Poundhouse Limited iXBRL

Company Registration Number: 01866532

Poundhouse Limited

Unaudited Financial Statements

for the financial year ended 31 December 2025

Poundhouse Limited

Company Registration Number: 01866532

STATEMENT OF FINANCIAL POSITION

as at 31 December 2025

		2025	2024
	Notes	£	£

Non-Current Assets

Property, plant and equipment

1,356,915

847,959

─────────

Current Assets

Stocks

24,939

635,993

Debtors

34,587

42,587

Cash and cash equivalents

489,058

119,364

─────────

548,584

797,944

─────────

Creditors: amounts falling due within one year

(1,140,921)

(774,341)

─────────

Net Current (Liabilities)/Assets

(592,337)

23,603

─────────

Total Assets less Current Liabilities

764,578

871,562

Creditors:

amounts falling due after more than one year

(9,640)

─────────

Net Assets

764,578

861,922

═════════

Capital and Reserves

Called up share capital

100

100

Retained earnings

764,478

861,822

─────────

Equity attributable to owners of the company

764,578

861,922

═════════

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A (Small Entities).

The company has taken advantage of the exemption under section 444 not to file the Income Statement and Directors' Report.

For the financial year ended 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.

Approved by the Board and authorised for issue on 22 April 2026 and signed on its behalf by



________________________________
Mr Michael John Lewis
Director

Poundhouse Limited

NOTES TO THE FINANCIAL STATEMENTS

for the financial year ended 31 December 2025

General Information

Poundhouse Limited is a company limited by shares incorporated and registered in the United Kingdom. The registered number of the company is 01866532. The registered office of the company is 5 West Court, Enterprise Road, Maidstone, Kent, ME15 6JD. Other construction installation. The financial statements have been presented in Pound (£) which is also the functional currency of the company.

Summary of Significant Accounting Policies

The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.

Statement of compliance

The financial statements of the company for the financial year ended 31 December 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in Sterling, which is the functional currency of the entity, and to the nearest ?1.

Turnover

Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.

Property, plant and equipment and depreciation

Property, plant and equipment are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of property, plant and equipment, less their estimated residual value, over their expected useful lives as follows:

Land and buildings freehold

N/A

Plant and machinery

15% Straight line

Motor vehicles

15% Straight line

Office equipment

15% Straight line

The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.

Investment properties

Investment property is property held either to earn rental income, or for capital appreciation (including future re-development) or for both, but not for sale in the ordinary course of business. Investment property is initially measured at cost, which includes the purchase cost and any directly attributable expenditure. Investment property is subsequently valued at its fair value at each reporting date, by professional external valuers. The difference between the fair value of an investment property at the reporting date and its carrying value prior to the valuation is recognised in the Income Statement as a fair value gain or loss. Any gain or loss on disposal of an investment property (calculated as the difference between the net proceeds from disposal and the carrying amount of the item) is recognised in the Income Statement.

Stocks

Stocks are valued at the lower of cost and net realisable value. Stocks are determined on a first-in first-out basis. Cost comprises expenditure incurred in the normal course of business in bringing stocks to their present location and condition. Full provision is made for obsolete and slow moving items. Net realisable value comprises actual or estimated selling price (net of trade discounts) less all further costs to completion or to be incurred in marketing and selling.

Employee benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the profit or loss in the period to which they relate.

Taxation and deferred taxation

Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Statement of Financial Position date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements. Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Statement of Financial Position date.

Employees

The average monthly number of employees, including directors, during the financial year was 3, (2024 - 3).


4.	Property, plant and equipment
		Land and	Investment	Plant and	Motor	Office	Total
		buildings	properties	machinery	vehicles	equipment
		freehold
		£	£	£	£	£	£
	Cost
	At 1 January 2025	789,332	-	29,900	97,167	3,306	919,705
	Additions	-	529,626	-	-	-	529,626
	Disposals	-	-	-	(13,920)	-	(13,920)
	Transfers	(789,332)	789,332	-	-	-	-
		─────────	─────────	─────────	─────────	─────────	─────────
	At 31 December 2025	-	1,318,958	29,900	83,247	3,306	1,435,411
		─────────	─────────	─────────	─────────	─────────	─────────
	Depreciation
	At 1 January 2025	-	-	21,570	47,477	2,699	71,746
	Charge for the financial year	-	-	1,785	9,977	168	11,930
	On disposals	-	-	-	(5,180)	-	(5,180)
		─────────	─────────	─────────	─────────	─────────	─────────
	At 31 December 2025	-	-	23,355	52,274	2,867	78,496
		─────────	─────────	─────────	─────────	─────────	─────────
	Net book value
	At 31 December 2025	-	1,318,958	6,545	30,973	439	1,356,915
		═════════	═════════	═════════	═════════	═════════	═════════
	At 31 December 2024	789,332	-	8,330	49,690	607	847,959
		═════════	═════════	═════════	═════════	═════════	═════════


5.	Stocks	2025	2024
		£	£

	Work in progress	24,939	7,400
	Finished goods and goods for resale	-	628,593
		─────────	─────────
		24,939	635,993
		═════════	═════════

	The replacement cost of stock did not differ significantly from the figures shown.


6.	Debtors	2025	2024
		£	£

	Trade debtors	9,640	10,415
	Other debtors	1,400	-
	Prepayments and accrued income	23,547	32,172
		─────────	─────────
		34,587	42,587
		═════════	═════════


7.	Creditors	2025	2024
	Amounts falling due within one year	£	£

	Bank loan	9,640	10,268
	Trade creditors	25,049	28,279
	Taxation	3,800	22,986
	Directors' current accounts	1,078,161	688,439
	Other creditors	18,288	20,019
	Accruals	5,983	4,350
		─────────	─────────
		1,140,921	774,341
		═════════	═════════


8.	Creditors	2025	2024
	Amounts falling due after more than one year	£	£

	Bank loan	-	9,640
		═════════	═════════

	Loans
	Repayable in one year or less, or on demand (Note 7)	9,640	10,268
	Repayable between one and two years	-	9,640
		─────────	─────────
		9,640	19,908
		═════════	═════════

Directors' advances, credits and guarantees

During the year, the company incurred a rent charge of £Nil (2024: £7,250) from M J Lewis, the company director, who owns the business premises. The company's occupation was under an informal tenancy.

Included within other creditors is £1,078,161 (2024: £688,439) owed to the director in respect of their directors' loan account. This loan is interest free, unsecured and repayable on demand.