Registration number: 11676052

Hand Breaks Ltd

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 8

Hand Breaks Ltd

Company Information

Directors

R A Jeffery R A Travill

Registered office

Cooper House Lower Charlton Estate Shepton Mallet Somerset BA4 5QE

Accountants

Burton Sweet Limited Chartered accountants & business advisersCooper House Lower Charlton Estate Shepton Mallet Somerset BA4 5QE

Hand Breaks Ltd

(Registration number: 11676052)
Balance Sheet
31 March 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	4	34,488	49,977
Investment property	5	858,370	858,370
		892,858	908,347
Current assets
Debtors	6	684	407
Cash at bank and in hand		13,210	3,829
		13,894	4,236
Creditors: Amounts falling due within one year	7	(652,384)	(732,085)
Net current liabilities		(638,490)	(727,849)
Total assets less current liabilities		254,368	180,498
Provisions for liabilities		(8,622)	(16,585)
Net assets		245,746	163,913
Capital and reserves
Called up share capital		100	100
Retained earnings		245,646	163,813
Shareholders' funds		245,746	163,913

Hand Breaks Ltd

(Registration number: 11676052)
Balance Sheet
31 March 2026

For the financial year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 22 October 2026 and signed on its behalf by:
 

......................................... R A Jeffery Director

......................................... R A Travill Director

Hand Breaks Ltd

Notes to the Unaudited Financial Statements
Year Ended 31 March 2026

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Cooper House
Lower Charlton Estate
Shepton Mallet
Somerset
BA4 5QE

These financial statements were authorised for issue by the Board on ........... .

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis. Business commenced trading on 1st April and having been supported financially by the directors is now receiving revenue from rentals. The directors have confirmed that they will seek repayments of their directors loans once sufficient working capital is available.

Hand Breaks Ltd

Notes to the Unaudited Financial Statements
Year Ended 31 March 2026

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sprovision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant & machinery	20% per annum straight line
Fixtures and Fittings	20% per annum straight line
Office Equipment	33% per annum straight line

Hand Breaks Ltd

Notes to the Unaudited Financial Statements
Year Ended 31 March 2026

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business and are recognised initially at the transaction price. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers and are recognised at the transaction price. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2025 - 2).

Hand Breaks Ltd

Notes to the Unaudited Financial Statements
Year Ended 31 March 2026

4	Tangible assets

	Fixtures and fittings £	Plant and machinery £	Office equipment £	Total £
Cost or valuation
At 1 April 2025	83,088	1,122	2,685	86,895
Additions	2,689	-	-	2,689
At 31 March 2026	85,777	1,122	2,685	89,584
Depreciation
At 1 April 2025	34,156	986	1,776	36,918
Charge for the year	17,155	136	887	18,178
At 31 March 2026	51,311	1,122	2,663	55,096
Carrying amount
At 31 March 2026	34,466	-	22	34,488
At 31 March 2025	48,932	136	909	49,977

5	Investment properties

	2026 £
At 1 April	858,370
At 31 March	858,370

There has been no valuation of investment property by an independent valuer.

6

Debtors

	2026 £	2025 £
Prepayments	204	188
Other debtors	480	219
	684	407

Hand Breaks Ltd

Notes to the Unaudited Financial Statements
Year Ended 31 March 2026

7

Creditors

Creditors: amounts falling due within one year

	2026 £	2025 £
Due within one year
Taxation and social security	35,908	21,951
Accruals and deferred income	1,169	1,274
Other creditors	615,307	708,860
	652,384	732,085