REGISTERED NUMBER: 07041818 (England and Wales)

Financial Statements for the Year Ended 31 August 2024

for

Justducks Ltd

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

6

DIRECTOR:

R A Wolstenholme

SECRETARY:

Mrs D Wolstenholme

REGISTERED OFFICE:

1 Beauchamp Court

10 Victors Way

Barnet

Hertfordshire

EN5 5TZ

REGISTERED NUMBER:

07041818 (England and Wales)

ACCOUNTANTS:

BBK Partnership

Chartered Accountants

& Statutory Auditors

1 Beauchamp Court

10 Victors Way

Barnet

Hertfordshire

EN5 5TZ

FIXED ASSETS

Intangible assets

4

26,800

40,200

Tangible assets

5

-

-

26,800

40,200

CURRENT ASSETS

Stocks

6

186,324

234,880

Debtors

7

237,549

128,711

Cash at bank and in hand

316,009

327,400

739,882

690,991

CREDITORS

Amounts falling due within one year

8

(711,371

)

(650,952

)

NET CURRENT ASSETS

28,511

40,039

TOTAL ASSETS LESS CURRENT LIABILITIES

55,311

80,239

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

11

55,211

80,139

SHAREHOLDERS' FUNDS

55,311

80,239

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

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

The director acknowledges his 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 director and authorised for issue on 14 October 2025 and were signed by:

R A Wolstenholme - Director

1.	STATUTORY INFORMATION

Justducks 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.

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks

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

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 September 2023

and 31 August 2024

134,000

AMORTISATION

At 1 September 2023

93,800

Amortisation for year

13,400

At 31 August 2024

107,200

NET BOOK VALUE

At 31 August 2024

26,800

At 31 August 2023

40,200

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 September 2023

and 31 August 2024

1,508

DEPRECIATION

At 1 September 2023

and 31 August 2024

1,508

NET BOOK VALUE

At 31 August 2024

-

At 31 August 2023

-

6.

STOCKS

31.8.24

31.8.23

£

£

Finished goods

186,324

234,880

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.24

31.8.23

£

£

Trade debtors

234,654

125,816

Tax

2,895

2,895

237,549

128,711

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.24

31.8.23

£

£

Bank loans and overdrafts (see note 9)

230,535

120,688

Other loans (see note 9)

24,081

53,485

Trade creditors

61,636

81,484

Paypal Account

10,564

17,125

Social security and other taxes

278

(1,680

)

Pension

-

(193

)

VAT

27,688

17,986

Premier limited

254,000

254,000

Directors' current accounts

100,138

105,606

Accrued expenses

2,451

2,451

711,371

650,952

9.

LOANS

An analysis of the maturity of loans is given below:

31.8.24

31.8.23

£

£

Amounts falling due within one year or on demand:

Bank overdrafts

14,084

16,178

Bud Ducks Loan

198,422

41,997

Covid-19 Business Loan

17,976

28,675

Loan

53

33,838

Other loans

24,081

53,485

254,616

174,173

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.24

31.8.23

value:

£

£

100

Ordinary

£1

100

100

11.

RESERVES

Retained

earnings

£

At 1 September 2023

80,139

Deficit for the year

(24,928

)

At 31 August 2024

55,211