Brissco (Equipment) Limited 00455916 false 2025-01-01 2025-12-31 2025-12-31 The principal activity of the company is Production and supply of plastic products Digita Accounts Production Advanced 6.30.9574.0 true true 00455916 2025-01-01 2025-12-31 00455916 2025-12-31 00455916 core:CapitalRedemptionReserve 2025-12-31 00455916 core:RetainedEarningsAccumulatedLosses 2025-12-31 00455916 core:ShareCapital 2025-12-31 00455916 core:SharePremium 2025-12-31 00455916 core:CurrentFinancialInstruments 2025-12-31 00455916 core:CurrentFinancialInstruments core:WithinOneYear 2025-12-31 00455916 core:Non-currentFinancialInstruments core:AfterOneYear 2025-12-31 00455916 core:BetweenTwoFiveYears 2025-12-31 00455916 core:WithinOneYear 2025-12-31 00455916 core:LandBuildings core:OwnedOrFreeholdAssets 2025-12-31 00455916 core:MotorVehicles 2025-12-31 00455916 core:PlantMachinery 2025-12-31 00455916 bus:SmallEntities 2025-01-01 2025-12-31 00455916 bus:AuditExemptWithAccountantsReport 2025-01-01 2025-12-31 00455916 bus:FullAccounts 2025-01-01 2025-12-31 00455916 bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 00455916 bus:RegisteredOffice 2025-01-01 2025-12-31 00455916 bus:Director1 2025-01-01 2025-12-31 00455916 bus:Director2 2025-01-01 2025-12-31 00455916 bus:Director3 2025-01-01 2025-12-31 00455916 bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 00455916 bus:Agent1 2025-01-01 2025-12-31 00455916 core:CapitalRedemptionReserve 2025-01-01 2025-12-31 00455916 core:RetainedEarningsAccumulatedLosses 2025-01-01 2025-12-31 00455916 core:ShareCapital 2025-01-01 2025-12-31 00455916 core:SharePremium 2025-01-01 2025-12-31 00455916 core:LandBuildings 2025-01-01 2025-12-31 00455916 core:LandBuildings core:OwnedOrFreeholdAssets 2025-01-01 2025-12-31 00455916 core:MotorVehicles 2025-01-01 2025-12-31 00455916 core:PlantMachinery 2025-01-01 2025-12-31 00455916 core:Vehicles 2025-01-01 2025-12-31 00455916 core:UKTax 2025-01-01 2025-12-31 00455916 countries:EnglandWales 2025-01-01 2025-12-31 00455916 2024-12-31 00455916 core:CapitalRedemptionReserve 2024-12-31 00455916 core:RetainedEarningsAccumulatedLosses 2024-12-31 00455916 core:ShareCapital 2024-12-31 00455916 core:SharePremium 2024-12-31 00455916 core:LandBuildings core:OwnedOrFreeholdAssets 2024-12-31 00455916 core:MotorVehicles 2024-12-31 00455916 core:PlantMachinery 2024-12-31 00455916 2024-01-01 2024-12-31 00455916 2024-12-31 00455916 core:CurrentFinancialInstruments 2024-12-31 00455916 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 00455916 core:Non-currentFinancialInstruments core:AfterOneYear 2024-12-31 00455916 core:BetweenTwoFiveYears 2024-12-31 00455916 core:WithinOneYear 2024-12-31 00455916 core:LandBuildings core:OwnedOrFreeholdAssets 2024-12-31 00455916 core:MotorVehicles 2024-12-31 00455916 core:PlantMachinery 2024-12-31 00455916 core:CapitalRedemptionReserve 2024-01-01 2024-12-31 00455916 core:RetainedEarningsAccumulatedLosses 2024-01-01 2024-12-31 00455916 core:ShareCapital 2024-01-01 2024-12-31 00455916 core:SharePremium 2024-01-01 2024-12-31 00455916 core:UKTax 2024-01-01 2024-12-31 00455916 2023-12-31 00455916 core:CapitalRedemptionReserve 2023-12-31 00455916 core:RetainedEarningsAccumulatedLosses 2023-12-31 00455916 core:ShareCapital 2023-12-31 00455916 core:SharePremium 2023-12-31 iso4217:GBP xbrli:pure

Registration number: 00455916

Brissco (Equipment) Limited
Annual Report and Unaudited Financial Statements
for the Year Ended 31 December 2025

Brissco (Equipment) Limited

Contents

Company Information | 1
Directors' Report | 2
Profit and Loss Account | 3
Balance Sheet | 4 to 5
Statement of Changes in Equity | 6
Notes to the Unaudited Financial Statements | 7 to 13
Accountants' Report | 14

Brissco (Equipment) Limited

Company Information

Directors | Mandy Freake Kevin Mark Bartlett Christopher Nicholas Holmes

Registered office | Block 9, 25 Cater Road Bishopsworth Bristol BS13 7TX

Accountants | Stone & Co Chartered Accountants 2 Charnwood House Marsh Road Ashton Bristol BS3 2NA

Brissco (Equipment) Limited

Directors' Report for the Year Ended 31 December 2025

The directors present their report and the financial statements for the year ended 31 December 2025.

Directors of the company

The directors who held office during the year were as follows:

Mandy Freake

Kevin Mark Bartlett

Christopher Nicholas Holmes

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved by the Board on 21 April 2026 and signed on its behalf by:

.........................................
Christopher Nicholas Holmes
Director

Brissco (Equipment) Limited

Profit and Loss Account for the Year Ended 31 December 2025

| Note | 2025 £ | 2024 £
Turnover |  | 3,643,113 | 3,406,556
Cost of sales |  | (1,686,903) | (1,623,493)
Gross profit |  | 1,956,210 | 1,783,063
Administrative expenses |  | (1,586,920) | (1,478,385)
Other operating income |  | 29,984 | 21,650
Operating profit |  | 399,274 | 326,328
Other interest receivable and similar income |  | 24,497 | 5,994
Interest payable and similar expenses |  | (4,916) | (4,485)
|  | 19,581 | 1,509
Profit before tax |  | 418,855 | 327,837
Tax on profit |  | (107,953) | (81,053)
Profit for the financial year |  | 310,902 | 246,784

Brissco (Equipment) Limited

(Registration number: 00455916)
Balance Sheet as at 31 December 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |  |
Tangible assets | 5 |  | 549,104 | 461,964
Current assets |  |  |  |
Stocks | 6 | 305,855 |  | 263,424
Debtors | 7 | 852,425 |  | 809,716
Cash at bank and in hand |  | 851,903 |  | 776,997
|  | 2,010,183 |  | 1,850,137
Creditors: Amounts falling due within one year | 8 | (459,660) |  | (468,034)
Net current assets |  |  | 1,550,523 | 1,382,103
Total assets less current liabilities |  |  | 2,099,627 | 1,844,067
Creditors: Amounts falling due after more than one year | 8 |  | (72,338) | (34,054)
Provisions for liabilities |  |  | (52,850) | (25,876)
Net assets |  |  | 1,974,439 | 1,784,137
Capital and reserves |  |  |  |
Called up share capital |  | 35,000 |  | 35,000
Share premium reserve |  | 2,300 |  | 2,300
Capital redemption reserve |  | 8,000 |  | 8,000
Retained earnings |  | 1,929,139 |  | 1,738,837
Shareholders' funds |  |  | 1,974,439 | 1,784,137

Brissco (Equipment) Limited

(Registration number: 00455916)
Balance Sheet as at 31 December 2025

For the financial year ending 31 December 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 accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their 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 in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 21 April 2026 and signed on its behalf by:

......................................... Mandy Freake Director | ......................................... Kevin Mark Bartlett Director | ......................................... Christopher Nicholas Holmes Director

Brissco (Equipment) Limited

Statement of Changes in Equity for the Year Ended 31 December 2025

| Share capital £ | Share premium £ | Capital redemption reserve £ | Retained earnings £ | Total £
At 1 January 2024 | 35,000 | 2,300 | 8,000 | 1,591,053 | 1,636,353
Profit for the year | - | - | - | 246,784 | 246,784
Dividends | - | - | - | (99,000) | (99,000)
At 31 December 2024 | 35,000 | 2,300 | 8,000 | 1,738,837 | 1,784,137

| Share capital £ | Share premium £ | Capital redemption reserve £ | Retained earnings £ | Total £
At 1 January 2025 | 35,000 | 2,300 | 8,000 | 1,738,837 | 1,784,137
Profit for the year | - | - | - | 310,902 | 310,902
Dividends | - | - | - | (120,600) | (120,600)
At 31 December 2025 | 35,000 | 2,300 | 8,000 | 1,929,139 | 1,974,439

Brissco (Equipment) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Block 9, 25 Cater Road
Bishopsworth
Bristol
BS13 7TX

These financial statements were authorised for issue by the Board on 21 April 2026.

2 | 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.

Going concern

The directors have reviewed the going concern status of the business for the foreseeable future to the best of their abilities and have concluded that they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The directors therefore continue to adopt the going concern basis of accounting in preparing these financial statements.

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.

Tax

The tax expense for the period comprises current and deferred 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.

Brissco (Equipment) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

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.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when 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 and that are expected to apply to the reversal of the timing difference.

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
Freehold property | Straight line over 10 to 50 years
Plant and machinery | Straight line over 3 to 15 years
Motor vehicles | 25% on cost

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.

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.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

Brissco (Equipment) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

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.

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 in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.
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.

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.

Brissco (Equipment) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

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.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 31 (2024 - 31).

4 | Taxation

Tax charged/(credited) in the income statement

| 2025 £ | 2024 £
Current taxation |  |
UK corporation tax | 80,979 | 94,957
Deferred taxation |  |
Arising from origination and reversal of timing differences | 26,974 | (13,904)
Tax expense in the income statement | 107,953 | 81,053

Brissco (Equipment) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

5 | Tangible assets

| Land and buildings £ | Plant and machinery £ | Motor vehicles £ | Total £
Cost or valuation
At 1 January 2025 | 727,254 | 1,113,833 | 114,324 | 1,955,411
Additions | 9,566 | 167,311 | 8,906 | 185,783
Disposals | - | (179,511) | (26,727) | (206,238)
At 31 December 2025 | 736,820 | 1,101,633 | 96,503 | 1,934,956
Depreciation
At 1 January 2025 | 402,313 | 1,028,806 | 62,328 | 1,493,447
Charge for the year | 24,458 | 36,827 | 28,519 | 89,804
Eliminated on disposal | - | (174,570) | (22,829) | (197,399)
At 31 December 2025 | 426,771 | 891,063 | 68,018 | 1,385,852
Carrying amount
At 31 December 2025 | 310,049 | 210,570 | 28,485 | 549,104
At 31 December 2024 | 324,941 | 85,027 | 51,996 | 461,964

At the reporting date, the company held motor vehicles under hire purchase agreements and a total net book value of £28,485 (2024: £51,996). The company also held machinery under hire purchase agreement and a total net book value of £106,975 (2024: £nil). The assets are included within tangible fixed assets at their cost, and a corresponding liability is recognised within creditors. The hire purchase agreements are secured against the related motor vehicles. Ownership of the assets will transfer to the company upon final payment of the outstanding balances under the agreements.

6 | Stocks

| 2025 £ | 2024 £
Other inventories | 305,855 | 263,424

7 | Debtors

Current | Note | 2025 £ | 2024 £
Trade debtors |  | 233,424 | 226,138
Amounts owed by related parties | 10 | 556,275 | 527,918
Prepayments |  | 57,226 | 55,660
Other debtors |  | 5,500 | -
|  | 852,425 | 809,716

Brissco (Equipment) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

8 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings |  | 34,148 | 20,644
Trade creditors |  | 110,214 | 111,228
Taxation and social security |  | 161,665 | 177,121
Accruals and deferred income |  | 146,799 | 152,625
Other creditors |  | 6,834 | 6,416
|  | 459,660 | 468,034

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings |  | 72,338 | 34,054

The company has also provided security for bank loans held by Brissco Limited, the company's parent undertaking, totalling £82,949 (2024: £187,569), in the form of a legal mortgage over its freehold property and through fixed and floating charges over the assets of the company.

9 | Obligations under leases and hire purchase contracts

Operating leases

The total of future minimum lease payments is as follows:

| 2025 £ | 2024 £
Not later than one year | 29,899 | 25,323
Later than one year and not later than five years | 39,765 | 56,929
| 69,664 | 82,252

The amount of non-cancellable operating lease payments recognised as an expense during the year was £26,585 (2024 - £22,994).

Brissco (Equipment) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

10 | Related party transactions

The company paid dividends totalling £120,600 (2024: £99,000) to Brissco Limited, which is the company’s parent undertaking during the year.
During the year the company also provided additional loan funding totalling £28,357 (2024: £113,592) to Brissco Limited. At 31 December 2025 the balance owed by Brissco Limited to the company was £556,275 (2024: £527,918), and is repayable on demand, unsecured and does not attract interest.
During the year the company was charged management fees totalling £36,000 (2024: £44,500) by Brissco Limited, the company’s parent undertaking. A balance of £7,200 (2024: £7,200) was outstanding in respect of these fees at 31 December 2025 and is included within trade creditors. At 31 December 2025 the company was charged £nil (2024: £8,500) relating to management charges due for the year which are included within accruals.
The controlling party is Brissco Limited.
Brissco Limited owns 83% of the issued share capital of the company and is the immediate and ultimate parent. Brissco Limited is incorporated in England & Wales and has its registered office as the same address of that of the company.
The ultimate controlling party is Mrs M Freake by virtue of the controlling interest in the issued share capital of Brissco Limited.

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Brissco (Equipment) Limited
for the Year Ended 31 December 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Brissco (Equipment) Limited for the year ended 31 December 2025 as set out on pages 3 to 13 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of Brissco (Equipment) Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Brissco (Equipment) Limited and state those matters that we have agreed to state to the Board of Directors of Brissco (Equipment) Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Brissco (Equipment) Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Brissco (Equipment) Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Brissco (Equipment) Limited. You consider that Brissco (Equipment) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Brissco (Equipment) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................
Stone & Co Chartered Accountants
2 Charnwood House
Marsh Road
Ashton
Bristol
BS3 2NA

21 April 2026