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REGISTERED NUMBER: 12319423 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2023

for

BILLY BIG BAGEL'S INTERACTIVE
ENTERTAINMENT LIMITED

BILLY BIG BAGEL'S INTERACTIVE
ENTERTAINMENT LIMITED (REGISTERED NUMBER: 12319423)






Contents of the Financial Statements
for the year ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BILLY BIG BAGEL'S INTERACTIVE
ENTERTAINMENT LIMITED

Company Information
for the year ended 30 November 2023







DIRECTORS: J S Carbutt
T H Jackson
W D Todd





REGISTERED OFFICE: 4th Floor Silverstream House
Fitzroy Street
London
W1T 6EB





REGISTERED NUMBER: 12319423 (England and Wales)





ACCOUNTANTS: Plus Accounting
Chartered Accountants
Preston Park House
South Road
Brighton
East Sussex
BN1 6SB

BILLY BIG BAGEL'S INTERACTIVE
ENTERTAINMENT LIMITED (REGISTERED NUMBER: 12319423)

Balance Sheet
30 November 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 727 1,132

CURRENT ASSETS
Debtors 5 24,279 52,953
Cash at bank 55,273 3,141
79,552 56,094
CREDITORS
Amounts falling due within one year 6 (4,392 ) (3,316 )
NET CURRENT ASSETS 75,160 52,778
TOTAL ASSETS LESS CURRENT
LIABILITIES

75,887

53,910

CAPITAL AND RESERVES
Called up share capital 7 1 1
Retained earnings 75,886 53,909
SHAREHOLDERS' FUNDS 75,887 53,910

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 August 2024 and were signed on its behalf by:





J S Carbutt - Director


BILLY BIG BAGEL'S INTERACTIVE
ENTERTAINMENT LIMITED (REGISTERED NUMBER: 12319423)

Notes to the Financial Statements
for the year ended 30 November 2023

1. STATUTORY INFORMATION

Billy Big Bagel's Interactive Entertainment Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Revenue from the production of video games is recognised as contract activity progresses

Tangible fixed assets
Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended by management.
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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.

BILLY BIG BAGEL'S INTERACTIVE
ENTERTAINMENT LIMITED (REGISTERED NUMBER: 12319423)

Notes to the Financial Statements - continued
for the year ended 30 November 2023

2. ACCOUNTING POLICIES - continued

Going concern
The directors have agreed to support the company as necessary in the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Impairment policy
At each balance sheet date, the company reviews the carrying amount of its assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of an asset, the Company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 December 2022 3,330
Additions 1,035
At 30 November 2023 4,365
DEPRECIATION
At 1 December 2022 2,198
Charge for year 1,440
At 30 November 2023 3,638
NET BOOK VALUE
At 30 November 2023 727
At 30 November 2022 1,132

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 24,279 52,953

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other creditors 4,392 3,316

BILLY BIG BAGEL'S INTERACTIVE
ENTERTAINMENT LIMITED (REGISTERED NUMBER: 12319423)

Notes to the Financial Statements - continued
for the year ended 30 November 2023

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
60 Ordinary £0.01 1 1