POLLY ANN HOMES LIMITED

Company Registration Number:
09063045 (England and Wales)

Unaudited abridged accounts for the year ended 31 January 2024

Period of accounts

Start date: 01 February 2023

End date: 31 January 2024

POLLY ANN HOMES LIMITED

Contents of the Financial Statements

for the Period Ended 31 January 2024

Balance sheet
Notes

POLLY ANN HOMES LIMITED

Balance sheet

As at 31 January 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 16,000 16,000
Investments: 4 60 60
Total fixed assets: 16,060 16,060
Current assets
Stocks: 1,943,872 1,885,216
Debtors:   15,433 158,710
Cash at bank and in hand: 25,977 1,077
Total current assets: 1,985,282 2,045,003
Creditors: amounts falling due within one year: 5 (69,210) (1,108,560)
Net current assets (liabilities): 1,916,072 936,443
Total assets less current liabilities: 1,932,132 952,503
Creditors: amounts falling due after more than one year: 6 (2,215,950) (1,049,950)
Total net assets (liabilities): (283,818) (97,447)
Capital and reserves
Called up share capital: 100 100
Profit and loss account: (283,918) (97,547)
Shareholders funds: (283,818) (97,447)

The notes form part of these financial statements

POLLY ANN HOMES LIMITED

Balance sheet statements

For the year ending 31 January 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 01 October 2024
and signed on behalf of the board by:

Name: M Pharoah
Status: Director

The notes form part of these financial statements

POLLY ANN HOMES LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Valuation and information policy

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow-moving items.

Other accounting policies

Deferred Tax Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. Unrelieved tax losses and other deferred tax assets are recongnised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Pension costs and other post-retirement benefits The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

POLLY ANN HOMES LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

2. Employees

2024 2023
Average number of employees during the period 1 0

POLLY ANN HOMES LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

3. Tangible Assets

Total
Cost £
At 01 February 2023 16,000
At 31 January 2024 16,000
Net book value
At 31 January 2024 16,000
At 31 January 2023 16,000

POLLY ANN HOMES LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

4. Fixed investments

Cost at 1st February 2023 & 31 January 2024 £60.00

POLLY ANN HOMES LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

5. Creditors: amounts falling due within one year note

31.01.24 (£) 31.01.23 (£) Trade Creditors 48,257 478,407 Other Creditors 20,953 630,153

POLLY ANN HOMES LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

6. Creditors: amounts falling due after more than one year note

31.01.24 (£) 31.01.23(£) Other Creditors 2,215,950 1,049,950