Company Registration No. 01357054 (England and Wales)
Breakway Clothing Limited
Unaudited accounts
for the year ended 30 April 2026
Breakway Clothing Limited
Unaudited accounts
Contents
Breakway Clothing Limited
Company Information
for the year ended 30 April 2026
Directors
John Horgan
Shelia Horgan
Company Number
01357054 (England and Wales)
Registered Office
Corner House
Market Place
Braintree
Essex
CM7 3HQ
England
Accountants
ST Accountancy Services Ltd
Corner House
Market Place
Braintree
Essex
CM7 3HQ
Breakway Clothing Limited
Statement of financial position
as at 30 April 2026
Tangible assets
38,625
28,555
Investment property
500,000
500,000
Cash at bank and in hand
85,516
86,888
Creditors: amounts falling due within one year
(14,505)
(16,680)
Net current assets
78,231
73,879
Total assets less current liabilities
616,856
602,434
Provisions for liabilities
Deferred tax
(84,455)
(84,455)
Net assets
532,401
517,979
Called up share capital
100
100
Revaluation reserve
375,814
375,814
Fair value reserve
3,478
3,478
Profit and loss account
153,009
138,587
Shareholders' funds
532,401
517,979
For the year ending 30 April 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 31 July 2026 and were signed on its behalf by
John Horgan
Director
Company Registration No. 01357054
Breakway Clothing Limited
Notes to the Accounts
for the year ended 30 April 2026
Breakway Clothing Limited is a private company, limited by shares, registered in England and Wales, registration number 01357054. The registered office is Corner House, Market Place, Braintree, Essex, CM7 3HQ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% straight line basis
4
Tangible fixed assets
Motor vehicles
Charge for the year
12,875
Fair value at 1 May 2025
500,000
Breakway Clothing Limited
Notes to the Accounts
for the year ended 30 April 2026
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2026
2025
Taxes and social security
1,477
378
Other creditors
1,624
1,624
Loans from directors
11,404
11,378
8
Average number of employees
During the year the average number of employees was 2 (2025: 2).