U.D.Y Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 13295860

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		235		508
Investment Properties	5		432,416		432,416

			432,651		432,924
CURRENT ASSETS
Debtors	6	-		1,224
Cash at bank and in hand		5,241		3,878

		5,241		5,102
Creditors: Amounts Falling Due Within One Year	7	(26,667 )		(19,177 )

NET CURRENT ASSETS (LIABILITIES)			(21,426 )		(14,075 )

TOTAL ASSETS LESS CURRENT LIABILITIES			411,225		418,849

Creditors: Amounts Falling Due After More Than One Year	8		(422,166 )		(428,995 )

NET LIABILITIES			(10,941 )		(10,146 )

CAPITAL AND RESERVES
Called up share capital	10		2		2
Profit and Loss Account			(10,943 )		(10,148 )

SHAREHOLDERS' FUNDS			(10,941)		(10,146)

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U.D.Y Ltd

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 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 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mrs Paula Udy

Director

11/09/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

U.D.Y Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13295860 . The registered office is C/O Whyfield Limited, Ground Floor, Building A, Truro Business Park, Threemilestone, Truro, TR4 9LF.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Computer Equipment

33% SL

2.4. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

4. Tangible Assets

	Computer Equipment
	£
Cost
As at 1 April 2024	820

As at 31 March 2025	820

Depreciation
As at 1 April 2024	312
Provided during the period	273

As at 31 March 2025	585

Net Book Value
As at 31 March 2025	235

As at 1 April 2024	508

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U.D.Y Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

5. Investment Property

	2025
	£
Fair Value
As at 1 April 2024 and 31 March 2025	432,416

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	-	1,200
Other debtors	-	24

	-	1,224

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	-	96
Other loans	6,814	-
Other creditors	19,853	19,081

	26,667	19,177

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Other loans	422,166	428,995

9. Secured Creditors

Of the creditors the following amounts are secured.

	2025		2024
	£		£
Bank loans and overdrafts	203,980		-

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	2	2

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