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Company Registration No. 7613166 (England and Wales)
BAG OF BADGERS LIMITED Unaudited accounts for the year ended 31 March 2022
BAG OF BADGERS LIMITED Unaudited accounts Contents
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BAG OF BADGERS LIMITED Company Information for the year ended 31 March 2022
Directors
R Gee G Rayner
Company Number
7613166 (England and Wales)
Registered Office
LLOYDS BANK CHAMBERS HIGH STREET CREDITON DEVON EX17 3AH UK
Accountants
H W Martin & Co LLP Lloyds Bank Chambers High Street Crediton Devon EX17 3AH
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BAG OF BADGERS LIMITED Statement of financial position as at 31 March 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,153 
2,870 
Current assets
Inventories
5,060 
5,060 
Debtors
8,903 
4,193 
Cash at bank and in hand
749 
5,710 
14,712 
14,963 
Creditors: amounts falling due within one year
(11,703)
(16,614)
Net current assets/(liabilities)
3,009 
(1,651)
Net assets
5,162 
1,219 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
5,160 
1,217 
Shareholders' funds
5,162 
1,219 
For the year ending 31 March 2022 the company 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 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 5 September 2022 and were signed on its behalf by
R Gee Director Company Registration No. 7613166
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BAG OF BADGERS LIMITED Notes to the Accounts for the year ended 31 March 2022
1
Statutory information
BAG OF BADGERS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 7613166. The registered office is LLOYDS BANK CHAMBERS, HIGH STREET, CREDITON, DEVON, EX17 3AH, UK.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance basis
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 April 2021
500 
At 31 March 2022
500 
Amortisation
At 1 April 2021
500 
At 31 March 2022
500 
Net book value
At 31 March 2022
- 
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BAG OF BADGERS LIMITED Notes to the Accounts for the year ended 31 March 2022
5
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 April 2021
14,931 
At 31 March 2022
14,931 
Depreciation
At 1 April 2021
12,061 
Charge for the year
717 
At 31 March 2022
12,778 
Net book value
At 31 March 2022
2,153 
At 31 March 2021
2,870 
6
Debtors: amounts falling due within one year
2022 
2021 
£ 
£ 
Trade debtors
7,903 
3,193 
Other debtors
1,000 
1,000 
8,903 
4,193 
7
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Taxes and social security
6,414 
5,854 
Other creditors
- 
43 
Loans from directors
4,789 
10,217 
Accruals
500 
500 
11,703 
16,614 
8
Average number of employees
During the year the average number of employees was 2 (2021: 2).
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