THE BIG SQUEEZE BISTRO LTD


Directors	KAYE, Craig
	KAYE, Helen June


Registered Address	Sycamore Lodge
	Steps Lane
	Sowerby Bridge
	HX6 2JH


Registered Number	14459940 (England and Wales)

Notes to the Financial Statements
for the year ended 30 November 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Going concern
	At 30 November 2025 the company had net liabilities of £130,996 and net current liabilities of £183,327. The company has incurred a loss in each accounting period since incorporation. Creditors due within one year include £39,682 of value added tax under-declared in earlier periods together with interest thereon, which has been disclosed to HM Revenue & Customs and remains unpaid. A further £13,198 of value added tax and interest relating to periods after the reporting date will fall due in the year ending 30 November 2026, taking the total disclosed to approximately £52,900. HM Revenue & Customs has not yet confirmed the amount payable. The directors have resolved to settle the amount confirmed in full, and do not intend to seek an installment arrangement. The company does not currently hold sufficient funds to make that payment from its own resources. The company is dependent on the continuing financial support of its directors, who at 30 November 2025 were owed £130,281 by the company. The directors have confirmed that they do not intend to seek repayment of those balances, and that they will provide such additional funds as are necessary to enable the company to meet its liabilities as they fall due, including the amount payable to HM Revenue & Customs, for a period of at least twelve months from the date of approval of these financial statements. The directors have forecast, with the benefit of that support, the company will be able to meet its liabilities as they fall due. That support is not legally enforceable by the company and the amount finally payable to HM Revenue & Customs remains subject to confirmation. These circumstances constitute a material uncertainty that may cast significant doubt on the company’s ability to continue as a going concern. The financial statements have nevertheless been prepared on the going concern basis and do not include any adjustments that would result if that basis were not appropriate.

Going concern

At 30 November 2025 the company had net liabilities of £130,996 and net current liabilities of £183,327. The company has incurred a loss in each accounting period since incorporation. Creditors due within one year include £39,682 of value added tax under-declared in earlier periods together with interest thereon, which has been disclosed to HM Revenue & Customs and remains unpaid. A further £13,198 of value added tax and interest relating to periods after the reporting date will fall due in the year ending 30 November 2026, taking the total disclosed to approximately £52,900.

HM Revenue & Customs has not yet confirmed the amount payable. The directors have resolved to settle the amount confirmed in full, and do not intend to seek an installment arrangement. The company does not currently hold sufficient funds to make that payment from its own resources.

The company is dependent on the continuing financial support of its directors, who at 30 November 2025 were owed £130,281 by the company. The directors have confirmed that they do not intend to seek repayment of those balances, and that they will provide such additional funds as are necessary to enable the company to meet its liabilities as they fall due, including the amount payable to HM Revenue & Customs, for a period of at least twelve months from the date of approval of these financial statements. The directors have forecast, with the benefit of that support, the company will be able to meet its liabilities as they fall due.

That support is not legally enforceable by the company and the amount finally payable to HM Revenue & Customs remains subject to confirmation. These circumstances constitute a material uncertainty that may cast significant doubt on the company’s ability to continue as a going concern. The financial statements have nevertheless been prepared on the going concern basis and do not include any adjustments that would result if that basis were not appropriate.

	Turnover policy
	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.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Reducing balance (%)
	Plant and machinery	25
	Office Equipment	33

2.	Average number of employees


		2025		2024
	Average number of employees during the year	10		10

3.	Prior period adjustment
	During the year the directors identified that output value added tax had been under-declared from 1 April 2023 because the electronic point of sale system had not been programmed with the correct value added tax rate categories, and that payments made in cash out of till takings, principally milk purchases and casual wages, had not been recorded in the accounting records. The errors are material and have been corrected retrospectively in accordance with Section 10 of Financial Reporting Standard 102. The comparative figures for the year ended 30 November 2024 have been restated and are not comparable with those previously reported. The effect on that year is to reduce turnover by £12,258, increase cost of sales by £4,678, increase administrative expenses by £4,465, increase creditors falling due within one year by £15,402, reduce cash at bank and in hand by £9,409 and increase the reported loss from £24,611 to £46,013. The balance of the profit and loss account brought forward at 1 December 2023 has been reduced by £3,409, from £45,831 to £49,240, being the amount of the errors attributable to the year ended 30 November 2023, and reserves at 30 November 2024 have been reduced from £70,442 to £92,254. Of the total reduction in equity of £24,811, £11,930 represents value added tax under-declared, £175 represents interest and £12,707 represents expenditure paid in cash and previously omitted. Of the reduction in cash at bank and in hand, £3,297 arises from the reclassification of an overdrawn bank current account to creditors and is not a correction of an error. There is no corporation tax effect because the company has trading losses in every period since incorporation, and no dividends have been paid in the current or any prior period.

Prior period adjustment

During the year the directors identified that output value added tax had been under-declared from 1 April 2023 because the electronic point of sale system had not been programmed with the correct value added tax rate categories, and that payments made in cash out of till takings, principally milk purchases and casual wages, had not been recorded in the accounting records.

The errors are material and have been corrected retrospectively in accordance with Section 10 of Financial Reporting Standard 102. The comparative figures for the year ended 30 November 2024 have been restated and are not comparable with those previously reported. The effect on that year is to reduce turnover by £12,258, increase cost of sales by £4,678, increase administrative expenses by £4,465, increase creditors falling due within one year by £15,402, reduce cash at bank and in hand by £9,409 and increase the reported loss from £24,611 to £46,013. The balance of the profit and loss account brought forward at 1 December 2023 has been reduced by £3,409, from £45,831 to £49,240, being the amount of the errors attributable to the year ended 30 November 2023, and reserves at 30 November 2024 have been reduced from £70,442 to £92,254.

Of the total reduction in equity of £24,811, £11,930 represents value added tax under-declared, £175 represents interest and £12,707 represents expenditure paid in cash and previously omitted. Of the reduction in cash at bank and in hand, £3,297 arises from the reclassification of an overdrawn bank current account to creditors and is not a correction of an error. There is no corporation tax effect because the company has trading losses in every period since incorporation, and no dividends have been paid in the current or any prior period.

4.	Intangible assets
	Goodwill is stated at cost less accumulated amortisation and accumulated impairment losses. It is amortised on a straight line basis over its estimated useful life of ten years, being the period over which the directors expect the acquired business to contribute economic benefits. Amortisation is charged to administrative expenses.

	Goodwill	Total
	£	£
Cost or valuation
At 01 December 24	45,000	45,000
At 30 November 25	45,000	45,000
Amortisation and impairment
At 01 December 24	9,000	9,000
Charge for year	4,500	4,500
At 30 November 25	13,500	13,500
Net book value
At 30 November 25	31,500	31,500
At 30 November 24	36,000	36,000

5.	Tangible fixed assets

	Plant & machinery	Total
	£	£
Cost or valuation
At 01 December 24	47,398	47,398
Additions	1,026	1,026
At 30 November 25	48,424	48,424
Depreciation and impairment
At 01 December 24	20,897	20,897
Charge for year	6,697	6,697
At 30 November 25	27,594	27,594
Net book value
At 30 November 25	20,830	20,830
At 30 November 24	26,501	26,501


	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset.

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset.

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	7,416	3,948
Bank borrowings and overdrafts	7,718	3,297
Taxation and social security	46,793	23,971
Other creditors	135,252	132,904
Accrued liabilities and deferred income	1,783	2,151
Total	198,962	166,271


	No amounts included in creditors fall due for payment more than five years after the reporting date. No security has been given by the company in respect of any amount included in creditors.

7.	Contingent liabilities
	The company has made a voluntary disclosure to HM Revenue & Customs of value added tax under-declared in the periods from 1 April 2023 to 31 March 2026. The value added tax itself, together with interest on the amounts underpaid, has been provided in full. HM Revenue & Customs has the power to charge a penalty under Schedule 24 to the Finance Act 2007 in respect of an inaccuracy in a return. The disclosure was made before any contact from HM Revenue & Customs and the directors have co-operated fully, and on that basis the maximum penalty of 30 per cent of the value added tax under-declared may be reduced to nil. No response has been received from HM Revenue & Customs at the date these financial statements were approved. The directors consider that an outflow in respect of a penalty is possible but not probable and accordingly no provision has been made. Were a penalty to be charged at the maximum rate, the amount payable would be approximately £14,600.

Contingent liabilities

The company has made a voluntary disclosure to HM Revenue & Customs of value added tax under-declared in the periods from 1 April 2023 to 31 March 2026. The value added tax itself, together with interest on the amounts underpaid, has been provided in full. HM Revenue & Customs has the power to charge a penalty under Schedule 24 to the Finance Act 2007 in respect of an inaccuracy in a return. The disclosure was made before any contact from HM Revenue & Customs and the directors have co-operated fully, and on that basis the maximum penalty of 30 per cent of the value added tax under-declared may be reduced to nil. No response has been received from HM Revenue & Customs at the date these financial statements were approved. The directors consider that an outflow in respect of a penalty is possible but not probable and accordingly no provision has been made. Were a penalty to be charged at the maximum rate, the amount payable would be approximately £14,600.

	Notes	2025		2024
		£	£	£	£
ASSETS
Fixed assets
Intangible assets	4		31,500		36,000
Tangible assets	5		20,830		26,501
			52,330		62,501
Current assets
Debtors		1,917		1,541
Cash at bank and in hand		5,469		3,131
		7,386		4,672
			7,386		4,672
			59,716		67,173
CAPITAL, RESERVES AND LIABILITIES
Capital and reserves
Called up share capital			10		10
Profit and loss account			(139,256)		(99,108)
			(139,246)		(99,098)
Liabilities
Creditors amounts falling due within one year	6		198,962		166,271
			59,716		67,173