Company Registration No. 13160206 (England and Wales)
POLARIS MD LTD
Unaudited accounts
for the period from 1 February 2023 to 31 March 2024
POLARIS MD LTD
Unaudited accounts
Contents
POLARIS MD LTD
Company Information
for the period from 1 February 2023 to 31 March 2024
Company Number
13160206 (England and Wales)
Registered Office
8A GREENROYD CROFT
HUDDERSFIELD
HD2 2DQ
ENGLAND
Accountants
PRIME ACCOUNTANTS
10 LOCKWOOD HOUSE
LOCKWOOD PARK
HUDDERSFIELD
HD4 6EN
POLARIS MD LTD
Statement of financial position
as at 31 March 2024
Tangible assets
3,806
5,295
Cash at bank and in hand
13,033
24,651
Creditors: amounts falling due within one year
(600)
(1,633)
Net current assets
17,433
23,018
Total assets less current liabilities
21,239
28,313
Creditors: amounts falling due after more than one year
-
(2,012)
Called up share capital
3
100
Profit and loss account
21,236
26,201
Shareholders' funds
21,239
26,301
For the period 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 15 August 2024 and were signed on its behalf by
Ali Akhtar
Director
Company Registration No. 13160206
POLARIS MD LTD
Notes to the Accounts
for the period from 1 February 2023 to 31 March 2024
POLARIS MD LTD is a private company, limited by shares, registered in England and Wales, registration number 13160206. The registered office is 8A GREENROYD CROFT, HUDDERSFIELD, HD2 2DQ, ENGLAND.
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 period, 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.
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:
Motor vehicles
25% Reducing Balance
Computer equipment
25% Reducing Balance
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 February 2023
5,000
2,310
7,310
At 31 March 2024
5,000
2,310
7,310
At 1 February 2023
1,406
609
2,015
Charge for the period
1,011
478
1,489
At 31 March 2024
2,417
1,087
3,504
At 31 March 2024
2,583
1,223
3,806
At 31 January 2023
3,594
1,701
5,295
Amounts falling due after more than one year
POLARIS MD LTD
Notes to the Accounts
for the period from 1 February 2023 to 31 March 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
-
433
7
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
-
2,012
8
Average number of employees
During the period the average number of employees was 0 (2023: 0).