JUDSON LTD


2022-04-012023-03-312023-03-31false05891342JUDSON 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JUDSON LTD

Registered Number
05891342
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2023

JUDSON LTD
Company Information
for the year from 1 April 2022 to 31 March 2023

Director

BERGER, Moishe

Company Secretary

BERGER, Pessy

Registered Address

8 Brantwood Road
Salford
M7 4FL

Registered Number

05891342 (England and Wales)
JUDSON LTD
Balance Sheet as at
31 March 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets3135,454135,606
135,454135,606
Current assets
Debtors4,0111,650
Cash at bank and on hand392596
4,4032,246
Creditors amounts falling due within one year4(115,493)(113,694)
Net current assets (liabilities)(111,090)(111,448)
Total assets less current liabilities24,36424,158
Creditors amounts falling due after one year5(121,087)(121,486)
Net assets(96,723)(97,328)
Capital and reserves
Called up share capital100100
Profit and loss account(96,823)(97,428)
Shareholders' funds(96,723)(97,328)
  • 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 Director acknowledges 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 Director on 14 March 2024, and are signed on its behalf by:
BERGER, Moishe
Director
Registered Company No. 05891342
JUDSON LTD
Notes to the Financial Statements
for the year ended 31 March 2023

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 compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on tangible fixed assets as follows:

Straight line (years)
Fixtures and fittings10
2.Average number of employees

20232022
Average number of employees during the year00
3.Tangible fixed assets

Land & buildings

Fixtures & fittings

Total

£££
Cost or valuation
At 01 April 22135,0001,517136,517
At 31 March 23135,0001,517136,517
Depreciation and impairment
At 01 April 22-911911
Charge for year-152152
At 31 March 23-1,0631,063
Net book value
At 31 March 23135,000454135,454
At 31 March 22135,000606135,606
4.Creditors: amounts due within one year

2023

2022

££
Trade creditors / trade payables-777
Other creditors115,133112,257
Accrued liabilities and deferred income360660
Total115,493113,694
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
5.Creditors: amounts due after one year

2023

2022

££
Bank borrowings and overdrafts121,087121,486
Total121,087121,486