Fullers Commerce Southern Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 10586726

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		2,129		3,649

			2,129		3,649
CURRENT ASSETS
Debtors	5	47,637		66,027
Cash at bank and in hand		134,106		49,176

		181,743		115,203
Creditors: Amounts Falling Due Within One Year	6	(163,897 )		(81,925 )

NET CURRENT ASSETS (LIABILITIES)			17,846		33,278

TOTAL ASSETS LESS CURRENT LIABILITIES			19,975		36,927

Creditors: Amounts Falling Due After More Than One Year	7		(20,000 )		(30,000 )

NET (LIABILITIES)/ASSETS			(25 )		6,927

CAPITAL AND RESERVES
Called up share capital	8		100		100
Profit and Loss Account			(125 )		6,827

SHAREHOLDERS' FUNDS			(25)		6,927

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Fullers Commerce Southern Limited

Balance Sheet (continued)

As At 31 January 2026

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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Mark Fuller

Director

16/10/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Fullers Commerce Southern Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10586726 . The registered office is Priestfield Farm, Henfield Road, Albourne, West Sussex, BN6 9DE.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Turnover

Turnover is measured at the value of the consideration received or receivable, net of discounts .

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings	15% straight line
Computer Equipment	20% straight line

2.4. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

3. Average Number of Employees

Average number of employees, including directors, during the year was:

	2026	2025
Office and administration	5	5

	5	5

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Fullers Commerce Southern Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

4. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 February 2025	2,905	11,170	14,075

As at 31 January 2026	2,905	11,170	14,075

Depreciation
As at 1 February 2025	2,790	7,636	10,426
Provided during the period	30	1,490	1,520

As at 31 January 2026	2,820	9,126	11,946

Net Book Value
As at 31 January 2026	85	2,044	2,129

As at 1 February 2025	115	3,534	3,649

5. Debtors

	2026	2025
	£	£
Due within one year
Directors' loan accounts	1,958	25,609
Freshfield Commercial	1,061	-
Axe Block Management Ltd	26,700	18,500
Fullers Commerce LLP	8,162	12,162
Burns Holdings Ltd	9,756	9,756

	47,637	66,027

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	131,385	49,170
Corporation tax	2,535	2,116
Other taxes and social security	1,269	679
Credit card	358	78
Burntwood Lodge	25,000	25,000
Accruals and deferred income	3,350	3,225
Amounts owed to other participating interests	-	1,657

	163,897	81,925

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Fullers Commerce Southern Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

7. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Directors' loan account	20,000	20,000
Shareholders Loan	-	10,000

	20,000	30,000

8. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	100	100

9. Dividends

	2026	2025
	£	£
On equity shares:
Final dividend paid	16,000	16,000

10. Related Party Transactions

Shareholders loan repayable after 31st December 2016 unsecured at 10% interest per annum

Dividends £1600 (2025: £1,600)

Interest £2,000 (2025: £2,000)

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