TOUCH OF POLAND LTD

Company Registration Number:
SC450901 (Scotland)

Unaudited abridged accounts for the year ended 31 May 2024

Period of accounts

Start date: 01 June 2023

End date: 31 May 2024

TOUCH OF POLAND LTD

Contents of the Financial Statements

for the Period Ended 31 May 2024

Balance sheet
Notes

TOUCH OF POLAND LTD

Balance sheet

As at 31 May 2024


Notes

2024

2023


£

£
Fixed assets
Intangible assets: 3 0 12,000
Tangible assets: 4 291,884 310,555
Total fixed assets: 291,884 322,555
Current assets
Stocks: 191,175 183,940
Debtors:   60,187 72,243
Cash at bank and in hand: 138,424 149,700
Total current assets: 389,786 405,883
Creditors: amounts falling due within one year:   (271,659) (329,713)
Net current assets (liabilities): 118,127 76,170
Total assets less current liabilities: 410,011 398,725
Creditors: amounts falling due after more than one year:   (47,340) (65,400)
Provision for liabilities: (13,930) (13,400)
Total net assets (liabilities): 348,741 319,925
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 348,739 319,923
Shareholders funds: 348,741 319,925

The notes form part of these financial statements

TOUCH OF POLAND LTD

Balance sheet statements

For the year ending 31 May 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 27 February 2025
and signed on behalf of the board by:

Name: Michal Ciemniewicz
Status: Director

The notes form part of these financial statements

TOUCH OF POLAND LTD

Notes to the Financial Statements

for the Period Ended 31 May 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 represents amounts chargeable in respect of the sale of goods and services to customers, excluding value-added tax.

Tangible fixed assets and depreciation policy

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Land and buildings - 2% on cost Plant and machinery etc - 20% on reducing balance

TOUCH OF POLAND LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

2. Employees

2024 2023
Average number of employees during the period 19 26

TOUCH OF POLAND LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

3. Intangible Assets

Total
Cost £
At 01 June 2023 60,000
At 31 May 2024 60,000
Amortisation
At 01 June 2023 48,000
Charge for year 12,000
At 31 May 2024 60,000
Net book value
At 31 May 2024 0
At 31 May 2023 12,000

TOUCH OF POLAND LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Tangible Assets

Total
Cost £
At 01 June 2023 425,518
Additions 2,542
Disposals (2,633)
At 31 May 2024 425,427
Depreciation
At 01 June 2023 114,963
Charge for year 19,309
On disposals (729)
At 31 May 2024 133,543
Net book value
At 31 May 2024 291,884
At 31 May 2023 310,555