Woolkind Limited

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

Registered number: SC749481

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		9,497		10,968

			9,497		10,968
CURRENT ASSETS
Stock	5	3,435		3,190
Debtors	6	9,276		2,648
Cash at bank and in hand		7,260		10,149

		19,971		15,987
Creditors: Amounts Falling Due Within One Year	7	(17,132 )		(38,867 )

NET CURRENT ASSETS (LIABILITIES)			2,839		(22,880 )

TOTAL ASSETS LESS CURRENT LIABILITIES			12,336		(11,912 )

Creditors: Amounts Falling Due After More Than One Year	8		(14,673 )		-

NET LIABILITIES			(2,337 )		(11,912 )

CAPITAL AND RESERVES
Called up share capital	9		2		2
Profit and Loss Account			(2,339 )		(11,914 )

SHAREHOLDERS' FUNDS			(2,337)		(11,912)

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Woolkind Limited

Balance Sheet (continued)

As At 30 September 2025

For the year ending 30 September 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

Mr L Disotto

20 May 2026

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

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Woolkind Limited

Notes to the Financial Statements

For The Year Ended 30 September 2025

Notes to the Financial Statements

1. General Information

Woolkind Limited is a private company, limited by shares, incorporated in Scotland, registered number SC749481 . The registered office is 4a Thirlestane Lane, Edinburgh, EH9 1AJ.

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. Going Concern Disclosure

The director has carried out an assessment of the going concern position of the company, including consideration of the company's net liability position. With their continued support, the director has concluded that they have a reasonable expectation that the company has adequate access to resources to continue as a going concern for a period of at least 12 months. Accordingly, they continue to adopt the going concern basis in preparing these financial statements.

2.3. 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.

2.4. 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	12.5% straight line
Computer Equipment	33.3% straight line

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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

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Woolkind Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

4. Tangible Assets

	Plant & Machinery	Computer Equipment	Total
	£	£	£
Cost
As at 1 October 2024	13,524	1,113	14,637
Additions	347	292	639
Disposals	-	(557 )	(557 )

As at 30 September 2025	13,871	848	14,719

Depreciation
As at 1 October 2024	2,958	711	3,669
Provided during the period	1,691	388	2,079
Disposals	-	(526 )	(526 )

As at 30 September 2025	4,649	573	5,222

Net Book Value
As at 30 September 2025	9,222	275	9,497

As at 1 October 2024	10,566	402	10,968

5. Stock

	2025	2024
	£	£
Stock	3,435	3,190

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	2,457	-
Prepayments and accrued income	6,819	2,648

	9,276	2,648

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Woolkind Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	1,946	-
VAT	1,795	1,206
Other creditors	272	295
Accruals and deferred income	3,124	540
Directors' loan accounts	9,995	36,826

	17,132	38,867

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

	2025	2024
	£	£
Directors loan account	14,673	-

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	2	2

10. Related Party Transactions

As at 30 September 2025, the amount owed to Ms J Russell by the company was £11,302 (2024: £18,407) and the amount owed to Mr L Disotto was £13,365 (2024: £18,419).

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