Company No: 11865338 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	Dominic Carlos Borel
	Benjamin Michael Harvey
	Josephine Hilary Harvey

REGISTERED OFFICE	Mill Cottage
	Mina Road
	Bristol
	BS2 9YN
	United Kingdom

COMPANY NUMBER

11865338 (England and Wales)

ACCOUNTANT

Corrigan Accountants Limited 1st Floor, 25 King Street, Bristol, England, BS1 4PB

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	84,825		96,781
		84,825		96,781
Current assets
Stocks		15,558		8,464
Debtors	4	114,860		253,455
Cash at bank and in hand		2,199		3,837
		132,617		265,756
Creditors: amounts falling due within one year	5	( 230,727)		( 282,456)
Net current liabilities		(98,110)		(16,700)
Total assets less current liabilities		(13,285)		80,081
Creditors: amounts falling due after more than one year	6	( 73,846)		( 113,774)
Net liabilities		( 87,131)		( 33,693)
Capital and reserves
Called-up share capital	7	100		100
Profit and loss account		( 87,231 )		( 33,793 )
Total shareholders' deficit		( 87,131)		( 33,693)

For the financial year ending 31 January 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Bianchi Cousins Limited (registered number: 11865338) were approved and authorised for issue by the Board of Directors on 30 October 2025. They were signed on its behalf by:

Josephine Hilary Harvey Director

1. Accounting policies

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented.

General information and basis of accounting

The company is a private company limited by share capital, incorporated in England and Wales .
The address of its registered office is:
Mill Cottage
Mina Road
Bristol
BS2 9YN

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

These financial statements have been prepared using the historical cost convention.

The financial statements are prepared in pounds sterling which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Going concern

The financial statements have been prepared on a going concern basis. The directors have considered the forecasted cashflows for the company for the twelve months from the date of approval of these financial statements and have reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.

Turnover

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Taxation

Current tax
The tax expense for the period comprises current 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.

Government grants

Government grants are recognised, using the accrual model, at the fair value of the asset received or receivable when there is reasonable assurance that the company will comply with conditions attaching to them and the grants will be received.

Tangible fixed assets

Tangible fixed assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible fixed assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Leasehold improvements	depreciated over the life of the lease
Tools and equipment	4 years straight line
Office equipment	4 years straight line

Stocks

Stocks are stated at the lower of cost and net realisable value.

Trade and other debtors

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits.

Trade and other creditors

Trade creditors are recognised at the transaction price.

Ordinary share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense.

The cost of any unused holiday entitlement is recognised in the period in which the employees' services are received.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	10		14

3. Tangible assets

	Leasehold improve- ments		Tools and equipment		Office equipment		Total
	£		£		£		£
Cost/Valuation
At 01 February 2024	157,870		40,994		2,499		201,363
Additions	0		6,070		274		6,344
At 31 January 2025	157,870		47,064		2,773		207,707
Accumulated depreciation
At 01 February 2024	66,909		36,684		989		104,582
Charge for the financial year	15,787		1,843		670		18,300
At 31 January 2025	82,696		38,527		1,659		122,882
Net book value
At 31 January 2025	75,174		8,537		1,114		84,825
At 31 January 2024	90,961		4,310		1,510		96,781

4. Debtors

	2025		2024
	£		£
Trade debtors	470		19,354
Amounts owed by related parties	95,527		212,813
Corporation tax	0		5,195
Other debtors	18,863		16,093
	114,860		253,455

5. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans	10,000		10,000
Trade creditors	21,613		28,340
Amounts owed to connected persons	5,000		7,500
Amounts owed to related parties	0		89,125
Other taxation and social security	70,168		80,849
Other creditors	123,946		66,642
	230,727		282,456

6. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Bank loans	16,346		26,274
Other creditors	57,500		87,500
	73,846		113,774

There are no amounts included above in respect of which any security has been given by the small entity.

7. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each	100		100

8. Financial commitments

Other financial commitments

	2025		2024
	£		£
Not later than one year	19,020		19,020
Later than one year and not later than five years	61,815		76,080
Later than five years	0		4,755
	80,835		99,855

Operating leases

The total of future minimum lease payments is as follows:

The amount of non-cancellable operating lease payments recognised as an expense during the year was £19,020 (2024 - £19,020).

9. Related party transactions

Transactions with the entity's directors

	2025		2024
	£		£
Director	(32,819)		(21,899)

Other related party transactions

	2025		2024
	£		£
Loans to related parties	0		286,492
Loans from related parties	0		(75,000)