2023-07-01 08755032 2024-06-30 08755032 2023-07-01 2024-06-30 08755032 2023-06-30 08755032 2022-11-01 2023-06-30 08755032 uk-core:WithinOneYear 2023-06-30 08755032 uk-core:WithinOneYear 2024-06-30 08755032 uk-core:AfterOneYear 2023-06-30 08755032 uk-core:AfterOneYear 2024-06-30 08755032 uk-core:ShareCapital 2024-06-30 08755032 uk-core:ShareCapital 2023-06-30 08755032 uk-core:RetainedEarningsAccumulatedLosses 2024-06-30 08755032 uk-core:RetainedEarningsAccumulatedLosses 2023-06-30 08755032 uk-bus:Director1 2023-07-01 2024-06-30 08755032 uk-core:PlantMachinery 2023-07-01 2024-06-30 08755032 uk-core:ComputerEquipment 2023-07-01 2024-06-30 08755032 uk-core:CommercialMotorVehicles 2023-07-01 2024-06-30 08755032 uk-core:PlantMachinery 2024-06-30 08755032 uk-core:CommercialMotorVehicles 2024-06-30 08755032 uk-core:ComputerEquipment 2024-06-30 08755032 uk-core:WithinOneYear 2024-06-30 08755032 uk-core:WithinOneYear 2023-06-30 08755032 uk-core:AfterOneYear uk-core:Secured 2024-06-30 08755032 uk-core:AfterOneYear uk-core:Secured 2023-06-30 iso4217:GBP xbrli:pure 08755032 uk-bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 08755032 uk-bus:FRS102 2023-07-01 2024-06-30 08755032 uk-bus:FilletedAccounts 2023-07-01 2024-06-30 08755032 uk-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30
Pods Products Limited
Registered Number:08755032
For the year ended 30 June 2024
England and Wales
Unaudited Financial Statements
2
Registered Number :
08755032
As at 30 June 2024
Pods Products Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
4,836
-
2
4,836
-
Current assets
Inventories
24,233
26,618
3
Trade and other receivables
2,938
39,617
4
4,251
Cash and cash equivalents
6,003
72,238
31,422
Trade and other payables: amounts falling due within one
year
(53,558)
(50,587)
5
(22,136)
21,651
Net current assets
Total assets less current liabilities
26,487
(22,136)
Trade and other payables: amounts falling due after more
than one year
(4,172)
(25,885)
6
602
Net assets/liabilities
(26,308)
Capital and reserves
Called up share capital
1
1
Retained earnings
601
(26,309)
602
(26,308)
Shareholders' funds
For the year ended 30 June 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 of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his 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.
Alexander Matthew Ford Director
These financial statements were approved and authorised for issue by the Board on 29 August 2024 and were signed by:
The notes form part of these financial statements
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For the year ended 30 June 2024
Pods Products Limited
Notes to the Financial Statements
Statutory Information
Pods Products Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 08755032.
Registered address:
Wayside House
Whatlington Road
Battle
East Sussex
TN33 0JN
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.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and machinery
20 Reducing balance
3 years Straight line
Computer equipment
20 Reducing balance
Motor vehicles
2. Property, plant and equipment
Total
Computer
equipment
Motor vehicles
Plant and
machinery
£
£
£
£
Cost or
valuation
6,415
2,217
3,100
1,098
Additions
At 30 June 2024
1,098
3,100
2,217
6,415
Provision for depreciation and impairment
Charge for year
1,579
739
620
220
At 30 June 2024
1,579
739
620
220
At 30 June 2024
Net book value
878
2,480
1,478
4,836
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4
For the year ended 30 June 2024
Pods Products Limited
Notes to the Financial Statements Continued
3. Inventories
2023
2024
£
£
Stocks
26,618
24,233
4. Trade and other receivables
2023
2024
£
£
Trade debtors
39,617
77
Amounts owed by group undertakings and participating interests
-
2,169
Taxation and social security
-
692
2,938
39,617
The debtors above include the following amounts falling due after more than one year:
Amounts owed by group undertakings and participating interests
-
2,169
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft
7,305
6,968
Trade creditors
31,461
34,139
Taxation and social security
9,428
-
Accruals and deferred income
793
793
Directors' loan accounts
35
11,659
Other creditors
1,565
(1)
50,587
53,558
6. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft
2,679
4,172
Amounts owed to group undertaking and undertaking in which the
company has a participating interest
23,206
-
25,885
4,172
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5
For the year ended 30 June 2024
Pods Products Limited
Notes to the Financial Statements Continued
7. Related party transactions
As at the year end, the company owed the director £35 (2023: £11,659). This loan is interest free and repayable on
demand.
8. Average number of persons employed
During the year the average number of employees was 1 (2023 : 1)
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