POLONEZ FOODS LTD - Filleted accounts

Registered number

09390837

POLONEZ FOODS LTD

Filleted Accounts

31 January 2025

POLONEZ FOODS LTD
Registered number:		09390837
Balance Sheet
as at 31 January 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		69,185			67,250

Current assets
Stocks		19,750			15,500
Debtors	4	153,987			300,269
Cash at bank and in hand		208,084			87,584
		381,821			403,353

Creditors: amounts falling due within one year	5	(22,735)			(46,043)

Net current assets			359,086			357,310

Total assets less current liabilities			428,271			424,560

Creditors: amounts falling due after more than one year	6		(26,833)			(80,105)



Net assets			401,438			344,455

Capital and reserves
Called up share capital			100			100
Profit and loss account			401,338			344,355

Shareholders' funds			401,438			344,455

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




DANA HAMA MARAD
Director
Approved by the board on 7 September 2025

POLONEZ FOODS LTD
Notes to the Accounts
for the year ended 31 January 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery			over 10 years
	Fixtures, fittings, tools and equipment			over 10 years

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					7		6


3	Tangible fixed assets
								Plant and machinery etc
£
	Cost
	At 1 February 2024							88,332
	Additions							11,965
	At 31 January 2025							100,297

	Depreciation
	At 1 February 2024							21,082
	Charge for the year							10,030
	At 31 January 2025							31,112

	Net book value
	At 31 January 2025							69,185
	At 31 January 2024							67,250

4	Debtors					2025		2024
£							£

	Trade debtors					2,613		8,984
	Amounts owed by group undertakings and undertakings in which the company has a participating interest					151,374		291,285
						153,987		300,269

5	Creditors: amounts falling due within one year					2025		2024
£							£

	Trade creditors					1,969		18,656
	Taxation and social security costs					21,408		21,021
	Other creditors					(642)		6,366
						22,735		46,043

6	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					26,833		36,855
	Directors Loans					-		43,250
						26,833		80,105

7	Loans					2025		2024
£							£
	Creditors include:

	Bounce Back Loan					(26,833)		(36,855)








8	Loans from director
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£

	DANA HAMA MARAD	35,750				7,500		43,250

		35,750		-		7,500		43,250


9	Related party transactions

	The Director has loaned monies from Polonez Foods Ltd to 2 companies which he fully owns, namely Oxford Road Supermarket Ltd and Karpaty Foods td


10	Controlling party

	The Company is fully controlled by the Director who holds the fully issued share capital.

11	Other information

	POLONEZ FOODS LTD is a private company limited by shares and incorporated in England. Its registered office is:
	9 MIDDLETON PARK CIRCUS
	MIDDLETON
	LEEDS
	LS10 4LU