IRIS Accounts Production v24.1.0.578 10523934 Board of Directors 1.1.23 31.12.23 31.12.23 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh105239342022-12-31105239342023-12-31105239342023-01-012023-12-31105239342021-12-31105239342022-01-012022-12-31105239342022-12-3110523934ns15:EnglandWales2023-01-012023-12-3110523934ns14:PoundSterling2023-01-012023-12-3110523934ns10:Director12023-01-012023-12-3110523934ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3110523934ns10:SmallEntities2023-01-012023-12-3110523934ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3110523934ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3110523934ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3110523934ns10:FullAccounts2023-01-012023-12-311052393412023-01-012023-12-3110523934ns10:OrdinaryShareClass12023-01-012023-12-3110523934ns10:Director22023-01-012023-12-3110523934ns10:RegisteredOffice2023-01-012023-12-3110523934ns5:CurrentFinancialInstruments2023-12-3110523934ns5:CurrentFinancialInstruments2022-12-3110523934ns5:Non-currentFinancialInstruments2023-12-3110523934ns5:Non-currentFinancialInstruments2022-12-3110523934ns5:ShareCapital2023-12-3110523934ns5:ShareCapital2022-12-3110523934ns5:RetainedEarningsAccumulatedLosses2023-12-3110523934ns5:RetainedEarningsAccumulatedLosses2022-12-3110523934ns5:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3110523934ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure2023-01-012023-12-3110523934ns5:FurnitureFittings2023-01-012023-12-3110523934ns5:ComputerEquipment2023-01-012023-12-3110523934ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure2022-12-3110523934ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure2023-12-3110523934ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure2022-12-3110523934ns5:FurnitureFittings2022-12-3110523934ns5:ComputerEquipment2022-12-3110523934ns5:FurnitureFittings2023-12-3110523934ns5:ComputerEquipment2023-12-3110523934ns5:FurnitureFittings2022-12-3110523934ns5:ComputerEquipment2022-12-3110523934ns5:CostValuation2022-12-3110523934ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3110523934ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-3110523934ns10:OrdinaryShareClass12023-12-31
REGISTERED NUMBER: 10523934 (England and Wales)




















Financial Statements

for the Year Ended 31 December 2023

for

DONALD PUDNEY INVESTMENT GROUP LTD

DONALD PUDNEY INVESTMENT GROUP LTD (REGISTERED NUMBER: 10523934)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DONALD PUDNEY INVESTMENT GROUP LTD

Company Information
for the Year Ended 31 December 2023







DIRECTORS: D D Pudney
D S Pudney





REGISTERED OFFICE: 143 Station Road
Hampton
Middlesex
TW12 2AL





REGISTERED NUMBER: 10523934 (England and Wales)





ACCOUNTANTS: Alvis & Company (Accountants) Limited
143 Station Road
Hampton
Middlesex
TW12 2AL

DONALD PUDNEY INVESTMENT GROUP LTD (REGISTERED NUMBER: 10523934)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 786 217
Investments 6 375 375
1,161 592

CURRENT ASSETS
Stocks 37,520 29,520
Debtors 7 1,739,493 1,792,239
Cash at bank 3,956 783
1,780,969 1,822,542
CREDITORS
Amounts falling due within one year 8 (125,389 ) (88,317 )
NET CURRENT ASSETS 1,655,580 1,734,225
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,656,741

1,734,817

CREDITORS
Amounts falling due after more than one
year

9

(1,794,986

)

(1,838,387

)
NET LIABILITIES (138,245 ) (103,570 )

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings (138,345 ) (103,670 )
SHAREHOLDERS' FUNDS (138,245 ) (103,570 )

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

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

DONALD PUDNEY INVESTMENT GROUP LTD (REGISTERED NUMBER: 10523934)

Balance Sheet - continued
31 December 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 June 2024 and were signed on its behalf by:





D D Pudney - Director


DONALD PUDNEY INVESTMENT GROUP LTD (REGISTERED NUMBER: 10523934)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Donald Pudney Investment Group 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 represents rents received on property purchases, management charges received, interest received on loans and dividends received on investments.

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 Know How are being amortised evenly over their estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Fixtures and fittings - 25% on cost
Computer equipment - 25% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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

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.

DONALD PUDNEY INVESTMENT GROUP LTD (REGISTERED NUMBER: 10523934)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Business
Know How
£   
COST
At 1 January 2023
and 31 December 2023 18,510
AMORTISATION
At 1 January 2023
and 31 December 2023 18,510
NET BOOK VALUE
At 31 December 2023 -
At 31 December 2022 -

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 January 2023 432 3,451 3,883
Additions - 904 904
At 31 December 2023 432 4,355 4,787
DEPRECIATION
At 1 January 2023 216 3,450 3,666
Charge for year 108 227 335
At 31 December 2023 324 3,677 4,001
NET BOOK VALUE
At 31 December 2023 108 678 786
At 31 December 2022 216 1 217

6. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 January 2023
and 31 December 2023 375
NET BOOK VALUE
At 31 December 2023 375
At 31 December 2022 375

DONALD PUDNEY INVESTMENT GROUP LTD (REGISTERED NUMBER: 10523934)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Other debtors 1,739,493 1,792,239

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Other creditors 125,389 88,317

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.23 31.12.22
£    £   
Other creditors 1,794,986 1,838,387

10. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
100 Share capital 1 £1 100 100