IRIS Accounts Production v23.3.0.418 02521211 Board of Directors 1.9.22 31.8.23 31.8.23 0 0 false true false false true false Ordinary 1.00000 Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh025212112022-08-31025212112023-08-31025212112022-09-012023-08-31025212112021-08-31025212112021-09-012022-08-31025212112022-08-3102521211ns10:Originalns15:EnglandWales2022-09-012023-08-3102521211ns14:PoundSterlingns10:Original2022-09-012023-08-3102521211ns10:Originalns10:Director12022-09-012023-08-3102521211ns10:Original2022-09-012023-08-3102521211ns10:Original2023-08-3102521211ns10:Originalns10:PrivateLimitedCompanyLtd2022-09-012023-08-3102521211ns10:Originalns10:SmallEntities2022-09-012023-08-3102521211ns10:Originalns10:AuditExempt-NoAccountantsReport2022-09-012023-08-3102521211ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-09-012023-08-3102521211ns10:SmallCompaniesRegimeForAccountsns10:Original2022-09-012023-08-3102521211ns10:Originalns10:FullAccounts2022-09-012023-08-3102521211ns10:Original2021-09-012022-08-3102521211ns10:Originalns10:OrdinaryShareClass12022-09-012023-08-3102521211ns10:Original2022-08-3102521211ns10:Originalns5:CurrentFinancialInstruments2023-08-3102521211ns10:Originalns5:CurrentFinancialInstruments2022-08-3102521211ns5:ShareCapitalns10:Original2023-08-3102521211ns5:ShareCapitalns10:Original2022-08-3102521211ns10:Originalns5:SharePremium2023-08-3102521211ns10:Originalns5:SharePremium2022-08-3102521211ns10:Originalns5:RevaluationReserve2023-08-3102521211ns10:Originalns5:RevaluationReserve2022-08-3102521211ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-08-3102521211ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-08-3102521211ns10:Originalns10:RegisteredOffice2022-09-012023-08-3102521211ns10:Originalns5:PlantMachinery2022-09-012023-08-3102521211ns10:Originalns5:PlantMachinery2022-08-3102521211ns10:Originalns5:PlantMachinery2023-08-3102521211ns10:Originalns5:PlantMachinery2022-08-3102521211ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-08-3102521211ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-08-3102521211ns10:Originalns10:OrdinaryShareClass12023-08-3102521211ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-08-3102521211ns10:Originalns5:SharePremium2022-08-3102521211ns10:Originalns5:RevaluationReserve2022-08-3102521211ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-09-012023-08-31
REGISTERED NUMBER: 02521211 (England and Wales)














UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2023

FOR

PUTSBOROUGH POOL LIMITED

PUTSBOROUGH POOL LIMITED (REGISTERED NUMBER: 02521211)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023










Page

Balance Sheet 1

Notes to the Financial Statements 3


PUTSBOROUGH POOL LIMITED (REGISTERED NUMBER: 02521211)

BALANCE SHEET
31 AUGUST 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 99,184 99,184

CURRENT ASSETS
Debtors 5 79,309 105,693

CREDITORS
Amounts falling due within one year 6 963 15,643
NET CURRENT ASSETS 78,346 90,050
TOTAL ASSETS LESS CURRENT
LIABILITIES

177,530

189,234

CAPITAL AND RESERVES
Called up share capital 7 33 33
Share premium 8 98,099 98,099
Revaluation reserve 8 28,922 28,922
Retained earnings 8 50,476 62,180
SHAREHOLDERS' FUNDS 177,530 189,234

PUTSBOROUGH POOL LIMITED (REGISTERED NUMBER: 02521211)

BALANCE SHEET - continued
31 AUGUST 2023


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 November 2023 and were signed on its behalf by:





M B Morrison - Director


PUTSBOROUGH POOL LIMITED (REGISTERED NUMBER: 02521211)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023


1. STATUTORY INFORMATION

Putsborough Pool Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 02521211

Registered office: Grenville House
9 Boutport Street
Barnstaple
Devon
EX31 1TZ

2. ACCOUNTING POLICIES

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

Turnover
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 is provided at the following annual rates in order to write off each asset over its estimated useful life.
Swimming pool and equipment - not provided

Taxation
Due to its mutual trading status, the company is not liable to Corporation Tax on its trading activities and the only liability arises on the company's investment income.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

PUTSBOROUGH POOL LIMITED (REGISTERED NUMBER: 02521211)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2023


4. TANGIBLE FIXED ASSETS
Swimming
pool and
equipment
£   
COST
At 1 September 2022
and 31 August 2023 114,765
DEPRECIATION
At 1 September 2022
and 31 August 2023 15,581
NET BOOK VALUE
At 31 August 2023 99,184
At 31 August 2022 99,184

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 79,309 105,693

Other debtors include £79,309 (2022 £105,693) representing money owed to Putsborough Pool Limited by Putsborough Apartments Limited, a company under common control.

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 43 2
Other creditors 920 15,641
963 15,643

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
33 Ordinary £1 33 33

PUTSBOROUGH POOL LIMITED (REGISTERED NUMBER: 02521211)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2023


8. RESERVES
Retained Share Revaluation
earnings premium reserve Totals
£    £    £    £   

At 1 September 2022 62,180 98,099 28,922 189,201
Deficit for the year (11,704 ) (11,704 )
At 31 August 2023 50,476 98,099 28,922 177,497

9. RELATED PARTY DISCLOSURES

The directors of this company are also the directors of Putsborough Apartments Limited, a company registered in England.

The directors own properties at Clifton Court and receive an 11% discount on management fees. The total amount of discount received by the directors during the year amount to £456 (2022 £650).