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REGISTERED NUMBER: 04498490 (England and Wales)







Unaudited Financial Statements for the Year Ended 31 July 2024

for

Bisson Ltd

Bisson Ltd (Registered number: 04498490)






Contents of the Financial Statements
for the Year Ended 31 July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Bisson Ltd

Company Information
for the Year Ended 31 July 2024







DIRECTORS: Mr L M Betty
Mr A G Hughes





REGISTERED OFFICE: Unit A, Rockhaven, Packgate Road
Cabot Park
Avonmouth
Bristol
BS11 0FD





REGISTERED NUMBER: 04498490 (England and Wales)





ACCOUNTANTS: Dunkley's
Woodlands Grange
Woodlands Lane
Bradley Stoke
Bristol
United Kingdom
BS32 4JY

Bisson Ltd (Registered number: 04498490)

Balance Sheet
31 July 2024

31.7.24 31.7.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 23,460 23,541

CURRENT ASSETS
Stocks 32,682 17,911
Debtors 5 2,179,608 886,105
Cash at bank 996,228 968,625
3,208,518 1,872,641
CREDITORS
Amounts falling due within one year 6 923,127 188,291
NET CURRENT ASSETS 2,285,391 1,684,350
TOTAL ASSETS LESS CURRENT LIABILITIES 2,308,851 1,707,891

PROVISIONS FOR LIABILITIES 2,263 1,806
NET ASSETS 2,306,588 1,706,085

CAPITAL AND RESERVES
Called up share capital 8 1,000 1,000
Retained earnings 9 2,305,588 1,705,085
SHAREHOLDERS' FUNDS 2,306,588 1,706,085

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Bisson Ltd (Registered number: 04498490)

Balance Sheet - continued
31 July 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 March 2025 and were signed on its behalf by:




Mr L M Betty - Director



Mr A G Hughes - Director


Bisson Ltd (Registered number: 04498490)

Notes to the Financial Statements
for the Year Ended 31 July 2024

1. STATUTORY INFORMATION

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

2. ACCOUNTING POLICIES

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

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 10% on reducing balance
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 7 ) .

Bisson Ltd (Registered number: 04498490)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and Computer
property machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1 August 2023 21,894 71,286 4,232 26,162 123,574
Additions - 6,795 530 1,410 8,735
Disposals - - - (26,162 ) (26,162 )
At 31 July 2024 21,894 78,081 4,762 1,410 106,147
DEPRECIATION
At 1 August 2023 8,975 66,563 3,061 21,434 100,033
Charge for year 1,292 2,313 405 1,639 5,649
Eliminated on disposal - - - (22,995 ) (22,995 )
At 31 July 2024 10,267 68,876 3,466 78 82,687
NET BOOK VALUE
At 31 July 2024 11,627 9,205 1,296 1,332 23,460
At 31 July 2023 12,919 4,723 1,171 4,728 23,541

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade debtors 1,051,104 514,785
Amounts owed by group undertakings 1,088,645 343,589
Other debtors 2,760 -
VAT 35,804 13,055
Accrued income - 13,738
Prepayments 1,295 938
2,179,608 886,105

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade creditors 294,428 135,056
Amounts owed to group undertakings 408,711 7,313
Tax 210,614 36,833
Social security and other taxes 6,038 6,110
Accrued expenses 3,336 2,979
923,127 188,291

Bisson Ltd (Registered number: 04498490)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.7.24 31.7.23
£    £   
Within one year 11,454 11,930
Between one and five years 4,339 15,793
15,793 27,723

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.24 31.7.23
value: £    £   
500 A Ordinary £1 500 500
500 B Ordinary £1 500 500
1,000 1,000

9. RESERVES
Retained
earnings
£   

At 1 August 2023 1,705,085
Profit for the year 630,503
Dividends (30,000 )
At 31 July 2024 2,305,588

10. OTHER FINANCIAL COMMITMENTS

The assets of Bisson Limited are secured via cross guarantee against the borrowings of Coralarc Limited (10888832) , a company registered in England and Wales.

11. RELATED PARTY DISCLOSURES

At the year end, £33,400 (£33,400) was owed from Mould Master Ltd to Bisson Ltd.

At the year end, £7,313 (2023: £7,313) was owed to Fire Suppression Ltd from Bisson Ltd.

At the year end, £1,054,851 (2023: £211,587) was owed from Coralarc Ltd to Bisson Ltd.

At the year end, £401,398 (2023: -£98,602) was owed to Bisson BV Ltd from Bisson Ltd.

At the year end, £394 (2023: £0) was owed from Bisson International Holdings Ltd to Bisson Ltd.

These loans are interest free, repayable on demand and not secured against any assets.