Company registration number 14953700 (England and Wales)
BUDD LAND HOLDINGS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024
PAGES FOR FILING WITH REGISTRAR
BUDD LAND HOLDINGS LIMITED
CONTENTS
Page
Balance sheet
1
Statement of changes in equity
2
Notes to the financial statements
3 - 4
BUDD LAND HOLDINGS LIMITED
BALANCE SHEET
AS AT
30 JUNE 2024
30 June 2024
- 1 -
2024
Notes
£
£
Fixed assets
Tangible assets
3
54,235
Current assets
Debtors
4
600
Cash at bank and in hand
400
1,000
Creditors: amounts falling due within one year
5
(62,938)
Net current liabilities
(61,938)
Net liabilities
(7,703)
Capital and reserves
Called up share capital
100
Profit and loss reserves
(7,803)
Total equity
(7,703)

For the financial period ended 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 18 March 2025 and are signed on its behalf by:
Dr H R Budd
Director
Company registration number 14953700 (England and Wales)
BUDD LAND HOLDINGS LIMITED
STATEMENT OF CHANGES IN EQUITY
FOR THE PERIOD ENDED 30 JUNE 2024
- 2 -
Share capital
Profit and loss reserves
Total
Notes
£
£
£
Balance at 22 June 2023
-
0
-
0
-
Period ended 30 June 2024:
Loss and total comprehensive income
-
(7,803)
(7,803)
Issue of share capital
100
-
100
Balance at 30 June 2024
100
(7,803)
(7,703)
BUDD LAND HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024
- 3 -
1
Accounting policies
Company information

Budd Land Holdings Limited is a private company limited by shares incorporated in England and Wales. The registered office is Simpkins Edwards LLP, The Summit, Woodwater Park, Pynes Hill, Exeter, EX2 5WS.

1.1
Reporting period

The company incorporated on 22 June 2023 and the first financial statements cover the period from this date to the accounting reference date of 30 June 2024. Due to this the financial statements present a period longer than one year and there are no comparative amounts presented in the financial statements (included related notes). Future comparative amounts (including the related notes) may also not be entirely comparable.

1.2
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.3
Going concern

The company meets its day to day working capital requirements through continued financial support from a connected company. On the basis of continued support from the connected company, the board consider it appropriate to prepare the financial statements on the going concern basis.true

1.4
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

1.5
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold land and buildings
0%

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

BUDD LAND HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 30 JUNE 2024
- 4 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the period was:

2024
Number
Total
2
3
Tangible fixed assets
Land and buildings
£
Cost
At 22 June 2023
-
0
Additions
54,235
At 30 June 2024
54,235
Depreciation and impairment
At 22 June 2023 and 30 June 2024
-
0
Carrying amount
At 30 June 2024
54,235
4
Debtors
2024
Amounts falling due within one year:
£
Trade debtors
600
5
Creditors: amounts falling due within one year
2024
£
Other creditors
62,938
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