REGISTERED NUMBER: 12738643 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

FOR

JUDD TRUMP LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

J Trump

REGISTERED OFFICE:

1 Kings Avenue

London

N21 3NA

REGISTERED NUMBER:

12738643 (England and Wales)

ACCOUNTANTS:

AGK Partners

Chartered Accountants

1 Kings Avenue

Winchmore Hill

London

N21 3NA

FIXED ASSETS

Intangible assets

4

3,779,408

4,535,290

Property, plant and equipment

5

1,257

5,949

Investments

6

1,200,000

1,200,000

4,980,665

5,741,239

CURRENT ASSETS

Debtors

7

2,556,204

1,751,735

Cash at bank

1,443,456

715,798

3,999,660

2,467,533

CREDITORS

Amounts falling due within one year

8

2,926,502

1,799,359

NET CURRENT ASSETS

1,073,158

668,174

TOTAL ASSETS LESS CURRENT LIABILITIES

6,053,823

6,409,413

CAPITAL AND RESERVES

Called up share capital

100

100

Share premium

7,558,716

7,558,716

Retained earnings

(1,504,993

)

(1,149,403

)

6,053,823

6,409,413

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 15 May 2026 and were signed by:

J Trump - Director

1.	STATUTORY INFORMATION

Judd Trump 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.

Significant judgements and estimates

In the application of the company's accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period. or in the period of the revision and future periods where the revision affects both current and future periods. There are no significant judgements or estimates involved in the preparation of the financial statements.

Revenue

Revenue 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 2020, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

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

Property, plant and equipment is stated at cost less accumulated depreciation and accumulated impairment losses. Such cost included costs directly attributable to making the asset capable of operating as intended.

Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets less their estimated residual value over their expected useful lives, on the following basis:

Fixtures fittings and equipment

20% on Reducing Balance

Computer equipment

33% on Reducing Balance

The carrying values of tangible assets are reviewed for impairment when events or changes in circumstances indicate the carrying value may not be recoverable.

Investments in subsidiaries

Investments in subsidiary undertakings are measured at cost less accumulated impairment losses. Cost includes the fair value of the consideration given, including any directly attributable transaction costs.

If there is an indication that an investment in a subsidiary has suffered impairment, the carrying amount is reviewed and, if necessary, adjusted to reflect the revised recoverable amount. Impairment losses and reversals of impairment losses are recognised in profit or loss in the period in which they occur.

Financial instruments

Basic financial assets and liabilities, which include debtors, creditors, cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

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.

Investments

Investments are initially measured at cost, including any transaction costs. Listed investments are subsequently measured at fair value with changes recognised in profit or loss, where fair value can be reliably determined. Unlisted investments are carried at cost less impairment, unless a reliable fair value can be determined. Dividends and other income are recognised when the right to receive payment is established. Investments expected to be held for more than 12 months are classified as non-current assets.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 August 2024

and 31 July 2025

7,558,816

AMORTISATION

At 1 August 2024

3,023,526

Charge for year

755,882

At 31 July 2025

3,779,408

NET BOOK VALUE

At 31 July 2025

3,779,408

At 31 July 2024

4,535,290

5.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 August 2024

and 31 July 2025

23,460

610

24,070

DEPRECIATION

At 1 August 2024

17,511

610

18,121

Charge for year

4,692

-

4,692

At 31 July 2025

22,203

610

22,813

NET BOOK VALUE

At 31 July 2025

1,257

-

1,257

At 31 July 2024

5,949

-

5,949

6.	FIXED ASSET INVESTMENTS

Shares in

group

Other

undertakings

investments

Totals

£

£

£

COST

At 1 August 2024

and 31 July 2025

100

1,199,900

1,200,000

NET BOOK VALUE

At 31 July 2025

100

1,199,900

1,200,000

At 31 July 2024

100

1,199,900

1,200,000

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

90,000

125,000

Amounts owed by connected companies

1,998

1,332

Other debtors

2,464,206

1,625,403

2,556,204

1,751,735

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

6,189

6,189

Amounts owed to group undertakings

2,777,702

1,378,508

Taxation and social security

134,995

400,218

Other creditors

7,616

14,444

2,926,502

1,799,359

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 July 2025 and 31 July 2024:

2025

2024

£

£

J Trump

Balance outstanding at start of year

1,519,066

409,025

Amounts advanced

2,398,345

1,158,987

Amounts repaid

(1,606,111

)

(48,946

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

2,311,300

1,519,066

An interest of £32,726 (2024: £19,195) has been charged on the overdrawn balance at the official rate of interest.

10.	RELATED PARTY DISCLOSURES

Included in debtors, amount falling due within one year, is an amount of £1,998 (2024 - £1,332) receivable from connected companies.