Badger's Drift LLP

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: OC456271

		30 April 2026
	Notes	£	£
FIXED ASSETS
Tangible Assets	4		1,840,000

			1,840,000
CURRENT ASSETS
Debtors	5	43,732

		43,732
Creditors: Amounts Falling Due Within One Year	6	(780 )

NET CURRENT ASSETS (LIABILITIES)			42,952

TOTAL ASSETS LESS CURRENT LIABILITIES			1,882,952

Creditors: Amounts Falling Due After More Than One Year	7		(502,947 )

NET ASSETS ATTRIBUTABLE TO MEMBERS			1,380,005

REPRESENTED BY:
Loans and other debts due to members within one year
Members' capital classified as a liability		1,330,000
Other amounts		50,005

			1,380,005

			1,380,005

TOTAL MEMBERS' INTEREST
Amounts due from members			(43,228)
Loans and other debts due to members within one year			1,380,005

			1,336,777

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Page 2

Badger's Drift LLP

Balance Sheet (continued)

As At 30 April 2026

For the period ending 30 April 2026 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 applicable to LLPs subject to the small LLPs regime.)

The members acknowledge their responsibilities for complying with the requirements of the Act (as applied to LLPs) with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The LLP has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account.

On behalf of the members

Harry Westbrook

Designated Member

28 July 2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Badger's Drift LLP is a limited liability partnership, incorporated in England & Wales, registered number OC456271 . The Registered Office is 19 Belsize Park Gardens, London, NW3 4JG.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in May 2024 (SORP) and the Companies Act 2006 (as applied to LLPs).

The financial statements are prepared in sterling which is the functional currency of the LLP.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Income from investment properties

Rental income from investment properties leased out under an operating lease is recognised in the income statement on a straight-line basis over the term of the lease. Lease incentives granted are recognised as an integral part of the total rental income over the life of the lease.

2.3. Investment Properties

All investment properties are carried at cost. The carrying value of investment properties is reviewed annually and, where necessary, adjusted for any impairment arising from changes in the condition, nature or market circumstances relating to the specific asset. No depreciation is provided for. Any impairment losses are recognised in the profit and loss account.

3. Average Number of Employees

Average number of employees, including members with contracts of employment, during the period was: NIL

4. Tangible Assets

	Investment Properties
	£
Cost
As at 8 April 2025	-
Additions	1,840,000

As at 30 April 2026	1,840,000

Net Book Value
As at 30 April 2026	1,840,000

As at 8 April 2025	-

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Badger's Drift LLP

Notes to the Financial Statements (continued)

For the Period 8 April 2025 to 30 April 2026

The investment properties were valued by the partners of the LLP at 30 April 2026 based on their original cost.

5. Debtors

	30 April 2026
	£
Due within one year
Prepayments and accrued income	504
Amounts due from members	43,228

	43,732

6. Creditors: Amounts Falling Due Within One Year

	30 April 2026
	£
Accruals and deferred income	780

7. Creditors: Amounts Falling Due After More Than One Year

	30 April 2026
	£
Bank loans	502,947

8. Secured Creditors

Of the creditors the following amounts are secured.

	30 April 2026
	£
Bank loans and overdrafts	502,947

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