REGISTERED NUMBER: 06451901 (England and Wales)

BREEZE FARMS LTD

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs J E Breeze

Mr C A Breeze

SECRETARY:

Mr C A Breeze

REGISTERED OFFICE:

Blaenpibydd Farm

Cilrhedyn

Llanfyrnach

Pembrokeshire

SA35 0AD

REGISTERED NUMBER:

06451901 (England and Wales)

ACCOUNTANTS:

D M B Davies Limited

Broyan House

Priory Street

Cardigan

Ceredigion

SA43 1BZ

BANKERS:

Lloyds Bank plc

Victoria Place

Haverfordwest

Pembrokeshire

SA61 2JX

FIXED ASSETS

Tangible assets

4

519,181

512,897

CURRENT ASSETS

Stocks

507,683

549,040

Debtors

5

45,295

27,495

Investments

6

42,127

42,127

595,105

618,662

CREDITORS

Amounts falling due within one year

7

996,596

1,018,274

NET CURRENT LIABILITIES

(401,491

)

(399,612

)

TOTAL ASSETS LESS CURRENT LIABILITIES

117,690

113,285

CREDITORS

Amounts falling due after more than one year

8

(101,993

)

(59,514

)

PROVISIONS FOR LIABILITIES

(23,423

)

(32,744

)

NET (LIABILITIES)/ASSETS

(7,726

)

21,027

CAPITAL AND RESERVES

Called up share capital

40

40

Revaluation reserve

9

130,090

130,090

Retained earnings

(137,856

)

(109,103

)

SHAREHOLDERS' FUNDS

(7,726

)

21,027

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 27 November 2025 and were signed on its behalf by:

Mr C A Breeze - Director

1.	STATUTORY INFORMATION

Breeze Farms Ltd 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.

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 each asset over its estimated useful life.

Plant and machinery etc

-

20% on reducing balance, 10% on reducing balance and at variable rates on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

to

Plant and

Motor

Computer

property

machinery

vehicles

equipment

Totals

£

£

£

£

£

COST OR VALUATION

At 1 April 2024

175,809

922,235

18,972

1,300

1,118,316

Additions

-

36,004

29,390

-

65,394

Disposals

-

(2,000

)

(7,800

)

-

(9,800

)

At 31 March 2025

175,809

956,239

40,562

1,300

1,173,910

DEPRECIATION

At 1 April 2024

49,089

540,450

15,242

638

605,419

Charge for year

2,534

41,580

5,064

132

49,310

At 31 March 2025

51,623

582,030

20,306

770

654,729

NET BOOK VALUE

At 31 March 2025

124,186

374,209

20,256

530

519,181

At 31 March 2024

126,720

381,785

3,730

662

512,897

Cost or valuation at 31 March 2025 is represented by:

Improvements

to

Plant and

Motor

Computer

property

machinery

vehicles

equipment

Totals

£

£

£

£

£

Valuation in 2021

-

130,090

-

-

130,090

Cost

175,809

826,149

40,562

1,300

1,043,820

175,809

956,239

40,562

1,300

1,173,910

Plant and machinery was revalued at 31 March 2021 by the Directors at a market value of £424,500.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

24,293

20,537

Other debtors

21,002

6,958

45,295

27,495

6.	CURRENT ASSET INVESTMENTS

2025

2024

£

£

Arla Foods investment

42,127

42,127

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

114,538

143,646

Hire purchase contracts

24,771

29,693

Trade creditors

190,578

179,540

Other creditors

666,709

665,395

996,596

1,018,274

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

36,563

-

Hire purchase contracts

65,430

59,514

101,993

59,514

9.

RESERVES

Revaluation

reserve

£

At 1 April 2024

and 31 March 2025

130,090

10.	RELATED PARTY DISCLOSURES

11.	ULTIMATE CONTROLLING PARTY