Company Registration No. 14702877 (England and Wales)
Breeze Acquisitions 2 Limited
Financial statements
for the year ended 31 March 2026
Pages for filing with the registrar
Breeze Acquisitions 2 Limited
Contents
Page
Statement of financial position
1
Notes to the financial statements
2 - 6
Breeze Acquisitions 2 Limited
Statement of financial position
As at 31 March 2026
1
2026
2025
Notes
£
£
£
£
Fixed assets
Investments
3
3,763,477
3,763,477
Current assets
Debtors
5
1,161,023
1,029,679
Creditors: amounts falling due within one year
6
(952,268)
(868,809)
Net current assets
208,755
160,870
Total assets less current liabilities
3,972,232
3,924,347
Creditors: amounts falling due after more than one year
7
(6,715,970)
(5,890,169)
Net liabilities
(2,743,738)
(1,965,822)
Capital and reserves
Called up share capital
8
1
1
Profit and loss reserves
(2,743,739)
(1,965,823)
Total equity
(2,743,738)
(1,965,822)

The directors of the company have elected not to include a copy of the income statement within the financial statements.true

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

The financial statements were approved by the board of directors and authorised for issue on 29 July 2026 and are signed on its behalf by:
Alex Hughes
Director
Company Registration No. 14702877
Breeze Acquisitions 2 Limited
Notes to the financial statements
For the year ended 31 March 2026
2
1
Accounting policies
Company information

Breeze Acquisitions 2 Limited is a private company limited by shares incorporated in England and Wales. The registered office is Units B & C, Broadlink, Middleton, Manchester, England, M24 1UB.

1.1
Basis of preparation

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. The principal accounting policies adopted are set out below.

This company is a qualifying entity for the purposes of FRS 102, being a member of a group where the parent of that group prepares publicly available consolidated financial statements, including this company, which are intended to give a true and fair view of the assets, liabilities, financial position and profit or loss of the group. T he company has therefore taken advantage of e xemptions from the following disclosure requirements:

- Section 7 ‘Statement of Cash Flows’: Presentation of a statement of cash flow and related notes and disclosures;

The financial statements of the company are consolidated in the financial statements of Breeze Strategic Services Limited. These consolidated financial statements are available from its registered office, Units B & C Broadlink, Middleton, Manchester, England, M24 1UB.

The company has taken advantage of the exemption under section 400 of the Companies Act 2006 not to prepare consolidated accounts. The financial statements present information about the company as an individual entity and not about its group.

1.2
Going concern

A true t the time of approving the financial statements, t he directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus t he directors continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Fixed asset investments

Interests in subsidiaries are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

1.4
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand.

Breeze Acquisitions 2 Limited
Notes to the financial statements (continued)
For the year ended 31 March 2026
1
Accounting policies (continued)
3
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 statement of financial position 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, 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 loans from fellow group companies, 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.

1.6
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.7
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the income statement because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

Breeze Acquisitions 2 Limited
Notes to the financial statements (continued)
For the year ended 31 March 2026
1
Accounting policies (continued)
4

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the income statement, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2026
2025
Number
Number
Total
0
0
3
Fixed asset investments
2026
2025
£
£
Shares in group undertakings and participating interests
3,763,477
3,763,477
4
Subsidiaries

Details of the company's subsidiaries at 31 March 2026 are as follows:

Name of undertaking
Address
Class of
% Held
shares held
Direct
Indirect
Breeze Acquisitions USA Limited
1
Ordinary
100
-
Breeze USA, Inc.
2
Ordinary
0
100
Biospherix Holdings LLC
2
Ordinary
0
60

Registered office addresses:

1
Units B & C Broadlink, Middleton, Manchester, England, M24 1UB
2
25 Union St, PO Box 279, Parish, NY 13131, USA
Breeze Acquisitions 2 Limited
Notes to the financial statements (continued)
For the year ended 31 March 2026
5
5
Debtors
2026
2025
Amounts falling due within one year:
£
£
Amounts owed by group undertakings
1,099,966
1,029,679
Deferred tax asset
61,057
-
0
1,161,023
1,029,679
6
Creditors: amounts falling due within one year
2026
2025
£
£
Amounts owed to group undertakings
829,794
812,507
Other creditors
122,474
56,302
952,268
868,809
7
Creditors: amounts falling due after more than one year
2026
2025
£
£
Other creditors
6,715,970
5,890,169

Other creditors represent loan notes held by the ultimate controlling party and key management personnel. These loan notes are unsecured and repayable in full on 5 August 2031. Annual interest is charged at 15% and compounds on 31 March each year.

8
Called up share capital
2026
2025
2026
2025
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of 1p each
100
100
1
1
9
Audit report information

As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006.

The auditor's report is unqualified and includes the following:

Breeze Acquisitions 2 Limited
Notes to the financial statements (continued)
For the year ended 31 March 2026
9
Audit report information (continued)
6
Opinion

In our opinion the financial statements:

- give a true and fair view of the state of the company's affairs as at 31 March 2026 and of its loss for the year then ended;

- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

- have been prepared in accordance with the requirements of the Companies Act 2006.

Senior Statutory Auditor:
Diane Petit-Laurent FCA
Statutory Auditors:
Saffery LLP
Date of audit report:
29 July 2026
10
Ultimate controlling party

The company's immediate parent company is Breeze Strategic Services Limited.

The financial statements of the company are consolidated in the financial statements of Breeze Strategic Services Limited. These consolidated financial statements are available from its registered office, Units B & C Broadlink, Middleton, Manchester, England, M24 1UB. This is the largest and smallest group for which consolidated accounts are prepared in which the company's results are included in.

The ultimate controlling party is Breeze Investment Partners LLP.

2026-03-31 2025-04-01 false false false 29 July 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity Alex Hughes S Breuning 14702877 2025-04-01 2026-03-31 14702877 2026-03-31 14702877 2025-03-31 14702877 core:CurrentFinancialInstruments core:WithinOneYear 2026-03-31 14702877 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 14702877 core:Non-currentFinancialInstruments core:AfterOneYear 2026-03-31 14702877 core:Non-currentFinancialInstruments core:AfterOneYear 2025-03-31 14702877 core:CurrentFinancialInstruments 2026-03-31 14702877 core:CurrentFinancialInstruments 2025-03-31 14702877 core:ShareCapital 2026-03-31 14702877 core:ShareCapital 2025-03-31 14702877 core:RetainedEarningsAccumulatedLosses 2026-03-31 14702877 core:RetainedEarningsAccumulatedLosses 2025-03-31 14702877 core:ShareCapitalOrdinaryShareClass1 2026-03-31 14702877 core:ShareCapitalOrdinaryShareClass1 2025-03-31 14702877 bus:Director1 2025-04-01 2026-03-31 14702877 2024-04-01 2025-03-31 14702877 core:Subsidiary1 2025-04-01 2026-03-31 14702877 core:Subsidiary2 2025-04-01 2026-03-31 14702877 core:Subsidiary3 2025-04-01 2026-03-31 14702877 core:Subsidiary1 1 2025-04-01 2026-03-31 14702877 core:Subsidiary2 2 2025-04-01 2026-03-31 14702877 core:Subsidiary3 3 2025-04-01 2026-03-31 14702877 core:WithinOneYear 2026-03-31 14702877 core:WithinOneYear 2025-03-31 14702877 core:Non-currentFinancialInstruments 2026-03-31 14702877 core:Non-currentFinancialInstruments 2025-03-31 14702877 bus:OrdinaryShareClass1 2025-04-01 2026-03-31 14702877 bus:OrdinaryShareClass1 2026-03-31 14702877 bus:OrdinaryShareClass1 2025-03-31 14702877 bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 14702877 bus:FRS102 2025-04-01 2026-03-31 14702877 bus:Audited 2025-04-01 2026-03-31 14702877 bus:Director2 2025-04-01 2026-03-31 14702877 bus:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 14702877 bus:FullAccounts 2025-04-01 2026-03-31 xbrli:pure xbrli:shares iso4217:GBP