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REGISTERED NUMBER: 06138681 (England and Wales)















POOLE RESOURCES LIMITED

ABRIDGED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024






POOLE RESOURCES LIMITED (REGISTERED NUMBER: 06138681)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


POOLE RESOURCES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2024







DIRECTORS: S J Poole
Mrs J Poole



SECRETARY: S J Poole



REGISTERED OFFICE: 95 High Street
Street
Somerset
BA16 0EZ



REGISTERED NUMBER: 06138681 (England and Wales)



ACCOUNTANTS: Poole Resources
Chartered Certified Accountants
95 High Street
Street
Somerset
BA16 0EZ



BANKERS: HSBC Bank plc
23 Fore Street
Bridgwater
Somerset
TA6 3LE

POOLE RESOURCES LIMITED (REGISTERED NUMBER: 06138681)

ABRIDGED BALANCE SHEET
31 AUGUST 2024

31.8.24 31.8.23
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 4,800 6,400
Tangible assets 5 5,297 5,989
10,097 12,389

CURRENT ASSETS
Debtors 132,826 108,206
Cash at bank 16,798 62,825
149,624 171,031
CREDITORS
Amounts falling due within one year 109,913 53,204
NET CURRENT ASSETS 39,711 117,827
TOTAL ASSETS LESS CURRENT
LIABILITIES

49,808

130,216

PROVISIONS FOR LIABILITIES 1,006 1,138
NET ASSETS 48,802 129,078

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 48,702 128,978
SHAREHOLDERS' FUNDS 48,802 129,078

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

POOLE RESOURCES LIMITED (REGISTERED NUMBER: 06138681)

ABRIDGED BALANCE SHEET - continued
31 AUGUST 2024


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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 August 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the Board of Directors and authorised for issue on 29 May 2025 and were signed on its behalf by:




S J Poole - Director



Mrs J Poole - Director


POOLE RESOURCES LIMITED (REGISTERED NUMBER: 06138681)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1. STATUTORY INFORMATION

Poole Resources 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 incorporation of a director's former business on 1 September 2007, is being amortised over its estimated useful life of twenty 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.
Improvements to property - 10% on cost
Fixtures, fittings and equipment - 10% on reducing balance
Office equipment - 20% on reducing balance

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.


POOLE RESOURCES LIMITED (REGISTERED NUMBER: 06138681)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 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.

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
Totals
£   
COST
At 1 September 2023
and 31 August 2024 32,000
AMORTISATION
At 1 September 2023 25,600
Amortisation for year 1,600
At 31 August 2024 27,200
NET BOOK VALUE

At 31 August 2024 4,800
At 31 August 2023 6,400

POOLE RESOURCES LIMITED (REGISTERED NUMBER: 06138681)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 September 2023 34,915
Additions 428
Disposals (487 )
At 31 August 2024 34,856
DEPRECIATION
At 1 September 2023 28,926
Charge for year 1,015
Eliminated on disposal (382 )
At 31 August 2024 29,559
NET BOOK VALUE
At 31 August 2024 5,297
At 31 August 2023 5,989