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Company Registration No. 09956496 (England and Wales)
POLARIS FIRE AND ELECTRICAL LIMITED Unaudited accounts for the year ended 31 January 2025
POLARIS FIRE AND ELECTRICAL LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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POLARIS FIRE AND ELECTRICAL LIMITED Company Information for the year ended 31 January 2025
Director
Vasile Nicodim
Company Number
09956496 (England and Wales)
Registered Office
40 SHIRLEY GARDENS BARKING IG11 9UZ ENGLAND
Accountants
Accountingpreneur Limited Second Floor 26 Goodge Street Fitzrovia London W1T 2QG
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POLARIS FIRE AND ELECTRICAL LIMITED Statement of financial position as at 31 January 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
4,553
7,368
Current assets
Debtors
5
36,516
14,443
Cash at bank and in hand
37,344
46,536
73,860
60,979
Creditors: amounts falling due within one year
6
(40,750)
(43,796)
Net current assets
33,110
17,183
Net assets
37,663
24,551
Capital and reserves
Called up share capital
100
100
Profit and loss account
37,563
24,451
Shareholders' funds
37,663
24,551
For the year ending 31 January 2025 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 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 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.
The financial statements were approved by the Board and authorised for issue on 19 August 2025 and were signed on its behalf by
Vasile Nicodim Director Company Registration No. 09956496
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POLARIS FIRE AND ELECTRICAL LIMITED Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
POLARIS FIRE AND ELECTRICAL LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09956496. The registered office is 40 SHIRLEY GARDENS, BARKING, IG11 9UZ, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% straight line
Motor vehicles
20% straight line
Fixtures & fittings
20% straight line
Computer equipment
33% straight line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
£
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At cost
At 1 February 2024
1,177
27,361
331
2,980
31,849
Additions
-
-
-
593
593
At 31 January 2025
1,177
27,361
331
3,573
32,442
Depreciation
At 1 February 2024
1,177
20,740
331
2,233
24,481
Charge for the year
-
3,023
-
385
3,408
At 31 January 2025
1,177
23,763
331
2,618
27,889
Net book value
At 31 January 2025
-
3,598
-
955
4,553
At 31 January 2024
-
6,621
-
747
7,368
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POLARIS FIRE AND ELECTRICAL LIMITED Notes to the Accounts for the year ended 31 January 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
33,742
12,866
Accrued income and prepayments
2,774
1,577
36,516
14,443
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
8,507
6,161
Trade creditors
910
16,425
Taxes and social security
7,650
8,796
Other creditors
2,160
2,161
Loans from directors
21,523
10,253
40,750
43,796
7
Average number of employees
During the year the average number of employees was 3 (2024: 2).
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