REGISTERED NUMBER: 08747876 (England and Wales)

Financial Statements for the Year Ended 31 December 2025

for

Breeze House Designs Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs L A Peck

A L Peck

REGISTERED OFFICE:

Breeze House Sunnyhills Road

Barnfields Ind. Est.

Leek

Staffordshire

ST13 5RJ

REGISTERED NUMBER:

08747876 (England and Wales)

FIXED ASSETS

Intangible assets

4

(12,828

)

(14,290

)

Tangible assets

5

338,689

283,452

325,861

269,162

CURRENT ASSETS

Stocks

1,234,414

1,159,218

Debtors

6

203,426

173,208

Cash at bank and in hand

2,175,164

2,066,420

3,613,004

3,398,846

CREDITORS

Amounts falling due within one year

7

1,258,503

1,183,523

NET CURRENT ASSETS

2,354,501

2,215,323

TOTAL ASSETS LESS CURRENT LIABILITIES

2,680,362

2,484,485

PROVISIONS FOR LIABILITIES

86,196

70,863

NET ASSETS

2,594,166

2,413,622

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

2,594,066

2,413,522

2,594,166

2,413,622

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 14 August 2026 and were signed on its behalf by:

A L Peck - Director

1.	STATUTORY INFORMATION

Breeze House Designs 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Going Concern

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

Significant judgements and estimates

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of five years.

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.

Business Intellectual are being amortised evenly over their estimated useful life of nil years.

Customer list are being amortised evenly over their estimated useful life of nil years.

Negative goodwill is being amortised evenly over its estimated useful life of twenty years.

Negative goodwill

Negative goodwill up to the fair value of non-monetary assets is recognised in the profit and loss as those assets are recovered.

Negative goodwill in excess of fair value of non-monetary assets is recognised in the profit and loss in the period expected to benefit.

In this period a total of £1,462.

Tangible fixed assets

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

Land and buildings

-

33% on cost

Plant and machinery etc

-

33% on reducing balance, 33% on cost, 25% on reducing balance, 20% on reducing balance and 10% on reducing balance

The company has performed an impairment review on its showroom assets as at 31st December 2025. As a result of this review, it was determined that the carrying value of the showroom assets exceeded their recoverable amount. Consequently, an impairment loss of £5,216.80 has been recognized, reducing the carrying value of these assets to £72,661.20.

Following the impairment review, the depreciation rate for the showroom assets has been revised to 33.33% per annum straight line, reflecting the new estimated useful life of the assets post-impairment.

This change in depreciation rate has resulted in a depreciation expense of £11,969 in the current financial year, an increase of £6,097 compared to the previous depreciation rate of 20% reducing balance.

Stocks

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 balance sheet 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 and cash and bank balances, 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 arrangement entered into. An equity instrument in 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 creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non- current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 58 (2024 - 55 ) .

4.	INTANGIBLE FIXED ASSETS

Business

Customer

Negative

Goodwill

Intellectual

list

goodwill

Totals

£

£

£

£

£

COST

At 1 January 2025

and 31 December 2025

100,000

1

2

(56,639

)

43,364

AMORTISATION

At 1 January 2025

100,000

-

-

(42,346

)

57,654

Amortisation for year

-

-

-

(1,462

)

(1,462

)

At 31 December 2025

100,000

-

-

(43,808

)

56,192

NET BOOK VALUE

At 31 December 2025

-

1

2

(12,831

)

(12,828

)

At 31 December 2024

-

1

2

(14,293

)

(14,290

)

5.	TANGIBLE FIXED ASSETS

Premises

Plant and

leasehold

Showrooms

machinery

£

£

£

COST

At 1 January 2025

35,001

77,878

352,586

Additions

-

-

-

Impairments

-

(5,217

)

-

At 31 December 2025

35,001

72,661

352,586

DEPRECIATION

At 1 January 2025

35,001

43,794

185,346

Charge for year

-

11,969

16,724

At 31 December 2025

35,001

55,763

202,070

NET BOOK VALUE

At 31 December 2025

-

16,898

150,516

At 31 December 2024

-

34,084

167,240

Fixtures

and

Motor

Office

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 January 2025

13,527

147,013

19,069

645,074

Additions

-

146,210

-

146,210

Impairments

-

-

-

(5,217

)

At 31 December 2025

13,527

293,223

19,069

786,067

DEPRECIATION

At 1 January 2025

12,305

66,591

18,585

361,622

Charge for year

244

56,658

161

85,756

At 31 December 2025

12,549

123,249

18,746

447,378

NET BOOK VALUE

At 31 December 2025

978

169,974

323

338,689

At 31 December 2024

1,222

80,422

484

283,452

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/25

31/12/24

£

£

Trade debtors

78,195

38,758

Other debtors

125,231

134,450

203,426

173,208

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/25

31/12/24

£

£

Trade creditors

147,486

108,486

Amounts owed to parent

163,856

348,420

Amounts owed to group undertakings

320,249

12,470

Taxation and social security

94,241

220,765

Other creditors

532,671

493,382

1,258,503

1,183,523

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Paul Edwards FCCA CTA (Senior Statutory Auditor)

for and on behalf of WP Audit Services LLP

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Corble Group Limited.

Consolidated accounts are prepared by the parent company Corble Group Limited. Registered Office is Breeze House, Sunnyhills Road, Barnfields Ind Est, Leek, Staffordshire, ST13 5RJ.