REGISTERED NUMBER: 12820867 (England and Wales)

Cessation Financial Statements

for the Year Ended 31 January 2026

for

FELLS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr S C Littlewood

SECRETARY:

Miss C Leland

REGISTERED OFFICE:

42 Lytton Road

Barnet

Hertfordshire

EN5 5BY

REGISTERED NUMBER:

12820867 (England and Wales)

ACCOUNTANTS:

JLA Accountants

42 Lytton Road

Barnet

Hertfordshire

EN5 5BY

FIXED ASSETS

Tangible assets

4

-

540

CURRENT ASSETS

Debtors

5

165

58,389

Cash at bank

124

4,554

289

62,943

CREDITORS

Amounts falling due within one year

6

181

49,285

NET CURRENT ASSETS

108

13,658

TOTAL ASSETS LESS CURRENT LIABILITIES

108

14,198

CAPITAL AND RESERVES

Called up share capital

7

99

99

Retained earnings

9

14,099

SHAREHOLDERS' FUNDS

108

14,198

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 11 September 2026 and were signed by:

Mr S C Littlewood - Director

1.	STATUTORY INFORMATION

Fells Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The company ceased trading on 31st January 2026. The director have resolved that the company will not continue in business and the financial statements have therefore not been prepared on the going concern basis. Assets have been measured at their estimated recoverable amounts and liabilities include all obligations expected to be settled.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

Straight line over 3 years

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - NIL ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 February 2025

1,330

Disposals

(1,330

)

At 31 January 2026

-

DEPRECIATION

At 1 February 2025

790

Charge for year

162

Eliminated on disposal

(952

)

At 31 January 2026

-

NET BOOK VALUE

At 31 January 2026

-

At 31 January 2025

540

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Amounts owed by group undertakings

150

-

Directors' current accounts

-

10,505

VAT

15

-

Prepayments and accrued income

-

47,884

165

58,389

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Amounts owed to group undertakings

-

46,350

Tax

-

34

VAT

-

171

Other creditors

-

2,000

Directors' current accounts

181

-

Accruals and deferred income

-

730

181

49,285

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.26

31.1.25

value:

£

£

98

A Ordinary

£1

98

98

1

B Ordinary

£1

1

1

99

99

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2026 and 31 January 2025:

31.1.26

31.1.25

£

£

Mr S C Littlewood

Balance outstanding at start of year

10,505

-

Amounts advanced

894

63,605

Amounts repaid

(11,580

)

(53,100

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(181

)

10,505

As at the balance sheet date, included in creditors due within one year is £181 (2024: £(10,505)), due and payable by company to the director.

9.	RELATED PARTY DISCLOSURES

At the balance sheet date the company was owed £150 (2025: £46,350 owed to) from Estu Global Limited. The companies are related parties by virtue of the fact that they are under common control.