Brands International Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 10064547

Brands International Ltd

Filleted Unaudited Financial Statements

31 March 2025

Brands International Ltd

Statement of Financial Position

31 March 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	7		913,151	846,798

Current assets

Stocks		44,253	45,478
Debtors	8	19,223	17,491
Cash at bank and in hand		151,232	107,087
		-----------	-----------
		214,708	170,056

Creditors: amounts falling due within one year	9	713,030		745,206
		-----------		-----------
Net current liabilities			498,322	575,150
			-----------	-----------
Total assets less current liabilities			414,829	271,648

Creditors: amounts falling due after more than one year	10		167,636	11,401

Provisions

Taxation including deferred tax	48,923	37,704
	-----------	-----------
Net assets	198,270	222,543
	-----------	-----------

Brands International Ltd

Statement of Financial Position (continued)

31 March 2025

	2025		2024
Note	£	£	£

Capital and reserves

Called up share capital	12	100	100
Profit and loss account		198,170	222,443
		-----------	-----------
Shareholders funds		198,270	222,543
		-----------	-----------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31st March 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 year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 19 December 2025 , and are signed on behalf of the board by:

Mr Manvir Singh Mondair

Director

Company registration number: 10064547

Brands International Ltd

Notes to the Financial Statements

Year Ended 31st March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 156 Quinton Road, Harborne, Birmingham, B17 0RP, Birmingham.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The directors expect the company will improve its trading results in the future and therefore has prepared the accounts as a going concern basis.

Disclosure exemptions

(a) No cash flow statement has been presented for the company. (b) Disclosures in respect of financial instruments have not been presented. (c) No disclosure has been given for the aggregate remuneration of key management personnel.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. 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.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Freehold Property	-	2% Straight line (excluding land)
Fixtures and fittings	-	15% reducing balance
Motor Vehicles	-	25% reducing balance

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 34 (2024: 34 ).

5. Tax on profit

Major components of tax expense

	2025	2024
	£	£

Current tax:

UK current tax expense	19,228	4,956

Deferred tax:

Origination and reversal of timing differences	11,219	10,076
	----------	----------
Tax on profit	30,447	15,032
	----------	----------

Reconciliation of tax expense

The tax assessed on the profit on ordinary activities for the year is higher than (2024: lower than) the standard rate of corporation tax in the UK of 25 % (2024: 25 %).

	2025	2024
	£	£
Profit on ordinary activities before taxation	63,174	61,088
	----------	----------
Profit on ordinary activities by rate of tax	15,793	15,272
Effect of capital allowances and depreciation	3,435	( 9,712)
Deferred Tax Movement	11,219	10,076
Marginal Relief	–	( 604)
	----------	----------
Tax on profit	30,447	15,032
	----------	----------

6. Dividends

	2025	2024
	£	£
Dividends paid during the year (excluding those for which a liability existed at the end of the prior year )	57,000	57,000
	----------	----------

7. Tangible assets

	Freehold property	Fixtures and fittings	Motor vehicles	Total
	£	£	£	£
Cost
At 1st April 2024	709,169	309,141	20,145	1,038,455
Additions	80,092	32,896	–	112,988
	-----------	-----------	----------	---------------
At 31st March 2025	789,261	342,037	20,145	1,151,443
	-----------	-----------	----------	---------------
Depreciation
At 1st April 2024	60,813	120,142	10,702	191,657
Charge for the year	10,989	33,285	2,361	46,635
	-----------	-----------	----------	---------------
At 31st March 2025	71,802	153,427	13,063	238,292
	-----------	-----------	----------	---------------
Carrying amount
At 31st March 2025	717,459	188,610	7,082	913,151
	-----------	-----------	----------	---------------
At 31st March 2024	648,356	188,999	9,443	846,798
	-----------	-----------	----------	---------------

8. Debtors

	2025	2024
	£	£
Trade debtors	19,223	17,491
	----------	----------

9. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	17,926	10,266
Trade creditors	24,947	25,773
Corporation tax	19,228	4,956
Social security and other taxes	71,492	76,434
Director's loan account	13,222	28,222
Accruals	3,950	7,000
Other creditors	562,265	592,555
	-----------	-----------
	713,030	745,206
	-----------	-----------

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

	2025	2024
	£	£
Bank loans and overdrafts	167,636	11,401
	-----------	----------

11. Deferred tax

The deferred tax included in the statement of financial position is as follows:

	2025	2024
	£	£
Included in provisions	48,923	37,704
	----------	----------

The deferred tax account consists of the tax effect of timing differences in respect of:

	2025	2024
	£	£
Accelerated capital allowances	48,923	37,704
	----------	----------

12. Called up share capital

Authorised share capital

	2025		2024
	No.	£	No.	£
Ordinary shares of £ 1 each	100	100	100	100
	-----	-----	-----	-----

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary shares of £ 1 each	100	100	100	100
	-----	-----	-----	-----

13. Directors' advances, credits and guarantees

The directors loan account was not overdrawn during current and last year.

14. Related party transactions

Controlling party transactions The company was under the control of the directors together with members of their close family. Other At the year end there was a balance with a related company within in other creditors of £512,417, (2024 - £542,417). Dividends Dividends of £57,000 (2024 - £57,000) were all paid to Directors of the company.