Polytricity Ltd 14440079 Specialised design activities false 1 November 2023 14440079 2023-11-01 2024-10-31 14440079 2023-10-31 14440079 2024-10-31 14440079 2022-11-01 2023-10-31 14440079 2022-10-31 14440079 2023-10-31 14440079 frs102-bus:FRS102 2023-11-01 2024-10-31 14440079 frs102-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 14440079 frs102-bus:FullAccounts 2023-11-01 2024-10-31 14440079 frs102-bus:AuditExemptWithAccountantsReport 2023-11-01 2024-10-31 14440079 frs102-core:CurrentFinancialInstruments 2024-10-31 14440079 frs102-core:CurrentFinancialInstruments 2023-10-31 14440079 frs102-core:ShareCapital 2024-10-31 14440079 frs102-core:ShareCapital 2023-10-31 14440079 frs102-core:RetainedEarningsAccumulatedLosses 2024-10-31 14440079 frs102-core:RetainedEarningsAccumulatedLosses 2023-10-31 14440079 frs102-bus:Director1 2023-11-01 2024-10-31 14440079 frs102-core:ComputerEquipment 2023-11-01 2024-10-31 xbrli:pure iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares
Registered number
14440079
Polytricity Ltd
Unaudited Accounts
for the year ended
31 October 2024
Polytricity Ltd
Balance Sheet
as at 31 October 2024
Notes
2024
£
2023
£
Fixed assets
Tangible assets 1,550 2,325
1,550 2,325
Current assets
Cash at bank and in hand 45,077 22,640
45,077 22,640
Creditors: amounts falling due within one year (10,096) (0)
Net current assets / (liabilities) 34,981 22,640
Total assets less current liabilities 36,531 24,965
Provisions for liabilities (0) (0)
Accruals and deferred income (0) (625)
Total net assets (liabilities) 36,531 24,340
Capital and reserves
Called up share capital 1 1
Profit and loss account 36,530 24,339
Shareholders' funds 36,531 24,340

Polytricity Ltd
Balance Sheet
as at 31 October 2024



These accounts have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The directors have not delivered a copy of the company's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006.

For the year ending 31 October 2024 the company was entitled to exemption 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.

Signed on behalf of the board of directors

...............................

Mr R Ramsay

Director


Approved by the board on 27 June 2025

Company Number: 14440079 (a Private Company Limited by Shares registered in England and Wales)

Registered Office:

21 RANWORTH AVENUE
Hoddesdon
EN11 9NP
England

Polytricity Ltd
Notes to the Accounts
for the year ended 31 October 2024

1. Accounting policies

Basis of preparation of financial statements
These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.
Going concern basis
The accounts have been prepared on the assumption that the company is able to carry on business as a going concern for the foreseeable future.
Revenue recognition
Revenue is measured at the fair value of the consideration received or receivable. Revenue is reduced for estimated customer returns, rebates and other similar allowances. Revenue from the sale of goods is recognised when goods are delivered and legal title has passed.
Tangible fixed assets depreciation policy
Tangible fixed assets are stated at cost less accumulated depreciation and impairment losses. Depreciation is provided, after taking account of any grants receivable, at rates calculated to write off the cost of fixed assets, less the estimated residual value, over their estimated useful lives.
Computer equipment 25% Straight Line
2. Employees
2024 2023
Average number of employees during the period 0 0