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REGISTERED NUMBER: 00970320 (England and Wales)















Unaudited Financial Statements for the Year Ended 5 April 2018

for

The Budd Company (UK) Ltd

The Budd Company (UK) Ltd (Registered number: 00970320)






Contents of the Financial Statements
for the year ended 5 April 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


The Budd Company (UK) Ltd

Company Information
for the year ended 5 April 2018







DIRECTORS: A R Budd
Ms N M Chapman





SECRETARY: A R Budd





REGISTERED OFFICE: 57 Grove Walk
NORWICH
Norfolk
NR1 2QQ





REGISTERED NUMBER: 00970320 (England and Wales)





ACCOUNTANTS: Argents Chartered Accountants
15 Palace Street
NORWICH
Norfolk
NR3 1RT

The Budd Company (UK) Ltd (Registered number: 00970320)

Balance Sheet
5 April 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Investments 4 52 52

CURRENT ASSETS
Debtors 5 4,537 24,265

CREDITORS
Amounts falling due within one year 6 4,472 24,200
NET CURRENT ASSETS 65 65
TOTAL ASSETS LESS CURRENT
LIABILITIES

117

117

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 17 17
SHAREHOLDERS' FUNDS 117 117

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies
Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end
of each financial year and of its profit or loss for each financial year in accordance with the requirements of
Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to
financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors on 7 December 2018 and were signed on its behalf
by:





Ms N M Chapman - Director


The Budd Company (UK) Ltd (Registered number: 00970320)

Notes to the Financial Statements
for the year ended 5 April 2018

1. STATUTORY INFORMATION

The Budd Company (UK) Ltd is a private company, limited by shares , registered in England and Wales. The
company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to
the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or
substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the
balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from
those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws
that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal
of the timing difference.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2017 - 2 ) .

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 6 April 2017
and 5 April 2018 52
NET BOOK VALUE
At 5 April 2018 52
At 5 April 2017 52

The Budd Company (UK) Ltd (Registered number: 00970320)

Notes to the Financial Statements - continued
for the year ended 5 April 2018

4. FIXED ASSET INVESTMENTS - continued

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Contract Personnel
Registered office: England and Wales
Nature of business: supply of temporary workers
%
Class of shares: holding
Ordinary 52.00
1.4.18 2.4.17
£    £   
Aggregate capital and reserves 696,003 515,085
Profit for the period 200,818 7,852

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Amounts owed by group undertakings 4,537 24,265

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Other creditors 4,472 24,200