Caseware UK (AP4) 2023.0.135 2023.0.135 2025-05-312025-05-31false2024-08-3118The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.Farming and scaffolding works26truetruefalse NI608649 2024-08-31 2025-05-31 NI608649 2023-08-31 2024-08-30 NI608649 2025-05-31 NI608649 2024-08-30 NI608649 c:Director2 2024-08-31 2025-05-31 NI608649 d:Buildings 2024-08-31 2025-05-31 NI608649 d:Buildings 2025-05-31 NI608649 d:Buildings 2024-08-30 NI608649 d:Buildings d:OwnedOrFreeholdAssets 2024-08-31 2025-05-31 NI608649 d:PlantMachinery 2024-08-31 2025-05-31 NI608649 d:PlantMachinery 2025-05-31 NI608649 d:PlantMachinery 2024-08-30 NI608649 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-08-31 2025-05-31 NI608649 d:MotorVehicles 2024-08-31 2025-05-31 NI608649 d:MotorVehicles 2025-05-31 NI608649 d:MotorVehicles 2024-08-30 NI608649 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-08-31 2025-05-31 NI608649 d:FurnitureFittings 2024-08-31 2025-05-31 NI608649 d:FurnitureFittings 2025-05-31 NI608649 d:FurnitureFittings 2024-08-30 NI608649 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-08-31 2025-05-31 NI608649 d:OfficeEquipment 2024-08-31 2025-05-31 NI608649 d:OfficeEquipment 2025-05-31 NI608649 d:OfficeEquipment 2024-08-30 NI608649 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-08-31 2025-05-31 NI608649 d:OwnedOrFreeholdAssets 2024-08-31 2025-05-31 NI608649 d:CurrentFinancialInstruments 2025-05-31 NI608649 d:CurrentFinancialInstruments 2024-08-30 NI608649 d:Non-currentFinancialInstruments 2025-05-31 NI608649 d:Non-currentFinancialInstruments 2024-08-30 NI608649 d:CurrentFinancialInstruments d:WithinOneYear 2025-05-31 NI608649 d:CurrentFinancialInstruments d:WithinOneYear 2024-08-30 NI608649 d:Non-currentFinancialInstruments d:AfterOneYear 2025-05-31 NI608649 d:Non-currentFinancialInstruments d:AfterOneYear 2024-08-30 NI608649 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2025-05-31 NI608649 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-08-30 NI608649 d:ShareCapital 2025-05-31 NI608649 d:ShareCapital 2024-08-30 NI608649 d:RevaluationReserve 2024-08-31 2025-05-31 NI608649 d:RevaluationReserve 2025-05-31 NI608649 d:RevaluationReserve 2024-08-30 NI608649 d:RetainedEarningsAccumulatedLosses 2024-08-31 2025-05-31 NI608649 d:RetainedEarningsAccumulatedLosses 2025-05-31 NI608649 d:RetainedEarningsAccumulatedLosses 2024-08-30 NI608649 c:OrdinaryShareClass1 2024-08-31 2025-05-31 NI608649 c:OrdinaryShareClass1 2025-05-31 NI608649 c:OrdinaryShareClass1 2024-08-30 NI608649 c:FRS102 2024-08-31 2025-05-31 NI608649 c:AuditExempt-NoAccountantsReport 2024-08-31 2025-05-31 NI608649 c:FullAccounts 2024-08-31 2025-05-31 NI608649 c:PrivateLimitedCompanyLtd 2024-08-31 2025-05-31 NI608649 5 2024-08-31 2025-05-31 NI608649 d:AcceleratedTaxDepreciationDeferredTax 2025-05-31 NI608649 d:AcceleratedTaxDepreciationDeferredTax 2024-08-30 NI608649 d:TaxLossesCarry-forwardsDeferredTax 2025-05-31 NI608649 d:TaxLossesCarry-forwardsDeferredTax 2024-08-30 NI608649 d:OtherDeferredTax 2025-05-31 NI608649 d:OtherDeferredTax 2024-08-30 NI608649 d:PlantMachinery d:LeasedAssetsHeldAsLessee 2025-05-31 NI608649 d:PlantMachinery d:LeasedAssetsHeldAsLessee 2024-08-30 NI608649 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2025-05-31 NI608649 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2024-08-30 NI608649 d:LeasedAssetsHeldAsLessee 2025-05-31 NI608649 d:LeasedAssetsHeldAsLessee 2024-08-30 NI608649 e:PoundSterling 2024-08-31 2025-05-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: NI608649










S POLLOCK AND PARTNERS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 MAY 2025

 
S POLLOCK AND PARTNERS LIMITED
 

CONTENTS



Page
Balance sheet
 
 
1 - 2
Notes to the financial statements
 
 
3 - 13


 
S POLLOCK AND PARTNERS LIMITED
REGISTERED NUMBER: NI608649

BALANCE SHEET
AS AT 31 MAY 2025

31 May
30 August
2025
2024
Note
£
£

Fixed assets
  

Tangible assets
 4 
3,669,467
751,037

  
3,669,467
751,037

Current assets
  

Stocks
 5 
1,177,750
906,700

Debtors: amounts falling due within one year
 6 
207,644
191,562

Cash at bank and in hand
 7 
12,474
58

  
1,397,868
1,098,320

Creditors: amounts falling due within one year
 8 
(2,161,930)
(716,354)

Net current (liabilities)/assets
  
 
 
(764,062)
 
 
381,966

Total assets less current liabilities
  
2,905,405
1,133,003

Creditors: amounts falling due after more than one year
 9 
(865,377)
(575,917)

Provisions for liabilities
  

Deferred tax
 11 
(436,117)
(130,341)

  
 
 
(436,117)
 
 
(130,341)

Net assets
  
1,603,911
426,745


Capital and reserves
  

Called up share capital 
 12 
100
100

Revaluation reserve
 13 
917,329
-

Profit and loss account
 13 
686,482
426,645

  
1,603,911
426,745


Page 1

 
S POLLOCK AND PARTNERS LIMITED
REGISTERED NUMBER: NI608649

BALANCE SHEET (CONTINUED)
AS AT 31 MAY 2025

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 8 August 2025.


Mr Richard Pollock
Director

The notes on pages 3 to 13 form part of these financial statements.

Page 2

 
S POLLOCK AND PARTNERS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2025

1.


General information

S Pollock and Partners Limited is a private company limited by shares and is incorporated and registered in Northern Ireland under Company Registration Number NI608649. 
The company's registered office is situated at 10 Vow Road, Ballymoney, County Antrim, BT54 7PB. 
The company's principal activities are farming, scaffolding contract works and commercial external painting. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

The directors continue to adopt the going concern basis in preparing the annual report and financial statements.

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Page 3

 
S POLLOCK AND PARTNERS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2025

2.Accounting policies (continued)

 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using both reducing balance and straightline methods.

Depreciation is provided on the following basis:

Freehold property
-
nil
Plant & machinery
-
10% reducing balance
Motor vehicles
-
25% reducing balance
Fixtures & fittings
-
25% straight line
Equipment
-
nil

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.5

Revaluation of tangible fixed assets

Individual freehold and leasehold properties are carried at current year value at fair value at the date of the revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Revaluations are undertaken with sufficient regularity to ensure the carrying amount does not differ materially from that which would be determined using fair value at the balance sheet date.
Fair values are determined from market based evidence normally undertaken by professionally qualified valuers.

Revaluation gains and losses are recognised in other comprehensive income unless losses exceed the previously recognised gains or reflect a clear consumption of economic benefits, in which case the excess losses are recognised in profit or loss.

 
2.6

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Page 4

 
S POLLOCK AND PARTNERS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2025

2.Accounting policies (continued)

 
2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.10

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the Statement of comprehensive income in the same period as the related expenditure.

 
2.11

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of comprehensive income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

 
2.12

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 5

 
S POLLOCK AND PARTNERS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2025

2.Accounting policies (continued)

 
2.13

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.14

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.15

Borrowing costs

All borrowing costs are recognised in profit or loss in the period in which they are incurred.

 
2.16

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

Page 6

 
S POLLOCK AND PARTNERS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2025

2.Accounting policies (continued)

 
2.17

Current and deferred taxation

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

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

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.



3.


Employees

The average monthly number of employees, including the directors, during the period was as follows:


        2025
        2024
            No.
            No.







Farming
8
1



Scaffolding
9
24



Directors
1
1

18
26

Page 7

 
S POLLOCK AND PARTNERS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2025

4.


Tangible fixed assets







Freehold property
Plant & machinery
Motor vehicles
Fixtures & fittings
Equipment

£
£
£
£
£



Cost or valuation


At 31 August 2024
-
385,524
130,496
18,179
900,482


Additions
1,706,895
-
4,000
-
-


Revaluations
1,223,105
-
-
-
-



At 31 May 2025

2,930,000
385,524
134,496
18,179
900,482



Depreciation


At 31 August 2024
-
219,876
87,167
18,179
358,423


Charge for the period on owned assets
-
8,760
6,809
-
-



At 31 May 2025

-
228,636
93,976
18,179
358,423



Net book value



At 31 May 2025
2,930,000
156,888
40,520
-
542,059



At 30 August 2024
-
165,649
43,329
-
542,059

Total

£



Cost or valuation


At 31 August 2024
1,434,681


Additions
1,710,895


Revaluations
1,223,105



At 31 May 2025

4,368,681



Depreciation


At 31 August 2024
683,645


Charge for the period on owned assets
15,569



At 31 May 2025

699,214



Net book value



At 31 May 2025
3,669,467



At 30 August 2024
751,037
Page 8

 
S POLLOCK AND PARTNERS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2025

           4.Tangible fixed assets (continued)


The net book value of assets held under finance leases or hire purchase contracts, included above, are as follows:


31 May
30 August
2025
2024
£
£



Plant and machinery
-
28,252

Motor vehicles
-
17,482

-
45,734

Cost or valuation at 31 May 2025 is as follows:

Land and buildings
£


At cost
1,706,895
At valuation:

31 May 2025
1,223,105



2,930,000

If the land and buildings had not been included at valuation they would have been included under the historical cost convention as follows:

31 May
30 August
2025
2024
£
£



Cost
1,706,895
-

Net book value
1,706,895
-

The property was valued by the Director at 31 May 2025 and is based on a formal independent valuation carried out by Colliers on 27 January 2025. The market value of Lots 1 & 2 for land and buildings at Vow Road and Bendooragh Road was £2,930,000. The valuer is MRICS qualified and falls within the requirements as to competence as set out in PS 2 of the latest edition of the RICS Valuation - Global Standards (Incorporating the IVSC International Valuation Standards) prepared by the Royal Institution of Chartered Surveyors (the "Red Book") and who is a valuer registered in accordance with the RICS Valuer Registration Scheme (VRS).

Page 9

 
S POLLOCK AND PARTNERS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2025

5.


Stocks

31 May
30 August
2025
2024
£
£

Raw materials and consumables
1,124,750
864,200

Finished goods and goods for resale
53,000
42,500

1,177,750
906,700



6.


Debtors

31 May
30 August
2025
2024
£
£


Trade debtors
179,041
156,284

Other debtors
17,386
8,448

Prepayments and accrued income
1,000
1,000

Amounts recoverable on long term contracts
10,217
25,830

207,644
191,562



7.


Cash and cash equivalents

31 May
30 August
2025
2024
£
£

Cash at bank and in hand
12,474
58

Less: bank overdrafts
-
(505)

12,474
(447)


Page 10

 
S POLLOCK AND PARTNERS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2025

8.


Creditors: Amounts falling due within one year

31 May
30 August
2025
2024
£
£

Bank overdrafts
-
505

Bank loans
-
3,945

Other loans
1,293,323
217,378

Trade creditors
332,980
273,733

Corporation tax
89,590
-

Other taxation and social security
172,602
172,885

Obligations under finance lease and hire purchase contracts
-
876

Other creditors
264,030
38,220

Accruals and deferred income
9,405
8,812

2,161,930
716,354


31 May
30 August
2025
2024
£
£

Other taxation and social security

PAYE/NI control
172,602
172,885

172,602
172,885



9.


Creditors: Amounts falling due after more than one year

31 May
30 August
2025
2024
£
£

Bank loans
60,972
92,222

Other creditors
804,405
483,695

865,377
575,917


The following liabilities were secured:




Details of security provided:

Net obligations under hire purchase contracts are secured on the assets concerned. The aggregate amount of creditors for which security has been given amounted to £nil (2024: £876).

Page 11

 
S POLLOCK AND PARTNERS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2025

10.


Loans


Analysis of the maturity of loans is given below:


31 May
30 August
2025
2024
£
£

Amounts falling due within one year

Bank loans
-
3,945

Other loans
1,293,323
217,378


1,293,323
221,323


Amounts falling due 2-5 years

Bank loans
60,972
92,222


60,972
92,222


1,354,295
313,545



11.


Deferred taxation






2025


£






At beginning of year
(130,341)


Charged to other comprehensive income
(305,776)



At end of year
(436,117)

The provision for deferred taxation is made up as follows:

31 May
30 August
2025
2024
£
£


Accelerated capital allowances
(130,341)
(130,393)

Tax losses carried forward
-
52

Deferred tax on gains on revalued property
(305,776)
-

(436,117)
(130,341)

Page 12

 
S POLLOCK AND PARTNERS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MAY 2025

12.


Share capital

31 May
30 August
2025
2024
£
£
Allotted, called up and fully paid



10,000 (2024 - 10,000) Ordinary shares of £0.01 each
100
100



13.


Reserves

Revaluation reserve

The revaluation reserve includes all current and prior year surpluses and deficits, net of deferred tax, on the revaluation of the land and property held.

Profit & loss account

The profit and loss account is a fully distributable reserve and includes all current and prior year retained profit and losses. 


14.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £409 (2024: 559). Contributions due to be paid to the fund at the balance sheet date amounted to £18,427 (2024: £17,474).


15.


Controlling party

The ultimate controlling party is Mr Adam Pollock by virtue of his shareholding in the company. 


Page 13