Ruddocks & Co. Accounting Services Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 06761717

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		23,280		28,008

			23,280		28,008
CURRENT ASSETS
Stocks	5	34,500		42,600
Debtors	6	85,941		99,257
Investments	7	100		100
Cash at bank and in hand		118,492		69,105

		239,033		211,062
Creditors: Amounts Falling Due Within One Year	8	(148,366 )		(109,058 )

NET CURRENT ASSETS (LIABILITIES)			90,667		102,004

TOTAL ASSETS LESS CURRENT LIABILITIES			113,947		130,012

Creditors: Amounts Falling Due After More Than One Year	9		(47,060 )		(68,507 )

NET ASSETS			66,887		61,505

CAPITAL AND RESERVES
Called up share capital	10		1,200		1,200
Profit and Loss Account			65,687		60,305

SHAREHOLDERS' FUNDS			66,887		61,505

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Ruddocks & Co. Accounting Services Ltd

Balance Sheet (continued)

As At 31 December 2024

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 member has 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.

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

Mr Rohan Ruddock

Director

29/09/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Ruddocks & Co. Accounting Services Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 06761717 . The registered office is First Floor, Copper House, 88 Snakes Lane East , Woodford Green, Essex, IG8 7HX.

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 sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

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:

Plant & Machinery	25% reducing balance
Fixtures & Fittings	25% reducing balance
Computer Equipment	25% reducing balance

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

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Ruddocks & Co. Accounting Services Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

2.5. Taxation

Income tax expense represents the sum of the tax currently payable.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 11 (2023: 8)

4. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 January 2024	47,080	23,220	9,400	79,700
Additions	-	-	3,032	3,032

As at 31 December 2024	47,080	23,220	12,432	82,732

Depreciation
As at 1 January 2024	33,541	13,024	5,127	51,692
Provided during the period	3,385	2,549	1,826	7,760

As at 31 December 2024	36,926	15,573	6,953	59,452

Net Book Value
As at 31 December 2024	10,154	7,647	5,479	23,280

As at 1 January 2024	13,539	10,196	4,273	28,008

5. Stocks

	2024	2023
	£	£
Work in progress	34,500	42,600

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Ruddocks & Co. Accounting Services Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

6. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	79,980	93,296
Due after more than one year
Amounts recoverable on contracts	5,961	5,961

	85,941	99,257

7. Current Asset Investments

	2024	2023
	£	£
Shares in subsidiaries	100	100

8. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	6,020	1,339
Bank loans and overdrafts	57,549	52,672
Other creditors	42,491	6,978
Taxation and social security	42,306	48,069

	148,366	109,058

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

	2024	2023
	£	£
Bank loans	47,060	68,507

10. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	1,200	1,200

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