W Polly Construction Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: NI617438

W POLLY CONSTRUCTION LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

30 April 2025

W POLLY CONSTRUCTION LIMITED

FINANCIAL STATEMENTS

YEAR ENDED 30 APRIL 2025

CONTENTS	PAGE

Chartered accountants report to the director on the preparation of the unaudited statutory financial statements	1

Statement of financial position	2

Notes to the financial statements	4

W POLLY CONSTRUCTION LIMITED

CHARTERED ACCOUNTANTS REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF W POLLY CONSTRUCTION LIMITED

YEAR ENDED 30 APRIL 2025

As described on the statement of financial position, the director of the company is responsible for the preparation of the financial statements for the year ended 30 April 2025, which comprise the statement of financial position and the related notes. You consider that the company is exempt from an audit under the Companies Act 2006. In accordance with your instructions we have compiled these financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us.

HENRY MURRAY & COMPANY LTD. Chartered Accountants

23 Church Place, Lurgan, Co. Armagh. N. Ireland BT66 6EY

26 November 2025

W POLLY CONSTRUCTION LIMITED

STATEMENT OF FINANCIAL POSITION

30 April 2025

	2025		2024
Note	£	£	£

FIXED ASSETS

Intangible assets	6	4,000	4,500
Tangible assets	7	25	130
		-------	-------
		4,025	4,630

CURRENT ASSETS

Debtors	8	1,065	10,653
Cash at bank and in hand		70	1,158
		-------	--------
		1,135	11,811

CREDITORS: amounts falling due within one year	9	14,900		15,736
		--------		--------
NET CURRENT LIABILITIES			13,765	3,925
			--------	-------
TOTAL ASSETS LESS CURRENT LIABILITIES			( 9,740)	705
			-------	----
NET (LIABILITIES)/ASSETS			( 9,740)	705
			-------	----

CAPITAL AND RESERVES

Called up share capital	10	1	1
Profit and loss account		( 9,741)	704
		-------	----
SHAREHOLDERS (DEFICIT)/FUNDS		( 9,740)	705
		-------	----

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 year ending 30 April 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 year 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 .

W POLLY CONSTRUCTION LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

30 April 2025

These financial statements were approved by the board of directors and authorised for issue on 26 November 2025 , and are signed on behalf of the board by:

Mr W Polly
Director

Company registration number: NI617438

W POLLY CONSTRUCTION LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 30 APRIL 2025

1. GENERAL INFORMATION

The company is a private company limited by shares, registered in Northern Ireland. The address of the registered office is 134 Hillsborough Old Road, Lisburn, Antrim, BT27 5QE, N Ireland.

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.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Goodwill	-	5% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

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.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Plant & Machinery	-	25% straight line

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

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

4. EMPLOYEE NUMBERS

The average number of persons employed by the company during the year amounted to 1 (2024: 1 ).

5. TAX ON (LOSS)/PROFIT

Major components of tax expense

	2025	2024
	£	£

Current tax:

UK current tax expense	–	2,883
	----	-------
Tax on (loss)/profit	–	2,883
	----	-------

Reconciliation of tax expense

The tax assessed on the (loss)/profit on ordinary activities for the year is the same as (2024: higher than) the standard rate of corporation tax in the UK of 19 % (2024: 19 %).

	2025	2024
	£	£
(Loss)/profit on ordinary activities before taxation	( 10,445)	15,050
	--------	--------
(Loss)/profit on ordinary activities by rate of tax	–	2,860
Effect of capital allowances and depreciation	–	23
	--------	--------
Tax on (loss)/profit	–	2,883
	--------	--------

6. INTANGIBLE ASSETS

	Goodwill
	£
Cost
At 1 May 2024 and 30 April 2025	10,000
	--------
Amortisation
At 1 May 2024	5,500
Charge for the year	500
	--------
At 30 April 2025	6,000
	--------
Carrying amount
At 30 April 2025	4,000
	--------
At 30 April 2024	4,500
	--------

7. TANGIBLE ASSETS

	Plant and machinery	Total
	£	£
Cost
At 1 May 2024 and 30 April 2025	13,075	13,075
	--------	--------
Depreciation
At 1 May 2024	12,945	12,945
Charge for the year	105	105
	--------	--------
At 30 April 2025	13,050	13,050
	--------	--------
Carrying amount
At 30 April 2025	25	25
	--------	--------
At 30 April 2024	130	130
	--------	--------

8. DEBTORS

	2025	2024
	£	£
Other debtors	1,065	10,653
	-------	--------

9. CREDITORS: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	4,352	4,353
Corporation tax	51	2,883
Social security and other taxes	8,064	8,500
Other creditors	2,433	–
	--------	--------
	14,900	15,736
	--------	--------

10. CALLED UP SHARE CAPITAL

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary shares of £ 1 each	1	1	1	1
	----	----	----	----

11. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

There is an amount of £151.71 owing to the director at the year end. Interest has been charged on overdrawn balances during the year at 2.25%.

12. RELATED PARTY TRANSACTIONS

No transactions with related parties were undertaken such as are required to be disclosed under Financial Reporting Standard 8.