REGISTERED NUMBER: OC419808 (England and Wales)

Unaudited Financial Statements

for the Year Ended 5 April 2025

for

Rudd & Son LLP

Page

General Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DESIGNATED MEMBERS:

Sir A N R Rudd

T N Rudd

REGISTERED OFFICE:

1st Floor Offices

10 Hereford Road

Abergavenny

Monmouthshire

NP7 5PR

REGISTERED NUMBER:

OC419808 (England and Wales)

ACCOUNTANTS:

Ashmole & Co.

Chartered Certified Accountants

The Old School

The Quay

Carmarthen

Carmarthenshire

SA31 3LN

FIXED ASSETS

Investment property

4

918,314

918,314

CURRENT ASSETS

Debtors

5

57,190

638,074

Cash at bank

14,480

9,295

71,670

647,369

CREDITORS

Amounts falling due within one year

6

9,739

10,500

NET CURRENT ASSETS

61,931

636,869

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS

980,245

1,555,183

LOANS AND OTHER DEBTS DUE TO MEMBERS

7

980,245

1,555,183

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members

7

980,245

1,555,183

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 5 April 2025.

The members acknowledge their responsibilities for:

(a)	ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the LLP 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 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

The financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 18 September 2025 and were signed by:

Sir A N R Rudd - Designated member

1.	STATUTORY INFORMATION

Rudd & Son LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

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 requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. The financial statements have been prepared under the historical cost convention.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3.	EMPLOYEE INFORMATION

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

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 6 April 2024

and 5 April 2025

918,314

NET BOOK VALUE

At 5 April 2025

918,314

At 5 April 2024

918,314

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

5.4.25

5.4.24

£

£

Other debtors

57,190

638,074

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

5.4.25

5.4.24

£

£

Trade creditors

3,746

2,547

Other creditors

5,993

7,953

9,739

10,500

7.

LOANS AND OTHER DEBTS DUE TO MEMBERS

Balances owing to members rank pari passu with other debts.

8.	RELATED PARTY DISCLOSURES