Pazzo Bristol Limited

(Registration number: 14804558)
Balance Sheet as at 31 January 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	5	280,278	331,277
Current assets
Stocks		11,000	19,839
Debtors	6	63,473	33,265
Cash at bank and in hand		3,332	3,323
		77,805	56,427
Creditors: Amounts falling due within one year	7	(326,748)	(321,960)
Net current liabilities		(248,943)	(265,533)
Total assets less current liabilities		31,335	65,744
Provisions for liabilities		(12,000)	-
Net assets		19,335	65,744
Capital and reserves
Called up share capital	8	100	100
Profit and loss account		19,235	65,644
Total equity		19,335	65,744

Pazzo Bristol Limited

(Registration number: 14804558)
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 30 October 2026 and signed on its behalf by:
 

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

J H Harvey
Director

Pazzo Bristol Limited

Notes to the Unaudited Financial Statements for the Period 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 forseeable 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.

Pazzo Bristol Limited

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

Tax

The tax expense for the period comprises 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.

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 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 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:

Freehold property	over the length of the lease
Plant and machinery	25% straight-line
Furniture & fixtures	25% straight-line
Motor vehicles	25% straight-line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand.

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.

Pazzo Bristol Limited

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

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.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

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).

Pazzo Bristol Limited

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

4

Taxation

Deferred tax

Deferred tax assets and liabilities

2026	Liability £
	12,000

5	Tangible fixed assets

	Leasehold improvements £	Furniture, fittings and equipment  £	Motor vehicles  £	Plant and machinery £	Total £
Cost
At 1 February 2025	246,688	98,870	14,990	22,013	382,561
Additions	-	1,611	-	-	1,611
At 31 January 2026	246,688	100,481	14,990	22,013	384,172
Depreciation
At 1 February 2025	17,941	24,516	3,325	5,502	51,284
Charge for the year	18,506	24,856	3,745	5,503	52,610
At 31 January 2026	36,447	49,372	7,070	11,005	103,894
Carrying amount
At 31 January 2026	210,241	51,109	7,920	11,008	280,278
At 31 January 2025	228,747	74,354	11,665	16,511	331,277

6	Debtors: amounts falling due within one year

	Note	2026 £	2025 £
Trade debtors		3,765	690
Amounts owed by related parties	9	26,814	-
Prepayments		8,854	11,396
Other debtors		24,040	21,179
		63,473	33,265

Pazzo Bristol Limited

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

7

Creditors

	Note	2026 £	2025 £
Amounts falling due within one year
Trade creditors		32,204	46,318
Amounts owed to related parties	9	232,138	200,945
Taxation and social security		36,291	55,178
Other creditors		8,437	7,001
Accruals		3,463	3,803
Directors' loan accounts		14,215	8,715
		326,748	321,960

8	Share capital

Allotted, called up and fully paid shares

	2026		2025
	No.	£	No.	£
Ordinary of £1 each	100	100	100	100

Pazzo Bristol Limited

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

9	Related party transactions

Income and receivables from related parties

2026	Other related parties £
Amounts receivable from related party	26,814

2025	Other related parties £
Amounts receivable from related party	-

During the year, the company recharged staff costs of £70,000 (2025: £Nil) to related parties.

Expenditure with and payables to related parties

2026	Other related parties £
Amounts payable to related party	232,138

2025	Other related parties £
Amounts payable to related party	200,945

During the year, the company purchased goods totalling £34,784 (2025: £37,284) from a related party.