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REGISTERED NUMBER: 13678601 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 October 2024

for

Bear Grills @ Ltd

Bear Grills @ Ltd (Registered number: 13678601)

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










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Bear Grills @ Ltd

Company Information
for the Year Ended 31 October 2024







DIRECTOR: L R O Wilton



REGISTERED OFFICE: HATS Gloucester Ltd
48 Hucclecote Road
Gloucester
GL3 3RS



REGISTERED NUMBER: 13678601 (England and Wales)



ACCOUNTANTS: HATS Gloucester Ltd
48 Hucclecote Road
Gloucester
Gloucestershire
GL3 3RS



BANKERS: Virgin Money (Clydesdale Bank)
Symington House
7 North Avenue
Clydebank Business Park
Clydebank
G81 2NT

Bear Grills @ Ltd (Registered number: 13678601)

Statement of Financial Position
31 October 2024

31/10/24 31/10/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 18,890 5,548

CURRENT ASSETS
Stocks 600 600
Debtors 5 2,244 2,743
Cash at bank and in hand 3,711 3,337
6,555 6,680
CREDITORS
Amounts falling due within one year 6 11,044 9,788
NET CURRENT LIABILITIES (4,489 ) (3,108 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

14,401

2,440

CREDITORS
Amounts falling due after more than one
year

7

(11,032

)

-

PROVISIONS FOR LIABILITIES (3,172 ) -
NET ASSETS 197 2,440

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 97 2,340
SHAREHOLDERS' FUNDS 197 2,440

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

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

Bear Grills @ Ltd (Registered number: 13678601)

Statement of Financial Position - continued
31 October 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 3 March 2025 and were signed by:





L R O Wilton - Director


Bear Grills @ Ltd (Registered number: 13678601)

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


1. STATUTORY INFORMATION

Bear Grills @ 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 25% on reducing balance
Computer equipment - Straight line over 3 years

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 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.

Bear Grills @ Ltd (Registered number: 13678601)

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


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Going concern
Despite net current liabilities of £4,489 at 31 October 2024 (2023 - £3,108), the financial statements have been prepared on a going concern basis. The director has reviewed the future cash flows of the business and has expressed his intention to financially support the company for the foreseeable future, deeming the going concern basis to be appropriate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
Cost
At 1 November 2023 8,724 1,079 9,803
Additions 19,719 266 19,985
At 31 October 2024 28,443 1,345 29,788
Depreciation
At 1 November 2023 3,668 587 4,255
Charge for year 6,194 449 6,643
At 31 October 2024 9,862 1,036 10,898
Net book value
At 31 October 2024 18,581 309 18,890
At 31 October 2023 5,056 492 5,548

Bear Grills @ Ltd (Registered number: 13678601)

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


4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and
machinery
£   
Cost
Additions 18,890
At 31 October 2024 18,890
Depreciation
Charge for year 4,723
At 31 October 2024 4,723
Net book value
At 31 October 2024 14,167

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/10/24 31/10/23
£    £   
Trade debtors 675 2,701
Other debtors 1,569 42
2,244 2,743

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/10/24 31/10/23
£    £   
Hire purchase contracts 3,578 -
Trade creditors 106 80
Taxation and social security 2,759 7,226
Other creditors 4,601 2,482
11,044 9,788

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/10/24 31/10/23
£    £   
Hire purchase contracts 11,032 -

8. RELATED PARTY DISCLOSURES

L R O WIlton
Director

The director's spouse has loaned money to the company during the year. At 31 October 2024, the amount owed was £2,750. The loan, included within other creditors, is interest free and there are no set repayment terms.