2 01/10/2024 30/09/2025 2025-09-30 false false false false false false false true false false true false false false false false true false No description of principal activities is disclosed 2024-10-01 Sage Accounts Production 25.0 - FRS102_2025 xbrli:pure xbrli:shares iso4217:GBP 06255035 2024-10-01 2025-09-30 06255035 2025-09-30 06255035 2024-09-30 06255035 2023-10-01 2024-09-30 06255035 2024-09-30 06255035 2023-09-30 06255035 bus:RegisteredOffice 2024-10-01 2025-09-30 06255035 bus:LeadAgentIfApplicable 2024-10-01 2025-09-30 06255035 bus:Director1 2024-10-01 2025-09-30 06255035 bus:Director2 2024-10-01 2025-09-30 06255035 bus:CompanySecretary1 2024-10-01 2025-09-30 06255035 core:WithinOneYear 2025-09-30 06255035 core:WithinOneYear 2024-09-30 06255035 core:ShareCapital 2025-09-30 06255035 core:ShareCapital 2024-09-30 06255035 core:RetainedEarningsAccumulatedLosses 2025-09-30 06255035 core:RetainedEarningsAccumulatedLosses 2024-09-30 06255035 bus:SmallEntities 2024-10-01 2025-09-30 06255035 bus:AuditExempt-NoAccountantsReport 2024-10-01 2025-09-30 06255035 bus:SmallCompaniesRegimeForAccounts 2024-10-01 2025-09-30 06255035 bus:PrivateLimitedCompanyLtd 2024-10-01 2025-09-30 06255035 bus:AbridgedAccounts 2024-10-01 2025-09-30 06255035 core:PlantMachinery 2024-10-01 2025-09-30 06255035 core:FurnitureFittingsToolsEquipment 2024-10-01 2025-09-30 06255035 1 2024-10-01 2025-09-30
Company registration number: 06255035
Felt Branding Limited
Unaudited filleted abridged financial statements
30 September 2025
Felt Branding Limited
Contents
Directors and other information
Abridged statement of financial position
Notes to the financial statements
Felt Branding Limited
Directors and other information

| Directors | Ms E J Milla
|  | Mr A S Manning
| Secretary | Ms E J Milla
| Company number | 06255035
| Registered office | Polgassick Farm
|  | Lostwithiel
|  | Cornwall
|  | PL22 0HY
| Accountant | Ability Accounting Services Limited
|  | 11 Westbourne Grove
|  | Chelmsford
|  | Essex
|  | CM2 9RT

Felt Branding Limited
Abridged statement of financial position
30 September 2025

|  |  | 2025 |  |  |  | 2024 |  |
|  | Note | £ |  | £ |  | £ |  | £
Fixed assets |  |  |  |  |  |  |  |  |
Tangible assets |  | 5 | 3,985 |  |  |  | 7,644 |  |
|  |  | _______ |  |  |  | _______ |  |
|  |  |  |  | 3,985 |  |  |  | 7,644
Current assets |  |  |  |  |  |  |  |  |
Debtors |  |  | 8,156 |  |  |  | 11,921 |  |
Cash at bank and in hand |  |  | 19,247 |  |  |  | 64,997 |  |
|  |  | _______ |  |  |  | _______ |  |
|  |  | 27,403 |  |  |  | 76,918 |  |
Creditors: amounts falling due |  |  |  |  |  |  |  |  |
within one year |  | 6 | ( 13,909) |  |  |  | ( 26,161) |  |
|  |  | _______ |  |  |  | _______ |  |
Net current assets |  |  |  |  | 13,494 |  |  |  | 50,757
|  |  |  |  | _______ |  |  |  | _______
Total assets less current liabilities |  |  |  |  | 17,479 |  |  |  | 58,401
Provisions for liabilities |  |  |  |  | ( 758) |  |  |  | ( 1,453)
|  |  |  |  | _______ |  |  |  | _______
Net assets |  |  |  |  | 16,721 |  |  |  | 56,948
|  |  |  |  | _______ |  |  |  | _______
Capital and reserves |  |  |  |  |  |  |  |  |
Called up share capital |  |  |  |  | 100 |  |  |  | 100
Profit and loss account |  |  |  |  | 16,621 |  |  |  | 56,848
|  |  |  |  | _______ |  |  |  | _______
Shareholders funds |  |  |  |  | 16,721 |  |  |  | 56,948
|  |  |  |  | _______ |  |  |  | _______

For the year ending 30 September 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.
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 abridged statement of income and retained earnings has not been delivered.
All of the members have consented to the preparation of the abridged statement of income and retained earnings and the abridged statement of financial position for the current year ending 30 September 2025 in accordance with Section 444(2A) of the Companies Act 2006.
These financial statements were approved by the board of directors and authorised for issue on 22 June 2026 , and are signed on behalf of the board by:
Ms E J Milla Mr A S Manning
Director Director
Company registration number: 06255035
Felt Branding Limited
Notes to the financial statements
Year ended 30 September 2025
1. General information
The company is a private company limited by shares, registered in England. The address of the registered office is Felt Branding Limited, Polgassick Farm, Lostwithiel, Cornwall, PL22 0HY.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Operating leases
Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.
Tangible assets
tangible assets are initially recorded at cost, and are 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 & machinery | - | 3 year straight line |
| Fixtures, fittings & equipment | - | 25% reducing balance |

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.
The company only enters into basic financial transactions that result in the recognition of financial assets and liabilities such as trade and other debtors and creditors, loans from banks and other third parties or loans to related parties.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 2 (2024: 3 ).
5. Tangible assets

|  | £ |  |  |  |  |  |
| Cost |  |  |  |  |  |  |
| At 1 October 2024 and 30 September 2025 | 61,814 |  |  |  |  |  |
|  | _______ |  |  |  |  |  |
| Depreciation |  |  |  |  |  |  |
| At 1 October 2024 | 54,170 |  |  |  |  |  |
| Charge for the year | 3,659 |  |  |  |  |  |
|  | _______ |  |  |  |  |  |
| At 30 September 2025 | 57,829 |  |  |  |  |  |
|  | _______ |  |  |  |  |  |
| Carrying amount |  |  |  |  |  |  |
| At 30 September 2025 | 3,985 |  |  |  |  |  |
|  | _______ |  |  |  |  |  |
| At 30 September 2024 | 7,644 |  |  |  |  |  |
|  | _______ |  |  |  |  |  |

6. Creditors: amounts falling due within one year

|  |  | 2025 | 2024
|  |  | £ | £
| Trade creditors |  | 2,269 | 1,308
| Corporation tax |  | 8,165 | 14,253
| Social security and other taxes |  | 2,135 | 9,382
| Other creditors |  | 1,340 | 1,218
|  |  | _______ | _______
|  |  | 13,909 | 26,161
|  |  | _______ | _______

7. Controlling party
The company is controlled equally by the two directors.