A Pollick Limited 31/12/2024 iXBRL

Company registration number: 00283265

A Pollick Limited

Filleted financial statements

31 December 2024

A Pollick Limited

Contents

Directors and other information

Directors responsibilities statement

Statement of financial position

Notes to the financial statements

A Pollick Limited

Directors and other information


	Directors	Robert Wayne Pollick


	Company number	00283265


	Registered office	Crossens Way Business Park
		Crossens Way
		Southport
		England
		PR9 9LY


	Business address	3 Eagar Street
		Newton Heath
		Manchester
		M40 1EP


	Auditor	Forshaws Accountants Limited
		Crossens Way
		Southport
		PR9 9LY

A Pollick Limited

Directors responsibilities statement

Year ended 31 December 2024

The directors are responsible for preparing the directors report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period.

In preparing these financial statements, the directors are required to:

- select suitable accounting policies and then apply them consistently;

- make judgments and accounting estimates that are reasonable and prudent; and

- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

A Pollick Limited

Statement of financial position

31 December 2024

		2024		2023
	Note	£	£	£	£

Fixed assets
Intangible assets	5	3,172		-
Tangible assets	6	237,872		272,241
		_______		_______
			241,044		272,241

Current assets
Debtors	7	1,813,158		908,786
Investments	8	273		341
Cash at bank and in hand		209,577		562,880
		_______		_______
		2,023,008		1,472,007
Creditors: amounts falling due
within one year	9	( 1,246,575)		( 735,377)
		_______		_______
Net current assets			776,433		736,630
			_______		_______
Total assets less current liabilities			1,017,477		1,008,871


Provisions for liabilities			( 9,585)		( 15,462)

			_______		_______
Net assets			1,007,892		993,409
			_______		_______

Capital and reserves
Called up share capital			45		45
Capital redemption reserve			7		7
Profit and loss account			1,007,840		993,357
			_______		_______
Shareholders funds			1,007,892		993,409
			_______		_______

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 06 June 2025 , and are signed on behalf of the board by:

Robert Wayne Pollick

Director

Company registration number: 00283265

A Pollick Limited

Notes to the financial statements

Year ended 31 December 2024

1. General information

The company is a private company limited by shares, incorporated in England. The address of the registered office is Crossens Way Business Park, Crossens Way, Southport, England, PR9 9LY. The principal activity of the company is that of shopfitting.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in pounds sterling, which is the functional currency of the entity.

Going concern

The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

The company's contracts with customers include the provision of both goods and services. When the outcome of a contract can be estimated reliably the associated revenue is recognised by reference to the estimated stage of completion at the end of the reporting period. The estimated stage of completion is determined based on the proportion that costs incurred for work performed to date bear to the estimated total costs. Any costs whose recovery is not probable are recognised immediately as an expens. When the outcome of a contract cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that is probable wil be recovered.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Intangible assets

Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses. Any intangible assets carried at a revalued amount, are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses. Intangible assets acquired as part of a business combination are only recognised separately from goodwill when they arise from contractual or other legal rights, are separable, the expected future economic benefits are probable and the cost or value can be measured reliably.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:


Website	-	20% Straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost of an asset, less its residual value, over the useful economic life of that asset as follows:


Long Leasehold Property	-	2% Straight line
Plant and Machinery	-	20% Straight line
Fixtures, Fittings and Equipment	-	15% Reducing balance
Motor Vehicles	-	25% Straight line
Computer Equipment	-	25% Straight line

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Construction contracts

Where the outcome of construction contracts can be reliably estimated, contract revenue and contract costs are recognised by reference to the stage of completion of the contract activity as at the period end. Where the outcome of construction contracts cannot be estimated reliably, revenue is recognised to the extent of contract costs incurred that it is probable will be recoverable, and contract costs are recognised as an expense in the period in which they are incurred. The entity uses the percentage of completion method to determine the amounts to be recognised in the period. The stage of completion is measured by reference to the contract costs incurred up to the end of the reporting period as a percentage of total estimated costs for each contract. Costs incurred for work performed to date do not include costs relating to future activity, such as for materials or prepayments.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.

Financial instruments

Financial assets and financial liabilities are recognised in the Statement of Financial Position when the company becomes a party to the contractual provisions of the instrument. Trade and other debtors and creditors (excluding prepayments and deferred income) are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due. Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank. Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.

Defined contribution pension plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided

Current asset investments

Current asset investments are initially recorded at cost. Current asset investments are revalued their fair value at each reporting date and any changes in fair value are recognised in profit or loss.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 22 (2023: 22 ).

5. Intangible assets

	Website	Total
	£	£
Cost
At 1 January 2024	-	-
Additions	3,500	3,500
	_______	_______
At 31 December 2024	3,500	3,500
	_______	_______
Amortisation
At 1 January 2024	-	-
Charge for the year	328	328
	_______	_______
At 31 December 2024	328	328
	_______	_______
Carrying amount
At 31 December 2024	3,172	3,172
	_______	_______
At 31 December 2023	-	-
	_______	_______

6. Tangible assets

	Long leasehold property	Plant and machinery	Fixtures, fittings and equipment	Motor vehicles	Computer equipment	Total
	£	£	£	£	£	£
Cost
At 1 January 2024	304,125	13,717	75,222	276,307	74,034	743,405
Additions	-	4,563	-	-	6,341	10,904
	_______	_______	_______	_______	_______	_______
At 31 December 2024	304,125	18,280	75,222	276,307	80,375	754,309
	_______	_______	_______	_______	_______	_______
Depreciation
At 1 January 2024	121,651	13,694	68,488	201,445	65,886	471,164
Charge for the year	6,083	707	1,101	30,963	6,419	45,273
	_______	_______	_______	_______	_______	_______
At 31 December 2024	127,734	14,401	69,589	232,408	72,305	516,437
	_______	_______	_______	_______	_______	_______
Carrying amount
At 31 December 2024	176,391	3,879	5,633	43,899	8,070	237,872
	_______	_______	_______	_______	_______	_______
At 31 December 2023	182,474	23	6,734	74,862	8,148	272,241
	_______	_______	_______	_______	_______	_______

7. Debtors

	2024	2023
	£	£
Trade debtors	1,631,711	601,005
Other debtors	181,447	307,781
	_______	_______
	1,813,158	908,786
	_______	_______

8. Investments

	2024	2023
	£	£
Other Investments as at 1st January 2024	341	408
Other investments revaluation	(68)	(67)
	_______	_______
	273	341
	_______	_______

9. Creditors: amounts falling due within one year

	2024	2023
	£	£
Trade creditors	240,018	225,729
Social security and other taxes	697,147	354,698
Other creditors	309,410	154,950
	_______	_______
	1,246,575	735,377
	_______	_______

10. Summary audit opinion

The auditor's report dated 06 June 2025 was unqualified.

The senior statutory auditor was Andrew Goddard for and on behalf of Forshaws Accountants Limited

11. Controlling party

The ultimate controlling party is A Pollick Employee Trustee Limited by virtue of their 100% holding of the issued share capital.