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Registered number: 13372832
Poole Homes Anglesey Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
BCS Accountants & Tax Consultants
60 Main Road
Bolton Le Sands
Carnforth
Lancashire
LA5 8DN
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 13372832
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,985,275 1,926,202
1,985,275 1,926,202
CURRENT ASSETS
Debtors 5 416,464 401,953
Cash at bank and in hand 21,953 9,077
438,417 411,030
Creditors: Amounts Falling Due Within One Year 6 (1,627,776 ) (1,880,359 )
NET CURRENT ASSETS (LIABILITIES) (1,189,359 ) (1,469,329 )
TOTAL ASSETS LESS CURRENT LIABILITIES 795,916 456,873
Creditors: Amounts Falling Due After More Than One Year 7 (436,050 ) (405,655 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (36,227 ) -
NET ASSETS 323,639 51,218
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 323,539 51,118
SHAREHOLDERS' FUNDS 323,639 51,218
Page 1
Page 2
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr G Poole
Director
25/09/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Poole Homes Anglesey Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13372832 . The registered office is Unit 14a, Llys Onnen Ash Court, Parc Menai, Bangor, LL57 4DF.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 0%
Plant & Machinery 20%
Fixtures & Fittings 20%
Computer Equipment 20%
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income 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 liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 7 (2024: NIL)
7 -
Page 3
Page 4
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 April 2024 1,842,483 - 101,951 2,697 1,947,131
Additions 47,827 9,536 83,284 5,726 146,373
Disposals (50,144 ) (878 ) - - (51,022 )
As at 31 March 2025 1,840,166 8,658 185,235 8,423 2,042,482
Depreciation
As at 1 April 2024 - - 20,390 539 20,929
Provided during the period - 1,732 32,969 1,577 36,278
As at 31 March 2025 - 1,732 53,359 2,116 57,207
Net Book Value
As at 31 March 2025 1,840,166 6,926 131,876 6,307 1,985,275
As at 1 April 2024 1,842,483 - 81,561 2,158 1,926,202
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 75,530 39,960
Amounts owed by group undertakings 333,163 334,211
Other debtors 7,771 27,782
416,464 401,953
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 823 21,999
Bank loans and overdrafts 405,665 -
Other creditors 1,180,984 1,858,360
Taxation and social security 40,304 -
1,627,776 1,880,359
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 436,050 405,655
Page 4
Page 5
8. Share Capital
2025 2024
£ £
Called Up Share Capital not Paid 100 100
Amount of Allotted, Called Up Share Capital 100 100
9. Control of Subsidiary Undertakings
The company is the parent undertaking of the following subsidiary undertakings, all of which are wholly owned and incorporated in the United Kingdom:
Poole Homes Mostyn Ltd (Company number: 14375999)
The company exercises control over the above subsidiaries through its ownership of 100% of the issued share capital of the entity.
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