Bianchi Cousins Limited

(Registration number: 11865338)
Balance Sheet as at 31 January 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	5	65,040	84,825
Current assets
Stocks		10,400	15,558
Debtors	6	248,955	114,860
Cash at bank and in hand		1,406	2,199
		260,761	132,617
Creditors: Amounts falling due within one year	7	(374,869)	(230,727)
Net current liabilities		(114,108)	(98,110)
Total assets less current liabilities		(49,068)	(13,285)
Creditors: Amounts falling due after more than one year	7	(6,346)	(73,846)
Provisions for liabilities		(8,000)	-
Net liabilities		(63,414)	(87,131)
Capital and reserves
Called up share capital	8	100	100
Profit and loss account		(63,514)	(87,231)
Total equity		(63,414)	(87,131)

Bianchi Cousins Limited

(Registration number: 11865338)
Balance Sheet as at 31 January 2026

For the financial year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised for issue by the Board on 29 October 2026 and signed on its behalf by:
 

.........................................

J H Harvey
Director

Bianchi Cousins Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

1	Statutory information

The company is a private company limited by share capital, incorporated in England and Wales .

The address of its registered office is:
Mill Cottage
Mina Road
Bristol
BS2 9YN

2	Accounting policies

Summary of significant accounting policies

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention.

The financial statements are prepared in pounds sterling which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Going concern

The financial statements have been prepared on a going concern basis. The directors have considered the forecasted cashflows for the company for the twelve months from the date of approval of these financial statements and have reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Government grants

Government grants are recognised, using the accrual model, at the fair value of the asset received or receivable when there is reasonable assurance that the company will comply with conditions attaching to them and the grants will be received.

Bianchi Cousins Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax
Deferred income tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred income tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible fixed assets

Tangible fixed assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible fixed assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Kitchen equipment	25% Straight line
Short leasehold improvements	over the life of the lease

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits.

Trade debtors

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and net realisable value.

Trade creditors

Trade creditors are recognised at the transaction price.

Bianchi Cousins Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Employee benefits
The costs of short-term employee benefits are recognised as a liability and an expense.

The cost of any unused holiday entitlement is recognised in the period in which the employees' services are received.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 9 (2025 - 10).

Bianchi Cousins Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

4

Taxation

Deferred tax

Deferred tax assets and liabilities

2026	Liability £
	8,000

5	Tangible fixed assets

	Short leasehold improvements  £	Kitchen equipment  £	Office and IT equipment £	Total £
Cost
At 1 February 2025	157,870	47,064	2,773	207,707
Additions	-	794	-	794
At 31 January 2026	157,870	47,858	2,773	208,501
Depreciation
At 1 February 2025	82,696	38,527	1,659	122,882
Charge for the year	16,955	2,930	694	20,579
At 31 January 2026	99,651	41,457	2,353	143,461
Carrying amount
At 31 January 2026	58,219	6,401	420	65,040
At 31 January 2025	75,174	8,537	1,114	84,825

Bianchi Cousins Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

6	Debtors: amounts falling due within one year

	Note	2026 £	2025 £
Trade debtors		5,606	470
Amounts owed by related parties	11	217,975	95,527
Other debtors		22,364	13,811
Prepayments		3,010	5,052
		248,955	114,860

7

Creditors

	Note	2026 £	2025 £
Amounts falling due within one year
Loans and borrowings	9	38,474	10,000
Trade creditors		24,544	21,613
Amounts owed to related parties	11	159,935	-
Taxation and social security		36,675	70,168
Other creditors		35,555	34,962
Accruals		6,685	4,650
Directors' loan accounts	9	71,312	89,334
Corporation tax		1,689	-
		374,869	230,727

	Note	2026 £	2025 £
Due after one year
Loans and borrowings	9	6,346	73,846