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Company Registration No. 11220465 (England and Wales)
Polo 365 Ltd Unaudited accounts for the year ended 28 February 2025
Polo 365 Ltd Unaudited accounts Contents
Page
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Polo 365 Ltd Company Information for the year ended 28 February 2025
Director
S.D.Kyriazi
Company Number
11220465 (England and Wales)
Registered Office
203 West Street Fareham Hampshire PO16 0EN United Kingdom
Accountants
Taxsense 203 West Street Fareham Hants PO16 0EN
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Polo 365 Ltd Accountants' report
Accountants' report to the director of Polo 365 Ltd on the preparation of the unaudited statutory accounts for the year ended 28 February 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Polo 365 Ltd for the year ended 28 February 2025 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Polo 365 Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Polo 365 Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Polo 365 Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Polo 365 Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Polo 365 Ltd. You consider that Polo 365 Ltd 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 accounts of Polo 365 Ltd. 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 accounts.
Taxsense 203 West Street Fareham Hants PO16 0EN 25 March 2025
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Polo 365 Ltd Statement of financial position as at 28 February 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,722 
1,059 
Current assets
Debtors
197 
- 
Cash at bank and in hand
43,436 
24,835 
43,633 
24,835 
Creditors: amounts falling due within one year
(17,296)
(5,108)
Net current assets
26,337 
19,727 
Net assets
30,059 
20,786 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
30,057 
20,784 
Shareholders' funds
30,059 
20,786 
For the year ending 28 February 2025 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 25 March 2025 and were signed on its behalf by
S.D.Kyriazi Director Company Registration No. 11220465
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Polo 365 Ltd Notes to the Accounts for the year ended 28 February 2025
1
Statutory information
Polo 365 Ltd is a private company, limited by shares, registered in England and Wales, registration number 11220465. The registered office is 203 West Street, Fareham, Hampshire, PO16 0EN, United Kingdom.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
20 % reducing balance
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 March 2024
1,605 
Additions
3,568 
Disposals
(1,318)
At 28 February 2025
3,855 
Depreciation
At 1 March 2024
546 
Charge for the year
76 
On disposals
(489)
At 28 February 2025
133 
Net book value
At 28 February 2025
3,722 
At 29 February 2024
1,059 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Amounts due from group undertakings etc.
197 
- 
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Polo 365 Ltd Notes to the Accounts for the year ended 28 February 2025
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Taxes and social security
5,476 
3,683 
Loans from directors
10,398 
3 
Accruals
1,422 
1,422 
17,296 
5,108 
7
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
S.D.Kyriazi
Director Loan Account
(3)
(17,463)
(7,068)
(10,398)
(3)
(17,463)
(7,068)
(10,398)
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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