1 January 2025 false No description of principal activity Taxfiler 2024.6 11227200 business:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 11227200 2024-12-31 11227200 2025-01-01 2025-12-31 11227200 business:AuditExemptWithAccountantsReport 2025-01-01 2025-12-31 11227200 business:FilletedAccounts 2025-01-01 2025-12-31 11227200 2025-12-31 11227200 business:Director1 2025-01-01 2025-12-31 11227200 business:Director2 2025-01-01 2025-12-31 11227200 business:RegisteredOffice 2025-01-01 2025-12-31 11227200 2024-12-31 11227200 core:WithinOneYear 2025-12-31 11227200 core:WithinOneYear 2024-12-31 11227200 core:ShareCapital core:PreviouslyStatedAmount 2025-12-31 11227200 core:ShareCapital core:PreviouslyStatedAmount 2024-12-31 11227200 core:SharePremium core:PreviouslyStatedAmount 2025-12-31 11227200 core:SharePremium core:PreviouslyStatedAmount 2024-12-31 11227200 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-12-31 11227200 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-12-31 11227200 core:PreviouslyStatedAmount 2025-12-31 11227200 core:PreviouslyStatedAmount 2024-12-31 11227200 business:SmallEntities 2025-01-01 2025-12-31 11227200 countries:EnglandWales 2025-01-01 2025-12-31 11227200 core:PlantMachinery 2025-01-01 2025-12-31 11227200 core:FurnitureFittings 2025-01-01 2025-12-31 11227200 core:ComputerEquipment 2025-01-01 2025-12-31 11227200 core:PlantMachinery 2024-12-31 11227200 core:FurnitureFittings 2024-12-31 11227200 core:ComputerEquipment 2024-12-31 11227200 core:PlantMachinery 2025-12-31 11227200 core:FurnitureFittings 2025-12-31 11227200 core:ComputerEquipment 2025-12-31 11227200 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure
Company Registration No. 11227200 (England and Wales)
BREEDR LIMITED Unaudited accounts for the year ended 31 December 2025
BREEDR LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
BREEDR LIMITED Company Information for the year ended 31 December 2025
Directors
Ian Geoffrey Wheal Anthony Oliver Richard Hogg
Company Number
11227200 (England and Wales)
Registered Office
1 Lincoln House City Fields Way Tangmere West Sussex PO20 2FS
Accountants
B4Bookkeeping Ltd 1 Lincoln House Tangmere Chichester West Sussex PO20 2FS
- 3 -
BREEDR LIMITED Statement of financial position as at 31 December 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
8,185
17,578
Current assets
Debtors
5
239,409
958,539
Cash at bank and in hand
32,612
133,748
272,021
1,092,287
Creditors: amounts falling due within one year
6
(2,785,924)
(2,989,459)
Net current liabilities
(2,513,903)
(1,897,172)
Net liabilities
(2,505,718)
(1,879,594)
Capital and reserves
Called up share capital
3,145
3,145
Share premium
9,437,973
9,437,973
Profit and loss account
(11,946,836)
(11,320,712)
Shareholders' funds
(2,505,718)
(1,879,594)
For the year ending 31 December 2025 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 19 August 2026 and were signed on its behalf by
Ian Geoffrey Wheal Director Company Registration No. 11227200
- 4 -
BREEDR LIMITED Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
BREEDR LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11227200. The registered office is 1 Lincoln House, City Fields Way, Tangmere, West Sussex, PO20 2FS.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
25% Straight Line
Fixtures & fittings
25% Straight Line
Computer equipment
50% Straight Line
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
- 5 -
BREEDR LIMITED Notes to the Accounts for the year ended 31 December 2025
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 January 2025
45,526
6,586
107,891
160,003
Additions
-
-
6,662
6,662
At 31 December 2025
45,526
6,586
114,553
166,665
Depreciation
At 1 January 2025
42,096
3,320
97,009
142,425
Charge for the year
2,598
745
12,712
16,055
At 31 December 2025
44,694
4,065
109,721
158,480
Net book value
At 31 December 2025
832
2,521
4,832
8,185
At 31 December 2024
3,430
3,266
10,882
17,578
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
150,243
145,918
Amounts due from group undertakings etc.
-
714,917
Accrued income and prepayments
7,651
16,733
Other debtors
81,515
80,971
239,409
958,539
6
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
31,769
51,880
Amounts owed to group undertakings and other participating interests
2,700,614
2,612,171
Taxes and social security
-
149,384
Other creditors
22,893
175,024
Accruals
1,100
1,000
Deferred income
29,548
-
2,785,924
2,989,459
7
Average number of employees
During the year the average number of employees was 20 (2024: 20).
- 6 -