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Company Registration No. 04625257 (England and Wales)
G.T. Chudley & Son Limited Unaudited accounts for the year ended 31 December 2025
G.T. Chudley & Son Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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G.T. Chudley & Son Limited Company Information for the year ended 31 December 2025
Director
L A Holt-Brown
Company Number
04625257 (England and Wales)
Registered Office
24 Magnolia Close South Ockendon Essex RM15 6TE United Kingdom
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G.T. Chudley & Son Limited Statement of financial position as at 31 December 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
3,082
4,144
Current assets
Inventories
500
500
Debtors
5
42,129
11,950
Cash at bank and in hand
2,600
4,748
45,229
17,198
Creditors: amounts falling due within one year
6
(44,111)
(17,512)
Net current assets/(liabilities)
1,118
(314)
Net assets
4,200
3,830
Capital and reserves
Called up share capital
110
110
Profit and loss account
4,090
3,720
Shareholders' funds
4,200
3,830
For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 31 May 2025 and were signed on its behalf by
L A Holt-Brown Director Company Registration No. 04625257
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G.T. Chudley & Son Limited Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
G.T. Chudley & Son Limited is a private company, limited by shares, registered in England and Wales, registration number 04625257. The registered office is 24 Magnolia Close, South Ockendon, Essex, RM15 6TE, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% WDV
Fixtures & fittings
25% WDV
Computer equipment
25% WDV
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. 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.
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G.T. Chudley & Son Limited Notes to the Accounts for the year ended 31 December 2025
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
£
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At cost
At 1 January 2025
633
8,909
113
207
9,862
At 31 December 2025
633
8,909
113
207
9,862
Depreciation
At 1 January 2025
346
5,150
86
136
5,718
Charge for the year
72
940
7
43
1,062
At 31 December 2025
418
6,090
93
179
6,780
Net book value
At 31 December 2025
215
2,819
20
28
3,082
At 31 December 2024
287
3,759
27
71
4,144
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
18,000
-
Accrued income and prepayments
213
215
Other debtors
23,916
11,735
42,129
11,950
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
20,224
-
VAT
5,465
6,202
Trade creditors
9,001
2,045
Taxes and social security
8,821
8,665
Accruals
600
600
44,111
17,512
7
Average number of employees
During the year the average number of employees was 2 (2024: 3).
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