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REGISTERED NUMBER: 03886757 (England and Wales)











POND GROUP LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024






POND GROUP LIMITED (REGISTERED NUMBER: 03886757)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 March 2024




Page

Company information 1

Balance sheet 2

Notes to the financial statements 4

Chartered accountants' report 7

POND GROUP LIMITED

COMPANY INFORMATION
for the year ended 31 March 2024







DIRECTORS: Mr J G Gillies
Mr T J Marchant





SECRETARY: Mr K Provins





REGISTERED OFFICE: 19a Widmore Road
Bromley
Kent
BR1 1RL





REGISTERED NUMBER: 03886757 (England and Wales)





ACCOUNTANTS: Berringers LLP
Chartered Accountants
Lygon House
50 London Road
Bromley
Kent
BR1 3RA

POND GROUP LIMITED (REGISTERED NUMBER: 03886757)

BALANCE SHEET
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 28,800 19,800
Tangible assets 5 12,440 12,079
Investments 6 2 2
41,242 31,881

CURRENT ASSETS
Stocks 2,000 2,000
Debtors 7 100,028 91,283
Cash at bank and in hand 141,595 96,189
243,623 189,472
CREDITORS
Amounts falling due within one year 8 233,233 168,673
NET CURRENT ASSETS 10,390 20,799
TOTAL ASSETS LESS CURRENT
LIABILITIES

51,632

52,680

CREDITORS
Amounts falling due after more than one
year

9

27,674

42,857
NET ASSETS 23,958 9,823

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 22,958 8,823
SHAREHOLDERS' FUNDS 23,958 9,823

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

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

The directors acknowledge their 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.

POND GROUP LIMITED (REGISTERED NUMBER: 03886757)

BALANCE SHEET - continued
31 March 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 Statement of income and retained earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 January 2025 and were signed on its behalf by:




Mr J G Gillies - Director



Mr T J Marchant - Director


POND GROUP LIMITED (REGISTERED NUMBER: 03886757)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 March 2024

1. STATUTORY INFORMATION

Pond Group 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 2022, is being amortised evenly over its estimated useful life of ten 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% 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 tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

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.

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 11 (2023 - 10 ) .

POND GROUP LIMITED (REGISTERED NUMBER: 03886757)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023 22,000
Additions 12,000
At 31 March 2024 34,000
AMORTISATION
At 1 April 2023 2,200
Charge for year 3,000
At 31 March 2024 5,200
NET BOOK VALUE
At 31 March 2024 28,800
At 31 March 2023 19,800

5. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2023 17,175 6,100 44,392 67,667
Additions 1,035 - 3,473 4,508
At 31 March 2024 18,210 6,100 47,865 72,175
DEPRECIATION
At 1 April 2023 14,704 2,812 38,072 55,588
Charge for year 877 822 2,448 4,147
At 31 March 2024 15,581 3,634 40,520 59,735
NET BOOK VALUE
At 31 March 2024 2,629 2,466 7,345 12,440
At 31 March 2023 2,471 3,288 6,320 12,079

6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 April 2023
and 31 March 2024 2
NET BOOK VALUE
At 31 March 2024 2
At 31 March 2023 2

POND GROUP LIMITED (REGISTERED NUMBER: 03886757)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2024

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 32,723 23,183
Other debtors 67,305 68,100
100,028 91,283

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 114,682 78,015
Taxation and social security 99,390 72,130
Other creditors 19,161 18,528
233,233 168,673

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other creditors 27,674 42,857

10. RELATED PARTY DISCLOSURES

As at the balance sheet date, the directors owed the company the sum of £18,746 (2023 - £17,626). This was repaid within 9 months of the balance sheet date.

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
POND GROUP LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance sheet. Readers are cautioned that the Income statement and certain other primary statements and the Report of the directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Pond Group Limited for the year ended 31 March 2024 which comprise the Statement of income and retained earnings, Balance sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Pond Group Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Pond Group Limited and state those matters that we have agreed to state to the Board of Directors of Pond Group Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Pond Group Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Pond Group Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Pond Group Limited. You consider that Pond Group Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Pond Group Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Berringers LLP
Chartered Accountants
Lygon House
50 London Road
Bromley
Kent
BR1 3RA


15 January 2025