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Company Registration No. 07505306 (England and Wales)
Aleksandar Budic Limited Unaudited accounts for the year ended 31 January 2025
Aleksandar Budic Limited Unaudited accounts Contents
Page
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Aleksandar Budic Limited Company Information for the year ended 31 January 2025
Director
Aleksandar Budic
Company Number
07505306 (England and Wales)
Registered Office
159 Skipper Way Lee-On-The-Solent Hampshire PO13 8HS
Accountants
Taxsense 203 West Street Fareham Hants PO16 0EN
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Aleksandar Budic Limited Accountants' report
Accountants' report to the director of Aleksandar Budic Limited on the preparation of the unaudited statutory accounts for the year ended 31 January 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Aleksandar Budic Limited for the year ended 31 January 2025 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Aleksandar Budic Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Aleksandar Budic Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Aleksandar Budic Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Aleksandar Budic Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Aleksandar Budic Limited. You consider that Aleksandar Budic Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Aleksandar Budic Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Taxsense 203 West Street Fareham Hants PO16 0EN 31 March 2025
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Aleksandar Budic Limited Statement of financial position as at 31 January 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
541 
691 
Current assets
Inventories
760 
760 
Debtors
17,726 
23,305 
Cash at bank and in hand
17,426 
17,629 
35,912 
41,694 
Creditors: amounts falling due within one year
(8,872)
(8,827)
Net current assets
27,040 
32,867 
Total assets less current liabilities
27,581 
33,558 
Creditors: amounts falling due after more than one year
(27,643)
(33,491)
Net (liabilities)/assets
(62)
67 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(63)
66 
Shareholders' funds
(62)
67 
For the year ending 31 January 2025 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 31 March 2025 and were signed on its behalf by
Aleksandar Budic Director Company Registration No. 07505306
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Aleksandar Budic Limited Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
Aleksandar Budic Limited is a private company, limited by shares, registered in England and Wales, registration number 07505306. The registered office is 159 Skipper Way, Lee-On-The-Solent, Hampshire, PO13 8HS.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 February 2024
492 
1,296 
1,788 
At 31 January 2025
492 
1,296 
1,788 
Depreciation
At 1 February 2024
443 
654 
1,097 
Charge for the year
12 
138 
150 
At 31 January 2025
455 
792 
1,247 
Net book value
At 31 January 2025
37 
504 
541 
At 31 January 2024
49 
642 
691 
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Aleksandar Budic Limited Notes to the Accounts for the year ended 31 January 2025
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
1,172 
Amounts due from group undertakings etc.
- 
5,000 
Other debtors
17,726 
17,133 
17,726 
23,305 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
5,848 
5,703 
Taxes and social security
5 
686 
Other creditors
533 
- 
Accruals
2,486 
2,438 
8,872 
8,827 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
27,643 
33,491 
8
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
9
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Aleksandar Budic
Directors Loan Accounts
17,133 
18,241 
18,008 
17,366 
17,133 
18,241 
18,008 
17,366 
10
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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