Wabi Sabi Clothing Co Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 15859090

		31 December 2025
	Notes	£	£
FIXED ASSETS
Intangible Assets	4		299
Tangible Assets	5		3,464

			3,763
CURRENT ASSETS
Stocks	6	4,536
Debtors	7	3,441
Cash at bank and in hand		8,380

		16,357
Creditors: Amounts Falling Due Within One Year	8	(30,450 )

NET CURRENT ASSETS (LIABILITIES)			(14,093 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(10,330 )

NET LIABILITIES			(10,330 )

CAPITAL AND RESERVES
Called up share capital	9		10
Profit and Loss Account			(10,340 )

SHAREHOLDERS' FUNDS			(10,330)

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Wabi Sabi Clothing Co Ltd

Balance Sheet (continued)

As At 31 December 2025

For the period ending 31 December 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.

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

On behalf of the board

E D Gibbs

Director

20/04/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Wabi Sabi Clothing Co Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15859090 . The registered office is Apartment 102, Millau 2 Kelham Island, Sheffield, South Yorkshire, S3 8RN.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

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. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

2.3. Intangible Fixed Assets and Amortisation - Intellectual Property

Intellectual property assets are trademarks. They are amortised to the profit and loss account over their estimated economic life of 10 years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	15% Reducing balance
Fixtures & Fittings	15% Reducing balance

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.6. Financial Instruments

Debtors and creditors with no stated interest rate, and repayable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account within overheads.

3. Average Number of Employees

Average number of employees, including directors, during the period was: 2

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Wabi Sabi Clothing Co Ltd

Notes to the Financial Statements (continued)

For the Period 25 July 2024 to 31 December 2025

4. Intangible Assets

	Intellectual Property
	£
Cost
As at 25 July 2024	-
Additions	345

As at 31 December 2025	345

Amortisation
As at 25 July 2024	-
Provided during the period	46

As at 31 December 2025	46

Net Book Value
As at 31 December 2025	299

As at 25 July 2024	-

5. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Total
	£	£	£
Cost
As at 25 July 2024	-	-	-
Additions	3,986	255	4,241

As at 31 December 2025	3,986	255	4,241

Depreciation
As at 25 July 2024	-	-	-
Provided during the period	738	39	777

As at 31 December 2025	738	39	777

Net Book Value
As at 31 December 2025	3,248	216	3,464

As at 25 July 2024	-	-	-

6. Stocks

	31 December 2025
	£
Stock	4,536

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Wabi Sabi Clothing Co Ltd

Notes to the Financial Statements (continued)

For the Period 25 July 2024 to 31 December 2025

7. Debtors

	31 December 2025
	£
Due within one year
Prepayments and accrued income	161
Other debtors	3,280

	3,441

8. Creditors: Amounts Falling Due Within One Year

	31 December 2025
	£
Trade creditors	30
Accruals and deferred income	658
Directors' loan accounts	29,762

	30,450

9. Share Capital

	31 December 2025
	£
Allotted, Called up and fully paid	10

10. Other Commitments

The total of future minimum lease payments under non-cancellable operating leases are as following:

	31 December 2025
	£
Not later than one year	5,340
Later than one year and not later than five years	4,005

	9,345

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