Funkyfied Ltd - Filleted accounts

Registered number

14106618

Funkyfied Ltd

Filleted Accounts

31 May 2026

Funkyfied Ltd
Registered number:		14106618
Balance Sheet
as at 31 May 2026

Notes			2026			2025
£				£
Current assets
Debtors	4	1,507			1,500
Cash at bank and in hand		2,555			475
		4,062			1,975

Creditors: amounts falling due within one year	5	(5,715)			(9,184)

Net current liabilities			(1,653)			(7,209)

Net liabilities			(1,653)			(7,209)

Capital and reserves
Called up share capital			100			100
Profit and loss account			(1,753)			(7,309)

Shareholder's funds			(1,653)			(7,209)

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Catherine Matthews
Director
Approved by the board on 6 July 2026

Funkyfied Ltd
Notes to the Accounts
for the year ended 31 May 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

2	Going concern

	The financial statements have been prepared on a going concern basis. The company's ongoing activities are dependent upon the continued support of the director who has undertaken to provide such support for the foreseeable future. If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that may arise and to reclassify fixed assets as current assets and long term liabilities as current liabilities.


	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings	over 50 years
	Leasehold land and buildings	over the lease term
	Plant and machinery	over 5 years
	Fixtures, fittings, tools and equipment	over 5 years

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


3	Employees		2026		2025
Number				Number

	Average number of persons employed by the company		0		0


4	Debtors		2026		2025
£				£

	Trade debtors		1,507		1,500


5	Creditors: amounts falling due within one year		2026		2025
£				£

	Other creditors		5,715		9,184


6	Other information

	Funkyfied Ltd is a private company limited by shares and incorporated in England and Wales. Its registered office is:
	9, James Road
	Blaengarw
	Bridgend
	CF32 8BP