Company registration number 13982331 (England and Wales)
BREEOSH LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
PAGES FOR FILING WITH REGISTRAR
BREEOSH LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 6
BREEOSH LTD
BALANCE SHEET
AS AT 31 MARCH 2024
31 March 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
4
6,779
-
0
Current assets
Stocks
5,000
-
Debtors
5
25,036
-
0
Cash at bank and in hand
30,794
2
60,830
2
Creditors: amounts falling due within one year
6
(51,861)
-
Net current assets
8,969
2
Total assets less current liabilities
15,748
2
Provisions for liabilities
(151)
-
0
Net assets
15,597
2
Capital and reserves
Called up share capital
7
2
2
Profit and loss reserves
15,595
-
0
Total equity
15,597
2

For the financial Year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the Year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 16 September 2025 and are signed on its behalf by:
Mr S Jones
Director
Company registration number 13982331 (England and Wales)
BREEOSH LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
- 2 -
1
Accounting policies
Company information

Breeosh Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 109 High Street, Mosborough, Sheffield, South Yorkshire, S20 5AF.

1.1
Reporting period

For the period ended March 2023 the reporting period was longer due to the incorporation date of 16 March 2022. The entity has presented a set of financial statements for year ended 31 March 2024 where the reporting period is one year. However, the trade did not commence until month six of the reporting year. Therefore the comparative amounts presented in the financial statements (including the related notes) are not entirely comparable.

1.2
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.3
Turnover

Revenue comprises sales of goods or services provided to customers net of value added tax and other sales taxes, less an appropriate deduction for actual and expected returns and discounts. Revenue is recognised when performance obligations are satisfied and the control of goods or services is transferred to the buyer. Where the performance obligation is satisfied over time, revenue is recognised in accordance with its progress towards complete satisfaction of that performance obligation.

When cash inflows are deferred and represent a financing arrangement, the promised consideration is adjusted for the effects of the time value of money, which is recognised as interest income.

The nature, timing of satisfaction of performance obligations and significant payment terms of the company's major sources of revenue are as follows:

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that are recover able.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

BREEOSH LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
1
Accounting policies
(Continued)
- 3 -

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and equipment
15% Straight Line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.5
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.

If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.

1.6
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

Stocks held for distribution at no or nominal consideration are measured at the lower of cost and replacement cost, adjusted where applicable for any loss of service potential.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

1.7
Financial instruments
Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

BREEOSH LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
1
Accounting policies
(Continued)
- 4 -
Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.8
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.9
Leases
As lessee

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease s asset are consumed.

BREEOSH LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
- 5 -
2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Employees

The average monthly number of persons (including directors) employed by the company during the Year was:

2024
2023
Number
Number
Total
2
0
4
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 April 2023
-
0
Additions
7,975
At 31 March 2024
7,975
Depreciation and impairment
At 1 April 2023
-
0
Depreciation charged in the Year
1,196
At 31 March 2024
1,196
Carrying amount
At 31 March 2024
6,779
At 31 March 2023
-
0
5
Debtors
2024
2023
Amounts falling due within one year:
£
£
Other debtors
25,036
-
0
BREEOSH LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
5
Debtors
(Continued)
- 6 -

Other Debtors Consists Of: Taxation and Social Security Recoverable £4,195 (2023: NIL), Prepayments £2,295 (2023: NIL), Other Debtors £1,976 (2023: NIL), Amounts Due From Related Parties £16,570 (2032; NIL).

6
Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
20,456
-
0
Taxation and social security
3,710
-
0
Other creditors
27,695
-
0
51,861
-
0

Other Creditors Consists Of: Directors Current Accounts £23,768 (2023: NIL), Accruals £3,927 (2023: NIL).

7
Called up share capital
2024
2023
2024
2023
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary Shares of £1 each
2
2
2
2
2024-03-31 2023-04-01 false false false 16 September 2025 CCH Software CCH Accounts Production 2025.200 No description of principal activity Mr S Jones Miss E Murina V Nikulshina 13982331 2023-04-01 2024-03-31 13982331 2024-03-31 13982331 2023-03-31 13982331 core:OtherPropertyPlantEquipment 2024-03-31 13982331 core:OtherPropertyPlantEquipment 2023-03-31 13982331 core:ShareCapital 2024-03-31 13982331 core:ShareCapital 2023-03-31 13982331 core:RetainedEarningsAccumulatedLosses 2024-03-31 13982331 core:RetainedEarningsAccumulatedLosses 2023-03-31 13982331 core:ShareCapitalOrdinaryShareClass1 2024-03-31 13982331 core:ShareCapitalOrdinaryShareClass1 2023-03-31 13982331 bus:Director1 2023-04-01 2024-03-31 13982331 core:PlantMachinery 2023-04-01 2024-03-31 13982331 2022-03-16 2023-03-31 13982331 core:OtherPropertyPlantEquipment 2023-03-31 13982331 core:OtherPropertyPlantEquipment 2023-04-01 2024-03-31 13982331 core:WithinOneYear 2024-03-31 13982331 core:WithinOneYear 2023-03-31 13982331 core:CurrentFinancialInstruments 2024-03-31 13982331 core:CurrentFinancialInstruments 2023-03-31 13982331 bus:OrdinaryShareClass1 2023-04-01 2024-03-31 13982331 bus:OrdinaryShareClass1 2024-03-31 13982331 bus:OrdinaryShareClass1 2023-03-31 13982331 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 13982331 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 13982331 bus:FRS102 2023-04-01 2024-03-31 13982331 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 13982331 bus:Director2 2023-04-01 2024-03-31 13982331 bus:Director3 2023-04-01 2024-03-31 13982331 bus:FullAccounts 2023-04-01 2024-03-31 xbrli:pure xbrli:shares iso4217:GBP