Registered number
07135585
Sudek Ltd
Unaudited Filleted Accounts
31 January 2025
Sudek Ltd
Registered number: 07135585
Balance Sheet
as at 31 January 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 4 4,055 4,368
Current assets
Stocks 44,817 39,779
Debtors 5 - 880
Cash at bank and in hand 147,160 193,104
191,977 233,763
Creditors: amounts falling due within one year 6 (20,987) (27,548)
Net current assets 170,990 206,215
Net assets 175,045 210,583
Capital and reserves
Called up share capital 100 100
Profit and loss account 174,945 210,483
Shareholders' funds 175,045 210,583
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr D Hufton
Director
Approved by the board on 2 May 2025
Sudek Ltd
Notes to the Accounts
for the year ended 31 January 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 3 3
3 Intangible fixed assets £
Goodwill:
Cost
At 1 February 2024 30,144
At 31 January 2025 30,144
Amortisation
At 1 February 2024 30,144
At 31 January 2025 30,144
Net book value
At 31 January 2025 -
Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.
4 Tangible fixed assets
Land and buildings Plant and machinery etc Total
£ £ £
Cost
At 1 February 2024 1,751 12,407 14,158
Additions - 345 345
At 31 January 2025 1,751 12,752 14,503
Depreciation
At 1 February 2024 - 9,790 9,790
Charge for the year - 658 658
At 31 January 2025 - 10,448 10,448
Net book value
At 31 January 2025 1,751 2,304 4,055
At 31 January 2024 1,751 2,617 4,368
5 Debtors 2025 2024
£ £
Trade debtors - 880
6 Creditors: amounts falling due within one year 2025 2024
£ £
Trade creditors 8,758 8,701
Taxation and social security costs 8,911 16,046
Director's Current Account 1,745 1,257
Other creditors 1,573 1,544
20,987 27,548
7 Other information
Sudek Ltd is a private company limited by shares and incorporated in England. Its registered office is:
Rowan House
Moor Lane, Arkendale
Knaresborough
HG5 0TQ
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