FAILURE CREATIVE LTD

FAILURE CREATIVE LTD
Contents Page
For the year ended 30 April 2026

Statement of Financial Position	1
Notes to the Financial Statements	2

FAILURE CREATIVE LTD
Statement of Financial Position
As at 30 April 2026

	Notes	2026 £	2025 £
Fixed assets
Tangible fixed assets	3	2,031	2,243
		2,031	2,243
Current assets
Debtors		47,804	439
Cash at bank and in hand		736	25,815
		48,540	26,254
Creditors: amount falling due within one year		(3,766)	(309)
Net current assets		44,774	25,945

Total assets less current liabilities		46,805	28,188
Net assets		46,805	28,188

Capital and reserves
Called up share capital		1	1
Profit and loss account		46,804	28,187
Shareholders' funds		46,805	28,188

For the year ended 30 April 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the director on 03 November 2026 and were signed by:

-------------------------------
Scott Taylor
Director

1

FAILURE CREATIVE LTD
Notes to the Abridged Financial Statements
For the year ended 30 April 2026

General Information

FAILURE CREATIVE LTD is a private company, limited by shares, registered in England and Wales, registration number 11932097, registration address UNIT A, MARITIME INDUSTRIAL ESTATE , PONTYPRIDD, CF37 1NY.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

2.	Average number of employees Average number of employees during the period was 1 (2025 : 1).

3.

Tangible fixed assets

Cost or valuation	Fixtures and Fittings	Computer Equipment	Total
	£	£	£
At 01 May 2025	10,234	2,177	12,411
Additions	-	-	-
Disposals	-	-	-
At 30 April 2026	10,234	2,177	12,411
Depreciation
At 01 May 2025	7,130	3,038	10,168
Charge for year	1,073	(861)	212
On disposals	-	-	-
At 30 April 2026	8,203	2,177	10,380
Net book values
Closing balance as at 30 April 2026	2,031	-	2,031
Opening balance as at 01 May 2025	3,104	(861)	2,243

2