REGISTERED NUMBER: 04504087 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

CHARLES BURNAND LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S P Stewart

M J Totten

REGISTERED OFFICE:

27 Whitfield Street

London

W1T 2SE

REGISTERED NUMBER:

04504087 (England and Wales)

ACCOUNTANTS:

Plus Accounting

Chartered Accountants

Preston Park House

South Road

Brighton

East Sussex

BN1 6SB

FIXED ASSETS

Tangible assets

4

30,434

35,777

CURRENT ASSETS

Stocks

5

317,065

341,512

Debtors

6

333,716

210,293

Cash at bank and in hand

452,594

196,027

1,103,375

747,832

CREDITORS

Amounts falling due within one year

7

(1,756,706

)

(1,406,153

)

NET CURRENT LIABILITIES

(653,331

)

(658,321

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(622,897

)

(622,544

)

CREDITORS

Amounts falling due after more than one year

8

(123,029

)

(201,613

)

PROVISIONS FOR LIABILITIES

(5,782

)

(6,798

)

NET LIABILITIES

(751,708

)

(830,955

)

CAPITAL AND RESERVES

Called up share capital

9

2

2

Retained earnings

10

(751,710

)

(830,957

)

SHAREHOLDERS' FUNDS

(751,708

)

(830,955

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 10 August 2026 and were signed on its behalf by:

M J Totten - Director

1.	STATUTORY INFORMATION

Charles Burnand 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Turnover

Turnover represents amounts receivable for finished projects, net of value added tax. Income is recognised when the outcome of a project can be reliably measured, the project is complete, and the significant risks and rewards of ownership have been transferred to the customer.

Income relating to work in progress at the reporting date is deferred and included within creditors as deferred income. This ensures that turnover reflects only the value of projects completed during the year.

Tangible fixed assets

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

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Going concern

The directors have a reasonable expectation that the company has adequate resources to continue in existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

Impairment policy

At each balance sheet date, the company reviews the carrying amount of its assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of an asset, the Company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2024 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 January 2025

59,645

14,213

73,858

Additions

-

3,574

3,574

At 31 December 2025

59,645

17,787

77,432

DEPRECIATION

At 1 January 2025

31,808

6,273

38,081

Charge for year

6,959

1,958

8,917

At 31 December 2025

38,767

8,231

46,998

NET BOOK VALUE

At 31 December 2025

20,878

9,556

30,434

At 31 December 2024

27,837

7,940

35,777

5.

STOCKS

2025

2024

£

£

Stock

317,065

341,512

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

4,870

26,036

Other debtors

328,846

184,257

333,716

210,293

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

98,005

295,014

Trade creditors

194,101

151,605

Taxation and social security

18,726

11,099

Other creditors

1,445,874

948,435

1,756,706

1,406,153

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

33,468

98,573

Other creditors

89,561

103,040

123,029

201,613

Amounts falling due in more than five years:

Repayable by instalments

Bank loans 1-2 Yrs

33,468

98,573

Bank Loan more 5yrs instal

89,561

103,040

123,029

201,613

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

2

Ordinary

1

2

2

10.

RESERVES

Retained

earnings

£

At 1 January 2025

(830,957

)

Profit for the year

79,247

At 31 December 2025

(751,710

)

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the year end, an amount of £6,491 (2024: £23,718) was outstanding from the directors. The loan is repayable on demand and interest was charged at 2.25% per annum till 31/03/2025 and from 01/04/2025, 3.75% per annum.

During the year, advances to the director totalled £154,166 and repayments amounted to £171,393.