IRIS Accounts Production v23.2.0.158 06883273 director 1.7.22 30.6.23 30.6.23 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh068832732022-06-30068832732023-06-30068832732022-07-012023-06-30068832732021-06-30068832732021-07-012022-06-30068832732022-06-3006883273ns10:Originalns15:EnglandWales2022-07-012023-06-3006883273ns14:PoundSterlingns10:Original2022-07-012023-06-3006883273ns10:Originalns10:Director12022-07-012023-06-3006883273ns10:Original2022-07-012023-06-3006883273ns10:Original2023-06-3006883273ns10:Originalns10:PrivateLimitedCompanyLtd2022-07-012023-06-3006883273ns10:Originalns10:SmallEntities2022-07-012023-06-3006883273ns10:Originalns10:AuditExempt-NoAccountantsReport2022-07-012023-06-3006883273ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-07-012023-06-3006883273ns10:SmallCompaniesRegimeForAccountsns10:Original2022-07-012023-06-3006883273ns10:Originalns10:FullAccounts2022-07-012023-06-3006883273ns10:Original12022-07-012023-06-3006883273ns10:Originalns10:OrdinaryShareClass12022-07-012023-06-3006883273ns10:Originalns10:RegisteredOffice2022-07-012023-06-3006883273ns10:Original2022-06-3006883273ns10:Originalns5:CurrentFinancialInstruments2023-06-3006883273ns10:Originalns5:CurrentFinancialInstruments2022-06-3006883273ns10:Originalns5:Non-currentFinancialInstruments2023-06-3006883273ns10:Originalns5:Non-currentFinancialInstruments2022-06-3006883273ns5:ShareCapitalns10:Original2023-06-3006883273ns5:ShareCapitalns10:Original2022-06-3006883273ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-06-3006883273ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-06-3006883273ns10:Originalns5:NetGoodwill2022-07-012023-06-3006883273ns5:IntangibleAssetsOtherThanGoodwillns10:Original2022-07-012023-06-3006883273ns10:Originalns5:ComputerSoftware2022-07-012023-06-3006883273ns10:Originalns5:LeaseholdImprovements2022-07-012023-06-3006883273ns10:Originalns5:PlantMachinery2022-07-012023-06-3006883273ns10:Originalns5:FurnitureFittings2022-07-012023-06-3006883273ns10:Originalns5:MotorVehicles2022-07-012023-06-3006883273ns10:Originalns5:ComputerEquipment2022-07-012023-06-3006883273ns10:Original2021-07-012022-06-3006883273ns10:Originalns5:NetGoodwill2022-06-3006883273ns5:IntangibleAssetsOtherThanGoodwillns10:Original2022-06-3006883273ns10:Original2022-06-3006883273ns10:Originalns5:NetGoodwill2023-06-3006883273ns5:IntangibleAssetsOtherThanGoodwillns10:Original2023-06-3006883273ns10:Originalns5:NetGoodwill2022-06-3006883273ns5:IntangibleAssetsOtherThanGoodwillns10:Original2022-06-3006883273ns10:Originalns5:PlantMachinery2022-06-3006883273ns10:Originalns5:PlantMachinery2023-06-3006883273ns10:Originalns5:PlantMachinery2022-06-3006883273ns10:Originalns5:LeasedAssetsHeldAsLessee2022-07-012023-06-3006883273ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-06-3006883273ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-06-3006883273ns5:Securedns10:Original2023-06-3006883273ns5:Securedns10:Original2022-06-3006883273ns10:Originalns10:OrdinaryShareClass12023-06-30
REGISTERED NUMBER: 06883273 (England and Wales)











FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2023

FOR

BREAKTIME GROUP LTD

BREAKTIME GROUP LTD (REGISTERED NUMBER: 06883273)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BREAKTIME GROUP LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2023







DIRECTOR: J M Kears





REGISTERED OFFICE: Unit 3 Brewery Close
Melmerby
RIPON
North Yorkshire
HG4 5NL





REGISTERED NUMBER: 06883273 (England and Wales)





ACCOUNTANTS: Lloyd Dowson Limited
Medina House
2 Station Avenue
Bridlington
East Yorkshire
YO16 4LZ

BREAKTIME GROUP LTD (REGISTERED NUMBER: 06883273)

BALANCE SHEET
30 JUNE 2023

30.6.23 30.6.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 76,780 86,605
Tangible assets 5 606,524 537,794
683,304 624,399

CURRENT ASSETS
Stocks 122,527 93,606
Debtors 6 215,158 349,882
Cash at bank and in hand 99,858 170,976
437,543 614,464
CREDITORS
Amounts falling due within one year 7 552,220 566,142
NET CURRENT (LIABILITIES)/ASSETS (114,677 ) 48,322
TOTAL ASSETS LESS CURRENT
LIABILITIES

568,627

672,721

CREDITORS
Amounts falling due after more than one
year

8

420,540

530,577
NET ASSETS 148,087 142,144

CAPITAL AND RESERVES
Called up share capital 10 10 10
Retained earnings 148,077 142,134
SHAREHOLDERS' FUNDS 148,087 142,144

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

BREAKTIME GROUP LTD (REGISTERED NUMBER: 06883273)

BALANCE SHEET - continued
30 JUNE 2023


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 director and authorised for issue on 16 November 2023 and were signed by:





J M Kears - Director


BREAKTIME GROUP LTD (REGISTERED NUMBER: 06883273)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

1. STATUTORY INFORMATION

Breaktime Group 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill was acquired in 2009, 2011 and 2017. All goodwill is written off over its estimated economic useful life of 20 years.

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.

Website is being amortised evenly over its estimated useful life of four years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 2% on cost
On site equipment - 10% on reducing balance
Fixtures & equipment - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 15% on reducing balance

The property improvements have not been depreciated as they were required to maintain the property at it's market value.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is 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.

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.

BREAKTIME GROUP LTD (REGISTERED NUMBER: 06883273)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2022 - 14 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
Goodwill assets Totals
£    £    £   
COST
At 1 July 2022
and 30 June 2023 127,160 17,333 144,493
AMORTISATION
At 1 July 2022 54,421 3,467 57,888
Charge for year 6,358 3,467 9,825
At 30 June 2023 60,779 6,934 67,713
NET BOOK VALUE
At 30 June 2023 66,381 10,399 76,780
At 30 June 2022 72,739 13,866 86,605

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2022 1,003,336
Additions 175,183
Disposals (66,866 )
At 30 June 2023 1,111,653
DEPRECIATION
At 1 July 2022 465,542
Charge for year 80,887
Eliminated on disposal (41,300 )
At 30 June 2023 505,129
NET BOOK VALUE
At 30 June 2023 606,524
At 30 June 2022 537,794

The net book value of tangible fixed assets includes £158,056 (2022 : £113,951) in respect of assets held under finance leases or hire purchase contracts.

BREAKTIME GROUP LTD (REGISTERED NUMBER: 06883273)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Trade debtors 74,979 92,497
Other debtors 140,179 257,385
215,158 349,882

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Bank loans and overdrafts 104,456 72,816
Hire purchase contracts 49,546 42,202
Trade creditors 245,126 252,391
Taxation and social security 61,635 89,396
Other creditors 91,457 109,337
552,220 566,142

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.23 30.6.22
£    £   
Bank loans 236,920 196,774
Hire purchase contracts 106,720 77,940
Other creditors 76,900 255,863
420,540 530,577

9. SECURED DEBTS

The following secured debts are included within creditors:

30.6.23 30.6.22
£    £   
Bank loans 341,376 269,590
Hire purchase contracts 156,266 120,142
497,642 389,732

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.23 30.6.22
value: £    £   
10 Ordinary £1 10 10