TBB Events Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 07467677

		2024		2023 as restated
	Notes	£	£	£	£
FIXED ASSETS

CURRENT ASSETS
Debtors	6	31,113		55,500
Cash at bank and in hand		2,261		1,995

		33,374		57,495
Creditors: Amounts Falling Due Within One Year	7	(6,706 )		(20,020 )

NET CURRENT ASSETS (LIABILITIES)			26,668		37,475

TOTAL ASSETS LESS CURRENT LIABILITIES			26,668		37,475

Creditors: Amounts Falling Due After More Than One Year	8		(9,344 )		(11,883 )

NET ASSETS			17,324		25,592

CAPITAL AND RESERVES
Called up share capital	9		1,000		1,000
Profit and Loss Account			16,324		24,592

SHAREHOLDERS' FUNDS			17,324		25,592

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TBB Events Limited

Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr N Lemmens

Director

03/09/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

TBB Events Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07467677 . The registered office is Unit 11 The Links Business Centre, Raynham Road, Bishop's Stortford, Essex, CM23 5NZ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Computer Equipment

33% on cost

2.4. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2023: 2)

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TBB Events Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

4. Prior Period Adjustment

During the year the directors identified that certain expenses incurred in the prior period had been incorrectly recorded as a related party loan balance rather than as expenses in the profit and loss account.

For the year ended 31 December 2023 amounts have been restated to reflect additional expenditure of £14,066 in the profit and loss account, and the reduction in corporation tax liability of £2,672.

The net effect on the profit and loss reserves is a reduction of £11,394.

During the year, a review of the classification of assets identified that a related party loan, previously presented as a debtor falling due within one year, should have been classified as a debtor falling due after more than one year.

A prior period adjustment has been made to reclassify the related party loan of £55,500 from debtors falling due within one year to debtors falling due after more than one year. The comparative figures have been restated accordingly. There has been no effect on the profit and loss reserves.

5. Tangible Assets

	Computer Equipment
	£
Cost
As at 1 January 2024	2,550

As at 31 December 2024	2,550

Depreciation
As at 1 January 2024	2,550

As at 31 December 2024	2,550

Net Book Value
As at 31 December 2024	-

As at 1 January 2024	-

6. Debtors

	2024	2023 as restated
	£	£
Due within one year
Due after more than one year
Other debtors	31,113	55,500

7. Creditors: Amounts Falling Due Within One Year

	2024	2023 as restated
	£	£
Bank loans and overdrafts	2,476	2,000
Other creditors	2,433	10,313
Taxation and social security	1,797	7,707

	6,706	20,020

8. Creditors: Amounts Falling Due After More Than One Year

	2024	2023 as restated
	£	£
Bank loans	9,344	11,883

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TBB Events Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

9. Share Capital

	2024	2023 as restated
	£	£
Allotted, Called up and fully paid	1,000	1,000

10. Related Party Transactions

Included within debtors falling due after more than one year is an amount owing from Foamology Limited, a company for which Mr N Lemmens is a director and shareholder. At the balance sheet date the balance was £31,113 (2023: £55,500), the loan is interest free and repayable on demand.

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