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Registration number: 13023867

Brazilian Emporium Ltd
Unaudited Filleted Financial Statements
for the Year Ended 30 November 2025

Brazilian Emporium Ltd

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 8

Brazilian Emporium Ltd

Company Information

Director | Mr Fabricio Alves Salazar

Registered office | Unit 1a Middlebrook Farm Hoe Lane Nazeing Waltham Abbey England EN9 2RJ

Accountants | Loyal Accountancy Ltd Suite 1.11 Oxford House 49 Oxford Road London N4 3EY

Brazilian Emporium Ltd

(Registration number: 13023867)
Balance Sheet as at 30 November 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 3 | 16,285 | 21,713
Current assets |  |  |
Debtors | 4 | 8,403 | 21,618
Cash at bank and in hand |  | 1,282 | 2,865
|  | 9,685 | 24,483
Creditors: Amounts falling due within one year | 5 | (31,400) | (41,447)
Net current liabilities |  | (21,715) | (16,964)
Total assets less current liabilities |  | (5,430) | 4,749
Creditors: Amounts falling due after more than one year | 5 | (9,611) | (13,021)
Net liabilities |  | (15,041) | (8,272)
Capital and reserves |  |  |
Called up share capital | 6 | 100 | 100
Retained earnings |  | (15,141) | (8,372)
Shareholders' deficit |  | (15,041) | (8,272)

Brazilian Emporium Ltd

(Registration number: 13023867)
Balance Sheet as at 30 November 2025

For the financial year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 29 January 2026

......................................... Mr Fabricio Alves Salazar Director

Brazilian Emporium Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

1 | Accounting policies

Summary of significant accounting policies and key accounting estimates

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, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

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:

Asset class | Depreciation method and rate
Motor Vehicles | 25% reduce balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Brazilian Emporium Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
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

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Brazilian Emporium Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.
Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.
Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

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. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

2 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

Brazilian Emporium Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

3 | Tangible assets

| Motor vehicles £ | Total £
Cost or valuation
At 1 December 2024 | 38,601 | 38,601
At 30 November 2025 | 38,601 | 38,601
Depreciation
At 1 December 2024 | 16,888 | 16,888
Charge for the year | 5,428 | 5,428
At 30 November 2025 | 22,316 | 22,316
Carrying amount
At 30 November 2025 | 16,285 | 16,285
At 30 November 2024 | 21,713 | 21,713

4 | Debtors

Current | 2025 £ | 2024 £
Trade debtors | 8,204 | 21,618
Other debtors | 199 | -
| 8,403 | 21,618

5 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Trade creditors | 124 | 310
Taxation and social security | - | 291
Other creditors | 31,276 | 40,846
| 31,400 | 41,447

Creditors: amounts falling due after more than one year

Brazilian Emporium Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings | 7 | 9,611 | 13,021

6 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary share of £1 each | 100 | 100 | 100 | 100

7 | Loans and borrowings

Non-current loans and borrowings

| 2025 £ | 2024 £
Hire purchase contracts | 9,611 | 13,021