BADGER & SQUIRREL LTD


Director	EYBERG, Sean


Registered Address	19 Cotham Road South
	Bristol
	BS6 5TZ


Registered Number	14674476 (England and Wales)

Balance Sheet as at
28 February 2026

	Notes	2026		2025
		£	£	£	£
Fixed assets
Tangible assets			97,927		82,399
			97,927		82,399
Current assets
Debtors	4	3,110		15,584
Cash at bank and on hand		4,986		173
		8,096		15,757
Creditors amounts falling due within one year	5	(158,038)		(93,838)
Net current assets (liabilities)			(149,942)		(78,081)
Total assets less current liabilities			(52,015)		4,318
Creditors amounts falling due after one year	6		(2,957)		(6,264)
Net assets			(54,972)		(1,946)
Capital and reserves
Called up share capital			100		100
Profit and loss account			(55,072)		(2,046)
Shareholders' funds			(54,972)		(1,946)

The company was entitled to exemption from audit for this reporting period 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 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 20 October 2026, and are signed on its behalf by:

EYBERG, Sean
Director
Registered Company No. 14674476

BADGER & SQUIRREL LTD

Notes to the Financial Statements
for the year ended 28 February 2026

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Employee benefits
	Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

Employee benefits

Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

2.	Average number of employees
	The average number of employees was three in the year ended 28 February 2026 and three in the year ended 28 February 2025, as confirmed by management. The FY2025 comparative was previously reported as nil and is restated in these accounts.


		2026		2025
	Average number of employees during the year	3		3

3.	Prior period adjustment
	Prior-period correction — FY2025 comparatives. The corresponding amounts for the year ended 28 February 2025 have been restated to reflect corrections recorded in the accounting records. Payments of £22,960.66 formerly included in direct wages were reclassified to payroll clearing; £10,796.04 of contractor services were recognised in operating expenses; and £3,048.64 of depreciation on assets not yet available for use was reversed. The comparative loss decreased by £15,213.26, from £15,402.23 to £188.97. Opening comparative equity increased by £639.75, comprising a £642.00 pre-comparative wage-to-clearing correction less a £2.25 earlier-dated supplier bill. Net liabilities at 28 February 2025 decreased by £15,853.01, from £17,799.94 to £1,946.93. The corrections do not affect the FY2026 result. Statement figures are presented in whole pounds.

Prior period adjustment

Prior-period correction — FY2025 comparatives. The corresponding amounts for the year ended 28 February 2025 have been restated to reflect corrections recorded in the accounting records. Payments of £22,960.66 formerly included in direct wages were reclassified to payroll clearing; £10,796.04 of contractor services were recognised in operating expenses; and £3,048.64 of depreciation on assets not yet available for use was reversed. The comparative loss decreased by £15,213.26, from £15,402.23 to £188.97. Opening comparative equity increased by £639.75, comprising a £642.00 pre-comparative wage-to-clearing correction less a £2.25 earlier-dated supplier bill. Net liabilities at 28 February 2025 decreased by £15,853.01, from £17,799.94 to £1,946.93. The corrections do not affect the FY2026 result. Statement figures are presented in whole pounds.

4.	Debtors: amounts due after one year

	2026	2025
	£	£
Other debtors	1,500	-
Total	1,500	-


	Other debtors include a £1,500 property security deposit recoverable after more than one year. The deposit is disclosed separately by maturity. Its agreement and recoverability remain subject to preparer review.

5.	Creditors: amounts due within one year

	2026	2025
	£	£
Trade creditors / trade payables	2,391	9,586
Taxation and social security	6,317	-
Other creditors	148,368	84,252
Accrued liabilities and deferred income	962	-
Total	158,038	93,838


	Creditors due within one year include a £17,001 loan from a private lender (2025: £17,001), repayable on demand, and the director’s loan account of £131,367.27 (2025: £67,206.24), also confirmed by management as repayable on demand. The private lender is not named in these accounts. No written agreement or verified interest rate for that loan has been provided; no assumed interest accrual is included.

Creditors due within one year include a £17,001 loan from a private lender (2025: £17,001), repayable on demand, and the director’s loan account of £131,367.27 (2025: £67,206.24), also confirmed by management as repayable on demand. The private lender is not named in these accounts. No written agreement or verified interest rate for that loan has been provided; no assumed interest accrual is included.

6.	Creditors: amounts due after one year

	2026	2025
	£	£
Bank borrowings and overdrafts	2,957	6,264
Total	2,957	6,264