REGISTERED NUMBER: 12949066 (England and Wales)

ALL THE DUCKS LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J P Green

S W Yong

REGISTERED OFFICE:

C/O Natural Kitchen

1a Copthall Avenue

London

EC2R 7BH

REGISTERED NUMBER:

12949066 (England and Wales)

ACCOUNTANTS:

Hakim Fry

Chartered Accountants

69-71 East Street

Epsom

Surrey

KT17 1BP

FIXED ASSETS

Intangible assets

4

15,000

17,500

Tangible assets

5

184,798

213,278

Investments

6

6

6

199,804

230,784

CURRENT ASSETS

Stocks

27,343

28,098

Debtors

7

400,813

352,397

Cash at bank

305,289

733,935

733,445

1,114,430

CREDITORS

Amounts falling due within one year

8

831,559

1,312,236

NET CURRENT LIABILITIES

(98,114

)

(197,806

)

TOTAL ASSETS LESS CURRENT LIABILITIES

101,690

32,978

CREDITORS

Amounts falling due after more than one year

9

-

16,000

NET ASSETS

101,690

16,978

CAPITAL AND RESERVES

Called up share capital

205,000

205,000

Retained earnings

(103,310

)

(188,022

)

101,690

16,978

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Board of Directors and authorised for issue on 5 September 2025 and were signed on its behalf by:

S W Yong - Director

1.	STATUTORY INFORMATION

All the Ducks Ltd 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.

Preparation of consolidated financial statements

The financial statements contain information about All the Ducks Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration is the present value of the future receipts. The difference between the fair value of the consideration and the nominal amount received is recognised as interest income.

Intangible fixed assets other than goodwill

Intangible assets acquired separately from a business are recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses.

Intangible assets acquired on business combinations are recognised separately from goodwill at the acquisition date where it is probable that the expected future economic benefits that are attributable to the asset will flow to the entity and the fair value of the asset can be measured reliably; the intangible asset arises from contractual or other legal rights; and the intangible assets is separable from the entity.

Intangible fixed assets - goodwill

Goodwill represents the excess of the cost of acquisition of acquiring a business over the fair value of net assets acquired. It is initially recognised as an assets at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is considered to have a finite useful life and is amortised on a systematic basis over its expected life. The directors have decided to write off the acquired goodwill to nil.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Land and buildings

-

over lease term

Plant and machinery etc

-

33% on cost, 20% on cost and at varying rates on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a long-term interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.

Entities in which the company has a long term interest and shares control under a contractual are classified as jointly controlled entities.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern

At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 60 (2023 - 72 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

Goodwill

assets

Totals

£

£

£

COST

At 1 January 2024

and 31 December 2024

10,000

25,000

35,000

AMORTISATION

At 1 January 2024

10,000

7,500

17,500

Charge for year

-

2,500

2,500

At 31 December 2024

10,000

10,000

20,000

NET BOOK VALUE

At 31 December 2024

-

15,000

15,000

At 31 December 2023

-

17,500

17,500

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2024

8,720

350,629

359,349

Additions

-

26,715

26,715

At 31 December 2024

8,720

377,344

386,064

DEPRECIATION

At 1 January 2024

1,125

144,946

146,071

Charge for year

422

54,773

55,195

At 31 December 2024

1,547

199,719

201,266

NET BOOK VALUE

At 31 December 2024

7,173

177,625

184,798

At 31 December 2023

7,595

205,683

213,278

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 January 2024

and 31 December 2024

101,800

DEPRECIATION

At 1 January 2024

16,967

Charge for year

25,450

At 31 December 2024

42,417

NET BOOK VALUE

At 31 December 2024

59,383

At 31 December 2023

84,833

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2024

and 31 December 2024

6

NET BOOK VALUE

At 31 December 2024

6

At 31 December 2023

6

The company's investments at the Balance Sheet date in the share capital of companies include the following:

All the Ducks ( Angel Court) Ltd

Registered office: C/O Natural Kitchen, 1a Copthall Avenue, London. EC2R 7BH

Nature of business: leasehold property investment

%

Class of shares:

holding

Ordinary

100.00

31.12.24

31.12.23

£

£

Aggregate capital and reserves

2

2

All the Ducks (Trinity Square) Ltd

Registered office: C/O Natural Kitchen, 1a Copthall Avenue, London. EC2R 7BH

Nature of business: leasehold property investment

%

Class of shares:

holding

Ordinary

100.00

31.12.24

31.12.23

£

£

Aggregate capital and reserves

2

2

All the Ducks ( New Street Square) Ltd

Registered office: C/O Natural Kitchen, 1a Copthall Avenue, London. EC2R 7BH

Nature of business: leasehold property investment

%

Class of shares:

holding

Ordinary

100.00

31.12.24

31.12.23

£

£

Aggregate capital and reserves

2

2

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

4,499

10,231

Other debtors

396,314

342,166

400,813

352,397

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Hire purchase contracts

16,000

38,400

Trade creditors

176,841

251,969

Amounts owed to group undertakings

140,897

208,662

Taxation and social security

227,444

197,478

Other creditors

270,377

615,727

831,559

1,312,236

Included in other creditors was an amount of £80,000 owed to shareholders as at the balance sheet date. These loans are interest free and have no fixed repayment terms.

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Hire purchase contracts

-

16,000

10.	ULTIMATE CONTROLLING PARTY

No single individual controls the company.