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Company Registration No. 10786324 (England and Wales)
THE BUSY BADGER LTD Unaudited accounts for the year ended 31 May 2025
THE BUSY BADGER LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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THE BUSY BADGER LTD Company Information for the year ended 31 May 2025
Director
Miss Giovanna Laura A Lo Faro
Company Number
10786324 (England and Wales)
Registered Office
21 SIDWORTH STREET LONDON E8 3SD ENGLAND
Accountants
Kapook Accountancy Certified Practising Accountants (ICPA) 94 Caledonian Road London N1 9DN
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THE BUSY BADGER LTD Statement of financial position as at 31 May 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
9,799
11,833
Current assets
Inventories
503
500
Debtors
5
22,546
23,027
Cash at bank and in hand
1,572
3,276
24,621
26,803
Creditors: amounts falling due within one year
6
(6,848)
(38,141)
Net current assets/(liabilities)
17,773
(11,338)
Total assets less current liabilities
27,572
495
Creditors: amounts falling due after more than one year
7
(45,547)
(29,849)
Net liabilities
(17,975)
(29,354)
Capital and reserves
Called up share capital
1
1
Profit and loss account
(17,976)
(29,355)
Shareholders' funds
(17,975)
(29,354)
For the year ending 31 May 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 director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 18 December 2025 and were signed on its behalf by
Miss Giovanna Laura A Lo Faro Director Company Registration No. 10786324
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THE BUSY BADGER LTD Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
THE BUSY BADGER LTD is a private company, limited by shares, registered in England and Wales, registration number 10786324. The registered office is 21 SIDWORTH STREET, LONDON, E8 3SD, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Reducing balance
Fixtures & fittings
20% Reducing balance
Computer equipment
20% Reducing balance
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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THE BUSY BADGER LTD Notes to the Accounts for the year ended 31 May 2025
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 June 2024
13,982
24,767
2,915
41,664
Additions
416
-
-
416
At 31 May 2025
14,398
24,767
2,915
42,080
Depreciation
At 1 June 2024
9,616
18,759
1,456
29,831
Charge for the year
956
1,202
292
2,450
At 31 May 2025
10,572
19,961
1,748
32,281
Net book value
At 31 May 2025
3,826
4,806
1,167
9,799
At 31 May 2024
4,366
6,008
1,459
11,833
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
519
1,027
Other debtors
27
-
546
1,027
Amounts falling due after more than one year
Other debtors
22,000
22,000
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
507
1,701
Taxes and social security
-
1,918
Other creditors
3,814
25,031
Loans from directors
2,527
9,491
6,848
38,141
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
25,316
29,849
Other creditors
20,231
-
45,547
29,849
8
Average number of employees
During the year the average number of employees was 4 (2024: 4).
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