Fulmel Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 2390765

Fulmel Limited

Filleted Unaudited Financial Statements

31 August 2025

Fulmel Limited

Statement of Financial Position

31 August 2025

	2025	2024
Note	£	£

Fixed assets

Tangible assets	6	440,053	454,304

Current assets

Stocks		6,000	6,000
Debtors	7	1,021	1,145
Cash at bank and in hand		28,229	5,734
		--------	--------
		35,250	12,879

Creditors: amounts falling due within one year	8	67,039	55,114
		--------	--------
Net current liabilities		31,789	42,235
		---------	---------
Total assets less current liabilities		408,264	412,069

Creditors: amounts falling due after more than one year	9	304,489	327,734
		---------	---------
Net assets		103,775	84,335
		---------	---------

Capital and reserves

Called up share capital	10	1,000	1,000
Profit and loss account	11	102,775	83,335
		---------	--------
Shareholders funds		103,775	84,335
		---------	--------

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 statement of income and retained earnings has not been delivered.

For the year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Fulmel Limited

Statement of Financial Position (continued)

31 August 2025

These financial statements were approved by the board of directors and authorised for issue on 4 June 2026 , and are signed on behalf of the board by:

C Ferlisi

Director

Company registration number: 2390765

Fulmel Limited

Notes to the Financial Statements

Year ended 31 August 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 77 Windmill Hill, Enfield, Middlesex, EN2 7AF, United Kingdom.

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

(a) Accounting convention

The accounts have been prepared under the historical cost convention and in compliance with the provisions of the Small Companies and Groups (Accounts and Directors’ Report) Regulations 2008 (SI2008/409) and Financial Reporting Standard 102 Section 1A.

(b) Pensions

The company contributes to the director’s personal pension plan, and to its employees’ workplace pensions in compliance with workplace pension legislation. Company contributions are charged to the profit and loss account as they fall due.

(c) Deferred taxation

Full provision is made at current tax rates for deferred tax assets and liabilities arising from timing differences between the recognition of gains and losses in the financial statements and recognition in the tax computation.

(d) Turnover

Turnover comprises revenue arising from goods and services supplied during the year and excludes Value Added Tax.

(e) Tangible fixed assets and depreciation

Fixed assets are stated at cost less accumulated depreciation. Depreciation is provided at the following annual rates calculated to write each asset down to its residual value over its estimated useful life: Land and buildings - 2% straight line Furniture, fittings and equipment - 20% on reducing balance

(f) Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving items.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 9 (2024: 9 ).

5. Tax on profit

	2025	2024
	£	£
Corporation tax charge on the profit for the year @ 19.0% (2024 – 19.0%)	13,982	6,953
	--------	-------

6. Tangible assets

	Land and buildings	Fixtures and fittings	Total
	£	£	£
Cost
At 1 September 2024 and 31 August 2025	628,199	163,910	792,109
	---------	---------	---------
Depreciation
At 1 September 2024	182,329	155,476	337,805
Charge for the year	12,564	1,687	14,251
	---------	---------	---------
At 31 August 2025	194,893	157,163	352,056
	---------	---------	---------
Carrying amount
At 31 August 2025	433,306	6,747	440,053
	---------	---------	---------
At 31 August 2024	445,870	8,434	454,304
	---------	---------	---------

7. Debtors

	2025	2024
	£	£
Other debtors	1,021	1,145
	-------	-------

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	9,920	10,060
Trade creditors	2,904	887
Corporation tax	13,982	6,953
Social security and other taxes	23,174	20,807
Director's current account ( C Ferlisi)	1,563	4,322
Mortgage loan (secured) (current portion)	10,880	8,280
Other creditors	4,616	3,805
	--------	--------
	67,039	55,114
	--------	--------

9. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	3,469	13,313
Mortgage loan (secured) – not wholly repayable within five years	111,020	124,421
Director's loan (C Ferlisi) (unsecured and interest-free)	190,000	190,000
	---------	---------
	304,489	327,734
	---------	---------

10. Called up share capital

	2025	2024
	£	£
Authorised: 1,000 ordinary shares of £1 each	1,000	1,000
Allotted, called up and fully paid: 1,000 ordinary shares of £1 each	1,000	1,000

11. Reserves

	2025	2024
	£	£
Accumulated profits brought forward	83,335	91,392
Profit for the year	35,440	16,943
Dividends paid in the year	(16,000)	(25,000)
	---------	--------
Accumulated profits carried forward	102,775	83,335
	---------	--------