Polaris Financial Limited

Unaudited Financial Statements
for the year ended 31 December 2025

Company registration number 12873479

(England and Wales)

Statement of Financial Position

As at 31 December 2025

Notes

2025

2024

£

Fixed assets

Tangible assets

4

5,548

-

5,548

-

Current assets

Debtors

5

70,948

43,310

70,948

43,310

Creditors

Amounts falling due within one year

6

(75,772)

(42,838)

(75,772)

(42,838)

Net current assets (liabilities)

(4,824)

472

Total assets less current liabilities

724

472

Net assets (liabilities)

724

472

Capital and reserves

Called up share capital

100

Profit and loss account

624

372

Total equity

724

472

The company is a private company limited by shares and registered in England and Wales. It was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company's profit and loss account under section 444 (5A) of the Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 23 September 2026 and are signed on its behalf by:

Brown, Mitchell John Terrence

Director

Brown, Reece

Director

Company registration number 12873479

Notes to the Financial Statements

For the year ended 31 December 2025

1. Statutory information

The company is a private company limited by shares and 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 and this is the functional currency of the company.

2. Accounting policies

2.1. Basis of preparation

The financial statements have been prepared in accordance with FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

The financial statements have been prepared under the historical cost convention in accordance with the Companies Act 2006.

2.2. Pensions

Defined contribution pension plan

The company operates a defined contribution pension plan for the benefit of its employees. Contributions are recognised as expenses as they become payable. Differences between contributions payable in the year and those actually paid are recognised as either prepayments or accruals in the balance sheet. The assets of the defined contribution pension scheme are held separately from those of the company in an independently administered fund.

2.3. Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Rate

Method

%

Office and computer equipment

33

Straight-line

3. Employees

The average number of employees during the year was 5 (2024: 2).

4. Tangible fixed assets

Office equipment

Total

£

Cost

Additions

8,280

At 31 December 2025

8,280

Depreciation and impairment

Charge for the period

2,732

At 31 December 2025

2,732

Net book value

At 31 December 2025

5,548

At 31 December 2024

-

5. Debtors

2025

2024

£

Other debtors

51,418

43,418

Directors loan accounts

19,530

(108)

Total due within one year

70,948

43,310

Total due after one year

-

Total

70,948

43,310

6. Creditors due within one year

2025

2024

£

Bank loans and overdrafts

29,772

6,550

Other creditors

5,849

6,050

Taxation and social security

39,151

27,958

Accruals and deferred income

1,000

2,280

Total

75,772

42,838

7. Creditors due after one year

8. Directors advances, credits and guarantees

Director

Brought forward

Amounts advanced

Carried forward

£

Brown, Reece

(109)

9,875

9,766

Brown, Mitchell John Terrence

-

9,765

Total

(109)

19,640

19,531

The above loan is unsecured, interest free and repayable on demand.

Registered office	8th Floor, 77 Marsh Wall
	Canary Wharf
	London
	E14 9SH

Accountant	Miss K Kelsey
	1 Hermitage Road
	Westcliff-On-Sea
	Southend-On-Sea
	SS0 7NQ