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Registration number: 06653738

Nicholas Breese Building Limited
Annual Report and Unaudited Financial Statements Year Ended 31 July 2025

Chartered Accountants

Nicholas Breese Building Limited

Contents

Company Information | 1
Accountants' Report | 2
Balance Sheet | 3
Notes to the Unaudited Financial Statements | 4 to 8

Nicholas Breese Building Limited

Company Information

Directors | Mr N Breese Mrs S Breese

Company secretary | Mrs S Breese

Registered office | 1 Northwood Cottages Ram's Hill Manston STURMINSTER NEWTON Dorset DT10 1HD

Accountants | Edwards & Keeping Limited Chartered Accountants Unity Chambers 34 High East Street Dorchester Dorset DT1 1HA

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Nicholas Breese Building Limitedfor the Year Ended 31 July 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Nicholas Breese Building Limited for the year ended 31 July 2025 as set out on pages 3 to 8 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of Nicholas Breese Building Limited, as a body, in accordance with the terms of our engagement letter dated 14 August 2024. Our work has been undertaken solely to prepare for your approval the accounts of Nicholas Breese Building Limited and state those matters that we have agreed to state to the Board of Directors of Nicholas Breese Building Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Nicholas Breese Building Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Nicholas Breese Building Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Nicholas Breese Building Limited. You consider that Nicholas Breese Building Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Nicholas Breese Building Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

Edwards & Keeping Limited
Chartered Accountants
Unity Chambers
34 High East Street
Dorchester
Dorset
DT1 1HA

6 November 2025

Nicholas Breese Building Limited

(Registration number: 06653738)
Balance Sheet as at 31 July 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |  |  |
Tangible assets | 5 |  | 3,185 |  | 4,315
Current assets |  |  |  |  |
Debtors | 6 | 3,052 |  | 8,116 |
Cash at bank and in hand |  | 122 |  | 40 |
|  | 3,174 |  | 8,156 |
Creditors: Amounts falling due within one year | 7 | (6,170) |  | (6,848) |
Net current (liabilities)/assets |  |  | (2,996) |  | 1,308
Total assets less current liabilities |  |  | 189 |  | 5,623
Creditors: Amounts falling due after more than one year | 7 |  | - |  | (1,560)
Net assets |  |  | 189 |  | 4,063
Capital and reserves |  |  |  |  |
Called up share capital | 8 | 100 |  | 100 |
Retained earnings |  | 89 |  | 3,963 |
Shareholders' funds |  |  | 189 |  | 4,063

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

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 3 November 2025 and signed on its behalf by:

Mr N Breese
Director

Nicholas Breese Building Limited

Notes to the Unaudited Financial Statements
for the Year Ended 31 July 2025

1 | General information

The company is a private company limited by share capital, incorporated in UK.

The address of its registered office is:
1 Northwood Cottages
Ram's Hill
Manston
STURMINSTER NEWTON
Dorset
DT10 1HD

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements show a net current liability, however, the financial statements have been prepared on a going concern basis as the directors confirm they will support the company to ensure it meets its debts as they fall due and non repayment of their loans within twelve months of signing the balance sheet.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Nicholas Breese Building Limited

Notes to the Unaudited Financial Statements
for the Year Ended 31 July 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Plant and equipment | 25% reducing balance
Motor vehicles | 25% reducing balance

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class | Amortisation method and rate
Goodwill | 3 years straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Nicholas Breese Building Limited

Notes to the Unaudited Financial Statements
for the Year Ended 31 July 2025

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

4 | Intangible assets

| Goodwill £ | Total £
Cost or valuation
At 1 August 2024 | 5,000 | 5,000
At 31 July 2025 | 5,000 | 5,000
Amortisation
At 1 August 2024 | 5,000 | 5,000
At 31 July 2025 | 5,000 | 5,000
Carrying amount
At 31 July 2025 | - | -

Nicholas Breese Building Limited

Notes to the Unaudited Financial Statements
for the Year Ended 31 July 2025

5 | Tangible assets

| Plant and equipment £ | Motor vehicles £ | Total £
Cost or valuation
At 1 August 2024 | 14,303 | 20,363 | 34,666
Disposals | - | (7,650) | (7,650)
At 31 July 2025 | 14,303 | 12,713 | 27,016
Depreciation
At 1 August 2024 | 13,044 | 17,307 | 30,351
Charge for the year | 309 | 745 | 1,054
Eliminated on disposal | - | (7,574) | (7,574)
At 31 July 2025 | 13,353 | 10,478 | 23,831
Carrying amount
At 31 July 2025 | 950 | 2,235 | 3,185
At 31 July 2024 | 1,259 | 3,056 | 4,315

6 | Debtors

Current | 2025 £ | 2024 £
Other debtors | 3,052 | 8,116
| 3,052 | 8,116

7 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings |  | 5,570 | 5,590
Taxation and social security |  | - | 694
Accruals and deferred income |  | 600 | 564
|  | 6,170 | 6,848

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings |  | - | 1,560

8 | Share capital

Allotted, called up and fully paid shares

Nicholas Breese Building Limited

Notes to the Unaudited Financial Statements
for the Year Ended 31 July 2025

| 2025 | 2024
| No. | £ | No. | £
100 Ordinary shares of £1 each | 100 | 100 | 100 | 100

9 | Dividends

Interim dividends paid

|  | 2025 £ |  | 2024 £
Interim dividend of 2,500.00 (2024 - Nil) per each Dividend |  | 2,500 |  | -

10 | Parent and ultimate parent undertaking

The ultimate controlling party is Mr N Breese who owns 70% of the share capital.