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REGISTERED NUMBER: 11328437 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2023

for

Breedera Ltd

Breedera Ltd (Registered number: 11328437)

Contents of the Financial Statements
for the Year Ended 31 July 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Breedera Ltd

Company Information
for the Year Ended 31 July 2023







DIRECTORS: M White
C A Hill





REGISTERED OFFICE: Suite 1, The Riverside Building
Livingstone Road
Hessle
East Yorkshire
HU13 0DZ





REGISTERED NUMBER: 11328437 (England and Wales)





ACCOUNTANTS: Harris Lacey and Swain
Suite 1
The Riverside Building
Hessle
East Yorkshire
HU13 0DZ

Breedera Ltd (Registered number: 11328437)

Balance Sheet
31 July 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 5,344 -

CURRENT ASSETS
Debtors 5 118,127 4,246
Cash at bank 30,599 23,320
148,726 27,566
CREDITORS
Amounts falling due within one year 6 169,480 39,380
NET CURRENT LIABILITIES (20,754 ) (11,814 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(15,410

)

(11,814

)

CAPITAL AND RESERVES
Called up share capital 15 10
Retained earnings (15,425 ) (11,824 )
(15,410 ) (11,814 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 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.

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 1 November 2023 and were signed on its behalf by:




M White - Director


Breedera Ltd (Registered number: 11328437)

Notes to the Financial Statements
for the Year Ended 31 July 2023


1. STATUTORY INFORMATION

Breedera 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.

Revenue
Revenue is measured at the fair value of the consideration received or receivable and represents the amount receivable for goods supplied, net of returns, discounts and rebates allowed by the company and value added taxes.

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured at the fair value of the consideration received or receivable and represents the amount receivable for goods or services supplied, net of returns, discounts and rebates allowed by the company and value added taxes. The following criteria must also be met before revenue is recognised:

Rendering of services - Mobile Applications
Revenue from a contract to provide services through mobile applications is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied: The amount of revenue can be measured reliably, it is probable that the company will receive the consideration due under the contract, usually once the customer has downloaded the application, the stage of completion of the contract at the end of the reporting period can be measured reliably, and the costs incurred and the costs to complete the contract can be measured reliably.

Grants Receivable
An entity receiving (or expecting to receive) a government grant that meets the recognition criteria laid down in paragraph 24.3A of FRS 102 is required to recognise the grant based on the accrual model or the performance model.

This company recognises these on a performance model basis.

The performance model works by allowing a company to recognise a grant immediately in the profit or loss; however, there are certain criteria that have to be considered as follows:

- A grant which does not impose specified future performance-related conditions on the recipient can be recognised in income when the grant proceeds are received or receivable.

- A grant which imposes specified future performance-related conditions on the recipient is recognised in income only when the performance-related conditions are met.

- Grants which are received before the revenue recognition criteria are satisfied are recognised as a liability.

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.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Breedera Ltd (Registered number: 11328437)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023


2. ACCOUNTING POLICIES - continued

Intangible assets
Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. Amortisation is calculated, using the straight-line method, to allocate the depreciable amount of the assets to their residual values over their estimated useful lives, as follows:
- Software: 3-5 years.
- Acquired brands and trademarks: 5-10 years.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss 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 to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
Additions 5,389
At 31 July 2023 5,389
AMORTISATION
Charge for year 45
At 31 July 2023 45
NET BOOK VALUE
At 31 July 2023 5,344

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 2,478 1,770
Other debtors 115,649 2,476
118,127 4,246

Breedera Ltd (Registered number: 11328437)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 290 11,383
Taxation and social security 914 -
Other creditors 168,276 27,997
169,480 39,380