IRIS Accounts Production v24.1.9.2 12975021 Board of Directors 1.11.22 31.10.23 31.10.23 false true false false false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh129750212022-10-31129750212023-10-31129750212022-11-012023-10-31129750212021-10-31129750212021-11-012022-10-31129750212022-10-3112975021ns15:EnglandWales2022-11-012023-10-3112975021ns14:PoundSterling2022-11-012023-10-3112975021ns10:Director12022-11-012023-10-3112975021ns10:PrivateLimitedCompanyLtd2022-11-012023-10-3112975021ns10:Micro-entities2022-11-012023-10-3112975021ns10:AuditExempt-NoAccountantsReport2022-11-012023-10-3112975021ns10:FullAccounts2022-11-012023-10-3112975021ns5:CurrentFinancialInstruments2023-10-3112975021ns5:CurrentFinancialInstruments2022-10-3112975021ns10:RegisteredOffice2022-11-012023-10-31129750211ns10:Director12022-10-31129750211ns10:Director12021-10-31129750211ns10:Director12022-11-012023-10-31129750211ns10:Director12021-11-012022-10-31129750211ns10:Director12023-10-31129750211ns10:Director12022-10-31
REGISTERED NUMBER: 12975021 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2023

for

Polar57 Ltd

Polar57 Ltd (Registered number: 12975021)






Contents of the Financial Statements
for the Year Ended 31 October 2023




Page

Balance Sheet 1


Polar57 Ltd (Registered number: 12975021)

Balance Sheet
31 October 2023

31.10.23 31.10.22
£    £   
FIXED ASSETS 606 -

CURRENT ASSETS 1,065 1,299

CREDITORS
Amounts falling due within one year (653 ) (282 )
NET CURRENT ASSETS 412 1,017
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,018

1,017

ACCRUALS AND DEFERRED INCOME (1,008 ) (924 )
NET ASSETS 10 93

CAPITAL AND RESERVES 10 93

NOTES TO THE FINANCIAL STATEMENTS

1. STATUTORY INFORMATION

Polar57 Ltd 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: 12975021

Registered office: Folly Lodge
Folly Hill
North Owersby
Market Rasen
Lincolnshire
LN8 3PW

2. AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 2 (2022 - 2 ) .

3. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 October 2023 and 31 October 2022:

31.10.23 31.10.22
£    £   
E A Hancock
Balance outstanding at start of year 1,216 599
Amounts advanced 160 617
Amounts repaid (1,376 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 1,216

The loan was interest free and repayable on demand.

Polar57 Ltd (Registered number: 12975021)

Balance Sheet - continued
31 October 2023




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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 23 July 2024 and were signed on its behalf by:





E A Hancock - Director