REGISTERED NUMBER: 05239780 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Poole Beresford Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs P Beaumont

J Beaumont

O Beaumont

SECRETARY:

REGISTERED OFFICE:

1 Norton Street

Elland

West Yorkshire

HX5 0LU

REGISTERED NUMBER:

05239780 (England and Wales)

ACCOUNTANTS:

Horley Green Chartered Accountants

Horley Green House

Horley Green Road

Claremount

Halifax

West Yorkshire

HX3 6AS

FIXED ASSETS

Intangible assets

4

-

1,625

Tangible assets

5

729,515

549,949

729,515

551,574

CURRENT ASSETS

Stocks

757

757

Debtors

6

-

4,640

Cash at bank

25,589

115,956

26,346

121,353

CREDITORS

Amounts falling due within one year

7

252,586

243,938

NET CURRENT LIABILITIES

(226,240

)

(122,585

)

TOTAL ASSETS LESS CURRENT LIABILITIES

503,275

428,989

CREDITORS

Amounts falling due after more than one year

8

(35,505

)

(51,885

)

PROVISIONS FOR LIABILITIES

(44,891

)

(27,729

)

NET ASSETS

422,879

349,375

CAPITAL AND RESERVES

Called up share capital

118

118

Retained earnings

422,761

349,257

422,879

349,375

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 December 2025 and were signed on its behalf by:

Mrs P Beaumont - Director

1.	STATUTORY INFORMATION

Poole Beresford Ltd 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 represents the net amount receivable for goods supplied and services provided, excluding value added tax, except in respect of service contracts where turnover is recognised when the company obtains the right to consideration.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

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 Income Statement, 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 26 (2024 - 42 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

65,000

AMORTISATION

At 1 April 2024

63,375

Charge for year

1,625

At 31 March 2025

65,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

1,625

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

Motor

Computer

property

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

676,751

164,174

74,717

11,293

926,935

Additions

81,160

139,322

6,000

-

226,482

At 31 March 2025

757,911

303,496

80,717

11,293

1,153,417

DEPRECIATION

At 1 April 2024

237,718

102,777

25,198

11,293

376,986

Charge for year

16,418

16,618

13,880

-

46,916

At 31 March 2025

254,136

119,395

39,078

11,293

423,902

NET BOOK VALUE

At 31 March 2025

503,775

184,101

41,639

-

729,515

At 31 March 2024

439,033

61,397

49,519

-

549,949

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

-

4,640

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

10,000

39,494

Hire purchase contracts

5,587

3,865

Trade creditors

1

-

Tax

27,224

15,061

Social security and other taxes

4,431

5,319

Other creditors

-

26,680

Directors' loan accounts

202,571

150,747

Accruals and deferred income

2,772

2,772

252,586

243,938

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans - 1-2 years

1,667

10,738

Hire purchase contracts

33,838

41,147

35,505

51,885

9.	RELATED PARTY DISCLOSURES

The company is controlled by the company director.