Registered number
05333377
Very Big Rib's Ltd
Report and Accounts
31 January 2026
Very Big Rib's Ltd
Registered number: 05333377
Directors' Report
The directors present their report and accounts for the year ended 31 January 2026.
Principal activities
The company's principal activity during the year continued to be marine consultancy.
Directors
The following persons served as directors during the year:
Mr A B Brunton
Mrs V J Rogers
Small company provisions
This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
This report was approved by the board on 8 July 2026 and signed on its behalf.
Mr A B Brunton
Director
Very Big Rib's Ltd
Report to the directors on the preparation of the unaudited statutory accounts of Very Big Rib's Ltd for the year ended 31 January 2026
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Very Big Rib's Ltd for the year ended 31 January 2026 which comprise of the Profit and Loss Account, the Balance Sheet, the Statement of Changes in Equity and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://rulebook.accaglobal.com/
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163.
AccountArt Buisness Services Ltd
Chartered Certified Accountants
5 St Thomas Avenue
Hayling Island
Hampshire
PO11 0ET
8 July 2026
Very Big Rib's Ltd
Profit and Loss Account
for the year ended 31 January 2026
2026 2025
£ £
Turnover28,81830,117
Cost of sales(1,682)(3,457)
Gross profit27,13626,660
Administrative expenses(12,287)(16,058)
Operating profit14,84910,602
Interest payable(984)(820)
Profit before taxation13,8659,782
Tax on profit- -
Profit for the financial year13,8659,782
Very Big Rib's Ltd
Registered number:05333377
Balance Sheet
as at 31 January 2026
Notes2026 2025
£ £
Fixed assets
Tangible assets346,44346,424
Current assets
Debtors412,5076,181
Cash at bank and in hand29,20227,730
41,70933,911
Creditors: amounts falling due within one year5(20,423)(26,471)
Net current assets21,2867,440
Net assets67,72953,864
Capital and reserves
Called up share capital11
Profit and loss account67,72853,863
Shareholders' funds67,72953,864
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr A B Brunton
Director
Approved by the board on 8 July 2026
Very Big Rib's Ltd
Statement of Changes in Equity
for the year ended 31 January 2026
ShareShareRe-ProfitTotal
capitalpremiumvaluationand loss
reserveaccount
£ £ £ £ £
At 1 February 20241- - 44,08144,082
Profit for the financial year9,782 9,782
At 31 January 20251 - - 53,863 53,864
At 1 February 20251- - 53,86353,864
Profit for the financial year13,86513,865
At 31 January 20261- - 67,72867,729
Very Big Rib's Ltd
Notes to the Accounts
for the year ended 31 January 2026
1Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildingsover 50 years
Leasehold land and buildingsover the lease term
Plant and machineryover 5 years
Fixtures, fittings, tools and equipmentover 5 years
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Leased assets
A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2Employees2026 2025
NumberNumber
Average number of persons employed by the company11
3Tangible fixed assets
Plant and machinery etcMotor vehiclesTotal
£ £ £
Cost
At 1 February 202530,01443,91773,931
Additions19- 19
At 31 January 202630,03343,91773,950
Depreciation
At 1 February 202527,507- 27,507
At 31 January 202627,507- 27,507
Net book value
At 31 January 20262,52643,91746,443
At 31 January 20252,50743,91746,424
4Debtors2026 2025
£ £
Trade debtors10,5864,260
Other debtors1,9211,921
12,5076,181
5Creditors: amounts falling due within one year2026 2025
£ £
Bank loans and overdrafts8,1258,125
Trade creditors(10,221)(10,221)
Taxation and social security costs17,59423,953
Other creditors4,9254,614
20,42326,471
6Other information
Very Big Rib's Ltd is a private company limited by shares and incorporated in England. Its registered office is:
13 Effingham Gardens
Southampton
Hampshire
PO19 8GF
Very Big Rib's Ltd
Detailed profit and loss account
for the year ended 31 January 2026
This schedule does not form part of the statutory accounts
2026 2025
£ £
Sales28,81830,117
Cost of sales(1,682)(3,457)
Gross profit27,13626,660
Administrative expenses(12,287)(16,058)
Operating profit14,84910,602
Interest payable(984)(820)
Profit before tax13,8659,782
Very Big Rib's Ltd
Detailed profit and loss account
for the year ended 31 January 2026
This schedule does not form part of the statutory accounts
2026 2025
£ £
Sales
Sales
28,818
30,117
Cost of sales
Purchases
1,682
3,457
Administrative expenses
Employee costs:
Pensions
4,400
8,400
Travel and subsistence
1,516
2,919
Motor expenses
4,930
2,724
10,846 14,043
Premises costs:
Use of home
312
312
312 312
General administrative expenses:
Telephone and internet
601
1,454
601 1,454
Legal and professional costs:
Advertising and PR-
249
Other legal and professional
528
-
528 249
12,287 16,058
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