Company registration number 08863768 (England and Wales)
SURPRISE FIRESIDE LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023
PAGES FOR FILING WITH REGISTRAR
SURPRISE FIRESIDE LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
SURPRISE FIRESIDE LTD
BALANCE SHEET
AS AT
30 NOVEMBER 2023
30 November 2023
- 1 -
2023
2022
Notes
£
£
£
£
Fixed assets
Tangible assets
3
1,674
2,473
Current assets
Debtors
4
122,298
310,632
Cash at bank and in hand
657,306
1,303,167
779,604
1,613,799
Creditors: amounts falling due within one year
5
(28,393)
(764,697)
Net current assets
751,211
849,102
Net assets
752,885
851,575
Capital and reserves
Called up share capital
5
5
Profit and loss reserves
752,880
851,570
Total equity
752,885
851,575

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

The financial statements were approved by the board of directors and authorised for issue on 12 August 2024 and are signed on its behalf by:
G Garvey
C Potter
Director
Director
M Potter
P Turner
Director
Director
Company registration number 08863768 (England and Wales)
SURPRISE FIRESIDE LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023
- 2 -
1
Accounting policies
Company information

Surprise Fireside Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 3rd Floor, Colwyn Chambers, 19 York Street, Manchester, M2 3BA.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover represents amounts receivable for live musical performances net of VAT.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures, fittings & equipment
25% straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Cash at bank and in hand

Cash at bank and in hand are basic financial assets and include cash in hand, deposits held at call with banks.

1.5
Financial instruments

The company has only basic financial instruments.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method.

Basic financial liabilities

Basic financial liabilities, including creditors, loans from fellow group companies are initially recognised at transaction price unless the arrangement constitutes a financing transaction.

 

SURPRISE FIRESIDE LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2023
1
Accounting policies
(Continued)
- 3 -
1.6
Taxation

The tax expense represents the sum of the tax currently payable.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

1.7
Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2023
2022
Number
Number
Total
4
4
3
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 December 2022
13,888
Additions
1,000
At 30 November 2023
14,888
Depreciation and impairment
At 1 December 2022
11,415
Depreciation charged in the year
1,799
At 30 November 2023
13,214
Carrying amount
At 30 November 2023
1,674
At 30 November 2022
2,473
SURPRISE FIRESIDE LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2023
- 4 -
4
Debtors
2023
2022
Amounts falling due within one year:
£
£
Corporation tax recoverable
18,196
18,117
Other debtors
104,102
292,515
122,298
310,632
5
Creditors: amounts falling due within one year
2023
2022
£
£
Trade creditors
116
2,584
Corporation tax
3
182,478
Other taxation and social security
-
0
92,491
Other creditors
28,274
487,144
28,393
764,697
6
Directors' transactions

Advances or credits have been granted by the company to its directors as follows:

Description
% Rate
Opening balance
Interest charged
Amounts repaid
Closing balance
£
£
£
£
Directors loan
2.25
53,121
1,104
(3,484)
50,741
Directors loan
2.25
6,108
133
-
6,241
59,229
1,237
(3,484)
56,982
2023-11-302022-12-01false12 August 2024CCH SoftwareCCH Accounts Production 2024.100No description of principal activityG GarveyC PotterM PotterP Turnerfalsefalse088637682022-12-012023-11-30088637682023-11-30088637682022-11-3008863768core:OtherPropertyPlantEquipment2023-11-3008863768core:OtherPropertyPlantEquipment2022-11-3008863768core:CurrentFinancialInstrumentscore:WithinOneYear2023-11-3008863768core:CurrentFinancialInstrumentscore:WithinOneYear2022-11-3008863768core:CurrentFinancialInstruments2023-11-3008863768core:CurrentFinancialInstruments2022-11-3008863768core:ShareCapital2023-11-3008863768core:ShareCapital2022-11-3008863768core:RetainedEarningsAccumulatedLosses2023-11-3008863768core:RetainedEarningsAccumulatedLosses2022-11-3008863768bus:Director12022-12-012023-11-3008863768bus:Director22022-12-012023-11-3008863768bus:Director32022-12-012023-11-3008863768bus:Director42022-12-012023-11-3008863768core:FurnitureFittings2022-12-012023-11-30088637682021-12-012022-11-3008863768core:OtherPropertyPlantEquipment2022-11-3008863768core:OtherPropertyPlantEquipment2022-12-012023-11-3008863768core:WithinOneYear2023-11-3008863768core:WithinOneYear2022-11-3008863768bus:PrivateLimitedCompanyLtd2022-12-012023-11-3008863768bus:SmallCompaniesRegimeForAccounts2022-12-012023-11-3008863768bus:FRS1022022-12-012023-11-3008863768bus:AuditExemptWithAccountantsReport2022-12-012023-11-3008863768bus:FullAccounts2022-12-012023-11-30xbrli:purexbrli:sharesiso4217:GBP