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REGISTERED NUMBER: 06507953 (England and Wales)















Unaudited Financial Statements for the Year Ended 29 February 2024

for

D. Ruddle Limited

D. Ruddle Limited (Registered number: 06507953)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


D. Ruddle Limited

Company Information
for the Year Ended 29 February 2024







DIRECTOR: D Ruddle





SECRETARY: Mrs Ruddle





REGISTERED OFFICE: 18 Woodlands Park
Bexley
Kent
DA5 2EL





REGISTERED NUMBER: 06507953 (England and Wales)





ACCOUNTANTS: Latham Lambourne Ltd
18 Woodlands Park
Bexley
Kent
DA5 2EL

D. Ruddle Limited (Registered number: 06507953)

Balance Sheet
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 1 1
Tangible assets 5 255 340
256 341

CURRENT ASSETS
Debtors 6 150,758 147,624
Cash at bank 25,631 19,710
176,389 167,334
CREDITORS
Amounts falling due within one year 7 30,712 35,104
NET CURRENT ASSETS 145,677 132,230
TOTAL ASSETS LESS CURRENT
LIABILITIES

145,933

132,571

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 145,931 132,569
SHAREHOLDERS' FUNDS 145,933 132,571

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 26 June 2024 and were signed by:




D Ruddle - Director


D. Ruddle Limited (Registered number: 06507953)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

D. Ruddle Limited 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
represents commissions received from the sale of financial products.

Goodwill
Goodwill represented the purchase of a client base. It was amortised over 3 years.

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.

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 and 25% on cost

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

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

D. Ruddle Limited (Registered number: 06507953)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 March 2023
and 29 February 2024 2,500
AMORTISATION
At 1 March 2023
and 29 February 2024 2,499
NET BOOK VALUE
At 29 February 2024 1
At 28 February 2023 1

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2023
and 29 February 2024 6,180
DEPRECIATION
At 1 March 2023 5,840
Charge for year 85
At 29 February 2024 5,925
NET BOOK VALUE
At 29 February 2024 255
At 28 February 2023 340

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Other debtors 150,758 147,624

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Taxation and social security 30,712 35,104

D. Ruddle Limited (Registered number: 06507953)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 29 February 2024 and 28 February 2023:

29.2.24 28.2.23
£    £   
D Ruddle
Balance outstanding at start of year 143,925 148,332
Amounts advanced 25,000 6,010
Amounts repaid (21,866 ) (10,417 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 147,059 143,925