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REGISTERED NUMBER: 12813627 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024

FOR

BUDD INTERNATIONAL LTD

BUDD INTERNATIONAL LTD (REGISTERED NUMBER: 12813627)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024










Page

Balance Sheet 1

Chartered Accountants' Report 3

BUDD INTERNATIONAL LTD (REGISTERED NUMBER: 12813627)

BALANCE SHEET
31 AUGUST 2024

31/8/24 31/8/23
£    £    £    £   
FIXED ASSETS 1,857 2,503

CURRENT ASSETS 51,094 66,765

CREDITORS
Amounts falling due within one year (62,039 ) (57,437 )
NET CURRENT (LIABILITIES)/ASSETS (10,945 ) 9,328
TOTAL ASSETS LESS CURRENT
LIABILITIES

(9,088

)

11,831

CREDITORS
Amounts falling due after more than one
year

14,310

16,954
NET LIABILITIES (23,398 ) (5,123 )

CAPITAL AND RESERVES (23,398 ) (5,123 )

NOTES TO THE FINANCIAL STATEMENTS

1. STATUTORY INFORMATION

Budd International Ltd 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: 12813627

Registered office: 4th Floor, 18 St.Cross Street
London
EC1N 8UN

2. AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 2 (2023 - 2 ) .

3. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the start of the year the directors, Mr R and Mrs A Lewis, had provided a loan to the company of £624 which was repaid during the year. A further loan of £458 was then made to the company during the year and this balance remains outstanding at the year end. This loan is interest free and repayable on demand.

4. GOING CONCERN

The financial statements have been prepared on a Going Concern basis due to the company having orders for goods and deposits received at the year end, in excess of the deficit on the balance sheet. The directors confirm that have considered a period of at least 12 months from the balance sheet date and feel that the company will continue as a going concern due to the company order book and confirmed future orders.



BUDD INTERNATIONAL LTD (REGISTERED NUMBER: 12813627)

BALANCE SHEET - continued
31 AUGUST 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 21 October 2024 and were signed on its behalf by:




R Lewis - Director



Mrs A Lewis - Director


CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
BUDD INTERNATIONAL LTD


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement is not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Budd International Ltd for the year ended 31 August 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Budd International Ltd, as a body, in accordance with the terms of our engagement letter dated 14 September 2020. Our work has been undertaken solely to prepare for your approval the financial statements of Budd International Ltd and state those matters that we have agreed to state to the Board of Directors of Budd International Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Budd International Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Budd International Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Budd International Ltd. You consider that Budd International Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Budd International Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Perspective Accounting Limited
Unit B2, Birdineye Farm
Birdineye Hill
Uckfield
East Sussex
TN22 5HA


23 October 2024