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Company Registration No. 12493019 (England and Wales)
POLYGONA LTD Unaudited accounts for the year ended 31 March 2023
POLYGONA LTD Unaudited accounts Contents
Page
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POLYGONA LTD Company Information for the year ended 31 March 2023
Director
Leonardo Maglio
Company Number
12493019 (England and Wales)
Registered Office
215 Charlton Crescent Barking Essex IG11 0NH United Kingdom
Accountants
Anme Chow MoneyTree Financial 215 Charlton Crescent Barking Essex IG11 0NH
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POLYGONA LTD Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,039 
3,489 
Investments
61 
61 
2,100 
3,550 
Current assets
Debtors
234 
668 
Cash at bank and in hand
176 
4,559 
410 
5,227 
Creditors: amounts falling due within one year
(20,686)
(19,188)
Net current liabilities
(20,276)
(13,961)
Net liabilities
(18,176)
(10,411)
Capital and reserves
Called up share capital
10,000 
10,000 
Profit and loss account
(28,176)
(20,411)
Shareholders' funds
(18,176)
(10,411)
For the year ending 31 March 2023 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 director acknowledges his 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 and authorised for issue on 26 September 2023 and were signed on its behalf by
Leonardo Maglio Director Company Registration No. 12493019
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POLYGONA LTD Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
POLYGONA LTD is a private company, limited by shares, registered in England and Wales, registration number 12493019. The registered office is 215 Charlton Crescent, Barking, Essex, IG11 0NH, United Kingdom.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Computer equipment
3 years straight line basis
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 April 2022
5,821 
Additions
570 
At 31 March 2023
6,391 
Depreciation
At 1 April 2022
2,332 
Charge for the year
2,020 
At 31 March 2023
4,352 
Net book value
At 31 March 2023
2,039 
At 31 March 2022
3,489 
5
Investments
Other investments 
£ 
Valuation at 1 April 2022
61 
Valuation at 31 March 2023
61 
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POLYGONA LTD Notes to the Accounts for the year ended 31 March 2023
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
234 
668 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Other creditors
35 
38 
Loans from directors
20,651 
19,150 
20,686 
19,188 
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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