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Registration number: 08858921

Honeybadger Holdings Ltd

Unaudited Filleted Financial Statements

for the Year Ended 31 December 2024

 

Honeybadger Holdings Ltd

(Registration number: 08858921)
Statement of Financial Position as at 31 December 2024

Note

2024
£

2023
£

Creditors: Amounts falling due within one year

5

(7,524,827)

(7,414,525)

Capital and reserves

 

Called up share capital

1

1

Retained earnings

(7,524,828)

(7,414,526)

Shareholders' deficit

 

(7,524,827)

(7,414,525)

 

Honeybadger Holdings Ltd

(Registration number: 08858921)
Statement of Financial Position as at 31 December 2024

For the financial 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.

Director's responsibilities:

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

The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Income Statement.

Approved and authorised by the director on 23 December 2025
 

..............................................
Neil Tanner
Director

 

Honeybadger Holdings Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

1

General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
C/o Torgersens
4 Lansdowne Terrace
Gosforth
Newcastle Upon Tyne
NE3 1HN

These financial statements were authorised for issue by the director on 23 December 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

 

Honeybadger Holdings Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.


Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

4

Investments

2024
£

2023
£

Subsidiaries

£

Cost or valuation

At 1 January 2024

5,246,079

Provision

At 1 January 2024

5,246,079

Carrying amount

At 31 December 2024

-

Details of undertakings

Details of the investments (including principal place of business of unincorporated entities) in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

 

Honeybadger Holdings Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Undertaking

Registered office

Holding

Proportion of voting rights and shares held

2024

2023

Subsidiary undertakings

Honeybadger Solutions Limited

C/O Torgersens 4 Lansdowne Terrace, Gosforth, Newcastle Upon Tyne, England, NE3 1HN.

United Kingdom

Ordinary

100%

100%

0%

0%

Subsidiary undertakings

5

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Amounts owed to group undertakings and undertakings in which the company has a participating interest

7,522,727

7,413,725

Taxation and social security

 

900

800

Accruals and deferred income

 

1,200

-

 

7,524,827

7,414,525

6

Parent and ultimate parent undertaking

The company's immediate parent is NRS Media Intermediate Holdings LLC, incorporated in the USA.

 The ultimate parent is NRS Media Parent LLP, incorporated in the USA.

 The ultimate controlling party is R Waud.