IRIS Accounts Production v22.1.4.3 11298365 Board of Directors 1.4.21 31.3.22 31.3.22 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure112983652021-03-31112983652022-03-31112983652021-04-012022-03-31112983652020-03-31112983652020-04-012021-03-31112983652021-03-3111298365ns16:EnglandWales2021-04-012022-03-3111298365ns15:PoundSterling2021-04-012022-03-3111298365ns11:Director12021-04-012022-03-3111298365ns11:PrivateLimitedCompanyLtd2021-04-012022-03-3111298365ns11:SmallEntities2021-04-012022-03-3111298365ns11:AuditExempt-NoAccountantsReport2021-04-012022-03-3111298365ns11:SmallCompaniesRegimeForDirectorsReport2021-04-012022-03-3111298365ns11:SmallCompaniesRegimeForAccounts2021-04-012022-03-3111298365ns11:AbridgedAccounts2021-04-012022-03-311129836512021-04-012022-03-3111298365ns11:Director22021-04-012022-03-3111298365ns11:RegisteredOffice2021-04-012022-03-3111298365ns6:CurrentFinancialInstruments2022-03-3111298365ns6:CurrentFinancialInstruments2021-03-3111298365ns6:Non-currentFinancialInstruments2022-03-3111298365ns6:Non-currentFinancialInstruments2021-03-3111298365ns6:ShareCapital2022-03-3111298365ns6:ShareCapital2021-03-3111298365ns6:RetainedEarningsAccumulatedLosses2022-03-3111298365ns6:RetainedEarningsAccumulatedLosses2021-03-3111298365ns6:IntangibleAssetsOtherThanGoodwill2021-04-012022-03-3111298365ns6:ComputerSoftware2021-04-012022-03-31
REGISTERED NUMBER: 11298365 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

FOR

BREAKLINE LTD

BREAKLINE LTD (REGISTERED NUMBER: 11298365)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 March 2022










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


BREAKLINE LTD

COMPANY INFORMATION
For The Year Ended 31 March 2022







DIRECTORS: N Stankova
A Thomas





REGISTERED OFFICE: Austen House
Units A-J Station View
Guildford
Surrey
GU1 4AR





REGISTERED NUMBER: 11298365 (England and Wales)

BREAKLINE LTD (REGISTERED NUMBER: 11298365)

ABRIDGED BALANCE SHEET
31 March 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 8,214 5,590
8,214 5,590

CURRENT ASSETS
Debtors 1,647 24,152
Cash at bank 19,683 3,596
21,330 27,748
CREDITORS
Amounts falling due within one year 22,779 14,872
NET CURRENT (LIABILITIES)/ASSETS (1,449 ) 12,876
TOTAL ASSETS LESS CURRENT LIABILITIES 6,765 18,466

CREDITORS
Amounts falling due after more than one year 6,333 8,167
NET ASSETS 432 10,299

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 332 10,199
432 10,299

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2022 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 August 2022 and were signed on its behalf by:





N Stankova - Director


BREAKLINE LTD (REGISTERED NUMBER: 11298365)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 March 2022


1. STATUTORY INFORMATION

Breakline 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.

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 sales of SEO services, content marketing, and digital pr, excluding value added tax, performed during the year.

Turnover is recognised as the right to consideration arises and adjustments are made for accrued and deferred income.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets
Tangible fixed assets are stated at cost or valuation less accumulated depreciation. Cost includes costs directly attributable to making the asset capable of operating as intended by management.

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

Office equipment - 20% reducing balance

Financial instruments
The company enters into basic financial instruments, which result in the recognition of financial assets and liabilities. Financial instruments are recognised at amortised cost. At the end of each reporting period financial instruments are assessed for evidence of impairment, and changes are recognised in profit or loss.

Taxation
Taxation for the year comprises current 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 tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods.

Consideration is given to whether deferred tax should be provided in respect of material timing differences which have not reversed at the balance sheet date. Deferred tax assets are only recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or future taxable profits.

Current tax assets and liabilities are not discounted and are 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.

Hire purchase and leasing commitments
Rentals payable under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable are charged to the profit and loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2021 - 3 ) .

BREAKLINE LTD (REGISTERED NUMBER: 11298365)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 March 2022


4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2021
and 31 March 2022 2,373
AMORTISATION
At 1 April 2021
and 31 March 2022 2,373
NET BOOK VALUE

At 31 March 2022 -
At 31 March 2021 -

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2021 9,009
Additions 4,988
Disposals (851 )
At 31 March 2022 13,146
DEPRECIATION
At 1 April 2021 3,419
Charge for year 1,722
Eliminated on disposal (209 )
At 31 March 2022 4,932
NET BOOK VALUE
At 31 March 2022 8,214
At 31 March 2021 5,590