Badger Automotive Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 08567255

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		7,312		9,750

			7,312		9,750
CURRENT ASSETS
Stocks	6	190,000		155,000
Debtors	7	708		(22,598 )
Cash at bank and in hand		12,626		66,297

		203,334		198,699
Creditors: Amounts Falling Due Within One Year	8	(85,253 )		(78,710 )

NET CURRENT ASSETS (LIABILITIES)			118,081		119,989

TOTAL ASSETS LESS CURRENT LIABILITIES			125,393		129,739

Creditors: Amounts Falling Due After More Than One Year	9		(22,792 )		(28,749 )

NET ASSETS			102,601		100,990

CAPITAL AND RESERVES
Called up share capital	10		100		100
Profit and Loss Account			102,501		100,890

SHAREHOLDERS' FUNDS			102,601		100,990

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Badger Automotive Limited

Balance Sheet (continued)

As At 31 July 2025

For the year ending 31 July 2025 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.

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

Mr Bryan Jenner

Director

31/10/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Badger Automotive Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08567255 . The registered office is Bolney Place Cowfold Road, Bolney, Haywards Heath, W Sussex, RH17 5QT .

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. 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.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s

interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at

the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less

accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired

entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which

shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their

useful life as follows:

Asset class Amortisation method and rate

Goodwill 20% straight line

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:

Motor Vehicles	25% reducing balance
Furniture, fittings and equipment	25% reducing balance
Office Equipment	33% straight line

2.5. Stocks and Work in Progress

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

2.6. Taxation

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

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Badger Automotive Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

2.7. Pensions

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

2.8. Trade Creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months

after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

2.9. Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

2.10. Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 August 2024	10,900

As at 31 July 2025	10,900

Amortisation
As at 1 August 2024	10,900

As at 31 July 2025	10,900

Net Book Value
As at 31 July 2025	-

As at 1 August 2024	-

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Badger Automotive Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

5. Tangible Assets

	Motor Vehicles	Furniture, fittings and equipment	Total
	£	£	£
Cost
As at 1 August 2024	13,000	1,660	14,660

As at 31 July 2025	13,000	1,660	14,660

Depreciation
As at 1 August 2024	3,250	1,660	4,910
Provided during the period	2,438	-	2,438

As at 31 July 2025	5,688	1,660	7,348

Net Book Value
As at 31 July 2025	7,312	-	7,312

As at 1 August 2024	9,750	-	9,750

6. Stocks

	2025	2024
	£	£
Finished goods and goods for resale	190,000	155,000

7. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	708	(22,598 )

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	1,141	650
Bank loans and overdrafts	22,251	6,000
Other creditors	41,701	42,253
Taxation and social security	20,160	29,807

	85,253	78,710

9. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	22,792	28,749

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

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