1 October 2023 false No description of principal activity Taxfiler 2024.6 07365061business:PrivateLimitedCompanyLtd2023-10-012024-09-30 073650612023-09-30 073650612023-10-012024-09-30 07365061business:AuditExempt-NoAccountantsReport2023-10-012024-09-30 07365061business:FilletedAccounts2023-10-012024-09-30 073650612024-09-30 07365061business:Director12023-10-012024-09-30 07365061business:Director22023-10-012024-09-30 07365061business:RegisteredOffice2023-10-012024-09-30 073650612023-09-30 07365061core:WithinOneYear2024-09-30 07365061core:WithinOneYear2023-09-30 07365061core:AfterOneYear2024-09-30 07365061core:AfterOneYear2023-09-30 07365061core:ShareCapitalcore:PreviouslyStatedAmount2024-09-30 07365061core:ShareCapitalcore:PreviouslyStatedAmount2023-09-30 07365061core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-09-30 07365061core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-09-30 07365061core:PreviouslyStatedAmount2024-09-30 07365061core:PreviouslyStatedAmount2023-09-30 07365061business:SmallEntities2023-10-012024-09-30 07365061countries:EnglandWales2023-10-012024-09-30 07365061core:ComputerEquipment2023-10-012024-09-30 07365061core:MotorVehicles2023-09-30 07365061core:ComputerEquipment2023-09-30 07365061core:MotorVehicles2024-09-30 07365061core:ComputerEquipment2024-09-30 07365061core:MotorVehicles2023-10-012024-09-30 073650612022-10-012023-09-30 iso4217:GBP xbrli:pure
Company Registration No. 07365061 (England and Wales)
Polymerwise Limited Unaudited accounts for the year ended 30 September 2024
Polymerwise Limited Unaudited accounts Contents
Page
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Polymerwise Limited Company Information for the year ended 30 September 2024
Directors
G Savage J S Savage
Company Number
07365061 (England and Wales)
Registered Office
Chalcot, Arrow Lane, North Littleton, Evesham Worcestershire WE11 8EF
Accountants
Mosaic Accounting Limited Frensham Blakes Hill, North Littleton, Evesham Warwickshire WR11 8QN
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Polymerwise Limited Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
75,194 
78,818 
Current assets
Cash at bank and in hand
7,784 
8,491 
Creditors: amounts falling due within one year
(30,662)
(27,822)
Net current liabilities
(22,878)
(19,331)
Total assets less current liabilities
52,316 
59,487 
Creditors: amounts falling due after more than one year
(24,084)
(34,380)
Net assets
28,232 
25,107 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
28,132 
25,007 
Shareholders' funds
28,232 
25,107 
For the year ending 30 September 2024 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 directors acknowledge their 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 of Directors and authorised for issue on 16 April 2025 and were signed on its behalf by
G Savage Director Company Registration No. 07365061
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Polymerwise Limited Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
Polymerwise Limited is a private company, limited by shares, registered in England and Wales, registration number 07365061. The registered office is Chalcot, Arrow Lane,, North Littleton, , Evesham, Worcestershire, WE11 8EF.
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
25% reducing balance.
4
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 October 2023
81,821 
10,221 
92,042 
At 30 September 2024
81,821 
10,221 
92,042 
Depreciation
At 1 October 2023
7,500 
5,724 
13,224 
Charge for the year
2,500 
1,124 
3,624 
At 30 September 2024
10,000 
6,848 
16,848 
Net book value
At 30 September 2024
71,821 
3,373 
75,194 
At 30 September 2023
74,321 
4,497 
78,818 
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Polymerwise Limited Notes to the Accounts for the year ended 30 September 2024
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
5,602 
4,864 
Obligations under finance leases and hire purchase contracts
13,632 
13,632 
Taxes and social security
2,127 
6 
Accrued preference dividends
700 
700 
Loans from directors
8,601 
8,620 
30,662 
27,822 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
24,084 
34,380 
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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