ACCOUNTS - Final Accounts preparation

Registered number: 12214099

TUULI HERBAL LTD

UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025


TUULI HERBAL LTD REGISTERED NUMBER:12214099

BALANCE SHEET

AS AT 30 SEPTEMBER 2025

		2025		2024
Note		£		£

Fixed assets
Intangible assets	4		-		262
			-		262
Current assets
Stocks	5	23,865		19,210
Debtors: amounts falling due within one year	6	1,599		2,366
Cash at bank and in hand		2,428		713
		27,892		22,289
Creditors: amounts falling due within one year	7	(97,748)		(97,748)
Net current liabilities			(69,856)		(75,459)
Total assets less current liabilities			(69,856)		(75,197)

Net liabilities			(69,856)		(75,197)

Capital and reserves
Called up share capital	2	2
Profit and loss account	(69,858)	(75,199)
	(69,856)	(75,197)

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TUULI HERBAL LTD REGISTERED NUMBER:12214099

BALANCE SHEET (CONTINUED)

AS AT 30 SEPTEMBER 2025

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 19 June 2026.

MT Shipster

Director

The notes on pages 3 to 6 form part of these financial statements.

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TUULI HERBAL LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

1.	General information

Tuuli Herbal Ltd (company number: 12214099) is a private company limited by shares and incorporated in England and Wales. Its registered office is Harwood House, 43 Harwood Road, London, SW6 4QP.
The principal activity of the company is the sale of herbal teas and related products.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Going concern

During the year the company generated a profit of £5,341, decreasing the balance sheet deficit to £69,856 at the year end. Within this is a balance of £95,998 (See note 9) owed to the director/shareholder who has agreed to continue to provide such financial support as its required whilst the Company strengthens its own financial position.

In light of the above, the director is confident that the Company will continue in operational existence for the foreseeable future and that the going concern basis is therefore appropriate for the preparation of the Company's accounts.

2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts and value added tax.

2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

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TUULI HERBAL LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

2.Accounting policies (continued)

2.6

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

2.7

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.9

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.10

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Employees

The average monthly number of employees, including directors, during the year was 1 (2024 - 1).

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TUULI HERBAL LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

4.	Intangible assets

		Website
		£
	Cost
	At 1 October 2024	7,663
	At 30 September 2025	7,663
	Amortisation
	At 1 October 2024	7,401
	Charge for the year on owned assets	262
	At 30 September 2025	7,663
	Net book value
	At 30 September 2025	-

5.	Stocks
		2025	2024
		£	£

Raw materials	19,210	9,166
Finished goods	4,655	10,044
	23,865	19,210

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TUULI HERBAL LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

Debtors

					2025	2024
					£	£


Trade debtors	1,031	1,075
Other debtors	568	1,291
	1,599	2,366

7.	Creditors: amounts falling due within one year
		2025	2024
		£	£

Other creditors	95,998	95,998
Accruals and deferred income	1,750	1,750
	97,748	97,748

8.	Related party transactions
	Included in other creditors is a loan from MT Shipster of £95,998 (2024 - £95,998). The above loan is unsecured, interest free and has no fixed terms of repayment.

9.	Controlling party

MT Shipster has ultimate control by virtue of her shareholding.

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