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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
Page
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Poling Worldwide Ltd Company Information for the year ended 31 March 2024
Director
Shamoly Aaron
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
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Poling Worldwide Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
1,474,944 
1,474,944 
Current assets
Debtors
- 
87,193 
Cash at bank and in hand
18 
1,065 
18 
88,258 
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 
Capital and reserves
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
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Poling Worldwide Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
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.
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.
4
Investment property
2024 
£ 
Fair value at 1 April 2023
1,474,944 
At 31 March 2024
1,474,944 
5
Debtors
2024 
2023 
£ 
£ 
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 
951,862 
949,156 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
- 
14,005 
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.
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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).
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