ISSHO BIRMINGHAM LIMITED


Directors	LOVATT-BROWN, Sam
	MORENO CARRILLO, Gabriel Alejandro


Registered Address	70 Heathwood Road
	Bournemouth
	BH9 2JZ


Registered Number	13963464 (England and Wales)

Balance Sheet as at
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Intangible assets	3		7,000		10,000
Tangible assets	4		105,198		125,061
			112,198		135,061
Current assets
Stocks	5	46,092		72,896
Debtors	6	63,094		73,889
Cash at bank and on hand		4,363		6,447
		113,549		153,232
Creditors amounts falling due within one year	7	(184,500)		(229,134)
Net current assets (liabilities)			(70,951)		(75,902)
Total assets less current liabilities			41,247		59,159
Creditors amounts falling due after one year	8		(47,155)		(67,365)
Net assets			(5,908)		(8,206)
Capital and reserves
Called up share capital			80		80
Profit and loss account			(5,988)		(8,286)
Shareholders' funds			(5,908)		(8,206)

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 6 October 2025, and are signed on its behalf by:

MORENO CARRILLO, Gabriel Alejandro
Director
Registered Company No. 13963464

ISSHO BIRMINGHAM LIMITED

Notes to the Financial Statements
for the year ended 31 March 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 compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Going concern
	After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.

	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.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Intangible assets
	Patents and licences relate to payments made for the right to discharge the operation of the franchise. They are initially measured at cost. After initial recognition, they are measured at cost less any accumulated amortization and any accumulated impairment losses. Intangible assets are are being amortized evenly over their estimated useful life of 5 years.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


	Reducing balance (%)	Straight line (years)
Land and buildings	-	10
Fixtures and fittings	25	-

	Stocks and work in progress
	Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

	Financial instruments
	The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments. Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. Basic financial assets Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. Classification of financial liabilities Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Basic financial liabilities Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Financial instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and
Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's balance sheet when the company becomes
party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at
transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

	Share capital
	Ordinary shares are classified as equity. Incremental costs directly attributable to the issue of new ordinary shares or options are shown in equity as a deduction, net of tax, from the proceeds.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	2		2

3.	Intangible assets

	Other	Total
	£	£
Cost or valuation
At 01 April 24	15,000	15,000
At 31 March 25	15,000	15,000
Amortisation and impairment
At 01 April 24	5,000	5,000
Charge for year	3,000	3,000
At 31 March 25	8,000	8,000
Net book value
At 31 March 25	7,000	7,000
At 31 March 24	10,000	10,000

4.	Tangible fixed assets

	Land & buildings	Fixtures & fittings	Total
	£	£	£
Cost or valuation
At 01 April 24	103,609	56,905	160,514
At 31 March 25	103,609	56,905	160,514
Depreciation and impairment
At 01 April 24	16,555	18,898	35,453
Charge for year	10,361	9,502	19,863
At 31 March 25	26,916	28,400	55,316
Net book value
At 31 March 25	76,693	28,505	105,198
At 31 March 24	87,054	38,007	125,061

5.	Stocks

	2025	2024
	£	£
Finished goods	46,092	72,896
Total	46,092	72,896

6.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	-	2,226
Other debtors	37,845	40,006
Prepayments and accrued income	25,249	31,657
Total	63,094	73,889

7.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	29,312	24,931
Bank borrowings and overdrafts	20,210	20,210
Taxation and social security	2,470	4,530
Other creditors	122,392	162,696
Accrued liabilities and deferred income	10,116	16,767
Total	184,500	229,134

8.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	47,155	67,365
Total	47,155	67,365


	Included within creditors falling due within one year and creditors falling due after more than one year is £67,365 (2024: £87,574) in respect of a HSBC recovery loan scheme. This loan is secured by a fixed and floating charge over present and future assets of the company. The loan is repayable by June 2028.

9.	Other commitments
	LEASING AGREEMENTS: Minimum lease payments under non-cancellable operating leases fall due as follows: Due within one year: £70,000 (2024: £70,000) Due between two and five years: £280,000 (2024: £280,000) More than five years: £99,167 (2024:£169,167)

10.	Related party transactions
	Included in other debtors falling due within one year are due from companies connected to the director Issho Gateshead Ltd £4,000 (2024: Nil). Included in other creditors falling due within one year are due from companies connected to the director Issho Ltd £121,042 (2024: £161,196); GDMP Ltd £1,350 (2024: Nil) During the year, the company paid management recharges for wages amounting to £120,634 (2024: £120,696) to Issho Ltd.

10.

Related party transactions

Included in other debtors falling due within one year are due from companies connected to the director Issho Gateshead Ltd £4,000 (2024: Nil).

Included in other creditors falling due within one year are due from companies connected to the director Issho Ltd £121,042 (2024: £161,196); GDMP Ltd £1,350 (2024: Nil)

During the year, the company paid management recharges for wages amounting to £120,634 (2024: £120,696) to Issho Ltd.