H & F BADCOCK MOULDINGS LIMITED

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST JULY 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S Pavitt

REGISTERED OFFICE:

2 Villiers Court

40 Upper Mulgrave Road

Cheam

Surrey

SM2 7AJ

REGISTERED NUMBER:

07702238 (England and Wales)

ACCOUNTANTS:

Halsey & Co (Accountants) Ltd.

Chartered Certified Accountants

Registered Auditors

2 Villiers Court

40 Upper Mulgrave Road

Cheam

Surrey

SM2 7AJ

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

6,306

8,558

6,306

8,558

CURRENT ASSETS

Stocks

5,000

1,500

Debtors

6

4,786

5,100

Cash at bank

1,384

10,750

11,170

17,350

CREDITORS

Amounts falling due within one year

7

1,964

873

NET CURRENT ASSETS

9,206

16,477

TOTAL ASSETS LESS CURRENT LIABILITIES

15,512

25,035

CREDITORS

Amounts falling due after more than one year

8

(70,291

)

(60,979

)

PROVISIONS FOR LIABILITIES

(1,198

)

(1,626

)

NET LIABILITIES

(55,977

)

(37,570

)

CAPITAL AND RESERVES

Called up share capital

9

1

1

Retained earnings

10

(55,978

)

(37,571

)

SHAREHOLDERS' FUNDS

(55,977

)

(37,570

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st July 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 applicable to companies subject to the small companies regime.

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

The financial statements were approved by the director and authorised for issue on 30th September 2025 and were signed by:

S Pavitt - Director

1.	STATUTORY INFORMATION

H & F Badcock Mouldings Limited 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st August 2024

and 31st July 2025

10,000

AMORTISATION

At 1st August 2024

and 31st July 2025

10,000

NET BOOK VALUE

At 31st July 2025

-

At 31st July 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Short

Plant and

and

leasehold

machinery

fittings

£

£

£

COST

At 1st August 2024

14,156

30,669

2,500

Additions

-

1,654

-

At 31st July 2025

14,156

32,323

2,500

DEPRECIATION

At 1st August 2024

11,324

26,901

2,321

Charge for year

2,832

1,084

36

At 31st July 2025

14,156

27,985

2,357

NET BOOK VALUE

At 31st July 2025

-

4,338

143

At 31st July 2024

2,832

3,768

179

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1st August 2024

22,933

2,980

73,238

Additions

-

537

2,191

At 31st July 2025

22,933

3,517

75,429

DEPRECIATION

At 1st August 2024

21,154

2,980

64,680

Charge for year

356

135

4,443

At 31st July 2025

21,510

3,115

69,123

NET BOOK VALUE

At 31st July 2025

1,423

402

6,306

At 31st July 2024

1,779

-

8,558

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Other debtors

2,880

3,774

VAT

1,033

1,326

Prepayments

873

-

4,786

5,100

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Trade creditors

1,964

2,212

Tax

-

(1,339

)

1,964

873

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.7.25

31.7.24

£

£

Directors Current Account

70,291

60,979

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.25

31.7.24

value:

£

£

1

ordinary

£1

1

1

10.

RESERVES

Retained

earnings

£

At 1st August 2024

(37,571

)

Deficit for the year

(18,407

)

At 31st July 2025

(55,978

)

11.	RELATED PARTY DISCLOSURES

At the balance sheet date, the company owed £70,291 (2024 - £60,979) to S Pavitt, the director and shareholder of the company .The amount is interest free and repayable on demand.