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REGISTERED NUMBER: 13032358 (England and Wales)













Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Michael Poole Property Consultants
Limited

Michael Poole Property Consultants
Limited (Registered number: 13032358)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Michael Poole Property Consultants
Limited

Company Information
for the Year Ended 31 March 2025







DIRECTORS: R M Poole
J M Poole
D Poole





REGISTERED OFFICE: 64-66 Borough Road
Middlesbrough
United Kingdom
Cleveland
TS1 2JH





REGISTERED NUMBER: 13032358 (England and Wales)





ACCOUNTANTS: Anderson Barrowcliff Limited
Chartered Accountants
3 Kingfisher Court
Bowesfield Park
Stockton on Tees
TS18 3EX

Michael Poole Property Consultants
Limited (Registered number: 13032358)

Balance Sheet
31 March 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 444,000 518,000
Tangible assets 5 43,323 45,535
487,323 563,535

CURRENT ASSETS
Debtors 6 218,086 142,959
Cash at bank 407,448 74,127
625,534 217,086
CREDITORS
Amounts falling due within one year 7 349,574 204,408
NET CURRENT ASSETS 275,960 12,678
TOTAL ASSETS LESS CURRENT
LIABILITIES

763,283

576,213

CREDITORS
Amounts falling due after more than one
year

8

(258,605

)

(331,092

)

PROVISIONS FOR LIABILITIES (8,708 ) (9,160 )
NET ASSETS 495,970 235,961

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 495,870 235,861
SHAREHOLDERS' FUNDS 495,970 235,961

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

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

Michael Poole Property Consultants
Limited (Registered number: 13032358)

Balance Sheet - continued
31 March 2025


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 5 August 2025 and were signed on its behalf by:





J M Poole - Director


Michael Poole Property Consultants
Limited (Registered number: 13032358)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

Michael Poole Property Consultants 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.

The presentation currency of the financial statements is the Pound Sterling (£) rounded to the nearest £.

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.

Income is recognised on completion of a property sale as this is the point at which the company becomes contractually entitled to the income.

Management fee income represents amounts invoiced for sales of services and is recognised when the services have been completed and the company has the right to receive the consideration.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2021, is being amortised evenly over its estimated useful life of 10 years.

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 and fittings - 15% on cost
Computer equipment - 33% on cost

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.

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.

Michael Poole Property Consultants
Limited (Registered number: 13032358)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

2. ACCOUNTING POLICIES - continued

Debtors and creditors receivable/payable within one year
Debtors and creditors with no stated interest rate and receivable or payable are recorded at transaction price. Any losses arising from impairment are recognised in the income statement in other administrative expenses.

Impairment
Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 38 (2024 - 36 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2024
and 31 March 2025 740,000
AMORTISATION
At 1 April 2024 222,000
Charge for year 74,000
At 31 March 2025 296,000
NET BOOK VALUE
At 31 March 2025 444,000
At 31 March 2024 518,000

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and Computer
property fittings equipment Totals
£    £    £    £   
COST
At 1 April 2024 36,807 18,137 2,682 57,626
Additions - 1,051 4,826 5,877
At 31 March 2025 36,807 19,188 7,508 63,503
DEPRECIATION
At 1 April 2024 4,276 7,543 272 12,091
Charge for year 3,680 2,746 1,663 8,089
At 31 March 2025 7,956 10,289 1,935 20,180
NET BOOK VALUE
At 31 March 2025 28,851 8,899 5,573 43,323
At 31 March 2024 32,531 10,594 2,410 45,535

Michael Poole Property Consultants
Limited (Registered number: 13032358)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 153,871 100,254
Other debtor 514 514
Prepayments 63,701 42,191
218,086 142,959

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 44,449 37,558
Taxation 115,692 16,975
Social security and other taxes 45,869 26,250
VAT 117,356 103,869
Other loans 7,452 393
Accrued expenses 18,756 19,363
349,574 204,408

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025 2024
£    £   
Other loans 258,605 331,092

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2025 2024
value: £    £   
100 Ordinary 1 100 100

10. OTHER FINANCIAL COMMITMENTS

Minimum lease payments fall due as follows:


Non-cancellable operating
leases
2025 2024
£ £
Within one year28,12829,453
Between one and five years40,09147,950
68,21977,403