BrightAccountsProduction v1.0.0 v1.0.0 2025-02-01 The company was not dormant during the period The company was trading for the entire period Amusement and Recreation Activities 22 May 2026 32 32 NI628508 2026-01-31 NI628508 2025-01-31 NI628508 2024-01-31 NI628508 2025-02-01 2026-01-31 NI628508 2024-02-01 2025-01-31 NI628508 uk-bus:PrivateLimitedCompanyLtd 2025-02-01 2026-01-31 NI628508 uk-curr:PoundSterling 2025-02-01 2026-01-31 NI628508 uk-bus:SmallCompaniesRegimeForAccounts 2025-02-01 2026-01-31 NI628508 uk-bus:FullAccounts 2025-02-01 2026-01-31 NI628508 uk-bus:Director1 2025-02-01 2026-01-31 NI628508 uk-bus:Director2 2025-02-01 2026-01-31 NI628508 uk-bus:RegisteredOffice 2025-02-01 2026-01-31 NI628508 uk-bus:Agent1 2025-02-01 2026-01-31 NI628508 uk-bus:AuditExemptWithAccountantsReport 2025-02-01 2026-01-31 NI628508 uk-core:ShareCapital 2026-01-31 NI628508 uk-core:ShareCapital 2025-01-31 NI628508 uk-core:RetainedEarningsAccumulatedLosses 2026-01-31 NI628508 uk-core:RetainedEarningsAccumulatedLosses 2025-01-31 NI628508 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2026-01-31 NI628508 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2025-01-31 NI628508 uk-bus:FRS102 2025-02-01 2026-01-31 NI628508 uk-core:Land 2025-02-01 2026-01-31 NI628508 uk-core:PlantMachinery 2025-02-01 2026-01-31 NI628508 uk-core:FurnitureFittingsToolsEquipment 2025-02-01 2026-01-31 NI628508 uk-core:MotorVehicles 2025-02-01 2026-01-31 NI628508 uk-core:WithinOneYear 2026-01-31 NI628508 uk-core:WithinOneYear 2025-01-31 NI628508 uk-core:WithinOneYear 2026-01-31 NI628508 uk-core:WithinOneYear 2025-01-31 NI628508 uk-core:AfterOneYear 2026-01-31 NI628508 uk-core:AfterOneYear 2025-01-31 NI628508 uk-core:BetweenOneTwoYears 2026-01-31 NI628508 uk-core:BetweenOneTwoYears 2025-01-31 NI628508 uk-core:BetweenTwoFiveYears 2026-01-31 NI628508 uk-core:BetweenTwoFiveYears 2025-01-31 NI628508 uk-core:OtherMiscellaneousReserve 2025-01-31 NI628508 uk-core:OtherMiscellaneousReserve 2025-02-01 2026-01-31 NI628508 uk-core:AcceleratedTaxDepreciationDeferredTax 2026-01-31 NI628508 uk-core:TaxLossesCarry-forwardsDeferredTax 2026-01-31 NI628508 uk-core:OtherDeferredTax 2026-01-31 NI628508 uk-core:RevaluationPropertyPlantEquipmentDeferredTax 2026-01-31 NI628508 uk-core:OtherMiscellaneousReserve 2026-01-31 NI628508 2025-02-01 2026-01-31 xbrli:pure iso4217:GBP xbrli:shares

Company Registration Number: NI628508

Funky Fun Ltd

Unaudited Financial Statements

for the financial year ended 31 January 2026

Funky Fun Ltd

DIRECTORS AND OTHER INFORMATION

Directors | Cheryl Johnston
| Andrew Johnston
Company Registration Number | NI628508
Registered Office and Business Address | 11 Gransha Close
| Comber
| Newtownards
| Down
| BT23 5RB
| United Kingdom
Accountants | Quarter
| Chartered Accountants
| St Anne's House
| 15 Church Street
| Cathedral Quarter
| Belfast
| BT1 1PG
Bankers | Ulster Bank
| Arches Retail Park
| Connswater Link
| Belfast
| Antrim
| BT5 4AF

Funky Fun Ltd

CHARTERED ACCOUNTANTS REPORT

to the Board of Directors on the Compilation of the unaudited financial statements of Funky Fun Ltd

for the financial year ended 31 January 2026

In accordance with the engagement letter and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled for your approval the financial statements of the company for the financial year ended 31 January 2026 as set out on pages to which comprise the Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given to us.

This report is made solely to the Board of Directors of Funky Fun Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken so that we might compile the financial statements that we have been engaged to compile, report to the company’s Board of Directors that we have done so, and state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and its Board of Directors, as a body, for our work or for this report.

We have carried out this engagement in accordance with guidance issued by Chartered Accountants Ireland and have complied with the relevant ethical guidance laid down by Chartered Accountants Ireland relating to members undertaking the compilation of financial statements.

You have acknowledged on the Statement of Financial Position for the year ended 31 January 2026 your duty to ensure that Funky Fun Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Funky Fun Ltd. You consider that Funky Fun Ltd is exempt from the statutory audit requirement for the financial year.

We have not been instructed to carry out an audit or a review of the financial statements of Funky Fun Ltd. For this reason, we have not verified the adequacy, accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

QUARTER

Chartered Accountants

St Anne's House

15 Church Street

Cathedral Quarter

Belfast

BT1 1PG

22 May 2026

Funky Fun Ltd

Company Registration Number: NI628508

STATEMENT OF FINANCIAL POSITION

as at 31 January 2026

|  |  | 2026 |  | 2025
|  | Notes | £ |  | £
Non-Current Assets

Property, plant and equipment |  | 4 | 30,714 |  | 40,291
|  |  | ───────── |  | ─────────
Current Assets

Inventories |  | 5 | 3,610 |  | 3,450
Receivables |  | 6 | 4,365 |  | 8,530
Cash and cash equivalents |  |  | 101,848 |  | 111,523
|  |  | ───────── |  | ─────────
|  |  | 109,823 |  | 123,503
|  |  | ───────── |  | ─────────
Payables: amounts falling due within one year |  | 7 | (25,825) |  | (21,822)
|  |  | ───────── |  | ─────────
Net Current Assets |  |  | 83,998 |  | 101,681
|  |  | ───────── |  | ─────────
Total Assets less Current Liabilities |  |  | 114,712 |  | 141,972
Payables:

amounts falling due after more than one year |  | 8 | (19,734) |  | (25,279)
Provisions for liabilities |  | 10 | (3,061) |  | (4,872)
|  |  | ───────── |  | ─────────
Net Assets |  |  | 91,917 |  | 111,821
|  |  | ═════════ |  | ═════════
Equity

Called up share capital |  |  | 2 |  | 2
Retained earnings |  |  | 91,915 |  | 111,819
|  |  | ───────── |  | ─────────
Equity attributable to owners of the company |  |  | 91,917 |  | 111,821
|  |  | ═════════ |  | ═════════
The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A (Small Entities).

The company has taken advantage of the exemption under section 444 not to file the Income Statement and Directors' Report.

For the financial year ended 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Approved by the Board and authorised for issue on 22 May 2026 and signed on its behalf by

________________________________ |  |  |  |  |
Cheryl Johnston |  |  |  |  |
Director |  |  |  |  |

Funky Fun Ltd

NOTES TO THE FINANCIAL STATEMENTS

for the financial year ended 31 January 2026

1. | General Information
| Funky Fun Ltd is a company limited by shares incorporated in Northern Ireland. 11 Gransha Close, Comber, Newtownards, Down, BT23 5RB, United Kingdom is the registered office, which is also the principal place of business of the company. The nature of the company’s operations and its principal activities are set out in the Directors' Report. The financial statements have been presented in Pound (£) which is also the functional currency of the company.

2. | Summary of Significant Accounting Policies
| The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
| Statement of compliance
| The financial statements of the company for the year ended 31 January 2026 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
| Basis of preparation
| The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
| Revenue
| Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.
| Property, plant and equipment and depreciation
| Property, plant and equipment are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of property, plant and equipment, less their estimated residual value, over their expected useful lives as follows:
|  | Long leasehold property | - | 25% Straight line
|  | Plant and machinery | - | 25% Straight line
|  | Fixtures, fittings and equipment | - | 25% Straight line
|  | Motor vehicles | - | 25% Straight line
| The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.
| Inventories
| Inventories are valued at the lower of cost and net realisable value. Inventories are determined on a first-in first-out basis. Cost comprises expenditure incurred in the normal course of business in bringing inventories to their present location and condition. Full provision is made for obsolete and slow moving items. Net realisable value comprises actual or estimated selling price (net of trade discounts) less all further costs to completion or to be incurred in marketing and selling.
| Trade and other receivables
| Trade and other receivables are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
| Borrowing costs
| Borrowing costs relating to the acquisition of assets are capitalised at the appropriate rate by adding them to the cost of assets being acquired. Investment income earned on the temporary investment of specific borrowings pending their expenditure on the assets is deducted from the borrowing costs eligible for capitalisation. All other borrowing costs are recognised in profit or loss in the period in which they are incurred.
| Provisions
| Provisions are recognised when the company has a present legal or constructive obligation arising as a result of a past event, it is probable that an outflow of economic benefits will be required to settle the obligation and a reliable estimate can be made. Provisions are measured at the present value of the expenditures expected to be required to settle the obligation using a pre-tax rate that reflects current market assessments of the same value of money and the risks specific to the obligation. The increase in the provision due to passage of time is recognised as interest expense.
| Trade and other payables
| Trade and other payables are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
| Employee benefits
| The company operates a stakeholder pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund.
| Taxation and deferred taxation
| Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Statement of Financial Position date. Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements. Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
| Foreign currencies
| Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Statement of Financial Position date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Income Statement.

3. | Employees
| The average monthly numbers of employees, including directors, during the financial year was 32. (2024 - 35).
|  | 2026 | 2025
|  | Number | Number
| Employees | 32 | 32
|  | ═════════ | ═════════

4. | Property, plant and equipment
|  | Long | Plant and | Fixtures, | Motor | Total
|  | leasehold | machinery | fittings and | vehicles |
|  | property |  | equipment |  |
|  | £ | £ | £ | £ | £
| Cost
| At 1 February 2025 | 15,085 | - | 159,034 | 25,940 | 200,059
| Additions | 1,367 | 3,700 | 1,166 | - | 6,233
|  | ───────── | ───────── | ───────── | ───────── | ─────────
| At 31 January 2026 | 16,452 | 3,700 | 160,200 | 25,940 | 206,292
|  | ───────── | ───────── | ───────── | ───────── | ─────────
| Depreciation
| At 1 February 2025 | 8,237 | - | 138,539 | 12,992 | 159,768
| Charge for the financial year | 4,109 | 540 | 7,923 | 3,238 | 15,810
|  | ───────── | ───────── | ───────── | ───────── | ─────────
| At 31 January 2026 | 12,346 | 540 | 146,462 | 16,230 | 175,578
|  | ───────── | ───────── | ───────── | ───────── | ─────────
| Carrying amount
| At 31 January 2026 | 4,106 | 3,160 | 13,738 | 9,710 | 30,714
|  | ═════════ | ═════════ | ═════════ | ═════════ | ═════════
| At 31 January 2025 | 6,848 | - | 20,495 | 12,948 | 40,291
|  | ═════════ | ═════════ | ═════════ | ═════════ | ═════════

5. | Inventories | 2026 | 2025
|  | £ | £
| Finished goods and goods for resale | 3,610 | 3,450
|  | ═════════ | ═════════
| The replacement cost of stock did not differ significantly from the figures shown.

6. | Receivables | 2026 | 2025
|  | £ | £
| Trade receivables | 4,365 | 8,530
|  | ═════════ | ═════════

7. | Payables | 2026 | 2025
| Amounts falling due within one year | £ | £
| Bank loan | 6,223 | 6,223
| Trade payables | 1,554 | 1,571
| Taxation (Note 9) | 10,682 | 11,262
| Directors' current accounts | 4,866 | 266
| Accruals | 2,500 | 2,500
|  | ───────── | ─────────
|  | 25,825 | 21,822
|  | ═════════ | ═════════

8. | Payables | 2026 | 2025
| Amounts falling due after more than one year | £ | £
| Bank loan | 19,734 | 25,279
|  | ═════════ | ═════════
| Loans
| Repayable in one year or less, or on demand (Note 7) | 6,223 | 6,223
| Repayable between one and two years | 6,222 | 6,222
| Repayable between two and five years | 13,512 | 19,057
|  | ───────── | ─────────
|  | 25,957 | 31,502
|  | ═════════ | ═════════

9. | Taxation | 2026 | 2025
|  | £ | £
| Payables:
| VAT | 3,803 | 3,626
| Corporation tax | 6,421 | 7,207
| PAYE / NI | 458 | 429
|  | ───────── | ─────────
|  | 10,682 | 11,262
|  | ═════════ | ═════════

10. | Provisions for liabilities
| The amounts provided for deferred taxation are analysed below:
|  | Capital | Total | Total
|  | allowances |  |
|  |  | 2026 | 2025
|  | £ | £ | £
| At financial year start | 4,872 | 4,872 | 3,031
| Charged to profit and loss | (1,811) | (1,811) | 1,841
|  | ───────── | ───────── | ─────────
| At financial year end | 3,061 | 3,061 | 4,872
|  | ═════════ | ═════════ | ═════════

11. | Capital commitments
| The company had no material capital commitments at the financial year-ended 31 January 2026.