POLYDOMIC LIMITED

Company Registration Number:
09205517 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2021

Period of accounts

Start date: 01 January 2021

End date: 31 December 2021

POLYDOMIC LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2021

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

POLYDOMIC LIMITED

Company Information

for the Period Ended 31 December 2021




Director: Nikolaos Smyrnaios
Registered office: 85
Great Portland Street
First Floor
London
W1W 7LT
Company Registration Number: 09205517 (England and Wales)

POLYDOMIC LIMITED

Directors' Report Period Ended 31 December 2021

The directors present their report with the financial statements of the company for the period ended 31 December 2021

Principal Activities

The principal activity of the company in the period under review was that of management consultant and a business planner.

Directors

The directors shown below have held office during the whole of the period from 01 January 2021 to 31 December 2021
Nikolaos Smyrnaios

This report was approved by the board of directors on 11 October 2023
And Signed On Behalf Of The Board By:

Name: Nikolaos Smyrnaios
Status: Director

POLYDOMIC LIMITED

Profit and Loss Account

for the Period Ended 31 December 2021


Notes

2021
£

2020
£
Turnover 32,414 219,229
Cost of sales ( 32,019 ) ( 204,472 )
Gross Profit or (Loss) 395 14,757
Administrative Expenses ( 1,886 ) ( 2,432 )
Operating Profit or (Loss) ( 1,491 ) 12,325
Profit or (Loss) Before Tax ( 1,491 ) 12,325
Profit or (Loss) for Period ( 1,491 ) 12,325

The notes form part of these financial statements

POLYDOMIC LIMITED

Balance sheet

As at 31 December 2021


Notes

2021
£

2020
£
Fixed assets
Tangible assets: 4 110 147
Total fixed assets: 110 147
Current assets
Stocks: 4,879
Debtors: 5 3,895
Cash at bank and in hand: 264 734
Total current assets: 4,159 5,613
Creditors: amounts falling due within one year: 6 ( 2,208 ) ( 2,208 )
Net current assets (liabilities): 1,951 3,405
Total assets less current liabilities: 2,061 3,552
Total net assets (liabilities): 2,061 3,552

The notes form part of these financial statements

POLYDOMIC LIMITED

Balance sheet continued

As at 31 December 2021


Notes

2021
£

2020
£
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 1,061 2,552
Shareholders funds: 2,061 3,552

For the year ending 31 December 2021 the company was entitled to exemption 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.

This report was approved by the board of directors on 11 October 2023
And Signed On Behalf Of The Board By:

Name: Nikolaos Smyrnaios
Status: Director

The notes form part of these financial statements

POLYDOMIC LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    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 policy

    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:
    25% on reducing balance

POLYDOMIC LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

  • 2. Employees


    2021

    2020
    Average number of employees during the period 1 1

POLYDOMIC LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

  • 3. Off balance sheet disclosure

    No

POLYDOMIC LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

4. Tangible assets

Plant & machinery Total
Cost £ £
At 01 January 2021 595 595
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 December 2021 595 595
Depreciation
At 01 January 2021 448 448
Charge for year 37 37
On disposals - -
Other adjustments - -
At 31 December 2021 485 485
Net book value
At 31 December 2021 110 110
At 31 December 2020 147 147

POLYDOMIC LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

5. Debtors


2021
£

2020
£
Trade debtors 3,895
Total 3,895

POLYDOMIC LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

6.Creditors: amounts falling due within one year note


2021
£

2020
£
Taxation and social security 2,208 2,208
Total 2,208 2,208