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Company Registration No. 04559640 (England and Wales)
Rudan Knightsbridge Limited Unaudited accounts for the year ended 31 December 2024
Rudan Knightsbridge Limited Unaudited accounts Contents
Page
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Rudan Knightsbridge Limited Company Information for the year ended 31 December 2024
Directors
D Hersheson L Hersheson R Hersheson
Company Number
04559640 (England and Wales)
Registered Office
29 Berners Street London W1T 3LR
Accountants
Multiply Accountancy Limited 71-75 Shelton Street London WC2H 9JQ
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Rudan Knightsbridge Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
161,106 
281,563 
Current assets
Debtors
1,182,613 
1,059,967 
Cash at bank and in hand
33,735 
(26,473)
1,216,348 
1,033,494 
Creditors: amounts falling due within one year
(1,323,984)
(1,083,265)
Net current liabilities
(107,636)
(49,771)
Total assets less current liabilities
53,470 
231,792 
Creditors: amounts falling due after more than one year
- 
(159,637)
Provisions for liabilities
Deferred tax
(39,731)
(69,845)
Net assets
13,739 
2,310 
Capital and reserves
Called up share capital
100 
100 
Capital redemption reserve
6 
6 
Profit and loss account
13,633 
2,204 
Shareholders' funds
13,739 
2,310 
For the year ending 31 December 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 of Directors and authorised for issue on 25 July 2025 and were signed on its behalf by
L Hersheson Director Company Registration No. 04559640
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Rudan Knightsbridge Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Rudan Knightsbridge Limited is a private company, limited by shares, registered in England and Wales, registration number 04559640. The registered office is 29 Berners Street, London, W1T 3LR.
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.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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:
Land & buildings
5 years straight line
Plant & machinery
3 years straight line
Fixtures & fittings
5 years straight line
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.
Going concern
As at the balance sheet date, the company had net current liabilities of £235,644 and net liabilities of £114,269. However, the Company has taken many commercially positive steps in this period as it builds to the future. In addition, the shareholders have demonstrated their willingness to support the company financially for at least the next 12 months and on this basis, the director considers it appropriate to prepare the financial statements on a going concern basis. The financial statements do not include any adjustments that would result from a withdrawal of this support.
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Rudan Knightsbridge Limited Notes to the Accounts for the year ended 31 December 2024
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2024
533,093 
180,559 
713,652 
At 31 December 2024
533,093 
180,559 
713,652 
Depreciation
At 1 January 2024
295,143 
136,946 
432,089 
Charge for the year
106,297 
14,160 
120,457 
At 31 December 2024
401,440 
151,106 
552,546 
Net book value
At 31 December 2024
131,653 
29,453 
161,106 
At 31 December 2023
237,950 
43,613 
281,563 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
689 
- 
Trade debtors
- 
138 
Accrued income and prepayments
64,630 
40,341 
Other debtors
1,117,294 
1,019,488 
1,182,613 
1,059,967 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
159,637 
81,113 
Trade creditors
19,881 
54,782 
Taxes and social security
87,084 
137,176 
Other creditors
1,050,947 
700,580 
Accruals
6,435 
109,614 
1,323,984 
1,083,265 
The company has a debenture with fixed and floating charges over the assets of the company in favour of the The Co-Operative Bank Plc.
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
- 
159,637 
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Rudan Knightsbridge Limited Notes to the Accounts for the year ended 31 December 2024
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
764,852 
- 
764,852 
- 
764,852 
- 
764,852 
- 
Interest was charged on the loans at a rate of 2.25%. The Directors loan balances shown above were settled by way of an inter group transfer to Hersheson Group Limited as part of a restructure that occurred in September 2024.
9
Transactions with related parties
At the balance sheet date the following balances existed with companies under common control: Within other debtors, £4,331 (2023: £4,331) was due from Hamsard 3469 Limited.
10
Average number of employees
During the year the average number of employees was 0 (2023: 6).
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