REGISTERED NUMBER: 12256114 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 October 2025

for

BriXcell Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

T M Gardner

B N Glover

W J McFarlane

J D Glover

REGISTERED OFFICE:

Unit 2 Global Business Park

Wilkinson Road

Cirencester

Gloucestershire

GL7 1YZ

REGISTERED NUMBER:

12256114 (England and Wales)

FIXED ASSETS

Intangible assets

5

24,614

24,702

Tangible assets

6

70,276

74,181

94,890

98,883

CURRENT ASSETS

Stocks

7

12,965

16,250

Debtors

8

9,663

9,361

Cash at bank

12,884

7,590

35,512

33,201

CREDITORS

Amounts falling due within one year

9

56,614

61,113

NET CURRENT LIABILITIES

(21,102

)

(27,912

)

TOTAL ASSETS LESS CURRENT LIABILITIES

73,788

70,971

CAPITAL AND RESERVES

Called up share capital

102,102

102,102

Retained earnings

(28,314

)

(31,131

)

73,788

70,971

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 23 July 2026 and were signed on its behalf by:

T M Gardner - Director

1.	STATUTORY INFORMATION

BriXcell Ltd 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.	STATEMENT OF COMPLIANCE

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the financial currency of the entity.

Turnover

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

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 20 years.

Tangible fixed assets

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

Plant and machinery

-

5% on a straight line basis

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Costs includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Going concern

The directors have considered going concern and believe this to be an appropriate basis on which to prepare these accounts. The directors have agreed to continue to support the company to ensure that it can meet its obligations as they fall due.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.

For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

4.	EMPLOYEES AND DIRECTORS

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

5.	INTANGIBLE FIXED ASSETS

Patents

and

licences

£

COST

At 1 November 2024

26,002

Additions

1,276

At 31 October 2025

27,278

AMORTISATION

At 1 November 2024

1,300

Amortisation for year

1,364

At 31 October 2025

2,664

NET BOOK VALUE

At 31 October 2025

24,614

At 31 October 2024

24,702

6.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 November 2024

and 31 October 2025

78,085

DEPRECIATION

At 1 November 2024

3,904

Charge for year

3,905

At 31 October 2025

7,809

NET BOOK VALUE

At 31 October 2025

70,276

At 31 October 2024

74,181

7.

STOCKS

2025

2024

£

£

Stocks

12,965

16,250

8.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

5,916

8,124

VAT

3,747

1,237

9,663

9,361

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

10,736

15,310

Other creditors

14,966

14,966

Directors' current accounts

29,932

29,932

Accruals and deferred income

980

905

56,614

61,113

10.	FINANCIAL INSTRUMENTS

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.