REGISTERED NUMBER: 10143379 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

BRECKON & BRECKON (SUMMERTOWN) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C Dixey

K Stacey

REGISTERED OFFICE:

Twining House

294 Banbury Road

Summertown

Oxfordshire

OX2 7ED

REGISTERED NUMBER:

10143379 (England and Wales)

ACCOUNTANTS:

Jamesons Limited

Jamesons House

Compton Way

Witney

OX28 3AB

FIXED ASSETS

Tangible assets

4

28,607

36,078

CURRENT ASSETS

Debtors

5

174,709

184,787

Cash at bank

209,191

328,517

383,900

513,304

CREDITORS

Amounts falling due within one year

6

389,732

487,678

NET CURRENT (LIABILITIES)/ASSETS

(5,832

)

25,626

TOTAL ASSETS LESS CURRENT LIABILITIES

22,775

61,704

PROVISIONS FOR LIABILITIES

6,527

8,055

NET ASSETS

16,248

53,649

CAPITAL AND RESERVES

Called up share capital

8

2

2

Retained earnings

16,246

53,647

SHAREHOLDERS' FUNDS

16,248

53,649

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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 30 September 2025 and were signed on its behalf by:

K Stacey - Director

C Dixey - Director

1.	STATUTORY INFORMATION

Breckon & Breckon (Summertown) 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.

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 each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost, 25% on reducing balance and in accordance with the property

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.

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 1 (2023 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

207,243

Additions

3,349

Disposals

(557

)

At 31 December 2024

210,035

DEPRECIATION

At 1 January 2024

171,165

Charge for year

10,523

Eliminated on disposal

(260

)

At 31 December 2024

181,428

NET BOOK VALUE

At 31 December 2024

28,607

At 31 December 2023

36,078

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

112,609

143,617

Other debtors

62,100

41,170

174,709

184,787

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

796

8,154

Taxation and social security

76,054

26,155

Other creditors

312,882

453,369

389,732

487,678

7.	LEASING AGREEMENTS

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

2024

2023

£

£

Within one year

9,755

-

Between one and five years

16,258

-

26,013

-

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

1

A Ordinary

£1

1

1

1

B Ordinary

£1

1

1

2

2

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors' subsisted during the periods ended 31 December 2024 and 31 December 2023:

2024

2023

£

£

Balance outstanding at start of year

24,323

50,409

Amounts advanced

50,566

24,460

Amounts repaid

(36,203

)

(50,546

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of the year

38,686

24,323

The advances were interest free, unsecured and repayable on demand.