Company registration number: 05846942
Annual report and unaudited financial statements
for the year ended 30 November 2025
for
Del Piero Limited
Pages for filing with the Registrar
Company registration number: 05846942
Del Piero Limited
Balance sheet
as at 30 November 2025
2025 2024
£ £ £ £
Current assets
Stocks 4,198,539 4,149,437
Debtors 1,070,642 1,416,196
Cash at bank and in hand 2,658 1,025
5,271,839 5,566,658
Creditors: amounts falling due within one year
(204,660) (321,458)
Net current assets 5,067,179 5,245,200
Creditors: Amounts falling due after more than one year
(8,468,675) (8,473,675)
NET LIABILITIES (3,401,496) (3,228,475)
Capital and reserves
Called up share capital 1,000 1,000
Profit and loss account (3,402,496) (3,229,475)
TOTAL EQUITY (3,401,496) (3,228,475)
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 30 November 2025.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 05846942
Del Piero Limited
Balance sheet - continued
as at 30 November 2025
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 Profit and loss account has not been delivered to the Registrar.
Signed by:
Mr N Bracey, Director
24 August 2026
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Del Piero Limited
Notes to the financial statements
for the year ended 30 November 2025
1 Company information
Del Piero Limited is a private company registered in England and Wales. Its registered number is 05846942. The company is limited by shares. Its registered office is Windmill Golf Academy, Henfield Road, Bristol, Avon, BS36 2FE.
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 historic cost convention.
Adoption of the 2024 periodic review
Del Piero Limited has early adopted the amendments arising from the 2024 periodic review applicable to the standard referenced in the basis of preparation statement.
These amendments mandate changes to various accounting policies and expand the required disclosures. The amendments are applied retrospectively, in accordance with paragraph 10.12 of the standard, with such exceptions and transitional arrangements as specified in paragraphs 1.40 to 1.68.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is recognised from sales when a performance obligation under a valid contract with a customer has been satisfied at the transaction price allocated to that obligation. Transaction prices so recognised exclude Value Added Tax and any other sales taxes.
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Work in progress is valued at the lower of cost and net realisable value. Cost is calculated using the first -in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.
3 Average number of employees
During the year the average number of employees was 2 (2024 - 2).
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Del Piero Limited
Notes to the financial statements - continued
for the year ended 30 November 2025
4 Secured debts
A debenture dated 17 May 2019 is held in favour of Simon Arber for £3,303,697 (2024 - £3,303,697. The charge contains fixed and floating charges. The floating charge covers the property known as area E in the company.
5 Advances, credit and guarantees granted to directors
The following advances and credits to a director subsisted during the years ended 30 November 2025 and 30 November 2024.
2025 2024
£ £
Mr Nicholas Paul Bracey
Balance outstanding at start of year (131,589) (131,589)
Amounts advanced 95,000 -
Balance outstanding at end of year (36,589) (131,589)
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