Another Bad Idea Limited

Another Bad Idea Limited Accountants' Report For the year ended 27 September 2024
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Another Bad Idea Limited for the year ended 27 September 2024. In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Another Bad Idea Limited for the year ended 27 September 2024 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the companys accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/members/regulations-standards-and-guidance This report is made solely to the Board of Directors of Another Bad Idea Limited , as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Another Bad Idea Limited and state those matters that we have agreed to state to the Board of Directors of Another Bad Idea Limited , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Another Bad Idea Limited and its Board of Directors as a body for our work or for this report. It is your duty to ensure that Another Bad Idea Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Another Bad Idea Limited . You consider that Another Bad Idea Limited is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the accounts of Another Bad Idea Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts. .................................................... Breslins Birmingham Ltd Chartered Accountants 28 George Street Birmingham West Midlands B3 1QG 23 December 2025 1

Another Bad Idea Limited
Accountants' Report
For the year ended 27 September 2024

Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Another Bad Idea Limited for the year ended 27 September 2024.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Another Bad Idea Limited for the year ended 27 September 2024 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the companys accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/members/regulations-standards-and-guidance
This report is made solely to the Board of Directors of Another Bad Idea Limited , as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Another Bad Idea Limited and state those matters that we have agreed to state to the Board of Directors of Another Bad Idea Limited , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Another Bad Idea Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Another Bad Idea Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Another Bad Idea Limited . You consider that Another Bad Idea Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Another Bad Idea Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

....................................................
Breslins Birmingham Ltd
Chartered Accountants
28 George Street
Birmingham
West Midlands
B3 1QG
23 December 2025

Another Bad Idea Limited
Statement of Financial Position
As at 27 September 2024

	Notes	2024 £	2023 £
Fixed assets
Intangible fixed assets	3	1,200	1,400
Tangible fixed assets	4	179,924	142,649
		181,124	144,049
Current assets
Stocks	5	2,930	1,250
Debtors	6	414,136	349,103
Cash at bank and in hand		(41,697)	67,064
		375,369	417,417
Creditors: amount falling due within one year	7	(510,755)	(531,281)
Net current assets		(135,386)	(113,864)

Total assets less current liabilities		45,738	30,185
Creditors: amount falling due after more than one year	8	(233,693)	(140,631)
Provisions for liabilities	9	(1,887)	(735)
Net assets		(189,842)	(111,181)

Capital and reserves
Called up share capital	10	1	1
Profit and loss account		(189,843)	(111,182)
Shareholders' funds		(189,842)	(111,181)

For the year ended 27 September 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.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 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. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The financial statements were approved by the director on 23 December 2025 and were signed by:

-------------------------------
A Claridge
Director

Another Bad Idea Limited
Notes to the Financial Statements
For the year ended 27 September 2024

General Information

Another Bad Idea Limited is a private company, limited by shares, registered in England and Wales, registration number 11028520, registration address 88 Hill Village Road, Four Oaks, Sutton Coldfield, West Midlands, B75 5BE.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Operating lease rentals

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.

Intangible assets

Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.

Licences and patents
Licences and patents are stated at cost less amortisation. Amortisation of licences is calculated on a straight line basis over the life of the licence. Amortisation of patents is calculated on a straight line basis over the estimated expected useful economic life of the patents of 10 years.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery	10% Straight Line
Fixtures and Fittings	10% Straight Line
Computer Equipment	10% Straight Line
Improvements to property	10% Straight Line

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Debtors and creditors receivable/ payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in the other administrative expenses.

Cash and cash equivalents

Cash at bank and in hand are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 11 (2023 : 13).

Intangible fixed assets

Cost	Other	Total
	£	£
At 29 September 2023	2,000	2,000
Additions	-	-
Disposals	-	-
At 27 September 2024	2,000	2,000
Amortisation
At 29 September 2023	600	600
Charge for year	200	200
On disposals	-	-
At 27 September 2024	800	800
Net book values
At 27 September 2024	1,200	1,200
At 28 September 2023	1,400	1,400

Tangible fixed assets

Cost or valuation	Plant and Machinery	Fixtures and Fittings	Computer Equipment	Improvements to property	Total
	£	£	£	£	£
At 29 September 2023	65,775	22,193	3,276	135,227	226,471
Additions	7,693	46,000	749	9,650	64,092
Disposals	-	-	-	-	-
At 27 September 2024	73,468	68,193	4,025	144,877	290,563
Depreciation
At 29 September 2023	27,962	3,604	3,276	48,980	83,822
Charge for year	7,114	5,669	12	14,022	26,817
On disposals	-	-	-	-	-
At 27 September 2024	35,076	9,273	3,288	63,002	110,639
Net book values
Closing balance as at 27 September 2024	38,392	58,920	737	81,875	179,924
Opening balance as at 29 September 2023	37,813	18,589	-	86,247	142,649

Stocks

	2024 £		2023 £
Stocks	2,930		1,250
	2,930		1,250

Debtors: amounts falling due within one year

	2024 £	2023 £
Trade Debtors	73,289	3,600
Other Debtors	340,847	345,503
	414,136	349,103

Creditors: amount falling due within one year

	2024 £	2023 £
Trade Creditors	115,578	289,370
Taxation and Social Security	203,560	128,139
Other Creditors	191,617	113,772
	510,755	531,281

Creditors: amount falling due after more than one year

	2024 £	2023 £
Bank Loans & Overdrafts	153,534	76,068
Other Creditors	80,159	64,563
	233,693	140,631

Provisions for liabilities

	2024 £		2023 £
Pension Provisions	1,887		735
	1,887		735

10.

Share Capital

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

Registered Number: 11028520
England and Wales
Unaudited Financial Statements

for the year ended 27 September 2024
for
ANOTHER BAD IDEA LIMITED