REGISTERED NUMBER: 12889551 (England and Wales)

Financial Statements for the Year Ended 31 December 2025

for

Brombal UK Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

to

7

DIRECTOR:

Mr P Brombal

REGISTERED OFFICE:

89 B Quicks Road

Wimbledon

London

SW19 1EX

REGISTERED NUMBER:

12889551 (England and Wales)

SENIOR STATUTORY AUDITOR:

Suraj Shah BFP ACA FCCA

AUDITORS:

BBK Partnership

Chartered Accountants

& Statutory Auditors

1 Beauchamp Court

10 Victors Way

Barnet

Hertfordshire

EN5 5TZ

FIXED ASSETS

Tangible assets

4

1,366

968

CURRENT ASSETS

Debtors

5

468,951

113,162

Cash at bank

222,081

3,306

691,032

116,468

CREDITORS

Amounts falling due within one year

6

788,879

175,360

NET CURRENT LIABILITIES

(97,847

)

(58,892

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(96,481

)

(57,924

)

CREDITORS

Amounts falling due after more than one year

7

160,059

166,000

NET LIABILITIES

(256,540

)

(223,924

)

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

9

(256,640

)

(224,024

)

SHAREHOLDERS' FUNDS

(256,540

)

(223,924

)

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 director and authorised for issue on 29 May 2026 and were signed by:

Mr P Brombal - Director

1.	STATUTORY INFORMATION

Brombal UK 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.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £1.

Turnover

Turnover is measured at the fair value of the consideration received or receivable net of VAT and trade discounts.

Rendering of services

When the outcome of a transaction can be estimated reliably, turnover from the design services is recognised by reference to the stage of completion at the balance sheet date. Stage of completion is measured by reference to the time spent.

Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable.

Construction contracts

When the outcome of a construction contract can be estimated reliably, contract costs and turnover are recognised by reference to the stage of completion at the balance sheet date. Stage of completion is measured by reference to agreed contractual terms.

Where the outcome cannot be measured reliably, contract costs are recognised as an expense in the period in which they are incurred and contract turnover is recognised to the extent of costs incurred that it is probable will be recoverable.

When it is probable that contract costs will exceed the total contract turnover, the expected loss is recognised as an expense immediately, with a corresponding provision.

Tangible fixed assets

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:

- Computer equipment

- 25% on cost

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Impairment

Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount.

Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

Loans and borrowings

Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment.

Provisions

Provisions are recognised when the company has an obligation at the balance sheet date as a result of a past event, it is probable that an outflow of economic benefits will be required in settlement and the amount can be reliably estimated.

Debtors and creditors receivable / payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Employee benefits

When employees have rendered service to the company, short-term employee benefits to which the employees are entitled are recognised at the undiscounted amount expected to be paid in exchange for that service.

Going concern

The company's activities generated a loss of £32,616 (2024: loss of £82,440) and has a net current liability of £97,847 (2024: £58,892). The company's operational existence is still dependent on the ability to raise further funding from its parent company and other group members.

After making due enquires, the directors have formed a judgement that there is a reasonable expectation that the company can secure further adequate resources to continue in operational existence for the foreseeable future and that adequate arrangements will be in place to enable the settlement of their financial commitments, as and when they fall due.

For this reason, the directors continue to adopt the going concern basis in preparing the financial statements. Whilst there are inherent uncertainties in relation to future events, and therefore no certainty over the outcome of the matters described, the directors consider that, based upon the financial projections and dependent upon the success of their efforts to complete these activities, the company will be a going concern for the next twelve months.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 January 2025

1,441

Additions

792

At 31 December 2025

2,233

DEPRECIATION

At 1 January 2025

473

Charge for year

394

At 31 December 2025

867

NET BOOK VALUE

At 31 December 2025

1,366

At 31 December 2024

968

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

62,488

104,632

Other debtors

348,289

3,400

CIS Asset

-

1,052

VAT

3,405

3,581

Prepayments

54,769

497

468,951

113,162

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade creditors

156,164

168,286

Other creditors

625,732

474

Accrued expenses

6,983

6,600

788,879

175,360

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Amounts owed to group undertakings

219,727

166,000

Deferred Tax

(59,668

)

-

160,059

166,000

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

£

100

Ordinary

£1

100

100

9.

RESERVES

Retained

earnings

£

At 1 January 2025

(224,024

)

Deficit for the year

(32,616

)

At 31 December 2025

(256,640

)

10.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Suraj Shah BFP ACA FCCA (Senior Statutory Auditor)

for and on behalf of BBK Partnership

11.	RELATED PARTY DISCLOSURES

Included within trade debtors is £42,153 (2024: £29,232) being owed to the company by Brombal India. Also included within trade debtors is £1,745 (2024: nil) being owed to the company by Brombal Asia Co. Limited, nil (2024: £18,404) owed by Brombal Australia PTY Ltd, nil (2024: £28,663) owed by Brombal USA, £8,590 (2024: £17,348) being owed by Brombal New Zealand Ltd and nil (2024: £877) owed by Serramenti Brombal SRL. Brombal India, Brombal Australia PTY Ltd, Brombal New Zealand Ltd, Brombal USA and Brombal Asia Co. Limited are members of the group headed by Serramenti Brombal SRL.

Included in other debtors is £344,889 being owed to the company by Serramenti Brombal SRL.

Included in trade creditors is £143,996 (2024: £156,879) being owed by the company to its parent undertaking Serramenti Brombal S.R.L.

The company is financed by its parent undertaking, Serramenti Brombal S.R.L, through a shareholder loan amounting to £219,727. The loan carries a fixed interest rate of 1% per annum. During the current year, interest of £2,282 was charged by Serramenti Brombal S.R.L.

12.	ULTIMATE CONTROLLING PARTY

The immediate parent undertaking is Serramenti Brombal S.R.L., a company incorporated in Italy. The ultimate parent company is Brombal Holding S.R.L (formerly known as Paribro S.R.L), as incorporated in Italy.

Brombal Holding S.R.L is the ultimate parent undertaking of the largest group of undertakings to consolidate these financial statements at 31 December 2025. The consolidated financial statements of Brombal Holding S.R.L are available from 24 Via Valla Altivole Treviso Italy 31030.