| Budding Ventures Ltd |
| Registered number: |
11582080 |
| Balance Sheet |
| as at 30 September 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Current assets |
| Debtors |
3 |
|
250 |
|
|
250 |
| Cash at bank and in hand |
|
|
- |
|
|
15 |
|
|
|
250 |
|
|
265 |
|
| Creditors: amounts falling due within one year |
4 |
|
(42,389) |
|
|
(41,400) |
|
| Net current liabilites |
|
|
|
(42,139) |
|
|
(41,135) |
|
| Total assets less current liabilities |
|
|
|
(42,139) |
|
|
(41,135) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
1,000 |
|
|
1,000 |
| Profit and loss account |
|
|
|
(43,139) |
|
|
(42,135) |
|
| Shareholders' funds |
|
|
|
(42,139) |
|
|
(41,135) |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| Samuel Young |
| Director |
| Approved by the board on 23 June 2026 |
|
| Budding Ventures Ltd |
| Notes to the Accounts |
| for the year ended 30 September 2025 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
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). |
|
|
Going concern |
|
The company meets its day to day working capital requirements through loans from a related party. On the basis of the continuing financial support of a related party, the directors consider it appropriate to prepare the financial statements on the going concern basis. The financial statements do not include any adjustments that would result from a withdrawal of these loans. |
|
|
Research and development expenditure |
|
Research expenditure is written off against profits in the year in which it is incurred. Identifiable development expenditure is capitalised to the extent that the technical, commercial and financial feasibility can be demonstrated. |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company, |
3 |
|
3 |
|
including directors |
|
| 3 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Other debtors |
250 |
|
250 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade creditors |
630 |
|
- |
|
Other creditors |
40,959 |
|
40,600 |
|
Accruals |
800 |
|
800 |
|
|
|
|
|
|
42,389 |
|
41,400 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Directors' transactions |
|
|
Advances or credits have been granted by the company to its directors as follows: |
|
|
Description and conditions |
B/fwd |
Advanced |
Repaid |
C/fwd |
| £ |
£ |
£ |
£ |
|
|
Directors |
(11,918) |
|
- |
|
(263) |
|
(12,181) |
|
|
|
(11,918) |
|
- |
|
(263) |
|
(12,181) |
|
|
|
|
|
|
|
|
|
|
The aforementioned advances are unsecured and repayable on demand. |
|
| 6 |
Other information |
|
|
Budding Ventures Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
|
10 Thornbury Road |
|
Plymouth |
|
Devon |
|
PL6 7PP |