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REGISTERED NUMBER: 02559807 (England and Wales)













Unaudited Financial Statements for the Year Ended 31 January 2023

for

TUD DEVELOPMENTS LTD

TUD DEVELOPMENTS LTD (REGISTERED NUMBER: 02559807)






Contents of the Financial Statements
for the year ended 31 January 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


TUD DEVELOPMENTS LTD

Company Information
for the year ended 31 January 2023







DIRECTORS: D Perkins
Mrs J A Perkins
Miss J C Perkins





SECRETARY: Miss J C Perkins





REGISTERED OFFICE: 25 Greenacres
Lttle Melton
Norwich
Norfolk
NR9 3QU





REGISTERED NUMBER: 02559807 (England and Wales)





ACCOUNTANTS: Stephenson Smart (East Anglia) Limited
Queens Head House
The Street
Acle
Norwich
NR13 3DY

TUD DEVELOPMENTS LTD (REGISTERED NUMBER: 02559807)

Balance Sheet
31 January 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 898 1,026
Investment property 5 308,395 308,395
309,293 309,421

CURRENT ASSETS
Debtors 6 3,385 2,977
Cash at bank and in hand 267,474 253,971
270,859 256,948
CREDITORS
Amounts falling due within one year 7 34,199 31,459
NET CURRENT ASSETS 236,660 225,489
TOTAL ASSETS LESS CURRENT
LIABILITIES

545,953

534,910

PROVISIONS FOR LIABILITIES 170 369
NET ASSETS 545,783 534,541

CAPITAL AND RESERVES
Called up share capital 160,000 160,000
Retained earnings 385,783 374,541
SHAREHOLDERS' FUNDS 545,783 534,541

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 28 September 2023 and were signed on its behalf by:





D Perkins - Director


TUD DEVELOPMENTS LTD (REGISTERED NUMBER: 02559807)

Notes to the Financial Statements
for the year ended 31 January 2023

1. STATUTORY INFORMATION

Tud Developments Ltd 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.

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.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance, 15% on reducing balance and 5% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

TUD DEVELOPMENTS LTD (REGISTERED NUMBER: 02559807)

Notes to the Financial Statements - continued
for the year ended 31 January 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2022
and 31 January 2023 8,754
DEPRECIATION
At 1 February 2022 7,728
Charge for year 128
At 31 January 2023 7,856
NET BOOK VALUE
At 31 January 2023 898
At 31 January 2022 1,026

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2022
and 31 January 2023 308,395
NET BOOK VALUE
At 31 January 2023 308,395
At 31 January 2022 308,395

The investment properties are held by the company for use in operating leases.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 3,385 2,977

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 3,250 -
Amounts owed to group undertakings 5,826 5,826
Taxation and social security 3,119 2,633
Other creditors 22,004 23,000
34,199 31,459

8. RELATED PARTY DISCLOSURES

TUD Developments Limited is a subsidiary of Rogers Farm Limited, a company under the control of the directors. At the year end TUD Developments Limited owed £5,825 to Rogers Farm Limited (2022: £5,825).

At the year end £10,946 (2022 £11,946) was owed to the directors.

9. ULTIMATE CONTROLLING PARTY

The company is controlled jointly by D Perkins and Mrs J A Perkins.