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REGISTERED NUMBER: 08830779 (England and Wales)







FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

FOR

DUDLEY & CO LIMITED

DUDLEY & CO LIMITED (REGISTERED NUMBER: 08830779)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DUDLEY & CO LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2025







DIRECTOR: S J Dudley





REGISTERED OFFICE: 16 Baxandlae
London
N20 0EG





REGISTERED NUMBER: 08830779 (England and Wales)





ACCOUNTANTS: BENEDICTS
873 High Road
North Finchley
London
N12 8QA

DUDLEY & CO LIMITED (REGISTERED NUMBER: 08830779)

BALANCE SHEET
31 JANUARY 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 33,337 11,475

CURRENT ASSETS
Debtors 5 90,666 83,621
Cash at bank 29,121 15,171
119,787 98,792
CREDITORS
Amounts falling due within one year 6 54,432 54,463
NET CURRENT ASSETS 65,355 44,329
TOTAL ASSETS LESS CURRENT
LIABILITIES

98,692

55,804

CREDITORS
Amounts falling due after more than one
year

7

(65,762

)

(55,744

)

PROVISIONS FOR LIABILITIES (6,671 ) -
NET ASSETS 26,259 60

CAPITAL AND RESERVES
Called up share capital 9 2 2
Retained earnings 10 26,257 58
SHAREHOLDERS' FUNDS 26,259 60

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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.

DUDLEY & CO LIMITED (REGISTERED NUMBER: 08830779)

BALANCE SHEET - continued
31 JANUARY 2025


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 27 May 2025 and were signed by:





S J Dudley - Director


DUDLEY & CO LIMITED (REGISTERED NUMBER: 08830779)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

1. STATUTORY INFORMATION

Dudley & Co 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 - 25% on reducing balance
Motor vans - 25% on cost

Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

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.


DUDLEY & CO LIMITED (REGISTERED NUMBER: 08830779)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025

2. ACCOUNTING POLICIES - continued
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vans Totals
£    £    £   
COST
At 1 February 2024 5,099 12,000 17,099
Additions 4,524 22,000 26,524
At 31 January 2025 9,623 34,000 43,623
DEPRECIATION
At 1 February 2024 4,124 1,500 5,624
Charge for year 1,204 3,458 4,662
At 31 January 2025 5,328 4,958 10,286
NET BOOK VALUE
At 31 January 2025 4,295 29,042 33,337
At 31 January 2024 975 10,500 11,475

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 4,846 1,680
Other debtors 3,630 1,743
Corporation tax recoverable 20,216 20,216
Directors' loan accounts 59,982 59,982
Prepayments 1,992 -
90,666 83,621

DUDLEY & CO LIMITED (REGISTERED NUMBER: 08830779)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts (see note 8) 11,884 14,234
Hire purchase contracts 7,829 3,429
Trade creditors 1,349 1,144
Corporation tax 13,554 16,938
Social security & other tax 6,807 3,544
VAT 9,122 12,716
Credit card 734 703
Directors' current accounts 653 -
Accruals 2,500 1,755
54,432 54,463

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2025 2024
£    £   
Bank loans (see note 8) 44,448 48,601
Hire purchase contracts 21,314 7,143
65,762 55,744

8. LOANS

An analysis of the maturity of loans is given below:

2025 2024
£    £   
Amounts falling due within one year or on demand:
Bank overdrafts 2,690 -
Bank loans 9,194 14,234
11,884 14,234

Amounts falling due between one and two years:
Bank loans - 1-2 years 8,881 5,429

Amounts falling due between two and five years:
Bank loans - 2-5 years 35,567 43,172

DUDLEY & CO LIMITED (REGISTERED NUMBER: 08830779)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
1 Ordinary 1 1 1
1 Ordinary A 1 1 1
2 2

10. RESERVES
Retained
earnings
£   

At 1 February 2024 58
Profit for the year 67,199
Dividends (41,000 )
At 31 January 2025 26,257

11. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the year end the director owed £59,329 (2024: £59,982) to the company. Interest was charged at 2.25% per annum.

During the year, the company paid dividends of £26,000 (2024: £26,000) to the director.