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REGISTERED NUMBER: 10201224 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024

FOR

EDDIE (THE BEAST) HALL LTD

EDDIE (THE BEAST) HALL LTD (REGISTERED NUMBER: 10201224)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024










Page

Company Information 1

Statement of Financial Position 2 to 3

Notes to the Financial Statements 4 to 10


EDDIE (THE BEAST) HALL LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







DIRECTORS: E S Hall
A S Hall
A A Hall



REGISTERED OFFICE: c/o DPC Accountants
Stone House
55 Stone Road Business Park
Stoke on Trent
Staffordshire
ST4 6SR



BUSINESS ADDRESS: 102 Queens Road
Cheadle Hulme
Cheadle
Stockport
Greater Manchester
SK8 5HS



REGISTERED NUMBER: 10201224 (England and Wales)



ACCOUNTANTS: DPC Accountants Ltd
Stone House
Stone Road Business Park
Stoke-On-Trent
ST4 6SR



BANKERS: Barclays Bank Plc
20 Barclay Street
Stoke on Trent
ST3 1AP

EDDIE (THE BEAST) HALL LTD (REGISTERED NUMBER: 10201224)

STATEMENT OF FINANCIAL POSITION
31 MAY 2024

31.5.24 31.5.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 217,140 200,408
Investments 5 5,000 5,000
222,140 205,408

CURRENT ASSETS
Debtors 6 138,397 247,919
Cash at bank and in hand 701,129 1,141,557
839,526 1,389,476
CREDITORS
Amounts falling due within one year 7 (149,074 ) (730,201 )
NET CURRENT ASSETS 690,452 659,275
TOTAL ASSETS LESS CURRENT
LIABILITIES

912,592

864,683

PROVISIONS FOR LIABILITIES (50,593 ) (35,967 )
NET ASSETS 861,999 828,716

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 861,799 828,516
861,999 828,716

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 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.

EDDIE (THE BEAST) HALL LTD (REGISTERED NUMBER: 10201224)

STATEMENT OF FINANCIAL POSITION - continued
31 MAY 2024


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 19 February 2025 and were signed on its behalf by:





A S Hall - Director


EDDIE (THE BEAST) HALL LTD (REGISTERED NUMBER: 10201224)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024


1. STATUTORY INFORMATION

EDDIE (THE BEAST) HALL 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.

The principal activity of the company during the year was that of promotional events and the supply of salon services.

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.

The financial statements are prepared in sterling, which is the functional currency of the entity.

SIGNIFICANT JUDGEMENTS AND ESTIMATES
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Key sources of estimation uncertainty

Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. The key assumptions and other sources of estimation uncertainty that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are as follows:

As described in the accounting policies of the financial statements, depreciation of tangible fixed assets has been based on estimated useful fives and residual values deemed appropriate by the directors. Estimated useful lives and residual values are reviewed annually and revised as appropriate. Revisions take in to account actual asset lives and residual values as evidenced by disposals during current and prior accounting periods.

REVENUE RECOGNITION
Turnover represents income receivable for promotional event services and supply of salon services and is shown net of any Value Added Tax.

EDDIE (THE BEAST) HALL LTD (REGISTERED NUMBER: 10201224)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024


2. ACCOUNTING POLICIES - continued

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - 20% on cost
Plant and machinery - 20% reducing balance
Equipment - 25% on cost
Motor vehicles - 25% reducing balance
Website development - 33% on cost

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

INVESTMENTS IN SUBSIDIARIES
Investments in subsidiary undertakings are recognised at cost.

EDDIE (THE BEAST) HALL LTD (REGISTERED NUMBER: 10201224)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024


2. ACCOUNTING POLICIES - continued

FINANCIAL INSTRUMENTS
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.

Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

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 statement of financial position date.

DEFERRED TAX
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

EDDIE (THE BEAST) HALL LTD (REGISTERED NUMBER: 10201224)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024


2. ACCOUNTING POLICIES - continued

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

CONSOLIDATION
The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 7 ) .

4. TANGIBLE FIXED ASSETS
Short Plant and
leasehold machinery Equipment
£    £    £   
COST
At 1 June 2023 17,549 27,166 328,666
Additions - - 120,084
Disposals - - -
At 31 May 2024 17,549 27,166 448,750
DEPRECIATION
At 1 June 2023 17,549 17,981 236,019
Charge for year - 1,837 72,969
Eliminated on disposal - - -
At 31 May 2024 17,549 19,818 308,988
NET BOOK VALUE
At 31 May 2024 - 7,348 139,762
At 31 May 2023 - 9,185 92,647

EDDIE (THE BEAST) HALL LTD (REGISTERED NUMBER: 10201224)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024


4. TANGIBLE FIXED ASSETS - continued

Motor Website
vehicles development Totals
£    £    £   
COST
At 1 June 2023 156,536 20,882 550,799
Additions - - 120,084
Disposals (2,495 ) - (2,495 )
At 31 May 2024 154,041 20,882 668,388
DEPRECIATION
At 1 June 2023 67,811 11,031 350,391
Charge for year 21,714 4,961 101,481
Eliminated on disposal (624 ) - (624 )
At 31 May 2024 88,901 15,992 451,248
NET BOOK VALUE
At 31 May 2024 65,140 4,890 217,140
At 31 May 2023 88,725 9,851 200,408

5. FIXED ASSET INVESTMENTS
Shares in
group Other
undertakings investments Totals
£    £    £   
COST
At 1 June 2023
and 31 May 2024 100 4,900 5,000
NET BOOK VALUE
At 31 May 2024 100 4,900 5,000
At 31 May 2023 100 4,900 5,000

The company owns 100% of the issued Ordinary share capital of the company listed below.

When Eddie Met Arnie Limited is incorporated in England and Wales. The registered office is 102 Queens Road, Cheadle Hulme, Cheadle, SK8 5HS. Its principal activity is that of film production activities.

EDDIE (THE BEAST) HALL LTD (REGISTERED NUMBER: 10201224)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024


6. DEBTORS
31.5.24 31.5.23
£    £   
Amounts falling due within one year:
Trade debtors 100,474 140,295
Amounts owed by group undertakings - 3,557
Other debtors 15,319 17,020
Directors' loan accounts - 5,916
VAT 10,300 -
Prepayments and accrued income 12,304 40,731
138,397 207,519

Amounts falling due after more than one year:
Other debtors - 40,400

Aggregate amounts 138,397 247,919

Amounts owed by group and connected companies are unsecured, interest free and are repayable on demand.

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade creditors 105,621 18,846
Amounts owed to group undertakings - 465,000
Tax 30,831 214,774
Social security and other taxes 8,266 1,933
VAT - 7,274
Other creditors 932 479
Directors' loan accounts 624 -
Accruals and deferred income 2,800 21,895
149,074 730,201

Amounts owed to group undertakings are unsecured, interest free and are repayable on demand.

8. GUARANTEES AND OTHER FINANCIAL COMMITMENTS

The company had total guarantees and commitments at the balance sheet date of £Nil (2023: £9,000).

EDDIE (THE BEAST) HALL LTD (REGISTERED NUMBER: 10201224)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024


9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

31.5.24 31.5.23
£    £   
E S Hall
Balance outstanding at start of year 5,916 526
Amounts advanced 115 56,228
Amounts repaid (6,655 ) (50,838 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (624 ) 5,916

10. EVENTS AFTER THE END OF THE REPORTING PERIOD

There were no significant events up to the date of approval of the financial statements by the Board.

11. PARENT COMPANY

The company is a wholly owned subsidiary of Beast HQ Limited, a company incorporated in England and Wales.