REGISTERED NUMBER: 07451327 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

Michael Poole Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R M Poole

Mrs E A Poole

REGISTERED OFFICE:

64-66 Borough Road

Middlesbrough

Cleveland

TS1 2JH

REGISTERED NUMBER:

07451327 (England and Wales)

ACCOUNTANTS:

Anderson Barrowcliff Limited

Chartered Accountants

3 Kingfisher Court

Bowesfield Park

Stockton on Tees

TS18 3EX

FIXED ASSETS

Intangible assets

4

88,853

99,736

Tangible assets

5

35,851

48,680

124,704

148,416

CURRENT ASSETS

Debtors

6

218,962

280,878

Cash at bank

242,183

217,034

461,145

497,912

CREDITORS

Amounts falling due within one year

7

74,000

118,035

NET CURRENT ASSETS

387,145

379,877

TOTAL ASSETS LESS CURRENT LIABILITIES

511,849

528,293

CREDITORS

Amounts falling due after more than one year

8

(27,291

)

(35,146

)

PROVISIONS FOR LIABILITIES

(3,188

)

(1,640

)

NET ASSETS

481,370

491,507

CAPITAL AND RESERVES

Called up share capital

10

20

20

Capital redemption reserve

80

80

Retained earnings

481,270

491,407

SHAREHOLDERS' FUNDS

481,370

491,507

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 24 August 2026 and were signed on its behalf by:

R M Poole - Director

1.	STATUTORY INFORMATION

Michael Poole 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 financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

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. Income is recognised when a contract for the sale of goods or services is recognised as unconditional.

Goodwill

Goodwill arising on business combinations is capitalised, classified as an asset on the balance sheet and amortised on a straight line basis over its useful life. The period chosen for writing off goodwill is 10 years. Provision is made for any impairment.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Motor vehicles - 25% on cost

Computer equipment - 33% on cost

Taxation

Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. 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.

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

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals payable and receivable under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

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

Debtors and creditors receivable/payable

Debtors and creditors with no stated interest rate and receivable or payable are recorded at transaction price. Any losses arising from impairment are recognised in the income statement in other administrative expenses

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2025 - 14 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

568,830

AMORTISATION

At 1 April 2025

469,094

Charge for year

10,883

At 31 March 2026

479,977

NET BOOK VALUE

At 31 March 2026

88,853

At 31 March 2025

99,736

5.	TANGIBLE FIXED ASSETS

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 April 2025

52,053

6,070

58,123

Additions

833

1,390

2,223

Disposals

(8,948

)

-

(8,948

)

At 31 March 2026

43,938

7,460

51,398

DEPRECIATION

At 1 April 2025

6,130

3,313

9,443

Charge for year

5,412

1,440

6,852

Eliminated on disposal

(748

)

-

(748

)

At 31 March 2026

10,794

4,753

15,547

NET BOOK VALUE

At 31 March 2026

33,144

2,707

35,851

At 31 March 2025

45,923

2,757

48,680

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 April 2025

52,053

Disposals

(8,948

)

At 31 March 2026

43,105

DEPRECIATION

At 1 April 2025

6,130

Charge for year

5,394

Eliminated on disposal

(748

)

At 31 March 2026

10,776

NET BOOK VALUE

At 31 March 2026

32,329

At 31 March 2025

45,923

6.

DEBTORS

2026

2025

£

£

Amounts falling due within one year:

Trade debtors

9,963

13,268

Other debtors

90,928

267,610

100,891

280,878

Amounts falling due after more than one year:

Other debtors

118,071

-

Aggregate amounts

218,962

280,878

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

2,499

10,000

Hire purchase contracts

5,354

5,104

Trade creditors

10,152

7,967

Taxation and social security

42,564

73,508

Other creditors

13,431

21,456

74,000

118,035

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

-

2,500

Hire purchase contracts

27,291

32,646

27,291

35,146

9.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Hire purchase contracts

32,645

37,750

The hire purchase liability was secured over the asset to which it related.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

20

Ordinary

1

20

20

11.	OTHER FINANCIAL COMMITMENTS

Minimum lease payments fall due as follows:

Non-cancellable operating leases

2026

2025

£

£

Within one year

18,282

4,040

Between one and five years

31,389

19,999

49,671

24,039