| REGISTERED NUMBER: |
| DRS RUDD LIMITED |
| Unaudited Financial Statements |
| for the Year Ended 31 March 2025 |
| REGISTERED NUMBER: |
| DRS RUDD LIMITED |
| Unaudited Financial Statements |
| for the Year Ended 31 March 2025 |
| DRS RUDD LIMITED (REGISTERED NUMBER: 04350343) |
| Contents of the Financial Statements |
| for the year ended 31 March 2025 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| DRS RUDD LIMITED |
| Company Information |
| for the year ended 31 March 2025 |
| Directors: |
| Secretary: |
| Registered office: |
| Registered number: |
| Accountants: |
| New Derwent House |
| 69-73 Theobalds Road |
| London |
| WC1X 8TA |
| DRS RUDD LIMITED (REGISTERED NUMBER: 04350343) |
| Balance Sheet |
| 31 March 2025 |
| 2025 | 2024 |
| Notes | £ | £ |
| Current assets |
| Debtors | 4 |
| Cash at bank |
| Creditors |
| Amounts falling due within one year | 5 | ( |
) | ( |
) |
| Net current assets |
| Total assets less current liabilities |
| Capital and reserves |
| Called up share capital | 6 |
| Retained earnings | 7 |
| Shareholders' funds |
| 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 were approved by the Board of Directors and authorised for issue on |
| DRS RUDD LIMITED (REGISTERED NUMBER: 04350343) |
| Notes to the Financial Statements |
| for the year ended 31 March 2025 |
| 1. | Statutory information |
| Drs Rudd Limited is a |
| 2. | Accounting policies |
| Basis of preparing the financial statements |
| Financial instruments |
| Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument. |
| Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due. |
| Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts which are an integral part of the company's cash management. |
| Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs. |
| 3. | Employees and directors |
| The average number of employees during the year was NIL (2024 - NIL). |
| 4. | Debtors: amounts falling due within one year |
| 2025 | 2024 |
| £ | £ |
| Amounts owed by participating interests | 1,354,507 | 1,447,507 |
| Other debtors |
| 5. | Creditors: amounts falling due within one year |
| 2025 | 2024 |
| £ | £ |
| Tax |
| 6. | Called up share capital |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2025 | 2024 |
| value: | £ | £ |
| Ordinary | £1 | 100 | 100 |
| Non-Voting A | £1 | 100 | 100 |
| Non-Voting B | £1 | 100 | 100 |
| Non-Voting C | £1 | 100 | 100 |
| 400 | 400 |
| DRS RUDD LIMITED (REGISTERED NUMBER: 04350343) |
| Notes to the Financial Statements - continued |
| for the year ended 31 March 2025 |
| 7. | Reserves |
| Retained |
| earnings |
| £ |
| At 1 April 2024 |
| Profit for the year |
| Dividends | ( |
) |
| At 31 March 2025 |
| 8. | Related party disclosures |
| The company was under the control of the directors on a daily basis. |
| The company is a member of a medical partnership. The share of partnership profits due to Drs Rudd Limited for the current period is £35,000 (2024 - £35,000) and the balance due from the partnership to Drs Rudd Limited at 31 March 2025 was £1,354,507 (2024: £1,447,507). |