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Registered number: 11253969






Pound Bargains + Ltd


FILLETED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31/03/2025
























Prepared By:
Gibsons Accountants Ltd
Chartered Accountants
226 Oldham Road
Rochdale
Lancashire
OL112ER


ACCOUNTS
FOR THE YEAR ENDED 31/03/2025





DIRECTORS
Mohamad Ali


REGISTERED OFFICE
76-78 Market Place
Heckmondwike
WF16 0HS


COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 11253969



ACCOUNTANTS
Gibsons Accountants Ltd
Chartered Accountants
226 Oldham Road
Rochdale
Lancashire
OL112ER


ACCOUNTS
FOR THEYEARENDED31/03/2025



CONTENTS



		Page

Directors' Report		-

Accountants' Report		-

Statement Of Comprehensive Income		-

Balance Sheet		3

Notes To The Accounts		4


The following do not form part of the statutory financial statements:

Trading And Profit And Loss Account		-

Profit And Loss Account Summaries		-


BALANCE SHEET AT 31/03/2025

			2025		2024
	Notes		£		£

FIXED ASSETS
Tangible assets	3		365		487

CURRENT ASSETS
Stock		50,250		53,500
Debtors	5	4,743		5,041
Cash at bank and in hand		2,210		1,650
		57,203		60,191
CREDITORS: Amounts falling due within one year	6	37,400		29,745
NET CURRENT ASSETS			19,803		30,446
TOTAL ASSETS LESS CURRENT LIABILITIES			20,168		30,933


CREDITORS: Amounts falling due after more than one year	7		411		9,813


PROVISIONS FOR LIABILITIES AND CHARGES	8		-		93

NET ASSETS			19,757		21,027

CAPITAL AND RESERVES

Called up share capital	9		10		10
Profit and loss account			19,747		21,017
SHAREHOLDERS' FUNDS			19,757		21,027

For the year ending 31/03/2025 the company was entitled to exemption 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 directors acknowledge their 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 10/12/2025 and signed on their behalf by



.............................
Mohamad Ali
Director




1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Equipment		25%




1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .




1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.




1d. Taxation
Taxation represents the sum of tax currently payable and deferred tax. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.




1e. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.




1f. Revenue Recognition
Revenue is measured at the fair value of the consideration received or receivable. Revenue is reduced for estimated customer returns, rebates and other similar allowances. Revenue from the sale of goods is recognised when goods are delivered and legal title has passed.




3. TANGIBLE FIXED ASSETS


	Equipment	Total
	£	£
Cost
At 01/04/2024	2,320	2,320
At 31/03/2025	2,320	2,320
Depreciation
At 01/04/2024	1,833	1,833
For the year	122	122
At 31/03/2025	1,955	1,955
Net Book Amounts
At 31/03/2025	365	365
At 31/03/2024	487	487




4. STOCK	2025	2024
	£	£
Stock comprises:

Stock	50,250	53,500
	50,250	53,500




5. DEBTORS	2025	2024
	£	£
Amounts falling due within one year
Prepayments	4,743	5,041
	4,743	5,041




6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2025	2024
	£	£
UK corporation tax	-	2,611
VAT	362	649
PAYE control	472	295
Salaries and wages control	4,650	2,137
Directors current account	10,199	12,199
Bank Loan	10,558	10,558
Other loans	10,000	-
Accruals	1,159	1,296
	37,400	29,745




7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
	2025	2024
	£	£
Bank loans (unsecured) >1 year	411	9,813
	411	9,813




2. EMPLOYEES

	2025	2024
	No.	No.
Average number of employees	3	3




9. SHARE CAPITAL	2025	2024
	£	£
Allotted, issued and fully paid:
10 Ordinary shares of £1 each	10	10
	10	10




10. CONTROLLING PARTY
The company is controlled by the director by virtue of his 100% shareholding.




8. PROVISIONS FOR LIABILITIES	2025	2024
	£	£
Deferred taxation	-	93
	-	93