POLO BUSINESS MANAGEMENT LIMITED

Number

03037534

Filleted Accounts

31 March 2026

POLO BUSINESS MANAGEMENT LIMITED
Registered number:		03037534
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		5,932			12,471
Investments	4		59,084			54,200
			65,016			66,671

Current assets
Debtors	5	2,851			2,825
Cash at bank and in hand		642,721			537,797
		645,572			540,622

Creditors: amounts falling due within one year	6	(161,153)			(70,811)
Net current assets			484,419			469,811

Total assets less current liabilities			549,435			536,482

Provisions for liabilities			(1,127)			(2,369)

Net assets			548,308			534,113

Capital and reserves
Called up share capital			100			100
Profit and loss account			548,208			534,013

Shareholders' funds			548,308			534,113

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mrs. Helen Margaret Greenwood
Director
Approved by the board on 3 September 2026

POLO BUSINESS MANAGEMENT LIMITED
Notes to the Accounts
for the year ended 31 March 2026

1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
	Computers, offfice equipment, vehicles	over 4 years

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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 reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

2	Employees		2026		2025
£				£

	Average number of persons employed by the company		2		2

3	Tangible fixed assets
		Vehicles	Office equipment		Total
£				£
	Cost
	At 1 April 2025	39,182	43,178		82,360
	At 31 March 2026	39,182	43,178		82,360

	Depreciation
	At 1 April 2025	27,192	42,697		69,889
	Charge for the year	6,250	289		6,539
	At 31 March 2026	33,442	42,986		76,428

	Net book value
	At 31 March 2026	5,740	192		5,932
	At 31 March 2025	11,990	481		12,471

4	Investments
Other
investments				Total
£				£
	Cost
	At 1 April 2025		54,200		54,200
	Additions		4,884		4,884
	At 31 March 2026		59,084		59,084

	Historical cost
	At 1 April 2025		54,200
	At 31 March 2026		59,084

5	Debtors		2026		2025
£				£

	Prepayments		2,851		2,825
			2,851		2,825

6	Creditors: amounts falling due within one year		2026		2025
£				£

	Corporation tax		-		-
	VAT		7,133		5,221
	Accruals		111,019		20,000
	Mr. Simon Max Greenwood and Mrs. Helen Margaret Greenwood		43,001		45,590
			161,153		70,811

7	Ultimate controlling party and related party transactions
	The company was under the control of Mr. Simon Max Greenwood and Mrs. Helen Margaret Greenwood throughout the current and previous period.
	No transactions with related parties were undertaken such as are required to be disclosed under FRS 102 except for those disclosed below.

			2026		2025
£				£
	Equity dividends paid to Mr. Simon Max Greenwood		26,200		19,000
	Equity dividends paid to Mrs. Helen Margaret Greenwood		26,200		19,000
	Balance owing (to) / from Mr. Simon Max Greenwood and Mrs. Helen Margaret Greenwood		(43,001)		(45,590)

	Interest at 3.75% per annum is charged on balances over £10,000 owed to the company by the directors.

8	Other information
	POLO BUSINESS MANAGEMENT LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
	Scales High Lorton
	High Lorton
	Cockermouth
	CA13 9UA