Registered number: 09354567 | ||||||||
FOR THE YEAR ENDED 31/12/2023 | ||||||||
Prepared By: | ||||||||
Primus Accounting Ltd | ||||||||
896 Woodborough Road | ||||||||
Nottingham | ||||||||
NG3 5QR |
J.M.POLMAR LTD | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31/12/2023 | ||||||||
DIRECTORS | ||||||||
REGISTERED OFFICE | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 09354567 | ||||||||
ACCOUNTANTS | ||||||||
Primus Accounting Ltd | ||||||||
896 Woodborough Road | ||||||||
Nottingham | ||||||||
NG3 5QR |
J.M.POLMAR LTD | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED31/12/2023 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
J.M.POLMAR LTD | ||||||||
BALANCE SHEET AT | ||||||||||
2023 | 2022 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 3 | |||||||||
CURRENT ASSETS | ||||||||||
Debtors | 4 | |||||||||
Cash at bank and in hand | ||||||||||
160,931 | 180,114 | |||||||||
CREDITORS: Amounts falling due within one year | 5 | |||||||||
NET CURRENT ASSETS | 101,385 | |||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
CREDITORS: Amounts falling due after more than one year | 6 | 10,667 | 14,666 | |||||||
NET ASSETS | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 7 | |||||||||
Revaluation reserve | 1c,8 | 4,800 | 6,000 | |||||||
Profit and loss account | 182,583 | 191,302 | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
J.M.POLMAR LTD | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31/12/2023 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
Commercial Vehicles | reducing balance 25% | |||||||
Equipment | reducing balance 25% | |||||||
Motor Cars | straight line 20% |
1c. Revaluation Reserve | ||||||||
Surpluses or deficits arising on the revaluation of individual fixed assets other than investment properties are credited or debited to a non-distributible reserve known as the revaluation reserve (see also note 8). | ||||||||
Revaluation deficits in excess of the amount of prior revaluation surpluses on the same asset are charged to the profit and loss account. |
2. EMPLOYEES | ||||||
2023 | 2022 | |||||
No. | No. | |||||
Average number of employees | - | |||||
J.M.POLMAR LTD | ||||||||
3. TANGIBLE FIXED ASSETS | ||||||||
Commercial | ||||||||
Vehicles | Equipment | Motor Cars | Total | |||||
£ | £ | £ | £ | |||||
Cost | ||||||||
At 01/01/2023 | 70,500 | 874 | 114,417 | 185,791 | ||||
Additions | 5,667 | - | 24,974 | 30,641 | ||||
At 31/12/2023 | 76,167 | 874 | 139,391 | 216,432 | ||||
Depreciation | ||||||||
At 01/01/2023 | 3,200 | 350 | 71,558 | 75,108 | ||||
Revaluation | - | - | 1,200 | 1,200 | ||||
For the year | 14,100 | 175 | 12,290 | 26,565 | ||||
At 31/12/2023 | 17,300 | 525 | 85,048 | 102,873 | ||||
Net Book Amounts | ||||||||
At 31/12/2023 | 113,559 | |||||||
At 31/12/2022 | 110,683 | |||||||
4. DEBTORS | 2023 | 2022 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | 24,036 | 25,536 | ||||||
VAT | 25,041 | - | ||||||
Other debtors | 10,000 | 20,982 | ||||||
Prepayments | 94 | 3,300 | ||||||
59,171 | 49,818 | |||||||
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
UK corporation tax | 7,465 | 8,073 | ||||||
Trade creditors | - | 1 | ||||||
Other creditors | 68,875 | 70,655 | ||||||
76,340 | 78,729 | |||||||
J.M.POLMAR LTD | ||||||||
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
Bank loans (unsecured) >1yr | 10,667 | 14,666 | ||||||
10,667 | 14,666 | |||||||
7. SHARE CAPITAL | 2023 | 2022 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
100 | 100 | |||||||
100 | 100 | |||||||
8. REVALUATION RESERVE | 2023 | 2022 | ||||||
£ | £ | |||||||
Revaluation reserve | 4,800 | 6,000 | ||||||
4,800 | 6,000 | |||||||