Woolly Sheep Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 03603643

Woolly Sheep Limited

Filleted Unaudited Financial Statements

30 April 2026

Woolly Sheep Limited

Financial Statements

Year ended 30 April 2026

Contents	Page

Balance sheet	1

Notes to the financial statements	3

Woolly Sheep Limited

Balance Sheet

30 April 2026

	2026		2025
Note	£	£	£	£

Fixed assets

Tangible assets	5		15,010		14,560

Current assets

Debtors	6	50,000	60,000
Cash at bank and in hand		107,459	90,012
		---------	---------
		157,459	150,012

Creditors: amounts falling due within one year	7	124,578		158,595
		---------		---------
Net current assets/(liabilities)			32,881		( 8,583)
			--------		--------
Total assets less current liabilities			47,891		5,977

Provisions

Taxation including deferred tax	2,852	2,766
	--------	-------
Net assets	45,039	3,211
	--------	-------

Woolly Sheep Limited

Balance Sheet (continued)

30 April 2026

	2026		2025
Note	£	£	£	£

Capital and reserves

Called up share capital	100	100
Profit and loss account	44,939	3,111
	--------	-------
Shareholders funds	45,039	3,211
	--------	-------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the profit and loss account has not been delivered.

For the year ending 30 April 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 27 May 2026 , and are signed on behalf of the board by:

Mr J R Vaughan
Director

Company registration number: 03603643

Woolly Sheep Limited

Notes to the Financial Statements

Year ended 30 April 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 6 Corunna Court, Corunna Road, Warwick, CV34 5HQ.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis and in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Current tax is recognised on taxable profit for the current and past periods. Deferred tax is recognised in respect of all timing differences at the reporting date.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and machinery	-	25% reducing balance
Fixtures and fittings	-	25% straight line

4. Employee numbers

The average number of persons employed by the company during the year amounted to 1 (2025: 1 ).

5. Tangible assets

	Plant and machinery	Fixtures and fittings	Total
	£	£	£
Cost
At 1 May 2025	16,562	4,020	20,582
Additions	–	5,335	5,335
	--------	-------	--------
At 30 April 2026	16,562	9,355	25,917
	--------	-------	--------
Depreciation
At 1 May 2025	4,140	1,882	6,022
Charge for the year	3,105	1,780	4,885
	--------	-------	--------
At 30 April 2026	7,245	3,662	10,907
	--------	-------	--------
Carrying amount
At 30 April 2026	9,317	5,693	15,010
	--------	-------	--------
At 30 April 2025	12,422	2,138	14,560
	--------	-------	--------

6. Debtors

	2026	2025
	£	£
Other debtors	50,000	60,000
	--------	--------

7. Creditors: amounts falling due within one year

	2026	2025
	£	£
Social security and other taxes	47,532	57,750
Other creditors	77,046	100,845
	---------	---------
	124,578	158,595
	---------	---------

8. Director's advances, credits and guarantees

During the year the director had an interest-free, repayable on demand loan with the company. At the start of the year the director was owed £95,245 by the company and at the end of the year the director was owed £72,046.

9. Related party transactions

During the year the company had a loan with a company which was controlled by the Director. The loan is interest free and repayable on demand. At the start of the year the amount owed to Woolly Sheep Limited was £60,000 and at the end of the year the amount owed was £50,000. A management charge was raised by Woolly Sheep Limited for £50,000 (2025: £50,000) during the year.