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REGISTERED NUMBER: 04256084 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

FOR

POCKETFUL LIMITED

POCKETFUL LIMITED (REGISTERED NUMBER: 04256084)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 JANUARY 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


POCKETFUL LIMITED

COMPANY INFORMATION
for the Year Ended 31 JANUARY 2025







DIRECTORS: Mr A J Blackwell
Mrs J E Blackwell
Mrs J H Blackwell





REGISTERED OFFICE: 10 Market Square
Lytham
Lancashire
FY8 5LW





REGISTERED NUMBER: 04256084 (England and Wales)





ACCOUNTANTS: Whitehead & Howarth
327 Clifton Drive South
Lytham St Annes
Lancashire
FY8 1HN

POCKETFUL LIMITED (REGISTERED NUMBER: 04256084)

BALANCE SHEET
31 JANUARY 2025

31.1.25 31.1.24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 300,016 300,020

CURRENT ASSETS
Debtors 5 1,966 2,536
Cash at bank 33,079 20,460
35,045 22,996
CREDITORS
Amounts falling due within one year 6 147,552 133,478
NET CURRENT LIABILITIES (112,507 ) (110,482 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

187,509

189,538

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 7 187,409 189,438
SHAREHOLDERS' FUNDS 187,509 189,538

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 June 2025 and were signed on its behalf by:





Mr A J Blackwell - Director


POCKETFUL LIMITED (REGISTERED NUMBER: 04256084)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 JANUARY 2025

1. STATUTORY INFORMATION

Pocketful 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 as modified by the revaluation of certain assets.

Turnover
Turnover comprises rents receivable in respect of the company's freehold interests in land and buildings.

Tangible fixed assets and depreciation
Depreciation has been provided at the rate of 15% on a reducing balance basis in order to write down the cost of fixtures and fittings over their expected useful lives.

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.

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.

Investment properties
In accordance with FRS 102 Section 1A, the company's freehold properties are held for long term investment and are included in the balance sheet at their open market value. Surpluses and deficits arising on revaluation are taken directly to Profit and Loss Account.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

POCKETFUL LIMITED (REGISTERED NUMBER: 04256084)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 JANUARY 2025

4. TANGIBLE FIXED ASSETS
Fixtures
Investment and
properties fittings Totals
£    £    £   
COST OR VALUATION
At 1 February 2024
and 31 January 2025 300,000 2,084 302,084
DEPRECIATION
At 1 February 2024 - 2,064 2,064
Charge for year - 4 4
At 31 January 2025 - 2,068 2,068
NET BOOK VALUE
At 31 January 2025 300,000 16 300,016
At 31 January 2024 300,000 20 300,020

Included in cost or valuation of land and buildings is freehold land of £ 300,000 (2024 - £ 300,000 ) which is not depreciated.

Cost or valuation at 31 January 2025 is represented by:

Fixtures
Investment and
properties fittings Totals
£    £    £   
Valuation in 2005 51,468 - 51,468
Valuation in 2007 50,000 - 50,000
Valuation in 2016 75,000 - 75,000
Cost 123,532 2,084 125,616
300,000 2,084 302,084

If Investment properties had not been revalued they would have been included at the following historical cost:

31.1.25 31.1.24
£    £   
Cost 123,532 123,532

Value of land in freehold land and buildings 123,532 123,532

Investment properties were valued on on open market basis on 31 January 2023 by Mr. A.J.B. Blackwell, a director .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£    £   
Other debtors 1,966 2,536

POCKETFUL LIMITED (REGISTERED NUMBER: 04256084)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 JANUARY 2025

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£    £   
Taxation and social security 2,106 2,424
Other creditors 145,446 131,054
147,552 133,478

7. RESERVES
Retained
earnings
£   

At 1 February 2024 189,438
Profit for the year 8,971
Dividends (11,000 )
At 31 January 2025 187,409

The balance of retained earnings at 31/1/2025 includes unrealised retained earnings of £176,468 (2024: £176,468) in respect of surpluses that have arisen on the revaluation of the company's investment property.

8. RELATED PARTY DISCLOSURES

Control

The company is controlled by the directors of the company.