Poseidon Ventures Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 14911075 (England and Wales)

Unaudited Financial Statements

for the Period 1 May 2025 to 31 March 2026

for

POSEIDON VENTURES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

T H Gunter

L R Harvey

L R Sargent

SECRETARY:

L R Sargent

REGISTERED OFFICE:

Shaftesbury Court

95 Ditchling Road

Brighton

BN1 4ST

REGISTERED NUMBER:

14911075 (England and Wales)

ACCOUNTANTS:

Plus Accounting

Chartered Accountants

Preston Park House

South Road

Brighton

East Sussex

BN1 6SB

FIXED ASSETS

Investments

4

2,002

CURRENT ASSETS

Cash at bank

503,009

-

CREDITORS

Amounts falling due within one year

5

(2,307

)

(7,000

)

NET CURRENT ASSETS/(LIABILITIES)

500,702

(7,000

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

502,704

(4,998

)

CAPITAL AND RESERVES

Called up share capital

6

2,002

Retained earnings

500,702

(7,000

)

SHAREHOLDERS' FUNDS

502,704

(4,998

)

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

The members have not required the company to obtain an audit of its financial statements for the period 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 8 September 2026 and were signed on its behalf by:

L R Sargent - Director

1.	STATUTORY INFORMATION

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

Monetary amounts in these financial statements are rounded to the nearest pound.

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.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Other income

Other income comprises dividends received from the company’s subsidiary. Dividends are recognised in the profit and loss account when the company’s right to receive payment is established. No other material items of income are included within this category.

Investment in subsidiaries

Investments in subsidiary undertakings are recognised at cost less impairment.

Impairment policy

At each reporting date, the company reviews its assets for indications of impairment. Impairment reviews are performed by comparing the recoverable amount of each asset—measured as the higher of net realisable value and value in use—with its carrying amount. Where the carrying amount exceeds the recoverable amount, an impairment loss is recognised in the profit and loss account.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 (2025 - 3 ) .

4.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 May 2025

and 31 March 2026

2,002

NET BOOK VALUE

At 31 March 2026

2,002

At 30 April 2025

2,002

The fixed asset investments represent the investment in the trading subsidiary, Trident Computers (U.K.) Limited.

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Taxation and social security

1,807

-

Other creditors

500

7,000

2,307

7,000

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

2,000

Ordinary

£1

2,000

2

A Ordinary

£1

2

2,002

Ordinary shares: These carry voting rights of one vote per ordinary shares, entitlement to dividends and capital distributions on winding-up.

'A' Ordinary shares: These carry voting rights of five votes per share and rank pari passu with the ordinary shares in respect of dividends. However, they do not carry any entitlement to participate in a distribution on a winding-up of the company.

7.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party of the company is Lee Harvey.