REGISTERED NUMBER: 10291666 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 July 2025

for

Jw Budd Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J W Budd

REGISTERED OFFICE:

Energie Fitness Pontypridd

79 Taff Street

Pontypridd

CF37 4SU

REGISTERED NUMBER:

10291666 (England and Wales)

ACCOUNTANTS:

M Chilton Accountancy Services Limited

16 Reed Mace Drive

Bromsgrove

Worcestershire

B61 0UJ

FIXED ASSETS

Intangible assets

4

-

833

Tangible assets

5

152,124

154,990

152,124

155,823

CURRENT ASSETS

Debtors

6

56,728

58,161

Cash at bank

79,028

96,104

135,756

154,265

CREDITORS

Amounts falling due within one year

7

78,227

74,862

NET CURRENT ASSETS

57,529

79,403

TOTAL ASSETS LESS CURRENT LIABILITIES

209,653

235,226

CREDITORS

Amounts falling due after more than one year

8

(122,614

)

(181,925

)

PROVISIONS FOR LIABILITIES

(22,699

)

(16,571

)

ACCRUALS AND DEFERRED INCOME

(7,983

)

(7,800

)

NET ASSETS

56,357

28,930

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

56,257

28,830

56,357

28,930

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 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 22 April 2026 and were signed by:

J W Budd - Director

1.	STATUTORY INFORMATION

Jw Budd 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.

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.

Patents and licences are being amortised evenly over their estimated useful life of five years.

Tangible fixed assets

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

Plant and machinery etc

-

25% on cost, 20% on cost and 10% on cost

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

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 10 (2024 - 10 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 August 2024

and 31 July 2025

24,999

AMORTISATION

At 1 August 2024

24,166

Charge for year

833

At 31 July 2025

24,999

NET BOOK VALUE

At 31 July 2025

-

At 31 July 2024

833

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 August 2024

286,195

Additions

28,157

At 31 July 2025

314,352

DEPRECIATION

At 1 August 2024

131,205

Charge for year

31,023

At 31 July 2025

162,228

NET BOOK VALUE

At 31 July 2025

152,124

At 31 July 2024

154,990

6.

DEBTORS

31.7.25

31.7.24

£

£

Amounts falling due within one year:

Trade debtors

22,493

24,089

Other debtors

22,235

22,072

44,728

46,161

31.7.25

31.7.24

£

£

Amounts falling due after more than one year:

Other debtors

12,000

12,000

Aggregate amounts

56,728

58,161

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Bank loans and overdrafts

27,000

28,300

Trade creditors

30,755

32,240

Taxation and social security

20,034

13,943

Other creditors

438

379

78,227

74,862

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.7.25

31.7.24

£

£

Bank loans

89,685

115,940

Other creditors

32,929

65,985

122,614

181,925

Other creditors falling due after one year relates to amount owed to Director/Shareholder.