2023-01-012024-03-312024-03-31false09549273MUDDY DUCK PROJECTS LTD2024-07-2559111iso4217:GBPxbrli:pure095492732023-01-01095492732024-03-31095492732023-01-012024-03-31095492732022-01-01095492732022-12-31095492732022-01-012022-12-3109549273bus:SmallEntities2023-01-012024-03-3109549273bus:AuditExempt-NoAccountantsReport2023-01-012024-03-3109549273bus:FullAccounts2023-01-012024-03-3109549273bus:PrivateLimitedCompanyLtd2023-01-012024-03-3109549273core:WithinOneYear2024-03-3109549273core:AfterOneYear2024-03-3109549273core:WithinOneYear2022-12-3109549273core:AfterOneYear2022-12-3109549273core:ShareCapital2024-03-3109549273core:SharePremium2024-03-3109549273core:RevaluationReserve2024-03-3109549273core:OtherReservesSubtotal2024-03-3109549273core:RetainedEarningsAccumulatedLosses2024-03-3109549273core:ShareCapital2022-12-3109549273core:SharePremium2022-12-3109549273core:RevaluationReserve2022-12-3109549273core:OtherReservesSubtotal2022-12-3109549273core:RetainedEarningsAccumulatedLosses2022-12-3109549273core:LandBuildings2024-03-3109549273core:PlantMachinery2024-03-3109549273core:Vehicles2024-03-3109549273core:FurnitureFittings2024-03-3109549273core:OfficeEquipment2024-03-3109549273core:NetGoodwill2024-03-3109549273core:IntangibleAssetsOtherThanGoodwill2024-03-3109549273core:ListedExchangeTraded2024-03-3109549273core:UnlistedNon-exchangeTraded2024-03-3109549273core:LandBuildings2022-12-3109549273core:PlantMachinery2022-12-3109549273core:Vehicles2022-12-3109549273core:FurnitureFittings2022-12-3109549273core:OfficeEquipment2022-12-3109549273core:NetGoodwill2022-12-3109549273core:IntangibleAssetsOtherThanGoodwill2022-12-3109549273core:ListedExchangeTraded2022-12-3109549273core:UnlistedNon-exchangeTraded2022-12-3109549273core:LandBuildings2023-01-012024-03-3109549273core:PlantMachinery2023-01-012024-03-3109549273core:Vehicles2023-01-012024-03-3109549273core:FurnitureFittings2023-01-012024-03-3109549273core:OfficeEquipment2023-01-012024-03-3109549273core:NetGoodwill2023-01-012024-03-3109549273core:IntangibleAssetsOtherThanGoodwill2023-01-012024-03-3109549273core:ListedExchangeTraded2023-01-012024-03-3109549273core:UnlistedNon-exchangeTraded2023-01-012024-03-3109549273core:MoreThanFiveYears2023-01-012024-03-3109549273core:Non-currentFinancialInstruments2024-03-3109549273core:Non-currentFinancialInstruments2022-12-3109549273dpl:CostSales2023-01-012024-03-3109549273dpl:DistributionCosts2023-01-012024-03-3109549273core:LandBuildings2023-01-012024-03-3109549273core:PlantMachinery2023-01-012024-03-3109549273core:Vehicles2023-01-012024-03-3109549273core:FurnitureFittings2023-01-012024-03-3109549273core:OfficeEquipment2023-01-012024-03-3109549273dpl:AdministrativeExpenses2023-01-012024-03-3109549273core:NetGoodwill2023-01-012024-03-3109549273core:IntangibleAssetsOtherThanGoodwill2023-01-012024-03-3109549273dpl:GroupUndertakings2023-01-012024-03-3109549273dpl:ParticipatingInterests2023-01-012024-03-3109549273dpl:GroupUndertakingscore:ListedExchangeTraded2023-01-012024-03-3109549273core:ListedExchangeTraded2023-01-012024-03-3109549273dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-01-012024-03-3109549273core:UnlistedNon-exchangeTraded2023-01-012024-03-3109549273dpl:CostSales2022-01-012022-12-3109549273dpl:DistributionCosts2022-01-012022-12-3109549273core:LandBuildings2022-01-012022-12-3109549273core:PlantMachinery2022-01-012022-12-3109549273core:Vehicles2022-01-012022-12-3109549273core:FurnitureFittings2022-01-012022-12-3109549273core:OfficeEquipment2022-01-012022-12-3109549273dpl:AdministrativeExpenses2022-01-012022-12-3109549273core:NetGoodwill2022-01-012022-12-3109549273core:IntangibleAssetsOtherThanGoodwill2022-01-012022-12-3109549273dpl:GroupUndertakings2022-01-012022-12-3109549273dpl:ParticipatingInterests2022-01-012022-12-3109549273dpl:GroupUndertakingscore:ListedExchangeTraded2022-01-012022-12-3109549273core:ListedExchangeTraded2022-01-012022-12-3109549273dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-01-012022-12-3109549273core:UnlistedNon-exchangeTraded2022-01-012022-12-3109549273core:NetGoodwill2024-03-3109549273core:IntangibleAssetsOtherThanGoodwill2024-03-3109549273core:LandBuildings2024-03-3109549273core:PlantMachinery2024-03-3109549273core:Vehicles2024-03-3109549273core:FurnitureFittings2024-03-3109549273core:OfficeEquipment2024-03-3109549273core:AfterOneYear2024-03-3109549273core:WithinOneYear2024-03-3109549273core:ListedExchangeTraded2024-03-3109549273core:UnlistedNon-exchangeTraded2024-03-3109549273core:ShareCapital2024-03-3109549273core:SharePremium2024-03-3109549273core:RevaluationReserve2024-03-3109549273core:OtherReservesSubtotal2024-03-3109549273core:RetainedEarningsAccumulatedLosses2024-03-3109549273core:NetGoodwill2022-12-3109549273core:IntangibleAssetsOtherThanGoodwill2022-12-3109549273core:LandBuildings2022-12-3109549273core:PlantMachinery2022-12-3109549273core:Vehicles2022-12-3109549273core:FurnitureFittings2022-12-3109549273core:OfficeEquipment2022-12-3109549273core:AfterOneYear2022-12-3109549273core:WithinOneYear2022-12-3109549273core:ListedExc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MUDDY DUCK PROJECTS LTD

Registered Number
09549273
(England and Wales)

Unaudited Financial Statements for the Period ended
31 March 2024

MUDDY DUCK PROJECTS LTD
Company Information
for the period from 1 January 2023 to 31 March 2024

Director

LYN-JONES, Sian

Registered Address

124 City Road
London
EC1V 2NX

Registered Number

09549273 (England and Wales)
MUDDY DUCK PROJECTS LTD
Statement of Financial Position
31 March 2024

Notes

31 Mar 2024

31 Dec 2022

£

£

£

£

Fixed assets
Tangible assets34,8961,239
4,8961,239
Current assets
Debtors1,9001,900
Cash at bank and on hand35,65813,659
37,55815,559
Creditors amounts falling due within one year4(23,332)(13,679)
Net current assets (liabilities)14,2261,880
Total assets less current liabilities19,1223,119
Creditors amounts falling due after one year5(1,405)(2,936)
Net assets17,717183
Capital and reserves
Called up share capital100100
Profit and loss account17,61783
Shareholders' funds17,717183
The financial statements were approved and authorised for issue by the Director on 25 July 2024, and are signed on its behalf by:
LYN-JONES, Sian
Director
Registered Company No. 09549273
MUDDY DUCK PROJECTS LTD
Notes to the Financial Statements
for the period ended 31 March 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Revenue from rendering of services
Revenue from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Reducing balance (%)Straight line (years)
Plant and machinery25-
Office Equipment-3
2.Average number of employees

20242022
Average number of employees during the year11
3.Tangible fixed assets

Plant & machinery

Office Equipment

Total

£££
Cost or valuation
At 01 January 232,3063,8046,110
Additions-5,3995,399
At 31 March 242,3069,20311,509
Depreciation and impairment
At 01 January 231,5783,2934,871
Charge for year2281,5141,742
At 31 March 241,8064,8076,613
Net book value
At 31 March 245004,3964,896
At 31 December 227285111,239
4.Creditors: amounts due within one year

2024

2022

££
Bank borrowings and overdrafts1,2011,164
Taxation and social security18,1289,108
Other creditors3,8533,407
Accrued liabilities and deferred income150-
Total23,33213,679
5.Creditors: amounts due after one year

2024

2022

££
Bank borrowings and overdrafts1,4052,936
Total1,4052,936
6.Related party transactions
At the balance sheet date the Director, S Lyn-Jones was owed £3,853 by the company. This loan is interest free and repayable on demand.