REGISTERED NUMBER: 04815117 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 May 2025

for

Poly Advisory Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr A I King

Mrs A R Merrill

SECRETARY:

Mrs A R Merrill

REGISTERED OFFICE:

Hollygate Industrial Park

Hollygate Lane

Cotgrave

Nottinghamshire

NG12 3JW

REGISTERED NUMBER:

04815117 (England and Wales)

ACCOUNTANTS:

D. K. Rumsby & Co Limited

3 Colwick Quays

Colwick

Nottingham

Nottinghamshire

NG4 2JY

FIXED ASSETS

Tangible assets

4

322,550

238,657

Investment property

5

399,529

399,529

722,079

638,186

CURRENT ASSETS

Stocks

42,414

47,611

Debtors

6

453,281

587,116

Cash at bank and in hand

158,807

57,922

654,502

692,649

CREDITORS

Amounts falling due within one year

7

(368,559

)

(532,826

)

NET CURRENT ASSETS

285,943

159,823

TOTAL ASSETS LESS CURRENT LIABILITIES

1,008,022

798,009

CREDITORS

Amounts falling due after more than one year

8

(250,879

)

(296,573

)

PROVISIONS FOR LIABILITIES

(61,442

)

(39,244

)

NET ASSETS

695,701

462,192

CAPITAL AND RESERVES

Called up share capital

11

200

200

Retained earnings

695,501

461,992

SHAREHOLDERS' FUNDS

695,701

462,192

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 October 2025 and were signed on its behalf by:

Mr A I King - Director

1.	STATUTORY INFORMATION

Poly Advisory 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.

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 9 (2024 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 June 2024

428,564

Additions

126,571

At 31 May 2025

555,135

DEPRECIATION

At 1 June 2024

189,907

Charge for year

42,678

At 31 May 2025

232,585

NET BOOK VALUE

At 31 May 2025

322,550

At 31 May 2024

238,657

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 June 2024

and 31 May 2025

399,529

NET BOOK VALUE

At 31 May 2025

399,529

At 31 May 2024

399,529

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Trade debtors

308,810

431,443

Other debtors

144,471

155,673

453,281

587,116

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Bank loans and overdrafts

-

104,795

Hire purchase contracts (see note 9)

36,861

31,343

Trade creditors

95,324

154,486

Amounts owed to group undertakings

29,043

-

Amounts owed to associates

50,158

50,158

Taxation and social security

136,016

125,542

Other creditors

21,157

66,502

368,559

532,826

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.5.25

31.5.24

£

£

Hire purchase contracts (see note 9)

120,820

126,673

Other creditors

130,059

169,900

250,879

296,573

9.	LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

31.5.25

31.5.24

£

£

Net obligations repayable:

Within one year

36,861

31,343

Between one and five years

120,820

126,673

157,681

158,016

10.	SECURED DEBTS

The following secured debts are included within creditors:

31.5.25

31.5.24

£

£

Hire purchase contracts

157,681

158,016

The company's bank borrowings are secured by a fixed and floating charge over the company's assets, in favour of the company's bankers.

The amounts payable under hire purchase contracts are secured on the assets to which they concern.

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.25

31.5.24

value:

£

£

120

Ordinary A

£1

120

120

80

Ordinary B

£1

80

80

200

200

12.	ULTIMATE HOLDING COMPANY

The ultimate holding company is Thurcroft Holdings Limited.