R.C. HUDSON AND CO LTD


Directors	HUDSON, Jenny Leigh
	HUDSON, Michael Robert, Dr


Registered Address	9 Chapel Street
	Mumbles
	Swansea
	SA3 4NH


Registered Number	12407141 (England and Wales)

Balance Sheet as at
31 January 2026

	Notes	2026		2025
		£	£	£	£
Fixed assets
Tangible assets	3		100,000		70,026
			100,000		70,026
Current assets
Debtors		100		137
Cash at bank and on hand		26,594		25,809
		26,694		25,946
Creditors amounts falling due within one year	4	(84,484)		(85,125)
Net current assets (liabilities)			(57,790)		(59,179)
Total assets less current liabilities			42,210		10,847
Provisions for liabilities	5		(5,695)		-
Net assets			36,515		10,847
Capital and reserves
Called up share capital			100		100
Revaluation reserve			24,279		-
Profit and loss account			12,136		10,747
Shareholders' funds			36,515		10,847

The company was entitled to exemption from audit for this reporting period 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 Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 23 July 2026, and are signed on its behalf by:

HUDSON, Michael Robert, Dr
Director
Registered Company No. 12407141

R.C. HUDSON AND CO LTD

Notes to the Financial Statements
for the year ended 31 January 2026

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

2.	Average number of employees


		2026		2025
	Average number of employees during the year	0		0

3.	Tangible fixed assets

	Land & buildings	Total
	£	£
Cost or valuation
At 01 February 25	70,026	70,026
Revaluations	29,974	29,974
At 31 January 26	100,000	100,000
Net book value
At 31 January 26	100,000	100,000
At 31 January 25	70,026	70,026

4.	Creditors: amounts due within one year

	2026	2025
	£	£
Bank borrowings and overdrafts	84,158	84,436
Taxation and social security	326	689
Total	84,484	85,125

5.	Provisions for liabilities

	2026	2025
	£	£
Net deferred tax liability (asset)	5,695	-
Total	5,695	-

6.	Prior period policy changes
	During the year, the Company changed its accounting framework from FRS 105 to FRS 102. As a result, the building is now treated as an investment property measured at fair value and is no longer depreciated. The change has been applied retrospectively, with comparatives restated and an adjustment of £1,202 made to opening equity.