2024-01-01 2024-12-31 13060281 POLARPLAS UK LTD false 13060281 2024-01-01 2024-12-31 13060281 uk-bus:Director1 2024-01-01 2024-12-31 13060281 uk-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 13060281 uk-bus:SmallEntities 2024-01-01 2024-12-31 13060281 uk-bus:FullAccounts 2024-01-01 2024-12-31 13060281 uk-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 13060281 2024-01-01 13060281 2024-12-31 13060281 2023-12-31 xbrli:pure iso4217:GBP 13060281 2023-01-01 2023-12-31
Company Registration Number : 13060281 (England and Wales)
13060281
This company is a private limited company
This company sells stuff to other companies
The company was trading for the entire period
Full Accounts
2024-12-31
false
POLARPLAS UK LTD
The accounts were prepared in accordance with FRS102A
The accounts have been audited
2024-01-01
POLARPLAS UK LTD
Unaudited filleted financial statements
For the year ended 31 December 2024
POLARPLAS UK LTD
Contents
For the year ended 31 December 2024
CONTENTS PAGE
Company Information 3
Statement of Financial Position 4
Notes to the Financial Statements 5 - 6


POLARPLAS UK LTD
Company Information
For the year ended 31 December 2024
Company registration number 13060281 (England and Wales)
Directors Santosh Kumar Gopi
Jinesh Manian
Registered office address Suite 264 Unit 3a
34-35 Hatton Garden
Holborn
London
EC1N 8DX
Accountant Drita Morina
Chartered Management Accountants
suite 226 Seedbed centre
Langstone Road
IG10 3TQ
POLARPLAS UK LTD
Statement of Financial Position
For the year ended 31 December 2024
2024 2023
Notes £ £
Fixed assets
Property, plant and equipment 369 553
5 369 553
Current assets
Debtors 27,972 28,438
Cash and cash equivalents 28,075 14,825
56,047 43,263
Current liabilities
Creditors: Amounts falling due within one year (65,318) (64,507)
(65,318) (64,507)
Net current (liabilities)/assets (9,271) (21,244)
Total assets less current liabilities (8,902) (20,691)
Net (liabilities)/assets (8,902) (20,691)
Capital and reserves
Called up share capital 9,889 9,889
Retained earnings (18,792) (30,580)
Shareholder's funds (8,902) (20,691)
For the year ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The directors have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibility for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the special provisions of the Companies Act 2006 applicable to companies subject to the small companies' regime and in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A.
The profit and loss account has not been delivered to the Registrar of Companies in accordance with the special provisions applicable to companies subject to the small entities regime. All the members of the company have consented to the drawing up of the abridged balance sheet.
  • For the year ended 31 December 2024 the company was entitled to exemption from audit 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 responsibility for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts 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 profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 29 August 2025
.............................
Santosh Kumar Gopi (Director)
Company registration number: 13060281
/* == Copy of Frs105 Balance Sheet for XML COntent ============================================================ */
Balance sheet at 2024-12-31 31 December 2024
2024 2023
£ £
Fixed Assets 369 553
Current Assets 56,047 43,263
Creditors: amounts falling due within one year (65,318) (64,507)
Net current assets/(liabilities) (9,271) (21,244)
Total assets less current liabilities (8,902) (20,691)
Net Assets/(liabilities) (8,902) (20,691)
Capital and Reserves (8,902) (20,691)
For the year ending 31/12/2024 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. For the year ending 31-12-2024 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 for the year in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the small companies provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board of directors on 29 August 2025 2025-08-29 and signed on behalf of the board,
.............................
Santosh Kumar GOPI
Director
Company registration number: 13060281
POLARPLAS UK LTD
Notes to the Financial Statements
For the year ended 31 December 2024
(1) General Information
The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is Suite 264 Unit 3a, 34-35 Hatton Garden, Holborn, London, EC1N 8DX.

(2) Statement of compliance
These individual financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A and Companies Act 2006, as applicable to companies subject to the small companies' regime.

(3) Significant Accounting Policies
Basis of Preparation
The financial statements have been prepared on the historical cost basis and in accordance with the Companies Act 2006. The presentation and functional currency of the company is pounds sterling. The financial statements are presented in pound units (£) unless stated otherwise.
Property, plant and equipment
Property, plant and equipment is stated at cost less accumulated depreciation and impairment losses. Part of an item of property, plant and equipment having different useful lives are accounted for as separate items.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives, using the straight-line method. The estimated useful lives, residual values and depreciation method are reviewed at the end of each reporting period, with the effect of any changes in estimate accounted for on a prospective basis.

Depreciation is provided to write off the cost less estimated residual value, of each asset over its expected useful life as follows:

Asset class and depreciation rate
Land and Buildings
Plant and Machinery
Short Leasehold Properties
Investment Properties
Long Leasehold Properties
Commercial Vehicles
Fixtures and Fittings
Equipment33% reducing balance
Motor Cars
Taxation
Taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period.
Current Tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit before tax as reported in the income statement because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

(4) Employees
During the year, the average number of employees including director was 1 (2023 : 1).

(5) Fixed assets
Tangible

£
Cost
As at 01 January 20241,865
As at 31 December 20241,865
Depreciation/Amortisation
As at 01 January 20241,588
For the year(92)
As at 31 December 20241,496
Net book value
As at 31 December 2024369
As at 31 December 2023277