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REGISTERED NUMBER: 13551462 (England and Wales)



















RUDDELL CONSULTANTS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2023






RUDDELL CONSULTANTS LIMITED (REGISTERED NUMBER: 13551462)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023




Page

Balance Sheet 1

Notes to the Financial Statements 3


RUDDELL CONSULTANTS LIMITED (REGISTERED NUMBER: 13551462)

BALANCE SHEET
31 AUGUST 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 87,520 -

CURRENT ASSETS
Debtors 5 26,939 100
Cash at bank 64,814 -
91,753 100
CREDITORS
Amounts falling due within one year 6 21,062 -
NET CURRENT ASSETS 70,691 100
TOTAL ASSETS LESS CURRENT
LIABILITIES

158,211

100

CREDITORS
Amounts falling due after more than one year 7 (49,483 ) -

PROVISIONS FOR LIABILITIES (2,329 ) -
NET ASSETS 106,399 100

CAPITAL AND RESERVES
Called up share capital 118 100
Share premium 99,982 -
Retained earnings 6,299 -
SHAREHOLDERS' FUNDS 106,399 100

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

RUDDELL CONSULTANTS LIMITED (REGISTERED NUMBER: 13551462)

BALANCE SHEET - continued
31 AUGUST 2023


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 April 2024 and were signed on its behalf by:





Mr N D Ruddell - Director


RUDDELL CONSULTANTS LIMITED (REGISTERED NUMBER: 13551462)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

1. STATUTORY INFORMATION

Ruddell Consultants Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 13551462

Registered office: Broad House
1 The Broadway
Old Hatfield
Hertfordshire
AL9 5BG

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
The directors have a reasonable expectation that the company will continue to operate for the foreseeable future and so these financial statements are prepared on the going concern basis.

Significant judgements and estimates
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the
amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for revenues and expenses during
the year. However, the nature of estimation means that actual outcomes could differ from those estimates. In the Director's
opinion, there are no significant judgements or key sources of estimation uncertainty.

Turnover
Turnover is derived from the provision of consultancy services and is recognised upon delivery to the customer. Turnover is recorded at the fair value of the consideration received or receivable, and excludes value added tax and rebates.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Motor vehicles - 33% on reducing balance

Financial instruments
The company only enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Profit and Loss Account.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an 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.


RUDDELL CONSULTANTS LIMITED (REGISTERED NUMBER: 13551462)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2023

2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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 4 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Motor
vehicles
£   
COST
Additions 106,096
At 31 August 2023 106,096
DEPRECIATION
Charge for year 18,576
At 31 August 2023 18,576
NET BOOK VALUE
At 31 August 2023 87,520

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
Additions 69,580
At 31 August 2023 69,580
DEPRECIATION
Charge for year 13,394
At 31 August 2023 13,394
NET BOOK VALUE
At 31 August 2023 56,186

RUDDELL CONSULTANTS LIMITED (REGISTERED NUMBER: 13551462)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 26,939 100

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Hire purchase contracts 8,944 -
Taxation and social security 10,318 -
Other creditors 1,800 -
21,062 -

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Hire purchase contracts 49,483 -

8. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Hire purchase contracts 58,427 -

Hire purchase contracts are secured over the assets to which they relate.

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the year ended 31 August 2023 and the period ended 31 August 2022:

2023 2022
£    £   
Mr N D Ruddell and Mrs V H Ruddell
Balance outstanding at start of year - -
Amounts advanced 40,901 -
Amounts repaid (17,220 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 23,681 -

During the year, interest has been charged on the loans at the HMRC official rate of interest totalling £93 (2022: £nil).

10. RELATED PARTY DISCLOSURES

During the year, total dividends of £2,000 were paid to the directors .

At the balance sheet date, the directors owed the company £23,681 (2022: £nil).