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REGISTERED NUMBER: 04959433 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

BRECKON & BRECKON (LETTING &
MANAGEMENT) LTD

BRECKON & BRECKON (LETTING &
MANAGEMENT) LTD (REGISTERED NUMBER: 04959433)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BRECKON & BRECKON (LETTING &
MANAGEMENT) LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: G J Barnes
K Stacey
D F Wright





REGISTERED OFFICE: Twining House
294 Banbury Road
Summertown
Oxfordshire
OX2 7ED





REGISTERED NUMBER: 04959433 (England and Wales)





ACCOUNTANTS: Jamesons Limited
Jamesons House
Compton Way
Witney
OX28 3AB

BRECKON & BRECKON (LETTING &
MANAGEMENT) LTD (REGISTERED NUMBER: 04959433)

BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 40,828 54,593
Tangible assets 5 122,745 158,282
Investments 6 748,385 -
911,958 212,875

CURRENT ASSETS
Debtors 7 244,294 664,112
Cash at bank 174,078 33,678
418,372 697,790
CREDITORS
Amounts falling due within one year 8 647,646 810,049
NET CURRENT LIABILITIES (229,274 ) (112,259 )
TOTAL ASSETS LESS CURRENT LIABILITIES 682,684 100,616

CREDITORS
Amounts falling due after more than one
year

9

(513,227

)

(12,237

)

PROVISIONS FOR LIABILITIES (29,319 ) (28,716 )
NET ASSETS 140,138 59,663

CAPITAL AND RESERVES
Called up share capital 10 99 99
Retained earnings 140,039 59,564
SHAREHOLDERS' FUNDS 140,138 59,663

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

BRECKON & BRECKON (LETTING &
MANAGEMENT) LTD (REGISTERED NUMBER: 04959433)

BALANCE SHEET - continued
31 MARCH 2025


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 August 2025 and were signed on its behalf by:





G J Barnes - Director


BRECKON & BRECKON (LETTING &
MANAGEMENT) LTD (REGISTERED NUMBER: 04959433)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1. STATUTORY INFORMATION

Breckon & Breckon (Letting & Management) 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

These financial statements have been prepared on a going concern basis even though the company has net current liabilities at 31 March 2025 of £229,274 (2024 - £112,259).

The validity of the going concern principle is dependant upon the company continuing to trade at a profit and the continued support of the company's creditors.

If the company was unable to continue trading, adjustments would have to be made to reduce the balance sheet value of the assets to their recoverable amounts, reclassify fixed assets as current assets and to provide for further liabilities that might arise.

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, being the amount paid in connection with the acquisition of a business in 2018, is being amortised evenly over its estimated useful life of ten 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.

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 - in accordance with the property
Plant and machinery - Straight line over 10 years
Fixtures and fittings - Straight line over 10 years
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred 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 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.

BRECKON & BRECKON (LETTING &
MANAGEMENT) LTD (REGISTERED NUMBER: 04959433)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

2. ACCOUNTING POLICIES - continued

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 25 (2024 - 25 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2024
and 31 March 2025 185,884
AMORTISATION
At 1 April 2024 131,291
Charge for year 13,765
At 31 March 2025 145,056
NET BOOK VALUE
At 31 March 2025 40,828
At 31 March 2024 54,593

BRECKON & BRECKON (LETTING &
MANAGEMENT) LTD (REGISTERED NUMBER: 04959433)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and Computer
property machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1 April 2024 32,949 46,661 290,469 234,606 604,685
Additions - - - 9,418 9,418
At 31 March 2025 32,949 46,661 290,469 244,024 614,103
DEPRECIATION
At 1 April 2024 24,812 38,998 198,128 184,465 446,403
Charge for year 2,034 1,916 13,821 27,184 44,955
At 31 March 2025 26,846 40,914 211,949 211,649 491,358
NET BOOK VALUE
At 31 March 2025 6,103 5,747 78,520 32,375 122,745
At 31 March 2024 8,137 7,663 92,341 50,141 158,282

6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
Additions 748,385
At 31 March 2025 748,385
NET BOOK VALUE
At 31 March 2025 748,385

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 11,802 28,246
Other debtors 232,492 635,866
244,294 664,112

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 10,468 10,213
Trade creditors 241,198 249,268
Taxation and social security 228,183 188,002
Other creditors 167,797 362,566
647,646 810,049

BRECKON & BRECKON (LETTING &
MANAGEMENT) LTD (REGISTERED NUMBER: 04959433)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025 2024
£    £   
Bank loans 1,769 12,237
Other creditors 511,458 -
513,227 12,237

10. CALLED UP SHARE CAPITAL



Number: Class: Nominal 2025 2024
value: £ £

33 A Ordinary £1 33 33
33 B Ordinary £1 33 33
33 C Ordinary £1 33 33
99 99


11. OTHER FINANCIAL COMMITMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025 2024
£ £
Within one year54,34042,857
Between one and five years12,41062,954
66,751 105,812

12. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors' subsisted during the years ended 31 March 2025 and
31 March 2024:

20252024
££

Balance outstanding at start of year185,496185,496
Amounts advanced96,96044,886
Amounts repaid(204,312)(51,989)
Amounts written off--
Amounts waived--
Balance outstanding at end of the year71,042178,397