REGISTERED NUMBER: 12545510 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Polar Coldrooms Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

J R Manley

Mrs D E Manley

REGISTERED OFFICE:

20a Bourne Lane

Brimscombe

Stroud

Gloucestershire

GL5 2RP

REGISTERED NUMBER:

12545510 (England and Wales)

ACCOUNTANTS:

Dolman's Chartered Accountants

The Mews

Hounds Road

Chipping Sodbury

Bristol

BS37 6EE

FIXED ASSETS

Intangible assets

4

4,920

7,380

Tangible assets

5

29,905

28,027

34,825

35,407

CURRENT ASSETS

Debtors

6

24,640

26,760

Cash at bank and in hand

7,518

29,612

32,158

56,372

CREDITORS

Amounts falling due within one year

7

56,381

80,962

NET CURRENT LIABILITIES

(24,223

)

(24,590

)

TOTAL ASSETS LESS CURRENT LIABILITIES

10,602

10,817

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

10,600

10,815

SHAREHOLDERS' FUNDS

10,602

10,817

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 18 December 2025 and were signed on its behalf by:

Mrs D E Manley - Director

1.	STATUTORY INFORMATION

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil 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.

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 2 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

12,300

AMORTISATION

At 1 April 2024

4,920

Charge for year

2,460

At 31 March 2025

7,380

NET BOOK VALUE

At 31 March 2025

4,920

At 31 March 2024

7,380

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

43,582

Additions

12,000

At 31 March 2025

55,582

DEPRECIATION

At 1 April 2024

15,555

Charge for year

10,122

At 31 March 2025

25,677

NET BOOK VALUE

At 31 March 2025

29,905

At 31 March 2024

28,027

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

24,640

26,760

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

37,225

50,942

Tax

751

3,516

Social security and other taxes

1,048

1,048

VAT

3,741

2,683

Other creditors

2,779

1,798

Directors' current accounts

9,787

19,975

Accrued expenses

1,050

1,000

56,381

80,962

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

J R Manley and Mrs D E Manley

Balance outstanding at start of year

19,975

12,365

Amounts advanced

29,312

56,912

Amounts repaid

(35,500

)

(49,302

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

13,787

19,975