Registered number
04888699
Ponds, Pools & Fountains Ltd
Accounts
30 September 2024
Ponds, Pools & Fountains Ltd
Registered number: 04888699
Balance Sheet
as at 30 September 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 20,561 20,120
Current assets
Stocks - 900
Debtors 4 55,964 41,647
Cash at bank and in hand 30,880 9,942
86,844 52,489
Creditors: amounts falling due within one year 5 (95,805) (77,631)
Net current liabilities (8,961) (25,142)
Net assets/(liabilities) 11,600 (5,022)
Capital and reserves
Called up share capital 100 100
Profit and loss account 11,500 (5,122)
Shareholders' funds 11,600 (5,022)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
I Marshall
Director
Approved by the board on 20 March 2025
Ponds, Pools & Fountains Ltd
Notes to the Accounts
for the year ended 30 September 2024
1 Accounting policies
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildings over 50 years
Leasehold land and buildings over the lease term
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 October 2023 48,367 14,185 62,552
Additions - 3,417 3,417
At 30 September 2024 48,367 17,602 65,969
Depreciation
At 1 October 2023 29,766 12,666 42,432
Charge for the year 2,976 - 2,976
At 30 September 2024 32,742 12,666 45,408
Net book value
At 30 September 2024 15,625 4,936 20,561
At 30 September 2023 18,601 1,519 20,120
4 Debtors 2024 2023
£ £
Trade debtors 55,964 41,647
5 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 8,179 3,947
Corporation tax 5,503 598
Other taxes and social security costs 7,061 1,430
Other creditors 75,062 71,656
95,805 77,631
6 Other information
Ponds, Pools & Fountains Ltd is a private company limited by shares and incorporated in England. Its registered office is:
277 Stockport Road
Ashton u Lyne
Lancashire
OL7 0NT
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