| 18 Dudley Road Ltd |
| Registered number: |
05774392 |
| Balance Sheet |
| as at 30 April 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
9,040 |
|
|
9,040 |
|
| Current assets |
| Debtors |
4 |
|
270 |
|
|
290 |
| Cash at bank and in hand |
|
|
527 |
|
|
775 |
|
|
|
797 |
|
|
1,065 |
|
| Creditors: amounts falling due within one year |
5 |
|
(11,180) |
|
|
(10,866) |
|
| Net current liabilities |
|
|
|
(10,383) |
|
|
(9,801) |
|
| Net liabilities |
|
|
|
(1,343) |
|
|
(761) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
4 |
|
|
4 |
| Surplus and Deficit account-non distributable |
|
|
|
(1,347) |
|
|
(765) |
|
| Reserve ' funds |
|
|
|
(1,343) |
|
|
(761) |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| Mr A Marnell |
| Director |
| Approved by the board on 29 September 2025 |
|
| 18 Dudley Road Ltd |
| Notes to the Accounts |
| for the year ended 30 April 2025 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover represents amounts receivable from the shareholders to recover expenses incurred or to be incurred for maintaining the freehold and common parts of the buildings in which the flats are situated. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Freehold is shown at fair value and no depreciation is provided on the freehold interest |
|
|
Changes in fair value are included in the profit and loss account. |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. The company does not operate with a view of profit. |
|
|
Reserve & Sinking Fund |
|
The surplus is transferred to the sinking fund. |
|
The sinking fund is the amount charged (non refundable) which will be used for future expenditure. |
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
0 |
|
0 |
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
|
|
Freehold Interest |
|
Freehold Interest |
| £ |
£ |
|
Cost & Valuation |
|
At 1 May 2024 |
9,040 |
|
9,040 |
|
At 30 April 2025 |
9,040 |
|
9,040 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 30 April 2025 |
- |
|
- |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 30 April 2025 |
9,040 |
|
9,040 |
|
At 30 April 2024 |
9,040 |
|
9,040 |
|
The freehold is shown at fair value. Per direcctors valuation cost and fairvalue remains the same. |
|
| 4 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Service charges |
|
|
|
|
270 |
|
290 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Other creditors-shareholders |
9,830 |
|
9,830 |
|
Accrual |
950 |
|
1,036 |
|
Other creditors |
400 |
|
- |
|
|
|
|
|
|
11,180 |
|
10,866 |
|
|
|
|
|
|
|
|
|
|
|
| 6 |
Called up share capital |
2025 |
|
2024 |
| £ |
£ |
|
Alotted & Fully paid 4 ordinary shares of £1 each |
4 |
|
4 |
|
|
|
|
|
|
|
4 |
|
4 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Going concern |
|
|
The company does not operate to make a profit. The directors have reviewed a period of 12 months from approval of these financial statements and concluded the company is able to meets its liabilities as they fall due. As a result it is appropriate to prepare the accounts on a going concern basis. |
|
|
| 8 |
Contingent liabilities & Other matters |
|
|
The directors will shortly open a sinking fund bank account and transfer funds from its current account to sinking fund bank account. At present separate sinking account is not maintained. |
|
|
| 9 |
Other information |
|
|
18 Dudley Road Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
|
Brackens, Hillcrest |
|
Dormans Park |
|
East Grinstead |
|
RH19 2LX |