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REGISTERED NUMBER: 03934529 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

Poolstore UK Limited

Poolstore UK Limited (Registered number: 03934529)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Poolstore UK Limited

Company Information
for the Year Ended 31 January 2024







DIRECTOR: P Joyce





SECRETARY: Mrs J Joyce





REGISTERED OFFICE: Monks Brook House
Nutburn Road
North Baddesley
Southampton
Hampshire
SO52 9BG





REGISTERED NUMBER: 03934529 (England and Wales)





ACCOUNTANTS: RP & Co Accounting Services (South) Limited
14 Marshall Road
Ampfield
Romsey
Hampshire
SO51 0DQ

Poolstore UK Limited (Registered number: 03934529)

Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 5,971 4,300
5,971 4,300

CURRENT ASSETS
Stocks 190,404 262,668
Debtors 6 130,858 100,653
Cash at bank 165,398 264,963
486,660 628,284
CREDITORS
Amounts falling due within one year 7 347,570 335,261
NET CURRENT ASSETS 139,090 293,023
TOTAL ASSETS LESS CURRENT
LIABILITIES

145,061

297,323

PROVISIONS FOR LIABILITIES 5,892 5,892
NET ASSETS 139,169 291,431

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 139,167 291,429
SHAREHOLDERS' FUNDS 139,169 291,431

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

Poolstore UK Limited (Registered number: 03934529)

Balance Sheet - continued
31 January 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 31 May 2024 and were signed by:





P Joyce - Director


Poolstore UK Limited (Registered number: 03934529)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

Poolstore UK Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of two years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Patents and licences
Patents and licences are being amortised over their useful economic lives. This is review on an annual basis.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance and 10% on reducing balance

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


Poolstore UK Limited (Registered number: 03934529)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

2. ACCOUNTING POLICIES - continued
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 recognised 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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
Goodwill assets Totals
£    £    £   
COST
At 1 February 2023
and 31 January 2024 75,000 7,383 82,383
AMORTISATION
At 1 February 2023
and 31 January 2024 75,000 7,383 82,383
NET BOOK VALUE
At 31 January 2024 - - -
At 31 January 2023 - - -

Poolstore UK Limited (Registered number: 03934529)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2023 49,060
Additions 3,573
At 31 January 2024 52,633
DEPRECIATION
At 1 February 2023 44,760
Charge for year 1,902
At 31 January 2024 46,662
NET BOOK VALUE
At 31 January 2024 5,971
At 31 January 2023 4,300

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade debtors 12,131 29,102
Other debtors 118,727 71,551
130,858 100,653

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade creditors 260,272 207,969
Taxation and social security 18,272 59,410
Other creditors 69,026 67,882
347,570 335,261