Registration number: 14010624

MEP BADGER INVESTMENTS LTD

Contents

Accountants' Report	1
Abridged Balance Sheet	2 to 3
Notes to the Unaudited Abridged Financial Statements	4 to 6

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
MEP BADGER INVESTMENTS LTD
for the Year Ended 31 March 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of MEP BADGER INVESTMENTS LTD for the year ended 31 March 2025 as set out on pages 2 to 6 from the company's 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 (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/members/regulations-standards-and-guidance/.

This report is made solely to the Board of Directors of MEP BADGER INVESTMENTS LTD , 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 MEP BADGER INVESTMENTS LTD and state those matters that we have agreed to state to the Board of Directors of MEP BADGER INVESTMENTS LTD , 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 MEP BADGER INVESTMENTS LTD and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that MEP BADGER INVESTMENTS LTD 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 MEP BADGER INVESTMENTS LTD . You consider that MEP BADGER INVESTMENTS LTD 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 MEP BADGER INVESTMENTS LTD . 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.

......................................

Page Kirk LLP
Chartered accountants and chartered tax advisers
Sherwood House
7 Gregory Boulevard
Nottingham
NG7 6LB

22 December 2025

MEP BADGER INVESTMENTS LTD

(Registration number: 14010624)
Abridged Balance Sheet as at 31 March 2025

	Note	2025		2024 £
		£	£
Fixed assets
Other financial assets	4		722,041		638,304
Current assets
Debtors		100		100
Cash at bank and in hand		12,346		25,863
		12,446		25,963
Creditors: Amounts falling due within one year		(724,645)		(661,155)
Net current liabilities			(712,199)		(635,192)
Net assets			9,842		3,112
Capital and reserves
Called up share capital		100		100
Revaluation reserve		(37,007)		(21,355)
Profit and loss account		46,749		24,367
Shareholders' funds			9,842		3,112

MEP BADGER INVESTMENTS LTD

(Registration number: 14010624)
Abridged Balance Sheet as at 31 March 2025

For the financial year ending 31 March 2025 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 accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

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 directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 22 December 2025 and signed on its behalf by:
 

......................................... Mr M O Powick Director

MEP BADGER INVESTMENTS LTD

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Sherwood House
7 Gregory Boulevard
Nottingham
NG7 6LB

These financial statements were authorised for issue by the Board on 22 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.

Basis of preparation of financial statements

These financial statements were prepared under the historical cost convention in accordance with applicable United Kingdom accounting standards, including the Financial Reporting Standard 102 ('FRS 102') Section 1A small entities, and with the Companies Act 2006.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

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.

Investments

Investments, including certain financial instruments and private equity, are recognized at fair value on the Balance Sheet at the reporting date.

MEP BADGER INVESTMENTS LTD

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2025

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

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.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

During the year, the average number of employees at the company was 2 (2024 - 2).

4	Other financial assets (current and non-current)

	Financial assets at fair value through profit and loss £	Total £
Non-current financial assets
Cost or valuation
At 1 April 2024	638,383	638,383
Fair value adjustments	15,572	15,572
Additions	118,086	118,086
Disposals	(50,000)	(50,000)
At 31 March 2025	722,041	722,041
Impairment
Carrying amount
At 31 March 2025	722,041	722,041

MEP BADGER INVESTMENTS LTD

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2025

5	Related party transactions

Summary of transactions with other related parties

Amounts payable to related parties, other than loans to directors, amount to £722,623 (2024 - £659,354).

6

Charges

Investments are secured by LGT Bank Ltd by charges by a fixed charge.