REGISTERED NUMBER: 12254060 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 October 2024

for

POSE AR LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

I Dickson

REGISTERED OFFICE:

The Old Barn

Worton

Cassington

Witney

Oxfordshire

OX29 4SX

REGISTERED NUMBER:

12254060 (England and Wales)

ACCOUNTANTS:

Camerons Accountancy Consultants Limited

Chartered Accountants

9 Worton Park

Cassington

Witney

Oxfordshire

OX29 4SX

FIXED ASSETS

Intangible assets

4

24,613

-

Tangible assets

5

3,762

5,871

28,375

5,871

CURRENT ASSETS

Debtors

6

12,464

9,348

Cash at bank

113,175

8,245

125,639

17,593

CREDITORS

Amounts falling due within one year

7

613,057

243,676

NET CURRENT LIABILITIES

(487,418

)

(226,083

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(459,043

)

(220,212

)

CAPITAL AND RESERVES

Called up share capital

8

106,250

100,000

Share premium

2,148,750

1,655,000

Retained earnings

(2,714,043

)

(1,975,212

)

SHAREHOLDERS' FUNDS

(459,043

)

(220,212

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 31 October 2025 and were signed by:

I Dickson - Director

1.	STATUTORY INFORMATION

Pose AR Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 9 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

Additions

24,613

At 31 October 2024

24,613

NET BOOK VALUE

At 31 October 2024

24,613

5.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 November 2023

8,807

Additions

1,239

At 31 October 2024

10,046

DEPRECIATION

At 1 November 2023

2,936

Charge for year

3,348

At 31 October 2024

6,284

NET BOOK VALUE

At 31 October 2024

3,762

At 31 October 2023

5,871

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Other debtors

12,464

9,348

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

-

4,260

Taxation and social security

47,296

27,937

Other creditors

565,761

211,479

613,057

243,676

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

1

Ordinary

£1

106,250

100,000

During the year, the company issued 6,250 ordinary shares of £1.00 each at a premium of £79.00 per share. The total proceeds of £500,000 were allocated as follows:

£6,250 to share capital, and

£493,750 to the share premium account.

All shares issued rank equally with existing ordinary shares in respect of voting rights and dividends.

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

As at 31st October 2024, Pose AR Limited owed its director, Mr I Dickson, £108,800 (£194,668 in 2023). The loan is unsecured, interest free and repayable on demand. The balance is shown within Other Creditors.

10.	RELATED PARTY DISCLOSURES

During the year, a shareholder provided loans totalling £250,000 to the company. The loan is repayable on demand and is secured against a shareholder's personal asset.

The loan carries an interest rate of 1% above the Bank of England's base rate and is rolled up, with no

interest paid in the year. As at 31st October 2024, the total amount outstanding was £258,659 (nil in 2023).

A loan was also provided by a connected company. The loan is unsecured, interest free and repayable on demand. As at 31st October 2024, the total amount outstanding was £189,930 (£12,788 in 2023).