REGISTERED NUMBER: 12424558 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

BREACH INVESTMENTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

N Breach

Mrs L P K Breach

REGISTERED OFFICE:

Preston Park House

South Road

Brighton

East Sussex

BN1 6SB

REGISTERED NUMBER:

12424558 (England and Wales)

ACCOUNTANTS:

Plus Accounting

Chartered Accountants

Preston Park House

South Road

Brighton

East Sussex

BN1 6SB

FIXED ASSETS

Tangible assets

4

-

57,500

Investment property

5

1,928,504

1,521,600

1,928,504

1,579,100

CURRENT ASSETS

Debtors

6

23,260

35,950

Cash at bank

1,715

5,668

24,975

41,618

CREDITORS

Amounts falling due within one year

7

(1,267,512

)

(1,420,649

)

NET CURRENT LIABILITIES

(1,242,537

)

(1,379,031

)

TOTAL ASSETS LESS CURRENT LIABILITIES

685,967

200,069

CAPITAL AND RESERVES

Called up share capital

100

100

Revaluation reserve

8

406,904

-

Retained earnings

278,963

199,969

685,967

200,069

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.

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 1 September 2025 and were signed on its behalf by:

N Breach - Director

1.	STATUTORY INFORMATION

Breach Investments Limited 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 as modified by the revaluation of certain assets.

Turnover

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

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

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.

Going concern

The directors have a reasonable expectation that the company has adequate resources to continue in existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

57,500

Disposals

(57,500

)

At 31 March 2025

-

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

57,500

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

1,521,600

Revaluations

406,904

At 31 March 2025

1,928,504

NET BOOK VALUE

At 31 March 2025

1,928,504

At 31 March 2024

1,521,600

Fair value at 31 March 2025 is represented by:

£

Cost

1,928,504

The directors have considered the fair value of the investment properties and overall their considered market value is not materially different to the purchased costs and is representative of the market value.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

-

5,273

Other debtors

23,260

30,677

23,260

35,950

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

18,585

20,547

Amounts owed to group undertakings

66,738

59,092

Taxation and social security

46,825

45,239

Other creditors

1,135,364

1,295,771

1,267,512

1,420,649

8.

RESERVES

Revaluation

reserve

£

Revaluations

406,904

At 31 March 2025

406,904

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

As at the balance sheet date the company owed the director, N Breach, £504,751(2024: £604,001) The balance is unsecured, interest free and has no set repayment terms.

As at the balance sheet date the company owed the director, L Breach, £487,024 (2024: £586,274). The balance is unsecured, interest free and has no set repayment terms

10.	RELATED PARTY DISCLOSURES

Included within the accounts is an intercompany balance £66,145 (2024: £59,092) owed to Accurate Die Cast Limited, a company where Mr N Breach is also a director and shareholder. The amount outstanding is not subject to interest and is repayable on demand.