Registration number: 09014676

Polaris3 Limited

trading as TLC Accountants

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 8

Polaris3 Limited

trading as TLC Accountants

(Registration number: 09014676)
Balance Sheet as at 31 October 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	5	66,548	2,537
Current assets
Stocks	6	8,675	7,145
Debtors	7	335,623	273,877
Cash at bank and in hand		617,544	446,848
		961,842	727,870
Creditors: Amounts falling due within one year	8	(347,019)	(268,423)
Net current assets		614,823	459,447
Total assets less current liabilities		681,371	461,984
Creditors: Amounts falling due after more than one year	8	(26,583)	-
Provisions for liabilities		(16,637)	(634)
Net assets		638,151	461,350
Capital and reserves
Called up share capital		20	20
Capital redemption reserve		5	5
Retained earnings		638,126	461,325
Shareholders' funds		638,151	461,350

For the financial year ending 31 October 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 accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the Board on 19 July 2026 and signed on its behalf by:
 

Polaris3 Limited

trading as TLC Accountants

(Registration number: 09014676)
Balance Sheet as at 31 October 2025

Mrs C A Mattison Director

Mr J R Lister Director

Polaris3 Limited

trading as TLC Accountants

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

1	General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
Parkhill Studio
Walton Road
Wetherby
West Yorkshire
LS22 5DZ
England

These financial statements were authorised for issue by the Board on 19 July 2026.

2	Accounting policies

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the Company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts and after eliminating sales within the company.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Polaris3 Limited

trading as TLC Accountants

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Computer equipment	33% straight line
Furniture and fittings	33% straight line
Plant and machinery	33% straight line
Motor Vehicles	20% straight line

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Polaris3 Limited

trading as TLC Accountants

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 5 (2024 - 5).

Polaris3 Limited

trading as TLC Accountants

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

4	Profit before tax

Arrived at after charging/(crediting)

	2025 £	2024 £
Depreciation expense	16,270	1,268

Polaris3 Limited

trading as TLC Accountants

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

5	Tangible assets

	Furniture, fittings and equipment  £	Motor vehicles  £	Total £
Cost or valuation
At 1 November 2024	35,862	-	35,862
Additions	14,707	65,574	80,281
At 31 October 2025	50,569	65,574	116,143
Depreciation
At 1 November 2024	33,325	-	33,325
Charge for the year	6,434	9,836	16,270
At 31 October 2025	39,759	9,836	49,595
Carrying amount
At 31 October 2025	10,810	55,738	66,548
At 31 October 2024	2,537	-	2,537

6

Stocks

	2025 £	2024 £
Work in progress	8,675	7,145

7

Debtors

Current	2025 £	2024 £
Trade debtors	115,104	85,668
Prepayments	1,092	-
Other debtors	219,427	188,209
	335,623	273,877

Polaris3 Limited

trading as TLC Accountants

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

8

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings		187,271	106,298
Trade creditors		1,467	996
Taxation and social security		123,884	112,400
Accruals and deferred income		32,000	48,000
Other creditors		2,397	729
		347,019	268,423

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings		26,583	-