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REGISTERED NUMBER: 13589060 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2024

for

Offbeat BBQ Events Ltd

Offbeat BBQ Events Ltd (Registered number: 13589060)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Offbeat BBQ Events Ltd

Company Information
for the Year Ended 31 August 2024







DIRECTOR: D S Southcott





REGISTERED OFFICE: 26 Bellview Road
Worthing
East Sussex
BN13 1HA





REGISTERED NUMBER: 13589060 (England and Wales)





ACCOUNTANTS: Burnbecks Limited
Chartered Certified Accountants
2B Haddo Street
Greenwich
London
SE10 9RN

Offbeat BBQ Events Ltd (Registered number: 13589060)

Abridged Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 21,000 24,000
Tangible assets 5 15,592 1,849
36,592 25,849

CURRENT ASSETS
Stocks 1,200 1,450
Cash at bank and in hand 36,547 24,371
37,747 25,821
CREDITORS
Amounts falling due within one year 24,467 21,996
NET CURRENT ASSETS 13,280 3,825
TOTAL ASSETS LESS CURRENT
LIABILITIES

49,872

29,674

CREDITORS
Amounts falling due after more than one
year

6

(7,910

)

(10,214

)

PROVISIONS FOR LIABILITIES (2,963 ) (351 )
NET ASSETS 38,999 19,109

Offbeat BBQ Events Ltd (Registered number: 13589060)

Abridged Balance Sheet - continued
31 August 2024

31.8.24 31.8.23
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 100 100
Share premium 15,250 15,250
Retained earnings 23,649 3,759
38,999 19,109

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 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 applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 August 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 and authorised for issue on 1 October 2024 and were signed by:





D S Southcott - Director


Offbeat BBQ Events Ltd (Registered number: 13589060)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

Offbeat BBQ Events Ltd 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.

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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2021, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Kitchen equipment - 15% on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 33% 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 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.


Offbeat BBQ Events Ltd (Registered number: 13589060)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

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 NIL (2023 - NIL).

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 September 2023
and 31 August 2024 30,000
AMORTISATION
At 1 September 2023 6,000
Amortisation for year 3,000
At 31 August 2024 9,000
NET BOOK VALUE

At 31 August 2024 21,000
At 31 August 2023 24,000

Offbeat BBQ Events Ltd (Registered number: 13589060)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 September 2023 2,314
Additions 18,216
At 31 August 2024 20,530
DEPRECIATION
At 1 September 2023 465
Charge for year 4,473
At 31 August 2024 4,938
NET BOOK VALUE
At 31 August 2024 15,592
At 31 August 2023 1,849

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
FIVE YEARS
31.8.24 31.8.23
£    £   
Repayable by instalments
Bank loans > 5 years 110 3,814

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2024 and 31 August 2023:

31.8.24 31.8.23
£    £   
D S Southcott
Balance outstanding at start of year - 4,900
Amounts repaid - (4,900 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -