Company Registration No. 09066120 (England and Wales)
POLO HORSES LIMITED
Unaudited accounts
for the year ended 31 December 2023
POLO HORSES LIMITED
Unaudited accounts
Contents
POLO HORSES LIMITED
Company Information
for the year ended 31 December 2023
Directors
Mathew Lodder
Natalie Semonella
Company Number
09066120 (England and Wales)
Registered Office
WHITLEY
EDGE LANE
HENLEY-IN-ARDEN
B95 5DT
Accountants
Accounts and Returns Ltd
26 Smith St
Warwick
CV34 4HS
POLO HORSES LIMITED
Statement of financial position
as at 31 December 2023
Cash at bank and in hand
18,057
12,450
Creditors: amounts falling due within one year
(22,015)
(23,006)
Net current assets
15,732
5,434
Total assets less current liabilities
15,732
5,434
Creditors: amounts falling due after more than one year
(14,910)
(10,124)
Net assets/(liabilities)
822
(4,690)
Called up share capital
1
1
Profit and loss account
821
(4,691)
Shareholders' funds
822
(4,690)
For the year ending 31 December 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 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 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 of Directors and authorised for issue on 12 February 2024 and were signed on its behalf by
Mathew Lodder
Director
Company Registration No. 09066120
POLO HORSES LIMITED
Notes to the Accounts
for the year ended 31 December 2023
POLO HORSES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09066120. The registered office is WHITLEY, EDGE LANE, HENLEY-IN-ARDEN, B95 5DT.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Amounts falling due within one year
5
Creditors: amounts falling due within one year
2023
2022
Trade creditors
7,270
7,150
Taxes and social security
-
1,111
Loans from directors
14,745
14,745
6
Creditors: amounts falling due after more than one year
2023
2022
Other creditors
14,910
10,124
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
POLO HORSES LIMITED
Notes to the Accounts
for the year ended 31 December 2023
8
Transactions with related parties
During the year, the company received a loan amounting to £14,745 from a member of key management personnel. The loan is to be repaid on demand and interest-free. At the balance sheet date, the loan was still outstanding and is presented within creditors: amounts falling due within one year.
9
Average number of employees
During the year the average number of employees was 1 (2022: 1).