ACCOUNTS - Final Accounts preparation

Registered number: 12642255

PF BRANDS LTD

Unaudited

Financial statements

Information for filing with the registrar

For the Year Ended 30 June 2025

PF BRANDS LTD

Registered number: 12642255

Balance sheet

As at 30 June 2025

		2025		2024
Note		£		£

Fixed assets
Intangible assets	4		1,000		1,200
Tangible assets	5		442		520
Investments			650		325
			2,092		2,045
Current assets
Debtors: amounts falling due within one year	7	211,932		336,015
Cash at bank		6,888		15,975
		218,820		351,990
Creditors: amounts falling due within one year	8	(44,299)		(87,307)
Net current assets			174,521		264,683
Total assets less current liabilities			176,613		266,728

Net assets			176,613		266,728

Capital and reserves
Called up share capital	10	10
Profit and loss account	176,603	266,718
	176,613	266,728

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PF BRANDS LTD

Registered number: 12642255

Balance sheet (continued)

As at 30 June 2025

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 28 May 2026.

Mr M Paul

Director

The notes on pages 3 to 6 form part of these financial statements.

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PF BRANDS LTD

Notes to the financial statements

For the Year Ended 30 June 2025

1.	General information

PF Brands Ltd is a private company limited by shares and registered in England and Wales. The
registered address is as shown on the Company Information page.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

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PF BRANDS LTD

Notes to the financial statements

For the Year Ended 30 June 2025

2.Accounting policies (continued)

2.5

Intangible assets

Goodwill

Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer’s interest in the fair value of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight-line basis to the Statement of comprehensive income over its useful economic life.

Other intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Motor vehicles

15%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.7

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Employees

The average monthly number of employees, including directors, during the year was 0 (2024 - 1).

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PF BRANDS LTD

Notes to the financial statements

For the Year Ended 30 June 2025

4.	Intangible assets

		Goodwill
		£
	Cost
	At 1 July 2024	2,000
	At 30 June 2025	2,000
	Amortisation
	At 1 July 2024	800
	Charge for the year on owned assets	200
	At 30 June 2025	1,000
	Net book value
	At 30 June 2025	1,000

5.	Tangible fixed assets

		Motor vehicles
		£
	Cost or valuation
	At 1 July 2024	1,000
	At 30 June 2025	1,000
	Depreciation
	At 1 July 2024	480
	Charge for the year on owned assets	78
	At 30 June 2025	558
	Net book value
	At 30 June 2025	442

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PF BRANDS LTD

Notes to the financial statements

For the Year Ended 30 June 2025

6.	Fixed asset investments

	Investments in subsidiary companies	Listed investments	Total
	£	£	£
Cost or valuation
At 1 July 2024	325	-	325
Additions	325	148,701	149,026
Disposals	-	(148,701)	(148,701)
At 30 June 2025	650	-	650

Debtors

					2025	2024
					£	£


Trade debtors	7,418	50,794
Other debtors	204,514	285,221
	211,932	336,015

8.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Corporation tax	41,849	75,211
Other taxation and social security	-	8,531
Other creditors	2,450	3,565
	44,299	87,307

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