Company Registration No. 12086240 (England and Wales)
Poling Worldwide Ltd
Unaudited accounts
for the year ended 31 March 2024
Poling Worldwide Ltd
Unaudited accounts
Contents
Poling Worldwide Ltd
Company Information
for the year ended 31 March 2024
Company Number
12086240 (England and Wales)
Registered Office
38 Southwick Street
Paddington
London
W2 1JQ
ENGLAND
Accountants
ALS Accountancy
53 Gowan Avenue
Fulham
London
SW6 6RH
Poling Worldwide Ltd
Statement of financial position
as at 31 March 2024
Investment property
1,474,944
1,474,944
Cash at bank and in hand
18
1,065
Creditors: amounts falling due within one year
(951,862)
(949,156)
Net current liabilities
(951,844)
(860,898)
Total assets less current liabilities
523,100
614,046
Creditors: amounts falling due after more than one year
-
(14,005)
Net assets
523,100
600,041
Called up share capital
100
100
Revaluation reserve
130,000
130,000
Fair value reserve
773,546
773,546
Profit and loss account
(380,546)
(303,605)
Shareholders' funds
523,100
600,041
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 her 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 31 May 2024 and were signed on its behalf by
Shamoly Aaron
Director
Company Registration No. 12086240
Poling Worldwide Ltd
Notes to the Accounts
for the year ended 31 March 2024
Poling Worldwide Ltd is a private company, limited by shares, registered in England and Wales, registration number 12086240. The registered office is 38 Southwick Street, Paddington, London, W2 1JQ, 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 year, 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.
Fair value at 1 April 2023
1,474,944
At 31 March 2024
1,474,944
Amounts falling due after more than one year
Amounts due from group undertakings etc.
-
87,193
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
801,500
705,483
Other creditors
139,446
239,079
Loans from directors
10,916
4,594
7
Creditors: amounts falling due after more than one year
2024
2023
8
Transactions with related parties
Transactions with subsidiaries :
As at 31st March 2024 Poling Worldwide Ltd owed Abel Consultancy Ltd £140.355 - 2024 (£239,279 -2023)
No interest is currently charged on any of the loans above.
Poling Worldwide Ltd
Notes to the Accounts
for the year ended 31 March 2024
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).