REGISTERED NUMBER: 06647112 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

BrioLexica Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R Bright

S R Gadgil

SECRETARY:

S R Gadgil

REGISTERED OFFICE:

3rd Floor (North)

25 Wimpole Street

London

W1G 8GL

REGISTERED NUMBER:

06647112 (England and Wales)

ACCOUNTANTS:

Whitesides Chartered Accountants

Lister House

Lister Hill

Horsforth

Leeds

LS18 5AZ

FIXED ASSETS

Intangible assets

4

349

465

Tangible assets

5

344,289

356,887

Investments

6

215,548

256,240

560,186

613,592

CURRENT ASSETS

Stocks

75

1,699

Debtors

7

471,501

611,812

Cash at bank and in hand

45,647

119,408

517,223

732,919

CREDITORS

Amounts falling due within one year

8

72,002

162,027

NET CURRENT ASSETS

445,221

570,892

TOTAL ASSETS LESS CURRENT LIABILITIES

1,005,407

1,184,484

PROVISIONS FOR LIABILITIES

36,026

4,631

NET ASSETS

969,381

1,179,853

CAPITAL AND RESERVES

Called up share capital

100

100

Revaluation reserve

177,540

182,222

Retained earnings

791,741

997,531

969,381

1,179,853

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 March 2026 and were signed on its behalf by:

S R Gadgil - Director

R Bright - Director

1.	STATUTORY INFORMATION

BrioLexica Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has paid for the goods.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of ten years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Long leasehold

-

2% on cost

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

25% on reducing balance

Tangible fixed assets are stated at cost less accumulated depreciation.

Long leasehold property is held and used in the company's own activities for the supply of its services and stated in the statement of financial position at the revalued amounts. The revalued amounts equate to the fair value at the date of revaluation less any depreciation or impairment losses subsequently accumulated. Revaluations are carried out regularly so that the carrying amounts do not materially differ from the fair value at the date of the statement of financial position. Any revaluation increase or decrease on freehold property is transferred to the revaluation reserve.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial positionbalance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Fixed asset investments

Investments comprise investments in quoted equity instruments which are measured at fair value. Changes in fair value are recognised in profit or loss.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 7 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 January 2025

and 31 December 2025

35,113

AMORTISATION

At 1 January 2025

34,648

Charge for year

116

At 31 December 2025

34,764

NET BOOK VALUE

At 31 December 2025

349

At 31 December 2024

465

5.	TANGIBLE FIXED ASSETS

Fixtures

Long

and

Computer

leasehold

fittings

equipment

Totals

£

£

£

£

COST OR VALUATION

At 1 January 2025

425,000

16,297

62,759

504,056

Additions

-

-

1,037

1,037

Disposals

-

-

(1,407

)

(1,407

)

At 31 December 2025

425,000

16,297

62,389

503,686

DEPRECIATION

At 1 January 2025

86,636

11,801

48,732

147,169

Charge for year

8,686

674

3,725

13,085

Eliminated on disposal

-

-

(857

)

(857

)

At 31 December 2025

95,322

12,475

51,600

159,397

NET BOOK VALUE

At 31 December 2025

329,678

3,822

10,789

344,289

At 31 December 2024

338,364

4,496

14,027

356,887

The long leasehold property cost £200,186 in 2013, and was revalued at £425,000 in 2021 by the directors.

6.	FIXED ASSET INVESTMENTS

Market value of listed investments at 31 December 2025 - £215,548 (2024 - £256,240).

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

41,726

66,588

Other debtors

429,775

545,224

471,501

611,812

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

41,202

2,251

Taxation and social security

11,471

61,011

Other creditors

19,329

98,765

72,002

162,027

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

-

3,840

10.	RELATED PARTY DISCLOSURES

During the year the company made a loan to a company with common directors. The loan is interest free with no fixed terms for repayment. The balance outstanding at the end of the year is £138,145 (2024: £331,515).

During the year the company made a loan to a company with common directors. The loan is interest free with no fixed terms for repayment. The balance outstanding at the end of the year is £272,018 (2024: £201,314).

During the year the company entered into transactions with a company with common directors, relating to technology support & development expenses. The balance owing to the related party is interest free with no fixed terms for repayment. The transactions during the year totalled £31,900 (2024: £39,690) and the balance outstanding at the end of the year is £37,604 (2024: £39,690).