Company No:
Contents
| DIRECTORS | D C Borel |
| B M Harvey | |
| J H Harvey |
| REGISTERED OFFICE | Mill Cottage |
| Mina Road | |
| Bristol | |
| BS2 9YN | |
| United Kingdom |
| COMPANY NUMBER | 14804558 (England and Wales) |
| ACCOUNTANT | Corrigan Accountants Limited |
| 1st Floor | |
| 25 King Street | |
| Bristol | |
| BS1 4PB |
| Note | 2025 | 2024 | ||
| £ | £ | |||
| Fixed assets | ||||
| Tangible assets | 3 |
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| 331,277 | 253,225 | |||
| Current assets | ||||
| Stocks |
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| Debtors | 4 |
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| Cash at bank and in hand |
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| 56,427 | 46,357 | |||
| Creditors: amounts falling due within one year | 5 | (
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| Net current liabilities | (265,533) | (218,274) | ||
| Total assets less current liabilities | 65,744 | 34,951 | ||
| Net assets |
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| Capital and reserves | ||||
| Called-up share capital | 6 |
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| Profit and loss account |
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| Total shareholders' funds |
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Directors' responsibilities:
The financial statements of Pazzo Bristol Limited (registered number:
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J H Harvey
Director |
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.
Pazzo Bristol Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Mill Cottage, Mina Road, Bristol, BS2 9YN, United Kingdom.
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 £.
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.
The prior year financial statements had been prepared for the shortened period from incorporation to the first accounting reference date, being 31 January 2024.
The cost of tangible 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 |
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| Plant and machinery |
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| Vehicles |
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| Fixtures and fittings |
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Cash and cash equivalents comprise cash on hand and call deposits.
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.
Trade creditors are recognised at the transaction price.
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.
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.
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.
| 2025 | 2024 | ||
| Number | Number | ||
| Monthly average number of persons employed by the Company during the year, including directors |
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| Leasehold improve- ments |
Plant and machinery | Vehicles | Fixtures and fittings | Total | |||||
| £ | £ | £ | £ | £ | |||||
| Cost | |||||||||
| At 01 February 2024 |
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| Additions |
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| At 31 January 2025 |
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| Accumulated depreciation | |||||||||
| At 01 February 2024 |
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| Charge for the financial year |
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| At 31 January 2025 |
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| Net book value | |||||||||
| At 31 January 2025 | 228,747 | 16,511 | 11,665 | 74,354 | 331,277 | ||||
| At 31 January 2024 | 237,813 | 11,053 | 0 | 4,359 | 253,225 |
| 2025 | 2024 | ||
| £ | £ | ||
| Trade debtors |
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| Prepayments |
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| Other debtors |
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| 2025 | 2024 | ||
| £ | £ | ||
| Trade creditors |
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| Amounts owed to related parties |
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| Amounts owed to directors |
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| Accruals |
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| Other taxation and social security |
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| Other creditors |
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| 2025 | 2024 | ||
| £ | £ | ||
| Allotted, called-up and fully-paid | |||
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Other related party transactions
| 2025 | 2024 | ||
| £ | £ | ||
| At start of period | 192,158 | 0 | |
| Advanced | 291,836 | 192,158 | |
| Repaid | 221,223 | 0 | |
| At end of period | 262,771 | 192,158 |