Company registration number 2902648 (England and Wales)
W H BREADING & SON (ESTATE AGENTS) LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025
PAGES FOR FILING WITH REGISTRAR
W H BREADING & SON (ESTATE AGENTS) LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 5
W H BREADING & SON (ESTATE AGENTS) LIMITED
BALANCE SHEET
AS AT
31 JANUARY 2025
31 January 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
44
54
Current assets
Debtors
2,405
-
0
Cash at bank and in hand
11,784
32,928
14,189
32,928
Creditors: amounts falling due within one year
(3,122)
(3,667)
Net current assets
11,067
29,261
Total assets less current liabilities
11,111
29,315
Creditors: amounts falling due after more than one year
(833)
(2,810)
Net assets
10,278
26,505
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
10,178
26,405
Total equity
10,278
26,505

In accordance with section 444 of the Companies Act 2006, all of the members of the company have consented to the preparation of abridged financial statements pursuant to paragraph 1A of Schedule 1 to the Small Companies and Groups (Accounts and Directors’ Report) Regulations (SI 2008/409)(b).

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

For the financial year ended 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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.

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.

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

W H BREADING & SON (ESTATE AGENTS) LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 JANUARY 2025
31 January 2025
- 2 -
The financial statements were approved by the board of directors and authorised for issue on 1 October 2025 and are signed on its behalf by:
Mr I Murray
Mr D J MacKinnon
Director
Director
Company registration number 2902648 (England and Wales)
W H BREADING & SON (ESTATE AGENTS) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025
- 3 -
1
Accounting policies
Company information

W H Breading & Son (Estate Agents) Limited is a private company limited by shares incorporated in England and Wales. The registered office is 18/20 Canterbury Road, Whitstable, Kent, CT5 4EY.

1.1
Accounting convention

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, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

1.2
Turnover

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

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 it is probable will be recover ed.

1.3
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.

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:

Fixtures and fittings
20% on reducing balance

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.

1.4
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

W H BREADING & SON (ESTATE AGENTS) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2025
1
Accounting policies
(Continued)
- 4 -
1.5
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

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.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

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.

1.6
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was 4 (2024 - 4).

2025
2024
Number
Number
Total
4
4
W H BREADING & SON (ESTATE AGENTS) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2025
- 5 -
3
Tangible fixed assets
Total
£
Cost
At 1 February 2024 and 31 January 2025
24,604
Depreciation and impairment
At 1 February 2024
24,550
Depreciation charged in the year
10
At 31 January 2025
24,560
Carrying amount
At 31 January 2025
44
At 31 January 2024
54
2025-01-31 2024-02-01 false false false 01 October 2025 CCH Software CCH Accounts Production 2025.200 No description of principal activity Mr Ian Murray Mr Duncan James MacKinnon 2902648 2024-02-01 2025-01-31 2902648 2025-01-31 2902648 2024-01-31 2902648 core:CurrentFinancialInstruments core:WithinOneYear 2025-01-31 2902648 core:CurrentFinancialInstruments core:WithinOneYear 2024-01-31 2902648 core:Non-currentFinancialInstruments core:AfterOneYear 2025-01-31 2902648 core:Non-currentFinancialInstruments core:AfterOneYear 2024-01-31 2902648 core:ShareCapital 2025-01-31 2902648 core:ShareCapital 2024-01-31 2902648 core:RetainedEarningsAccumulatedLosses 2025-01-31 2902648 core:RetainedEarningsAccumulatedLosses 2024-01-31 2902648 bus:Director1 2024-02-01 2025-01-31 2902648 bus:Director2 2024-02-01 2025-01-31 2902648 core:FurnitureFittings 2024-02-01 2025-01-31 2902648 2023-02-01 2024-01-31 2902648 2024-01-31 2902648 bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 2902648 bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 2902648 bus:FRS102 2024-02-01 2025-01-31 2902648 bus:AuditExemptWithAccountantsReport 2024-02-01 2025-01-31 2902648 bus:FullAccounts 2024-02-01 2025-01-31 xbrli:pure xbrli:shares iso4217:GBP