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REGISTERED NUMBER: 03989387 (England and Wales)















Poles Ahead Limited

Unaudited Financial Statements

for the Year Ended 31 August 2024






Poles Ahead Limited (Registered number: 03989387)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Poles Ahead Limited

Company Information
for the Year Ended 31 August 2024







DIRECTOR: C Rees





REGISTERED OFFICE: Avon Valley Country Store
Pixash Lane, Bath Road
Keynsham
Bristol
BS31 1 T





REGISTERED NUMBER: 03989387 (England and Wales)





ACCOUNTANTS: Xeinadin South Wales & West Limited
Accountants & Business Advisors
Suite 1
Brecon House
Llantarnam Park
Cwmbran
NP44 3AB

Poles Ahead Limited (Registered number: 03989387)

Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 20,598 20,979

CURRENT ASSETS
Stocks 13,642 20,000
Debtors 5 33,360 20,689
47,002 40,689
CREDITORS
Amounts falling due within one year 6 67,690 64,364
NET CURRENT LIABILITIES (20,688 ) (23,675 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(90

)

(2,696

)

CREDITORS
Amounts falling due after more than one year 7 3,036 6,939
NET LIABILITIES (3,126 ) (9,635 )

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (3,128 ) (9,637 )
(3,126 ) (9,635 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

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 director and authorised for issue on 30 August 2025 and were signed by:





C Rees - Director


Poles Ahead Limited (Registered number: 03989387)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

Poles Ahead 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 (£).


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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 10% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Poles Ahead Limited (Registered number: 03989387)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 1 September 2023 75,417 26,426 101,843
Additions 2,300 - 2,300
At 31 August 2024 77,717 26,426 104,143
DEPRECIATION
At 1 September 2023 63,749 17,115 80,864
Charge for year 1,750 931 2,681
At 31 August 2024 65,499 18,046 83,545
NET BOOK VALUE
At 31 August 2024 12,218 8,380 20,598
At 31 August 2023 11,668 9,311 20,979

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Other debtors 33,360 20,689

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Bank loans and overdrafts 20,084 22,996
Trade creditors 3,639 5,942
Taxation and social security 39,715 30,732
Other creditors 4,252 4,694
67,690 64,364

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.8.24 31.8.23
£    £   
Bank loans 3,036 6,939

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2024 and 31 August 2023:

31.8.24 31.8.23
£    £   
C Rees
Balance outstanding at start of year 20,687 15,363
Amounts advanced 26,304 21,869
Amounts repaid (13,632 ) (16,545 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 33,359 20,687