Badley Geoscience Holdings Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 13597864

BADLEY GEOSCIENCE HOLDINGS LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 December 2024

BADLEY GEOSCIENCE HOLDINGS LIMITED

STATEMENT OF FINANCIAL POSITION

31 December 2024

	2024	2023
Note	£	£

Fixed assets

Investments	4	1,930,670	1,930,670

Current assets

Debtors	5	100	100
Cash at bank and in hand		243	30,099
		-----	---------
		343	30,199

Creditors: amounts falling due within one year	6	550	300
		-----	---------
Net current (liabilities)/assets		( 207)	29,899
		--------------	--------------
Total assets less current liabilities		1,930,463	1,960,569
		--------------	--------------

BADLEY GEOSCIENCE HOLDINGS LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

31 December 2024

	2024	2023
Note	£	£

Capital and reserves

Called up share capital	100	100
Profit and loss account	1,930,363	1,960,469
	--------------	--------------
Shareholders funds	1,930,463	1,960,569
	--------------	--------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

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.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 25 September 2025 , and are signed on behalf of the board by:

A S Foster	Dr D Quinn
Director	Director

Company registration number: 13597864

BADLEY GEOSCIENCE HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 DECEMBER 2024

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is North Beck House, North Beck Lane, Hundleby, Spilsby, Lincolnshire, PE23 5NB, United Kingdom.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Consolidation

The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.

Investments in subsidiaries and associates

Investments in subsidiaries and associates are accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Other financial instruments, including derivatives, are recognised at fair value, with any subsequent changes to fair value recognised in profit or loss.

4. Investments

	Shares in group undertakings
	£
Cost
At 1 January 2024 and 31 December 2024	1,930,670
	--------------
Impairment
At 1 January 2024 and 31 December 2024	–
	--------------

Carrying amount
At 31 December 2024	1,930,670
	--------------
At 31 December 2023	1,930,670
	--------------

5. Debtors

	2024	2023
	£	£
Other debtors	100	100
	-----	-----

6. Creditors: amounts falling due within one year

	2024	2023
	£	£
Amounts owed to group undertakings and undertakings in which the company has a participating interest	550	300
	-----	-----

7. Controlling party

The company was under the control of the directors throughout the current and previous year.