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Company Registration No. 14549363 (England and Wales)
FPG POLAR UK LTD Unaudited accounts for the period from 19 December 2022 to 31 December 2023
FPG POLAR UK LTD Unaudited accounts Contents
Page
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FPG POLAR UK LTD Company Information for the period from 19 December 2022 to 31 December 2023
Directors
Altaf Ahmed Bharde Ashrufaly Mohamed Liyaqat Allie Parker
Company Number
14549363 (England and Wales)
Registered Office
40 CHARMIAN AVENUE STANMORE HA7 1LJ UNITED KINGDOM
Accountants
RMR Partnership LLP 3rd Floor, Vyman House 104 College Road Harrow Middlesex HA1 1BQ
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FPG POLAR UK LTD Statement of financial position as at 31 December 2023
31/12/2023 
Notes
£ 
Fixed assets
Tangible assets
12,996,036 
Current assets
Debtors
49,270 
Cash at bank and in hand
180,783 
230,053 
Creditors: amounts falling due within one year
(25,709)
Net current assets
204,344 
Total assets less current liabilities
13,200,380 
Creditors: amounts falling due after more than one year
(7,373,196)
Net assets
5,827,184 
Capital and reserves
Called up share capital
5,900,000 
Profit and loss account
(72,816)
Shareholders' funds
5,827,184 
For the period ending 31 December 2023 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 directors acknowledge their 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 of Directors and authorised for issue on 11 September 2024 and were signed on its behalf by
Altaf Ahmed Bharde Director Company Registration No. 14549363
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FPG POLAR UK LTD Notes to the Accounts for the period from 19 December 2022 to 31 December 2023
1
Statutory information
FPG POLAR UK LTD is a private company, limited by shares, registered in England and Wales, registration number 14549363. The registered office is 40 CHARMIAN AVENUE, STANMORE, HA7 1LJ, UNITED KINGDOM.
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 period, 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 19 December 2022
- 
Additions
12,996,036 
At 31 December 2023
12,996,036 
Depreciation
At 31 December 2023
- 
Net book value
At 31 December 2023
12,996,036 
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FPG POLAR UK LTD Notes to the Accounts for the period from 19 December 2022 to 31 December 2023
5
Debtors
31/12/2023 
£ 
Amounts falling due within one year
Trade debtors
39,734 
Accrued income and prepayments
9,536 
49,270 
6
Creditors: amounts falling due within one year
31/12/2023 
£ 
VAT
5,062 
Other creditors
10,500 
Accruals
10,147 
25,709 
7
Creditors: amounts falling due after more than one year
31/12/2023 
£ 
Bank loans
7,373,107 
Taxes and social security
89 
7,373,196 
8
Average number of employees
During the period the average number of employees was 0.
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