POLEGATE PROPERTY LIMITED Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 13989066

POLEGATE PROPERTY LIMITED

Filleted Unaudited Financial Statements

31 March 2025

POLEGATE PROPERTY LIMITED

Statement of Financial Position

31 March 2025

	2025	2024
Note	£	£

Fixed assets

Tangible assets	4	353,998	353,998

Current assets

Debtors	5	9,000	–
Cash at bank and in hand		2,536	100
		--------	----
		11,536	100

Creditors: amounts falling due within one year	6	345,166	345,428
		---------	---------
Net current liabilities		333,630	345,328
		---------	---------
Total assets less current liabilities		20,368	8,670
		--------	-------

Capital and reserves

Called up share capital	100	100
Profit and loss account	20,268	8,570
	--------	-------
Shareholders funds	20,368	8,670
	--------	-------

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 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

POLEGATE PROPERTY LIMITED

Statement of Financial Position (continued)

31 March 2025

These financial statements were approved by the board of directors and authorised for issue on 8 December 2025 , and are signed on behalf of the board by:

Mr R Vasavan

Director

Company registration number: 13989066

POLEGATE PROPERTY LIMITED

Notes to the Financial Statements

Year ended 31 March 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 28 Thorndon Gardens, Epsom, Surrey, KT19 0QW.

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 and represents amounts receivable for goods supplied and services rendered, stated net of discounts.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

4. Tangible assets

	Freehold property
	£
Cost
At 1 April 2024 and 31 March 2025	353,998
	---------
Depreciation
At 1 April 2024 and 31 March 2025	–
	---------
Carrying amount
At 31 March 2025	353,998
	---------
At 31 March 2024	353,998
	---------

5. Debtors

	2025	2024
	£	£
Other debtors	9,000	–
	-------	----

6. Creditors: amounts falling due within one year

	2025	2024
	£	£
Corporation tax	2,743	2,019
Other creditors	342,423	343,409
	---------	---------
	345,166	345,428
	---------	---------