REGISTERED NUMBER: 05872679 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Breathing Space HR Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTOR:

S L Bogle

REGISTERED OFFICE:

21 Mending Rooms

Sunny Bank MIlls

83-85 Town Street, Farsley

Leeds

LS28 5UJ

REGISTERED NUMBER:

05872679 (England and Wales)

ACCOUNTANTS:

The Sanders Partnership

Chartered Accountants

19 King Street

The Civic Quarter

Wakefield

West Yorkshire

WF1 2SQ

FIXED ASSETS

Intangible assets

4

5,900

8,850

Tangible assets

5

34,906

48,623

40,806

57,473

CURRENT ASSETS

Debtors

6

71,557

75,333

Cash at bank and in hand

2,051

1,963

73,608

77,296

CREDITORS

Amounts falling due within one year

7

71,529

51,815

NET CURRENT ASSETS

2,079

25,481

TOTAL ASSETS LESS CURRENT LIABILITIES

42,885

82,954

CREDITORS

Amounts falling due after more than one year

8

(33,942

)

(44,571

)

PROVISIONS FOR LIABILITIES

9

(7,753

)

(10,920

)

NET ASSETS

1,190

27,463

CAPITAL AND RESERVES

Called up share capital

10

1

1

Retained earnings

1,189

27,462

SHAREHOLDERS' FUNDS

1,190

27,463

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 director acknowledges her 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 director and authorised for issue on 9 December 2025 and were signed by:

S L Bogle - Director

1.	STATUTORY INFORMATION

Breathing Space HR 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.

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.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of four years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

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.

Provisions

Provisions are only set up where it is probable that a present obligation exists as a result of an event prior to the balance sheet and that a payment will be required in settlement that can be estimated reliably.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 7 ) .

4.	INTANGIBLE FIXED ASSETS

Development

costs

£

COST

At 1 April 2024

and 31 March 2025

11,800

AMORTISATION

At 1 April 2024

2,950

Amortisation for year

2,950

At 31 March 2025

5,900

NET BOOK VALUE

At 31 March 2025

5,900

At 31 March 2024

8,850

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2024

1,471

55,850

12,078

69,399

Disposals

-

-

(2,506

)

(2,506

)

At 31 March 2025

1,471

55,850

9,572

66,893

DEPRECIATION

At 1 April 2024

1,471

9,308

9,997

20,776

Charge for year

-

11,636

2,081

13,717

Eliminated on disposal

-

-

(2,506

)

(2,506

)

At 31 March 2025

1,471

20,944

9,572

31,987

NET BOOK VALUE

At 31 March 2025

-

34,906

-

34,906

At 31 March 2024

-

46,542

2,081

48,623

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

28,709

26,837

Other debtors

281

-

Directors' loan accounts

34,323

34,656

Prepayments

8,244

13,840

71,557

75,333

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

19,336

9,084

Hire purchase contracts

5,629

4,922

Trade creditors

13,333

17,838

Tax

187

719

Social security and other taxes

3,244

3,551

Pensions control

1,773

1,517

VAT

21,899

9,479

Other creditors

230

134

Accruals and deferred income

4,754

3,427

Accrued expenses

1,144

1,144

71,529

51,815

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

-

4,000

Bank loans - 2-5 years

-

1,000

Hire purchase contracts

33,942

39,571

33,942

44,571

9.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

7,753

10,920

Deferred

tax

£

Balance at 1 April 2024

10,920

Provided during year

(3,167

)

Accelerated capital allowances

Balance at 31 March 2025

7,753

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1

Ordinary

£1

1

1

11.	OTHER FINANCIAL COMMITMENTS

At 31st March 2025 the company had financial commitments relating to a property lease not provided for in the financial statements totalling £46,625 (2024: £10,878)

12.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

S L Bogle

Balance outstanding at start of year

34,656

52,433

Amounts advanced

16,725

15,723

Amounts repaid

(17,058

)

(33,500

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

34,323

34,656

Interest was charged to the director at a rate of 2.25% which equated to £767.39 to Miss S L Bogle. This loan is repayable on demand.