Company Registration No. 12131692 (England and Wales)
OINK BBQ LIMITED
Unaudited accounts
for the year ended 31 July 2023
OINK BBQ LIMITED
Unaudited accounts
Contents
OINK BBQ LIMITED
Company Information
for the year ended 31 July 2023
Directors
Mr B King
Mr M King
Company Number
12131692 (England and Wales)
Registered Office
49 Tower Cottages
Weald Road
South Weald
Brentwood
Essex
CM14 5QJ
England
Accountants
Jayray Financial Services Ltd
49 Tower Cottages, Weald Road
South Weald
Brentwood
Essex
CM14 5QJ
OINK BBQ LIMITED
Statement of financial position
as at 31 July 2023
Tangible assets
31,429
44,520
Cash at bank and in hand
25,389
288
Creditors: amounts falling due within one year
(85,083)
(84,960)
Net current liabilities
(56,342)
(74,661)
Total assets less current liabilities
(24,913)
(30,141)
Creditors: amounts falling due after more than one year
(21,646)
(30,889)
Net liabilities
(46,559)
(61,030)
Called up share capital
100
100
Profit and loss account
(46,659)
(61,130)
Shareholders' funds
(46,559)
(61,030)
For the year ending 31 July 2023 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 6 April 2024 and were signed on its behalf by
Mr B King
Director
Company Registration No. 12131692
OINK BBQ LIMITED
Notes to the Accounts
for the year ended 31 July 2023
OINK BBQ LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12131692. The registered office is 49 Tower Cottages, Weald Road, South Weald, Brentwood, Essex, CM14 5QJ, 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.
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:
Motor vehicles
25% Straight Line
Fixtures & fittings
25% Straight Line
The director shareholders of the company are fully committed to supporting the company throughout the initial years of trade and will not call upon their debt to be repaid until there are sufficient reverses in the company to do so.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 August 2022
26,656
50,056
76,712
At 31 July 2023
34,772
50,056
84,828
At 1 August 2022
19,678
12,514
32,192
Charge for the year
8,693
12,514
21,207
At 31 July 2023
28,371
25,028
53,399
At 31 July 2023
6,401
25,028
31,429
At 31 July 2022
6,978
37,542
44,520
OINK BBQ LIMITED
Notes to the Accounts
for the year ended 31 July 2023
Amounts falling due within one year
Other debtors
3,352
10,011
6
Creditors: amounts falling due within one year
2023
2022
Amounts owed to group undertakings and other participating interests
-
7,610
Other creditors
1,801
1,200
Loans from directors
82,849
69,627
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
21,646
30,889
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).