REGISTERED NUMBER: 09020197 (England and Wales)

Financial Statements

for the Year Ended 31 August 2025

for

Fulling Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Ms L Y Wang

REGISTERED OFFICE:

91 The Broadway

Sunderland

Tyne and Wear

SR4 8PA

REGISTERED NUMBER:

09020197 (England and Wales)

Fixed assets

Intangible assets

4

-

-

Tangible assets

5

2,722

2,091

2,722

2,091

Current assets

Stocks

850

650

Cash at bank and in hand

32,042

44,844

32,892

45,494

Creditors

Amounts falling due within one year

6

(13,361

)

(14,675

)

Net current assets

19,531

30,819

Total assets less current liabilities

22,253

32,910

Capital and reserves

Called up share capital

1

1

Retained earnings

7

22,252

32,909

22,253

32,910

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 May 2026 and were signed by:

Ms L Y Wang - Director

1.	STATUTORY INFORMATION

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

2.	ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS

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

TURNOVER

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

GOODWILL

Goodwill is being amortised evenly over its estimated useful life of ten years.

INTANGIBLE ASSETS

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

TANGIBLE FIXED ASSETS

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

15% on reducing balance

STOCKS

Stocks are valued at cost.

TAXATION

Taxation for the year comprises current tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 September 2024

and 31 August 2025

18,000

AMORTISATION

At 1 September 2024

and 31 August 2025

18,000

NET BOOK VALUE

At 31 August 2025

-

At 31 August 2024

-

5.	TANGIBLE FIXED ASSETS

Long

Plant and

leasehold

machinery

Totals

£

£

£

COST

At 1 September 2024

27,995

4,630

32,625

Additions

-

1,050

1,050

At 31 August 2025

27,995

5,680

33,675

DEPRECIATION

At 1 September 2024

27,995

2,539

30,534

Charge for year

-

419

419

At 31 August 2025

27,995

2,958

30,953

NET BOOK VALUE

At 31 August 2025

-

2,722

2,722

At 31 August 2024

-

2,091

2,091

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

3,407

4,878

Corporation tax

-

(1,094

)

Social security and other tax

1,737

578

VAT

7,577

8,882

Pensions

312

301

Directors' current accounts

328

1,130

13,361

14,675

7.

RESERVES

Retained

earnings

£

At 1 September 2024

32,909

Deficit for the year

(10,657

)

At 31 August 2025

22,252