1 April 2023 false No description of principal activity Taxfiler 2024.4 12113418business:PrivateLimitedCompanyLtd2023-04-012024-03-31 121134182023-03-31 121134182023-04-012024-03-31 12113418business:AuditExempt-NoAccountantsReport2023-04-012024-03-31 12113418business:FilletedAccounts2023-04-012024-03-31 121134182024-03-31 12113418business:Director12023-04-012024-03-31 12113418business:RegisteredOffice2023-04-012024-03-31 121134182023-03-31 12113418core:WithinOneYear2024-03-31 12113418core:WithinOneYear2023-03-31 12113418core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 12113418core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 12113418core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 12113418core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 12113418core:PreviouslyStatedAmount2024-03-31 12113418core:PreviouslyStatedAmount2023-03-31 12113418business:SmallEntities2023-04-012024-03-31 12113418countries:EnglandWales2023-04-012024-03-31 12113418core:ComputerEquipment2023-04-012024-03-31 12113418core:IntangibleAssetsOtherThanGoodwill2023-03-31 12113418core:IntangibleAssetsOtherThanGoodwill2024-03-31 12113418core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-31 12113418core:ComputerEquipment2023-03-31 12113418core:ComputerEquipment2024-03-31 12113418business:Director112023-04-012024-03-31 12113418business:Director112023-03-31 12113418business:Director112024-03-31 121134182022-04-012023-03-31 iso4217:GBP xbrli:pure
Polari Press Ltd Company Information for the year ended 31 March 2024
Director
Peter John Collins
Company Number
12113418 (England and Wales)
Registered Office
57 Green Lane Lower Kingswood KT20 6TJ
Accountants
Bloodwood Accounting Ltd 50 Linden Road Birmingham B30 1JU
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Polari Press Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
744 
1,490 
Tangible assets
1,927 
1,995 
2,671 
3,485 
Current assets
Cash at bank and in hand
5,368 
1,197 
Creditors: amounts falling due within one year
(2,541)
(20)
Net current assets
2,827 
1,177 
Net assets
5,498 
4,662 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
5,497 
4,661 
Shareholders' funds
5,498 
4,662 
For the year ending 31 March 2024 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 director acknowledges his 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 and authorised for issue on 2 August 2024 and were signed on its behalf by
Peter John Collins Director Company Registration No. 12113418
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Polari Press Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Polari Press Ltd is a private company, limited by shares, registered in England and Wales, registration number 12113418. The registered office is 57 Green Lane, Lower Kingswood, KT20 6TJ.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are amortised over five years, and are included at cost less accumulated amortisation.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
33.3% straight line
4
Intangible fixed assets
Other 
£ 
Cost
At 1 April 2023
3,728 
At 31 March 2024
3,728 
Amortisation
At 1 April 2023
2,238 
Charge for the year
746 
At 31 March 2024
2,984 
Net book value
At 31 March 2024
744 
At 31 March 2023
1,490 
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Polari Press Ltd Notes to the Accounts for the year ended 31 March 2024
5
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 April 2023
1,995 
Additions
597 
At 31 March 2024
2,592 
Depreciation
Charge for the year
665 
At 31 March 2024
665 
Net book value
At 31 March 2024
1,927 
At 31 March 2023
1,995 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Loans from directors
2,541 
20 
7
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Peter John Collins
current account - nil interest payable at call
20 
12,926 
10,405 
2,541 
20 
12,926 
10,405 
2,541 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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