BUD AND SON LIMITED Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 00701935

BUD AND SON LIMITED

Filleted Unaudited Financial Statements

31 January 2026

BUD AND SON LIMITED

Statement of Financial Position

31 January 2026

	2026		2025
Note	£	£	£

Fixed assets

Tangible assets	5	738,410	738,410
Investments	6	220,000	220,000
		---------	---------
		958,410	958,410

Current assets

Cash at bank and in hand	47,252		48,007

Creditors: amounts falling due within one year	7	791,980		837,301
		---------		---------
Net current liabilities			744,728	789,294
			---------	---------
Total assets less current liabilities			213,682	169,116
			---------	---------

Capital and reserves

Called up share capital	100	100
Profit and loss account	213,582	169,016
	---------	---------
Shareholders funds	213,682	169,116
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 22 September 2026 , and are signed on behalf of the board by:

J Shenker
Director

Company registration number: 00701935

BUD AND SON LIMITED

Notes to the Financial Statements

Year ended 31 January 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Hallswelle House, 1 Hallswelle Road, London, NW11 0DH.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover shown in the profit and loss account represents rents and charges receivable during the year.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities .

4. Employee numbers

The average number of persons employed by the company during the year amounted to Nil (2025: 2 ).

5. Tangible assets

	Land and buildings
	£
Cost
At 1 February 2025 and 31 January 2026	738,410
	---------
Depreciation
At 1 February 2025 and 31 January 2026	–
	---------
Carrying amount
At 31 January 2026	738,410
	---------
At 31 January 2025	738,410
	---------

6. Investments

	Other investments other than loans
	£
Cost
At 1 February 2025 and 31 January 2026	220,000
	---------
Impairment
At 1 February 2025 and 31 January 2026	–
	---------

Carrying amount
At 31 January 2026	220,000
	---------
At 31 January 2025	220,000
	---------

7. Creditors: amounts falling due within one year

	2026	2025
	£	£
Corporation tax	19,985	15,643
Other creditors	771,995	821,658
	---------	---------
	791,980	837,301
	---------	---------