notes to the Financial Statements
for the Year Ended 31 December 2022

1. Statutory information

Buff BBQ Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 12803324

Registered office: Pound House
62a Highgate High Street
London
N6 5HX

2. Accounting policies

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 - 20% on cost
Fixtures and fittings - 20% on cost
Computer equipment - 20% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


Buff BBQ Limited (Registered number: 12803324)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2022

2. Accounting policies - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. Employees and directors

The average number of employees during the year was 2 (2021 - 2 ) .

4. Tangible fixed assets
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
Cost
At 1 January 2022 - 350 2,153 2,503
Additions 110,000 1,237 3,167 114,404
At 31 December 2022 110,000 1,587 5,320 116,907
Depreciation
At 1 January 2022 - - 41 41
Charge for year 1,833 200 942 2,975
At 31 December 2022 1,833 200 983 3,016
Net book value
At 31 December 2022 108,167 1,387 4,337 113,891
At 31 December 2021 - 350 2,112 2,462

Buff BBQ Limited (Registered number: 12803324)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2022

5. Debtors: amounts falling due within one year
2022 2021
£    £   
Trade debtors 2,140 5,238
Other debtors 60,281 40,736
VAT - 17,979
Prepayments 18,918 95,591
81,339 159,544

6. Creditors: amounts falling due within one year
2022 2021
£    £   
Trade creditors 227,613 134,306
Corporation tax 766 13,976
VAT 15,240 -
Other creditors 66,453 53,780
Directors' current accounts 15,996 4,759
Accrued expenses 4,853 4,080
330,921 210,901

7. Ultimate controlling party

The ultimate controlling party is is the directors together.