BadgeArts Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 10852120

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		2,313		3,433

			2,313		3,433
CURRENT ASSETS
Stocks	5	3,500		3,500
Debtors	6	572		572
Cash at bank and in hand		693		685

		4,765		4,757
Creditors: Amounts Falling Due Within One Year	7	(44,671 )		(36,491 )

NET CURRENT ASSETS (LIABILITIES)			(39,906 )		(31,734 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(37,593 )		(28,301 )

NET LIABILITIES			(37,593 )		(28,301 )

CAPITAL AND RESERVES
Called up share capital	8		1		1
Profit and Loss Account			(37,594 )		(28,302 )

SHAREHOLDERS' FUNDS			(37,593)		(28,301)

Page 1

Page 2

BadgeArts Limited

Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

C T Holdsworth

Director

10 September 2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

BadgeArts Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10852120 . The registered office is Avaland House, 110 London Road, Apsley, Hemel Hempstead, Hertfordshire, HP3 9SD.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Going Concern Disclosure

The company's balance sheet at 31 December 2024 shows net liabilities of £37,593 (2023: £28,301). The company relies on the financial support of its director by way of loans totalling £43,391 included under 'creditors: amounts falling due within one year'. The director has agreed he will not call in the amounts due to him until working capital so permits and to continue to financially support the company. The director therefore considers it appropriate for the financial statements to be prepared on a going concern basis.

2.3. 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. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	20% on cost
Computer Equipment	20% on cost

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2023: NIL)

Page 3

Page 4

BadgeArts Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

4. Tangible Assets

	Plant & Machinery	Computer Equipment	Total
	£	£	£
Cost
As at 1 January 2024	1,860	5,598	7,458

As at 31 December 2024	1,860	5,598	7,458

Depreciation
As at 1 January 2024	1,860	2,165	4,025
Provided during the period	-	1,120	1,120

As at 31 December 2024	1,860	3,285	5,145

Net Book Value
As at 31 December 2024	-	2,313	2,313

As at 1 January 2024	-	3,433	3,433

5. Stocks

	2024	2023
	£	£
Stock	3,500	3,500

6. Debtors

	2024	2023
	£	£
Due within one year
Other debtors	572	572

7. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	480	-
Accruals and deferred income	800	800
Director's loan account	43,391	35,691

	44,671	36,491

8. Share Capital

	2024	2023
Allotted, called up and fully paid	£	£
1 Ordinary Shares of £ 1.00 each	1	1

Page 4