1 April 2022 true No description of principal activity Taxfiler 2023.10 7149926business:PrivateLimitedCompanyLtd2022-04-012023-03-31 71499262022-03-31 7149926business:EntityNoLongerTradingButTradedInPast2022-04-012023-03-31 71499262022-04-012023-03-31 7149926business:AuditExempt-NoAccountantsReport2022-04-012023-03-31 7149926business:FilletedAccounts2022-04-012023-03-31 71499262023-03-31 7149926business:Director12022-04-012023-03-31 71499262022-03-31 7149926core:WithinOneYear2023-03-31 7149926core:WithinOneYear2022-03-31 7149926core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 7149926core:ShareCapitalcore:PreviouslyStatedAmount2022-03-31 7149926core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 7149926core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-03-31 7149926core:PreviouslyStatedAmount2023-03-31 7149926core:PreviouslyStatedAmount2022-03-31 7149926business:SmallEntities2022-04-012023-03-31 7149926countries:EnglandWales2022-04-012023-03-31 7149926core:PlantMachinery2022-04-012023-03-31 7149926core:PlantMachinery2022-03-31 7149926core:PlantMachinery2023-03-31 71499262021-04-012022-03-31 iso4217:GBP xbrli:pure
Company Registration No. 7149926 (England and Wales)
Polymorph Records Limited Unaudited accounts for the year ended 31 March 2023
Polymorph Records Limited Unaudited accounts Contents
Page
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Polymorph Records Limited Company Information for the year ended 31 March 2023
Director
Richard Turley
Company Number
7149926 (England and Wales)
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Polymorph Records Limited Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
306 
306 
Creditors: amounts falling due within one year
(24,046)
(24,046)
Net current liabilities
(24,046)
(24,046)
Net liabilities
(23,740)
(23,740)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(23,840)
(23,840)
Shareholders' funds
(23,740)
(23,740)
For the year ending 31 March 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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 6 November 2023 and were signed on its behalf by
Richard Turley Director Company Registration No. 7149926
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Polymorph Records Limited Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
Polymorph Records Limited is a private company, limited by shares, registered in England and Wales, registration number 7149926.
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:
Plant & machinery
25% reducing balance
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 April 2022
967 
At 31 March 2023
967 
Depreciation
At 1 April 2022
661 
At 31 March 2023
661 
Net book value
At 31 March 2023
306 
At 31 March 2022
306 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Loans from directors
24,046 
24,046 
6
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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