2022-10-01 07770976 2023-09-30 07770976 2022-10-01 2023-09-30 07770976 2022-09-30 07770976 2021-10-01 2022-09-30 07770976 uk-core:WithinOneYear 2022-09-30 07770976 uk-core:WithinOneYear 2023-09-30 07770976 uk-core:AfterOneYear 2022-09-30 07770976 uk-core:AfterOneYear 2023-09-30 07770976 uk-core:ShareCapital 2023-09-30 07770976 uk-core:ShareCapital 2022-09-30 07770976 uk-core:RetainedEarningsAccumulatedLosses 2023-09-30 07770976 uk-core:RetainedEarningsAccumulatedLosses 2022-09-30 07770976 uk-bus:Director1 2022-10-01 2023-09-30 07770976 uk-core:ComputerEquipment 2022-09-30 07770976 uk-core:LandBuildings 2022-09-30 07770976 uk-core:ComputerEquipment 2022-10-01 2023-09-30 07770976 uk-core:LandBuildings 2022-10-01 2023-09-30 07770976 uk-core:LandBuildings 2023-09-30 07770976 uk-core:ComputerEquipment 2023-09-30 iso4217:GBP xbrli:pure 07770976 uk-bus:AuditExemptWithAccountantsReport 2022-10-01 2023-09-30 07770976 uk-bus:FRS102 2022-10-01 2023-09-30 07770976 uk-bus:FullAccounts 2022-10-01 2023-09-30 07770976 uk-bus:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30
Polona Homes Ltd
Registered Number:07770976
For the year ended 30 September 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 30 September 2023
Polona Homes Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
07770976
As at 30 September 2023
Polona Homes Ltd
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
487,002
1,290,618
2
487,002
1,290,618
Current assets
Trade and other receivables
6,706
(3,687)
3
2,840
Cash and cash equivalents
29,389
25,702
9,546
Trade and other payables: amounts falling due within one
year
(456,106)
(167,024)
4
(446,560)
(141,322)
Net current liabilities
Total assets less current liabilities
345,680
844,058
Trade and other payables: amounts falling due after more
than one year
(867,052)
(329,965)
5
15,715
Net assets/liabilities
(22,994)
Capital and reserves
Called up share capital
100
100
Retained earnings
15,615
(23,094)
15,715
(22,994)
Shareholders' funds
For the year ended 30 September 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 of its financial statements for the year ended 30 September 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges her responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mrs Caroline Victoria Bennett Director
These financial statements were approved and authorised for issue by the Board on 27 October 2023 and were signed by:
The notes form part of these financial statements
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4
For the year ended 30 September 2023
Polona Homes Ltd
Notes to the Financial Statements
Statutory Information
Polona Homes Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration
number 07770976.
Registered address:
Suite L, KBF House
55 Victoria Road
Burgess Hill
England
RH15 9LH
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.
2. Property, plant and equipment
Total
Computer
Equipment
Land and
Buildings
£
£
£
Cost or
valuation
At 01 October 2022
1,291,596
979
1,290,617
-
(803,616)
Disposals
(803,616)
At 30 September 2023
487,001
979
487,980
Provision for depreciation and impairment
At 01 October 2022
978
978
-
At 30 September 2023
978
978
-
At 30 September 2023
Net book value
487,001
1
487,002
At 30 September 2022
1,290,617
1
1,290,618
3. Trade and other receivables
2022
2023
£
£
Other debtors
(3,687)
6,706
2 of 3
5
For the year ended 30 September 2023
Polona Homes Ltd
Notes to the Financial Statements Continued
4. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Other creditors
167,024
456,106
5. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Bank loans and overdraft (secured)
329,965
867,052
6. Average number of persons employed
During the year the average number of employees was 0
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