Company Registration No. 09955733 (England and Wales)
Faded Ltd
Unaudited accounts
for the year ended 31 January 2026
Faded Ltd
Unaudited accounts
Contents
Faded Ltd
Company Information
for the year ended 31 January 2026
Directors
Ogar Youram Zakar ESHO
Rawand SOLEMAN
Company Number
09955733 (England and Wales)
Registered Office
1352 Stratford Road
Hall Green
Birmingham
B28 9EH
Faded Ltd
Statement of financial position
as at 31 January 2026
Tangible assets
18,436
23,045
Cash at bank and in hand
3,213
4,440
Creditors: amounts falling due within one year
(20,112)
(16,067)
Net current liabilities
(16,899)
(9,730)
Total assets less current liabilities
1,537
13,315
Creditors: amounts falling due after more than one year
-
(14,167)
Net assets/(liabilities)
1,537
(852)
Called up share capital
100
100
Profit and loss account
1,437
(952)
Shareholders' funds
1,537
(852)
For the year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 28 October 2026 and were signed on its behalf by
Ogar Youram Zakar ESHO
Director
Company Registration No. 09955733
Faded Ltd
Notes to the Accounts
for the year ended 31 January 2026
Faded Ltd is a private company, limited by shares, registered in England and Wales, registration number 09955733. The registered office is 1352 Stratford Road, Hall Green, Birmingham, B28 9EH.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 31 January 2026 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 February 2024.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
- 20% reducing balance
4
Tangible fixed assets
Fixtures & fittings
Faded Ltd
Notes to the Accounts
for the year ended 31 January 2026
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2026
2025
Bank loans and overdrafts
4,167
-
Taxes and social security
1,265
2,868
Other creditors
3,601
2,805
Loans from directors
11,079
9,394
7
Creditors: amounts falling due after more than one year
2026
2025
8
Average number of employees
During the year the average number of employees was 2 (2025: 2).