Poethurst Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 01666942 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

POETHURST LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P Orpwood

Dr K T Orpwood

SECRETARY:

Mrs C Orpwood

REGISTERED OFFICE:

Carlton House 28/29 Carlton Terrace

Portslade

Brighton

East Sussex

BN41 1UR

REGISTERED NUMBER:

01666942 (England and Wales)

ACCOUNTANTS:

MDJ Services Limited

Haines & Co Accountants

Carlton House

28-29 Carlton Terrace

Portslade

Brighton

BN41 1UR

FIXED ASSETS

Intangible assets

5

-

Tangible assets

6

109,405

75,539

Investment property

7

37,000

146,405

112,539

CURRENT ASSETS

Debtors

8

9,265

-

Cash at bank

10,944

44,646

20,209

44,646

CREDITORS

Amounts falling due within one year

9

42,799

14,733

NET CURRENT (LIABILITIES)/ASSETS

(22,590

)

29,913

TOTAL ASSETS LESS CURRENT
LIABILITIES

123,815

142,452

PROVISIONS FOR LIABILITIES

12,234

1,353

NET ASSETS

111,581

141,099

CAPITAL AND RESERVES

Called up share capital

10

40

Retained earnings

111,541

141,059

SHAREHOLDERS' FUNDS

111,581

141,099

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 20 May 2026 and were signed on its behalf by:

P Orpwood - Director

1.	STATUTORY INFORMATION

Poethurst Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The Financial statements have been prepared under the historical cost convention.

Turnover

Turnover is the value of services provided and rents received net of value added tax.

Goodwill

Goodwill, which was acquired in 1998 has been fully written off.

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.

Long leasehold

-

2% on cost

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

In accordance with FRS 102 1A "small entities", no depreciation is provided in respect of Investment property.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

5.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2025

and 31 December 2025

37,249

AMORTISATION

At 1 January 2025

and 31 December 2025

37,249

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

-

6.	TANGIBLE FIXED ASSETS

Freehold

Long

Plant and

property

leasehold

machinery

£

COST

At 1 January 2025

-

73,400

24,813

Additions

38,000

-

At 31 December 2025

38,000

73,400

24,813

DEPRECIATION

At 1 January 2025

-

11,832

13,147

Charge for year

-

1,468

2,916

At 31 December 2025

-

13,300

16,063

NET BOOK VALUE

At 31 December 2025

38,000

60,100

8,750

At 31 December 2024

-

61,568

11,666

Fixtures

and

Computer

fittings

equipment

Totals

£

COST

At 1 January 2025

23,308

-

121,521

Additions

273

929

39,202

At 31 December 2025

23,581

929

160,723

DEPRECIATION

At 1 January 2025

21,003

-

45,982

Charge for year

645

307

5,336

At 31 December 2025

21,648

307

51,318

NET BOOK VALUE

At 31 December 2025

1,933

622

109,405

At 31 December 2024

2,305

-

75,539

7.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2025

and 31 December 2025

37,000

NET BOOK VALUE

At 31 December 2025

37,000

At 31 December 2024

37,000

8.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Trade debtors

5,000

-

Tax

4,265

-

9,265

-

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Tax

(61

)

11,607

Other creditors

-

500

Directors' current accounts

41,422

1,907

Accrued expenses

1,438

719

42,799

14,733

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

40

Ordinary

1

40