Bizzell Paper Company Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 01730184

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	3		61,288		52,497

			61,288		52,497
CURRENT ASSETS
Stocks	4	53,497		18,549
Debtors	5	963,560		880,223
Cash at bank and in hand		157,776		266,980

		1,174,833		1,165,752
Creditors: Amounts Falling Due Within One Year	6	(895,700 )		(881,596 )

NET CURRENT ASSETS (LIABILITIES)			279,133		284,156

TOTAL ASSETS LESS CURRENT LIABILITIES			340,421		336,653

Creditors: Amounts Falling Due After More Than One Year	7		-		(5,000 )

NET ASSETS			340,421		331,653

CAPITAL AND RESERVES
Called up share capital	8		10,000		10,000
Profit and Loss Account			330,421		321,653

SHAREHOLDERS' FUNDS			340,421		331,653

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Bizzell Paper Company Limited

Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Nicholas Bizzell

Director

12/05/2026

The notes on pages 3 to 5 form part of these financial statements.

1. Accounting Policies

1.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

1.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

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 signed for the delivery of the goods.

1.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	By equal instalments over the lease period
Motor Vehicles	25% per annum on book reducing balance
Fixtures & Fittings	25% per annum on book reducing balance. Computer and office equipment is written off in full after six years

1.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks.

1.5. Taxation

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

No provision is made for deferred tax as a result of timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit.

1.6. Government Grant

Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.

Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.

All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.

2. Average Number of Employees

Average number of employees, including directors, during the year was: 8 (2025: 8)

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Bizzell Paper Company Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

3. Tangible Assets

	Land & Property
	Leasehold	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£	£
Cost
As at 1 April 2025	34,948	104,611	29,928	169,487
Additions	-	35,495	2,724	38,219
Disposals	-	(26,901 )	(11,000 )	(37,901 )

As at 31 March 2026	34,948	113,205	21,652	169,805

Depreciation
As at 1 April 2025	28,637	64,109	24,244	116,990
Provided during the period	2,912	17,404	1,893	22,209
Disposals	-	(20,518 )	(10,164 )	(30,682 )

As at 31 March 2026	31,549	60,995	15,973	108,517

Net Book Value
As at 31 March 2026	3,399	52,210	5,679	61,288

As at 1 April 2025	6,311	40,502	5,684	52,497

4. Stocks

	2026	2025
	£	£
Materials	53,497	18,549

5. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	949,336	867,642
Prepayments and accrued income	14,224	12,581

	963,560	880,223

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	799,476	785,931
Bank loans and overdrafts	5,000	30,000
Corporation tax	7,249	12,427
Other taxes and social security	79,525	39,574
Accruals and deferred income	4,450	13,664

	895,700	881,596

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Bizzell Paper Company Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

7. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Bank loans	-	5,000

8. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	10,000	10,000

9. Related Party Transactions

The company paid rent of £42,000 (2025 £42,000) to UB5 Property Limited, a company of which Mr N W Bizzell is a director and substantial shareholder. This is in accordance with lease arrangements and is a commercial market rent. Debtors include a sum of £3,818 (2025 £1,900) advanced as a loan to UB5 Property Limited. The advance is interest free and repayable on demand.

10. Controlling Party

The company's controlling parties are Mr Nicholas William Bizzell and Mr Lloyd Peter Gregory by virtue of their ownership of 60% of the issued share capital in the company.

11. Bank borrowings

Bank facilities are secured by way of a mortgage debenture dated 11 November 1988 including a specific charge over book debts. The liability at the balance sheet date was £9,211 (2025 £7,077).

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