0 false false false false false false false false false false true false false false false false false No description of principal activity 2024-03-01 Sage Accounts Production Advanced 2024 - FRS102_2024 78,500 78,500 78,500 655,000 655,000 655,000 xbrli:pure xbrli:shares iso4217:GBP 13216863 2024-03-01 2025-06-30 13216863 2025-06-30 13216863 2024-02-29 13216863 2023-03-01 2024-02-29 13216863 2024-02-29 13216863 2023-02-28 13216863 bus:Director1 2024-03-01 2025-06-30 13216863 core:AfterOneYear 2025-06-30 13216863 core:AfterOneYear 2024-02-29 13216863 core:RetainedEarningsAccumulatedLosses 2025-06-30 13216863 core:RetainedEarningsAccumulatedLosses 2024-02-29 13216863 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2025-06-30 13216863 core:CostValuation core:Non-currentFinancialInstruments 2025-06-30 13216863 core:Non-currentFinancialInstruments 2025-06-30 13216863 core:PlantMachinery 2025-06-30 13216863 core:PlantMachinery 2024-02-29 13216863 bus:SmallEntities 2024-03-01 2025-06-30 13216863 bus:AuditExempt-NoAccountantsReport 2024-03-01 2025-06-30 13216863 bus:SmallCompaniesRegimeForAccounts 2024-03-01 2025-06-30 13216863 bus:PrivateLimitedCompanyLtd 2024-03-01 2025-06-30 13216863 bus:FullAccounts 2024-03-01 2025-06-30
COMPANY REGISTRATION NUMBER: 13216863

International Polo Limited

Filleted Unaudited Financial Statements

30 June 2025

International Polo Limited

Statement of Financial Position

30 June 2025

| 30 Jun 25 | 29 Feb 24
Note | £ | £ | £

Fixed assets

Tangible assets | 5 |  | 78,500 | 78,500
Investments | 6 |  | 655,000 | –
|  | --------- | --------
|  | 733,500 | 78,500

Current assets

Debtors | 7 | 38,938 |  | 38,938
Cash at bank and in hand | 163,107 |  | 161,356
| --------- |  | ---------
| 202,045 |  | 200,294
| --------- |  | ---------
Net current assets |  | 202,045 | 200,294
|  | --------- | ---------
Total assets less current liabilities |  | 935,545 | 278,794

Creditors: amounts falling due after more than one year | 8 |  | 932,609 | 277,808
|  | --------- | ---------
Net assets |  | 2,936 | 986
|  | --------- | ---------

Capital and reserves

Profit and loss account |  | 2,936 | 986
|  | ------- | ----
Shareholders funds |  | 2,936 | 986
|  | ------- | ----

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.
For the period ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

International Polo Limited

Statement of Financial Position (continued)

30 June 2025
These financial statements were approved by the board of directors and authorised for issue on 7 November 2025 , and are signed on behalf of the board by:

Mr Froggatt |
Director |

Company registration number: 13216863

International Polo Limited

Notes to the Financial Statements

Period from 1 March 2024 to 30 June 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 57D Heming Road, Washford, Redditch, B98 0DH.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
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. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Investments in associates
Investments in associates accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses. Investments in associates accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income/profit or loss. Where it is impracticable to measure fair value reliably the cost model will be adopted. Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the associate arising before or after the date of acquisition.
Investments in joint ventures
Investments in jointly controlled entities accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses. Investments in jointly controlled entities accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income/profit or loss. Where it is impracticable to measure fair value reliably the cost model will be adopted. Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the joint venture arising before or after the date of acquisition.
Impairment of fixed assets
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. For the purposes of impairment testing, 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 largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
4. Employee numbers
The average number of persons employed by the company during the period amounted to Nil (2024: 4 ).
5. Tangible assets

| Plant and machinery | Total
| £ | £
Cost |  |
At 1 March 2024 and 30 June 2025 | 78,500 | 78,500
| -------- | --------
Depreciation |  |
At 1 March 2024 and 30 June 2025 | – | –
| -------- | --------
Carrying amount |  |
At 30 June 2025 | 78,500 | 78,500
| -------- | --------
At 29 February 2024 | 78,500 | 78,500
| -------- | --------

6. Investments

| Loans to participating interests
| £
Cost |
At 1 March 2024 | –
Additions | 655,000
| ---------
At 30 June 2025 | 655,000
| ---------
Impairment |
At 1 March 2024 and 30 June 2025 | –
| ---------

Carrying amount |
At 30 June 2025 | 655,000
| ---------
At 29 February 2024 | –
| ---------

7. Debtors

| 30 Jun 25 | 29 Feb 24
| £ | £
Trade debtors | 38,938 | 38,938
| -------- | --------

8. Creditors: amounts falling due after more than one year

| 30 Jun 25 | 29 Feb 24
| £ | £
Other creditors | 932,609 | 277,808
| --------- | ---------