THE BULLSHED LTD

Company Information
for the year from 1 September 2024 to 31 August 2025


Directors	Charlotte Elizabeth Baker
	Jacob William Poulter


Registered Address	20 Chorlton Road
	Hulme
	Manchester
	M15 4LL


Registered Number	09194266 (England and Wales)

THE BULLSHED LTD

Balance Sheet as at
31 August 2025

	2025		2024
	£	£	£	£
Fixed assets
Tangible assets		7,561		8,401
		7,561		8,401
Current assets
Stocks	1,159		920
Debtors	3,315		3,315
Cash at bank and on hand	1,489		1,610
	5,963		5,845
Creditors amounts falling due within one year	(9,492)		(7,675)
Net current assets (liabilities)		(3,529)		(1,830)
Total assets less current liabilities		4,032		6,571
Creditors amounts falling due after one year		(1,647)		(5,519)
Net assets		2,385		1,052
Capital and reserves
Called up share capital		100		100
Profit and loss account		2,285		952
Shareholders' funds		2,385		1,052

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 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 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 Board of Directors on 29 May 2026, and are signed on its behalf by:

Charlotte Elizabeth Baker
Director

Jacob William Poulter
Director

Registered Company No. 09194266

THE BULLSHED LTD

Notes to the Financial Statements
for the year ended 31 August 2025

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.

	Stocks and work in progress
	Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss. Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.

Stocks and work in progress

Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss.

Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	3		3