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Registration number: 13263935

Ponder Yonder Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 December 2024

 

Ponder Yonder Limited

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 10

 

Ponder Yonder Limited

Company Information

Director

K S Waters

Registered office

Innovations House
19 Staple Gardens
Winchester
Hampshire
SO23 8SR

Accountants

Tax Innovations Limited Innovations House
19 Staple Gardens
Winchester
Hampshire
SO23 8SR

 

Ponder Yonder Limited

(Registration number: 13263935)
Balance Sheet as at 31 December 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

11,831

1,422

Investment property

5

4,382,543

857,181

Investments

6

100

-

Debtors

7

794,534

-

 

5,189,008

858,603

Current assets

 

Debtors

7

666,999

411,828

Cash at bank and in hand

 

721,617

1,743,050

 

1,388,616

2,154,878

Creditors: Amounts falling due within one year

8

(7,200,594)

(3,110,763)

Net current liabilities

 

(5,811,978)

(955,885)

Net liabilities

 

(622,970)

(97,282)

Capital and reserves

 

Called up share capital

9

1

1

Retained earnings

(622,971)

(97,283)

Shareholders' deficit

 

(622,970)

(97,282)

 

Ponder Yonder Limited

(Registration number: 13263935)
Balance Sheet as at 31 December 2024

For the financial year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 6 August 2025
 

.........................................
K S Waters
Director

 

Ponder Yonder Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Innovations House
19 Staple Gardens
Winchester
Hampshire
SO23 8SR
England

These financial statements were authorised for issue by the director on 6 August 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

At the 31 December 2024 the Company's liabilities exceeded its assets by £622,970. In accordance with his responsibility the director has considered the appropriateness of the going concern basis for the preparation of the financial statements and has concluded it is appropriate due to the continuing financial support of the shareholders.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
- the amount of revenue can be reliably measured;
- it is probable that future economic benefits will flow to the entity; and
- specific criteria have been met for each of the company's activities.

 

Ponder Yonder Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Tax

The tax expense for the period comprises tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.


Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

Ponder Yonder Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 0 (2023 - 0).

 

Ponder Yonder Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

4

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 January 2024

1,446

1,446

Additions

12,757

12,757

At 31 December 2024

14,203

14,203

Depreciation

At 1 January 2024

24

24

Charge for the year

2,348

2,348

At 31 December 2024

2,372

2,372

Carrying amount

At 31 December 2024

11,831

11,831

At 31 December 2023

1,422

1,422

5

Investment properties

2024
£

At 1 January

857,181

Additions

3,525,362

At 31 December

4,382,543

There has been no valuation of investment property by an independent valuer.

 

Ponder Yonder Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

6

Investments

2024
£

2023
£

Investments in subsidiaries

100

-

Subsidiaries

£

Cost or valuation

Additions

100

Provision

Carrying amount

At 31 December 2024

100

Details of undertakings

Details of the investments (including principal place of business of unincorporated entities) in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking

Registered office

Holding

Proportion of voting rights and shares held

2024

2023

Subsidiary undertakings

PY Commercial Limited

Innovations House, 19 Staple Gardens, Winchester, England, SO23 8SR

England

Ordinary

100%

100%

Subsidiary undertakings

PY Commercial Limited

The principal activity of PY Commercial Limited is commercial property letting.

 

Ponder Yonder Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

7

Debtors

Current

2024
£

2023
£

Other debtors

666,999

411,828

 

666,999

411,828


 

Non-current

Note

2024
£

2023
£

Amounts owed by related parties

10

794,534

-

   

794,534

-

8

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Amounts owed to related parties

10

7,189,194

3,104,692

Taxation and social security

 

-

4,271

Accruals and deferred income

 

11,400

1,800

 

7,200,594

3,110,763

9

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary of £1 each

1

1

1

1

       
 

Ponder Yonder Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

10

Related party transactions

Key management personnel

K Waters
(The director of the company)

Summary of transactions with subsidiaries

PY Commercial Limited
(The subsidiary company)
Provision of a working capital loan with no interest payable after one year

Income and receivables from related parties

2024

Subsidiary
£

Amounts receivable from related party

794,534

2023

Loans from related parties

2024

Key management
£

Total
£

At start of period

3,104,692

3,104,692

Advanced

5,737,092

5,737,092

Repaid

(2,142,481)

(2,142,481)

Interest transactions

489,891

489,891

At end of period

7,189,194

7,189,194

2023

Key management
£

Total
£

At start of period

558,811

558,811

Advanced

2,473,516

2,473,516

Repaid

(14,306)

(14,306)

Interest transactions

86,671

86,671

At end of period

3,104,692

3,104,692

Terms of loans from related parties

Provision of a working capital loan with an annual interest charge of 10% repayable by the 31 December 2043 although partial repayment may be made at any time.