2025-02-01 2026-01-31 2026-01-31 false 12425594 Picasso Engineering Ltd 33120Repair of machinery iso4217:GBP xbrli:pure 124255942025-02-01 124255942026-01-31 124255942025-02-01 2026-01-31 12425594bus:Micro-entities2025-02-01 2026-01-31 12425594bus:AuditExempt-NoAccountantsReport2025-02-01 2026-01-31 12425594bus:FullAccounts2025-02-01 2026-01-31 12425594core:WithinOneYear2026-01-31 12425594core:AfterOneYear2026-01-31 12425594core:WithinOneYear2025-02-01 2026-01-31 12425594core:AfterOneYear2025-02-01 2026-01-31 12425594core:CurrentFinancialInstruments2026-01-31 12425594core:Non-currentFinancialInstruments2026-01-31 12425594core:CurrentFinancialInstruments2025-02-01 2026-01-31 12425594core:Non-currentFinancialInstruments2025-02-01 2026-01-31 12425594core:LandBuildings2025-02-01 2026-01-31 12425594core:FurnitureFittings2025-02-01 2026-01-31 12425594core:OfficeEquipment2025-02-01 2026-01-31 12425594core:Vehicles2025-02-01 2026-01-31 12425594core:PlantMachinery2025-02-01 2026-01-31 12425594core:OtherPropertyPlantEquipment2025-02-01 2026-01-31 12425594core:LandBuildings2026-01-31 12425594core:PlantMachinery2026-01-31 12425594core:Vehicles2026-01-31 12425594core:FurnitureFittings2026-01-31 12425594core:OfficeEquipment2026-01-31 12425594core:OtherPropertyPlantEquipment2026-01-31 12425594core:Right-of-useAssets2025-02-01 2026-01-31 12425594core:Right-of-useAssets2026-01-31 12425594core:Goodwill2025-02-01 2026-01-31 12425594core:PatentsTrademarksLicencesConcessionsSimilar2025-02-01 2026-01-31 12425594core:DevelopmentCostsCapitalisedDevelopmentExpenditure2025-02-01 2026-01-31 12425594core:OtherResidualIntangibleAssets2025-02-01 2026-01-31 12425594core:Goodwill2026-01-31 12425594core:DevelopmentCostsCapitalisedDevelopmentExpenditure2026-01-31 12425594core:PatentsTrademarksLicencesConcessionsSimilar2026-01-31 12425594core:OtherResidualIntangibleAssets2026-01-31 12425594dpl:CostSales2025-02-01 2026-01-31 12425594dpl:AdministrativeExpenses2025-02-01 2026-01-31 12425594dpl:DistributionCosts2025-02-01 2026-01-31124255942024-02-01 124255942025-01-31 124255942024-02-01 2025-01-31 12425594core:WithinOneYear2025-01-31 12425594core:AfterOneYear2025-01-31 12425594core:CurrentFinancialInstruments2025-01-31 12425594core:Non-currentFinancialInstruments2025-01-31 12425594core:LandBuildings2025-01-31 12425594core:PlantMachinery2025-01-31 12425594core:Vehicles2025-01-31 12425594core:FurnitureFittings2025-01-31 12425594core:OfficeEquipment2025-01-31 12425594core:OtherPropertyPlantEquipment2025-01-31 12425594core:Right-of-useAssets2025-01-31 12425594core:Goodwill2025-01-31 12425594core:DevelopmentCostsCapitalisedDevelopmentExpenditure2025-01-31 12425594core:PatentsTrademarksLicencesConcessionsSimilar2025-01-31 12425594core:OtherResidualIntangibleAssets2025-01-31 12425594dpl:AdministrativeExpenses2024-02-01 2025-01-3112425594bus:Director12025-02-01 2026-01-3112425594bus:PrivateLimitedCompanyLtd2025-02-01 2026-01-31
Picasso Engineering Ltd
Unaudited Financial Statements
for the year ended 31 January 2026
Company registration number 12425594
(England and Wales)

Company Information

For the year ended 31 January 2026
Director Carneiro, Renan Domingos Lima

Registered office 1 Devon Court
Old London Road
St. Albans
AL1 1PP

Registered number 12425594

Accountant Cashify Ltd
1 Devon Court
Old London Road
St. Albans
Hertfordshire
AL1 1PP

Statement of Financial Position

As at 31 January 2026
2026
2025
£
£
£
£
Fixed assets
7,417
6,813
Current assets
27,276
14,987
Creditors amounts falling due within one year
(3,002)
(3,096)
Net current assets (liabilities)
24,274
11,891
Total assets less current liabilities
31,691
18,704
Creditors amounts falling due after one year
(456)
(773)
Accruals and deferred income
(3,000)
(2,000)
Net assets (liabilities)
28,235
15,931
Capital and reserves
28,235
15,931

Notes to the Financial Statements

1. Employees

The average number of employees during the year was 2 (2025: 1).
The company is a private company limited by shares and registered in England and Wales. It was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
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 for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and authorised for issue by the director on 20 September 2026 and are signed on its behalf by:

Carneiro, Renan Domingos Lima
Carneiro, Renan Domingos Lima
Director

Company registration number 12425594