Company Registration No. 10985292 (England and Wales)
Black Bear Burger Ltd
Unaudited accounts
for the year ended 31 December 2024
Black Bear Burger Ltd
Unaudited accounts
Contents
Black Bear Burger Ltd
Company Information
for the year ended 31 December 2024
Directors
Elizabeth Down
Stewart Down
Company Number
10985292 (England and Wales)
Registered Office
Little Bidlake Farm
Bridestowe
Okehampton
EX20 4NS
United Kingdom
Accountants
Belvedere Chartered Accountants
The Old Forge
136 Long Ashton Road
Bristol
BS41 9LS
Black Bear Burger Ltd
Statement of financial position
as at 31 December 2024
Intangible assets
8,139
2,442
Tangible assets
255,640
137,351
Cash at bank and in hand
980,065
497,115
Creditors: amounts falling due within one year
(951,606)
(622,813)
Net current assets
411,154
72,566
Total assets less current liabilities
674,933
212,359
Creditors: amounts falling due after more than one year
(92,534)
(130,057)
Called up share capital
100
100
Profit and loss account
582,299
82,202
Shareholders' funds
582,399
82,302
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 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 30 September 2025 and were signed on its behalf by
Stewart Down
Director
Company Registration No. 10985292
Black Bear Burger Ltd
Notes to the Accounts
for the year ended 31 December 2024
Black Bear Burger Ltd is a private company, limited by shares, registered in England and Wales, registration number 10985292. The registered office is Little Bidlake Farm, Bridestowe, Okehampton, EX20 4NS, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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:
Fixtures & fittings
25% Straight Line
Computer equipment
25% Straight Line
Black Bear Burger Ltd
Notes to the Accounts
for the year ended 31 December 2024
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. .
4
Intangible fixed assets
Other
At 31 December 2024
10,544
5
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2024
336,731
8,138
344,869
Additions
195,130
5,576
200,706
At 31 December 2024
531,861
13,714
545,575
At 1 January 2024
205,376
2,142
207,518
Charge for the year
80,445
1,972
82,417
At 31 December 2024
285,821
4,114
289,935
At 31 December 2024
246,040
9,600
255,640
At 31 December 2023
131,355
5,996
137,351
Amounts falling due within one year
Trade debtors
19,929
15,530
Amounts due from group undertakings etc.
179,118
47,920
Accrued income and prepayments
15,805
29,724
Other debtors
129,208
94,168
Black Bear Burger Ltd
Notes to the Accounts
for the year ended 31 December 2024
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
46,481
55,440
Trade creditors
230,275
207,987
Taxes and social security
168,287
47,122
Other creditors
142,843
45,747
Loans from directors
390
431
Amounts due to Directors are interest free and repayable on demand.
8
Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
10
Transactions with related parties
At the year end there are outstanding loans of £75,518 (2023: £47,321) owing from related party entity 20FT Fried Chicken Limited and £103,600 owing from related party entity Black Bear Burger Westfield Limited.
The loans are included within debtors, they are interest free and repayable on demand.
11
Average number of employees
During the year the average number of employees was 67 (2023: 61).