Company Registration No. 10348956 (England and Wales)
Buadh Ltd
Unaudited accounts
for the year ended 31 August 2025
Buadh Ltd
Unaudited accounts
Contents
Buadh Ltd
Company Information
for the year ended 31 August 2025
Directors
David Sherrard
Hayley Sherrard
Huw Sherrard
Niall Sherrard
Company Number
10348956 (England and Wales)
Registered Office
Kemp House
160 City Road
London
EC1V 2NX
Great Britain
Accountants
Peter Hall Finance & Accounting Solutions
131 Garvock Hill
Dunfermline
Fife
KY11 4JU
Buadh Ltd
Accountants' report
Accountants' report to the board of directors of Buadh Ltd on the preparation of the unaudited statutory accounts for the year ended 31 August 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Buadh Ltd for the year ended
31 August 2025 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Buadh Ltd, as a body, in accordance with the terms of our engagement letter dated 1 February 2017. Our work has been undertaken solely to prepare for your approval the accounts of Buadh Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Buadh Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Buadh 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 loss of Buadh Ltd. You consider that Buadh 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 Buadh 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.
Peter Hall Finance & Accounting Solutions
131 Garvock Hill
Dunfermline
Fife
KY11 4JU
21 May 2026
Buadh Ltd
Statement of financial position
as at 31 August 2025
Tangible assets
86,522
88,339
Cash at bank and in hand
1,378
183
Creditors: amounts falling due within one year
(158,659)
(153,334)
Net current liabilities
(157,198)
(153,021)
Net liabilities
(70,676)
(64,682)
Called up share capital
1
1
Profit and loss account
(70,677)
(64,683)
Shareholders' funds
(70,676)
(64,682)
For the year ending 31 August 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 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 of Directors and authorised for issue on 21 May 2026 and were signed on its behalf by
David Sherrard
Director
Company Registration No. 10348956
Buadh Ltd
Notes to the Accounts
for the year ended 31 August 2025
Buadh Ltd is a private company, limited by shares, registered in England and Wales, registration number 10348956. The registered office is Kemp House, 160 City Road, London, EC1V 2NX, Great Britain.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The financial statements have been prepared on a going concern basis. The company incurred a loss during the year and had net liabilities at the balance sheet date. The directors have confirmed their continuing financial support and have no intention of seeking repayment of directors’ loans within the foreseeable future. On this basis, the directors consider it appropriate to prepare the financial statements on the going concern basis.
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.
Fixtures and fittings are capitalised at cost subject to a £300 de minimus.
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Buadh Ltd
Notes to the Accounts
for the year ended 31 August 2025
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2024
100,815
4,244
2,249
107,308
At 31 August 2025
100,815
4,244
2,249
107,308
At 1 September 2024
12,476
4,244
2,249
18,969
Charge for the year
1,817
-
-
1,817
At 31 August 2025
14,293
4,244
2,249
20,786
At 31 August 2025
86,522
-
-
86,522
At 31 August 2024
88,339
-
-
88,339
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2025
2024
Loans from directors
158,659
153,334
The directors’ loans are unsecured, interest free and repayable on demand.
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).