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Tony Puddy Ltd
Unaudited Financial Statements
for the year ended 31 March 2026
Company registration number 14770432
(England and Wales)

Company Information

For the year ended 31 March 2026
Director Puddy, Tony Gordon

Registered office 1 Cornmoor Crescent
East Huntspill
TA9 3NY

Registered number 14770432

Accountant Somerset Accountancy Services Limited
Unit 22
Wessex Park
Bancombe Road, Unit 22
SOMERTON
Somerset
TA11 6SB

Balance Sheet

As at 31 March 2026
Notes
2026
2025
£
£
£
£
Fixed assets
Intangible assets
8,610
9,840
Tangible assets
6,077
7,466
14,687
17,306
Current assets
Debtors
6
108
913
Cash at bank and in hand
9,192
5,088
9,300
6,001
Creditors
Amounts falling due within one year
7
(23,864)
(24,397)
(23,864)
(24,397)
Net current assets (liabilities)
(14,564)
(18,396)
Total assets less current liabilities
123
(1,090)
Net assets (liabilities)
123
(1,090)
Capital and reserves
Called up share capital
8
1
1
Profit and loss account
122
(1,091)
Total equity
123
(1,090)

The company is a private company limited by shares and registered in England and Wales. It 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 their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
The financial statements have been prepared in accordance with the special 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) of the Companies Act 2006.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444 (2A) of the Companies Act 2006.

The financial statements were approved and authorised for issue by the director on 22 October 2026 and are signed on its behalf by:

Puddy, Tony Gordon
Puddy, Tony Gordon
Director

Company registration number 14770432

Notes to the Financial Statements

For the year ended 31 March 2026

1. 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.

The financial statements are presented in sterling and this is the functional currency of the company.

2. Accounting policies

2.1. Basis of preparation

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

The financial statements have been prepared under the historical cost convention in accordance with the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.


Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.


Revenue 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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Current taxation

Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income.


Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

2.4. Intangible assets and amortisation

Goodwill

Goodwill arising on an acquisition of a business is carried at cost less accumulated impairment losses, if any. Goodwill is amortised over its expected useful life which is estimated to be ten years. Goodwill is assessed for impairment when there are indicators of impairment and any impairment is charged to the income statement. No reversals of impairment are recognised.

2.5. 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:

Rate
Method
%
Plant and machinery
15
Reducing balance
Motor vehicles
25
Reducing balance

3. Employees

The average number of employees during the year was 2 (2025: 2).

4. Intangible assets

Total
£
Cost
At 1 April 2025
12,300
At 31 March 2026
12,300
Amortisation and impairment
At 1 April 2025
2,460
Charge for the period
1,230
At 31 March 2026
3,690
Net book value
At 31 March 2026
8,610
At 31 March 2025
9,840

5. Tangible fixed assets

Total
£
Cost
At 1 April 2025
11,296
At 31 March 2026
11,296
Depreciation and impairment
At 1 April 2025
3,830
Charge for the period
1,389
At 31 March 2026
5,219
Net book value
At 31 March 2026
6,077
At 31 March 2025
7,466

6. Debtors

2026
2025
£
£
Other debtors
108
913
Total due within one year
108
913
Total due after one year
-
-
Total
108
913

7. Creditors due within one year

2026
2025
£
£
Trade creditors
(220)
9
Directors loan account
20,877
22,532
Taxation and social security
1,389
236
Accruals and deferred income
1,818
1,620
Total
23,864
24,397

8. Share capital

2026
2025
£
£
Allotted, called up and fully paid
Ordinary
1
1
Total
1
1