BUDGO LIMITED


Director	HARVEY-STEVENS, Laura Jayne


Registered Address	The Leigh The Ham
	Coaley
	Dursley
	GL11 5AS


Registered Number	11154032 (England and Wales)

Balance Sheet as at
31 January 2026

	Notes	2026		2025
		£	£	£	£
Fixed assets
Tangible assets	3		352,388		644,508
			352,388		644,508
Current assets
Debtors		133,560		15,000
Cash at bank and on hand		91,907		26,071
		225,467		41,071
Creditors amounts falling due within one year	4	(294,963)		(331,710)
Net current assets (liabilities)			(69,496)		(290,639)
Total assets less current liabilities			282,892		353,869
Creditors amounts falling due after one year	5		(318,726)		(444,965)
Net assets			(35,834)		(91,096)
Capital and reserves
Called up share capital			1		1
Profit and loss account			(35,835)		(91,097)
Shareholders' funds			(35,834)		(91,096)

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 27 August 2026, and are signed on its behalf by:

HARVEY-STEVENS, Laura Jayne
Director
Registered Company No. 11154032

BUDGO LIMITED

Notes to the Financial Statements
for the year ended 31 January 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.

	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


		2026		2025
	Average number of employees during the year	1		1

3.	Tangible fixed assets

	Land & buildings	Total
	£	£
Cost or valuation
At 01 February 25	644,508	644,508
Disposals	(292,120)	(292,120)
At 31 January 26	352,388	352,388
Net book value
At 31 January 26	352,388	352,388
At 31 January 25	644,508	644,508

4.	Creditors: amounts due within one year

	2026	2025
	£	£
Other creditors	292,953	329,910
Accrued liabilities and deferred income	2,010	1,800
Total	294,963	331,710

5.	Creditors: amounts due after one year

	2026	2025
	£	£
Bank borrowings and overdrafts	318,726	444,965
Total	318,726	444,965