Statutory Information
Polyhedron Investment Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number 13208993, registration address Flat 1 4 Loveridge Road, London, NW6 2DT, England.
The presentation currency is £ sterling.
| 1. |
Accounting Policies
Basis of accounting
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Financial Reporting Standard for Smaller Entities (effective January 2016).
Taxation
Current tax, including UK corporation tax and foreign tax, is provided at amounts expected to be paid (or recovered) using the tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date.
Dividends
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.
Proposed dividends are only included as liabilities in the financial statements when their payment has been approved by the shareholders prior to the balance sheet date.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at historical cost or valuation less depreciation and any provision for impairment. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Fixed asset investments
Fixed asset investments are stated at cost less provision for any permanent diminution in value.
Cash and cash equivalents
Cash and cash equivalents are highly liquid investments and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.
Turnover
Turnover is measured at te fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
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 the financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year and that are expected to apply to the reversal of the timing differences.
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 liabilties or other future taxable profits.
|
| 2. |
Tangible fixed assets
| Cost or Valuation |
|
Computer equipment |
|
Total |
| |
|
£ |
|
£ |
| At 01 March 2025 |
|
1,443 |
|
1,443 |
| At 28 February 2026 |
|
1,443 |
|
1,443 |
| Depreciation |
| At 01 March 2025 |
|
361 |
|
361 |
| Charge for year |
|
361 |
|
361 |
| At 28 February 2026 |
|
722 |
|
722 |
| Net book values |
| Closing balance as at 28 February 2026 |
|
721 |
|
721 |
| Opening balance as at 01 March 2025 |
|
1,082 |
|
1,082 |
|
| 3. |
Financial assets
| Cost or Valuation |
|
Other investments not loans - unlisted |
|
Total |
| |
|
£ |
|
£ |
| At 01 March 2025 |
|
554,125 |
|
554,125 |
| Additions |
|
1,031,222 |
|
1,031,222 |
| Disposals |
|
(1,131,443) |
|
(1,131,443) |
| Revaluations |
|
151,669 |
|
151,669 |
| At 28 February 2026 |
|
605,573 |
|
605,573 |
|
| 4. |
Debtors: amounts falling due within one year
|
2026
£ |
|
2025
£ |
| VAT control account |
3,026 |
|
3,704 |
|
3,026 |
|
3,704 |
|
| 5. |
Creditors: amount falling due within one year
|
2026
£ |
|
2025
£ |
| Directors' current accounts |
537,569 |
|
572,483 |
| Corporation tax |
409 |
|
31,876 |
|
537,978 |
|
604,359 |
|
| 6. |
Provisions for liabilities
|
2026
£ |
|
2025
£ |
| Deferred tax timing difference |
29,533 |
|
0 |
|
29,533 |
|
0 |
|
| 7. |
Average number of employees
Average number of employees during the year was 1 (2025: 1).
|
2
|