Registration number: 2522697

Pizza Equipment Limited

Contents

Company Information	1
Accountants' Report	2
Balance Sheet	3
Notes to the Unaudited Financial Statements	4 to 9
Summary of transactions with parent	9

Pizza Equipment Limited

Company Information

Directors

Mrs T A Esser Mr A R Esser

Company secretary

Mrs T A Esser

Registered office

C/o Robert A Harris & Co Business & Technology Centre Bessemer Drive Stevenage Hertfordshire SG1 2DX

Accountants

Robert A Harris & Co Business & Technology Centre Bessemer Drive Stevenage Herts SG1 2DX

Chartered Management Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Pizza Equipment Limited
for the Year Ended 31 July 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Pizza Equipment Limited for the year ended 31 July 2025 as set out on pages 3 to 9 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Chartered Institute of Management Accountants (CIMA), we are subject to its ethical and other professional requirements. Details of these can be found at www.aicpa-cima.com

This report is made solely to the Board of Directors of Pizza 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 Pizza Equipment Limited and state those matters that we have agreed to state to the Board of Directors of Pizza Equipment Limited, as a body. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Pizza Equipment Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Pizza 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 Pizza Equipment Limited. You consider that Pizza 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 Pizza 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.

......................................

Robert A Harris & Co
Business & Technology Centre
Bessemer Drive
Stevenage
Herts
SG1 2DX

28 April 2026

Pizza Equipment Limited

(Registration number: 2522697)
Balance Sheet as at 31 July 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	8,298	291,063
Current assets
Stocks	5	126,000	145,750
Debtors	6	76,996	53,041
Cash at bank and in hand		88,335	88,948
		291,331	287,739
Creditors: Amounts falling due within one year	7	(297,291)	(241,804)
Net current (liabilities)/assets		(5,960)	45,935
Total assets less current liabilities		2,338	336,998
Provisions for liabilities		(1,577)	(2,102)
Net assets		761	334,896
Capital and reserves
Called up share capital	8	100	100
Revaluation reserve		-	76,180
Retained earnings		661	258,616
Shareholders' funds		761	334,896

For the financial year ending 31 July 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 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 directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 27 April 2026 and signed on its behalf by:
 

......................................... Mr A R Esser Director

Pizza Equipment Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 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:
C/o Robert A Harris & Co
Business & Technology Centre
Bessemer Drive
Stevenage
Hertfordshire
SG1 2DX

These financial statements were authorised for issue by the Board on 27 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.

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.

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.

Pizza Equipment Limited

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

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
Fixtures and fittings	25% Reducing Balance
Motor vehicles	25% Reducing 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.

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 stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Pizza Equipment Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 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.

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.

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.

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.

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 8 (2024 - 8).

Pizza Equipment Limited

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

4	Tangible assets

	Land and buildings £	Furniture, fittings and equipment  £	Motor vehicles  £	Total £
Cost or valuation
At 1 August 2024	280,000	29,411	17,990	327,401
Disposals	(280,000)	-	-	(280,000)
At 31 July 2025	-	29,411	17,990	47,401
Depreciation
At 1 August 2024	-	28,467	7,871	36,338
Charge for the year	-	236	2,529	2,765
At 31 July 2025	-	28,703	10,400	39,103
Carrying amount
At 31 July 2025	-	708	7,590	8,298
At 31 July 2024	280,000	944	10,119	291,063

Included within the net book value of land and buildings above is £Nil (2024 - £280,000) in respect of freehold land and buildings.
 

5

Stocks

	2025 £	2024 £
Other inventories	126,000	145,750

6

Debtors

Current	2025 £	2024 £
Trade debtors	76,996	53,041
	76,996	53,041

Pizza Equipment Limited

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

7

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Trade creditors	237,009	170,652
Taxation and social security	28,021	53,802
Accruals and deferred income	4,643	5,629
Other creditors	27,618	11,721
	297,291	241,804

8	Share capital

Allotted, called up and fully paid shares

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

9

Dividends

Interim dividends paid

		2025 £		2024 £
Interim dividend of £2,835.00 (2024 - £258.00) per each Ordinary share of £1		283,500		25,791

10	Related party transactions

Directors' remuneration

The directors' remuneration for the year was as follows:

	2025 £	2024 £
Remuneration	23,980	29,700
Contributions paid to money purchase schemes	6,963	60,000
	30,943	89,700

Dividends paid to directors

Pizza Equipment Limited

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

		2025 £		2024 £
Mr A R Esser
		-		14,185
		-		-
		-		14,185
Mrs T A Esser
		-		11,606

Summary of transactions with parent

During the year, the shareholders reorganised their shareholding in the company to facilitate the use of a holding company.

The shareholders exchanged their shares in Pizza Equipment Ltd for shares firstly in Pizza Equipment Property Limited and then in Pizza Equipment Holdings Limited
Dividends were paid to the holding companys as follows:

1) Pizza Equipment Property Limited £265,000 (dividend in specie in respect of a property asset)

2) Pizza Equipment Holdings Limited £18,500