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Company Registration No. 08739091 (England and Wales)
Culture Beat Ltd Unaudited accounts for the year ended 31 October 2024
Culture Beat Ltd Unaudited accounts Contents
Page
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Culture Beat Ltd Company Information for the year ended 31 October 2024
Directors
Branimir Braykov Nina Dimitrova
Company Number
08739091 (England and Wales)
Registered Office
37 CALBOURNE AVENUE HORNCHURCH RM12 5BH ENGLAND
Accountants
Mayflower Accountancy & Tax Limited Unit A, Angel Business Centre 1 Luton Road Toddington Bedfordshire LU5 6DE
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Culture Beat Ltd Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
9,426 
11,782 
Current assets
Debtors
72,199 
70,992 
Cash at bank and in hand
(2,867)
(12,293)
69,332 
58,699 
Creditors: amounts falling due within one year
(61,638)
(58,182)
Net current assets
7,694 
517 
Total assets less current liabilities
17,120 
12,299 
Creditors: amounts falling due after more than one year
(65,741)
(48,333)
Net liabilities
(48,621)
(36,034)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(48,622)
(36,035)
Shareholders' funds
(48,621)
(36,034)
For the year ending 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 24 July 2025 and were signed on its behalf by
Branimir Braykov Director Company Registration No. 08739091
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Culture Beat Ltd Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
Culture Beat Ltd is a private company, limited by shares, registered in England and Wales, registration number 08739091. The registered office is 37 CALBOURNE AVENUE, HORNCHURCH, RM12 5BH, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance
Motor vehicles
20% reducing balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 November 2023
13,141 
30,190 
43,331 
At 31 October 2024
13,141 
30,190 
43,331 
Depreciation
At 1 November 2023
9,274 
22,275 
31,549 
Charge for the year
773 
1,583 
2,356 
At 31 October 2024
10,047 
23,858 
33,905 
Net book value
At 31 October 2024
3,094 
6,332 
9,426 
At 31 October 2023
3,867 
7,915 
11,782 
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Culture Beat Ltd Notes to the Accounts for the year ended 31 October 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
6,448 
6,406 
Trade debtors
53,183 
56,064 
Deferred tax asset
11,363 
8,410 
Other debtors
1,205 
112 
72,199 
70,992 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
29,126 
38,619 
Trade creditors
11,768 
11,975 
Taxes and social security
37,763 
12,293 
Other creditors
1,849 
6,479 
Loans from directors
(18,868)
(11,184)
61,638 
58,182 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
65,741 
48,333 
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Branimir Braykov
Director's Loan
3,545 
21,700 
15,258 
9,987 
Nina Dimitrova
Director's Loan
7,639 
16,500 
15,258 
8,881 
11,184 
38,200 
30,516 
18,868 
On 31 October 2024, the company made two interest-free loans totalling £18,868 (2023 £11,184) to the Directors. The loan is unsecured, interest-free, and repayable on demand.
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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