REGISTERED NUMBER: 11032696 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 October 2025

for

Polaris Controls Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Ms M R Scott

REGISTERED OFFICE:

1 Minster Court

Tuscam Way

Camberley

Surrey

GU15 3YY

REGISTERED NUMBER:

11032696 (England and Wales)

ACCOUNTANTS:

Butt Miller

Chartered Accountants

1 Minster Court

Tuscam Way

Camberley

Surrey

GU15 3YY

FIXED ASSETS

Tangible assets

4

579

2,287

CURRENT ASSETS

Stocks

5

6,404

6,404

Debtors

6

233,369

162,676

Cash at bank

113,548

72,880

353,321

241,960

CREDITORS

Amounts falling due within one year

7

(130,599

)

(109,062

)

NET CURRENT ASSETS

222,722

132,898

TOTAL ASSETS LESS CURRENT LIABILITIES

223,301

135,185

CREDITORS

Amounts falling due after more than one year

8

(21,709

)

(28,655

)

PROVISIONS FOR LIABILITIES

(141

)

(571

)

NET ASSETS

201,451

105,959

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

201,351

105,859

201,451

105,959

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 29 July 2026 and were signed by:

Ms M R Scott - Director

1.	STATUTORY INFORMATION

Polaris Controls 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.

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

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.

Revenue on goods is recognised at the point of sale which is usually determined by the date of customer order.

Revenue on services provided under contracts is included to the extent that there is a right to consideration and is recorded at the value of the consideration due. Where a contract has only been partially completed at the statement of financial position date turnover represents the value of the service provided to date based on a proportion of the total expected consideration at completion.

Tangible fixed assets

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

Plant and machinery

-

at varying rates on cost

Fixtures and fittings

-

25% on cost

Computer equipment

-

33.33% on cost

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 November 2024

5,110

1,030

4,332

10,472

Additions

-

401

-

401

Disposals

-

(860

)

(2,590

)

(3,450

)

At 31 October 2025

5,110

571

1,742

7,423

DEPRECIATION

At 1 November 2024

3,774

1,030

3,381

8,185

Charge for year

1,185

4

893

2,082

Eliminated on disposal

-

(860

)

(2,563

)

(3,423

)

At 31 October 2025

4,959

174

1,711

6,844

NET BOOK VALUE

At 31 October 2025

151

397

31

579

At 31 October 2024

1,336

-

951

2,287

5.

STOCKS

2025

2024

£

£

Stocks

6,404

6,404

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

86,521

93,497

Directors' current accounts

146,778

68,956

Prepayments

70

223

233,369

162,676

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loan

6,946

6,946

Trade creditors

81,834

58,572

Tax

29,924

21,975

Social security and other taxes

58

-

VAT

9,307

13,873

Directors' current accounts

-

5,329

Accrued expenses

2,530

2,367

130,599

109,062

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loan - 1-2 years

6,946

6,946

Bank loan - 2-5 years

14,763

21,709

21,709

28,655

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

2025

2024

£

£

J P Laurent-Rathuille

Balance outstanding at start of year

(5,329

)

35,750

Amounts advanced

5,329

921

Amounts repaid

-

(42,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

(5,329

)

Ms M R Scott

Balance outstanding at start of year

68,956

41,466

Amounts advanced

94,578

43,768

Amounts repaid

(16,756

)

(16,278

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

146,778

68,956

Loans from the company in excess of £10,000 are subject to interest at HMRC's approved rate. Loans to the company are interest free. All loans are unsecured and repayable on demand.