REGISTERED NUMBER: 03760565 (England and Wales)

POLYGON COL-MAR LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

B Martin

SECRETARY:

Mrs S J Martin

REGISTERED OFFICE:

Highland House

Mayflower Close

Chandlers Ford

Eastleigh

Hampshire

SO53 4AR

REGISTERED NUMBER:

03760565 (England and Wales)

BANKERS:

The Co-operative Bank

P.O. Box 250

Delf House

Southway

Skelmersdale

WN8 6WT

FIXED ASSETS

Tangible assets

4

72

106

Investment property

5

135,000

131,702

135,072

131,808

CURRENT ASSETS

Debtors

6

305

65

Cash at bank

2,732

6,066

3,037

6,131

CREDITORS

Amounts falling due within one year

7

(3,042

)

(5,378

)

NET CURRENT (LIABILITIES)/ASSETS

(5

)

753

TOTAL ASSETS LESS CURRENT LIABILITIES

135,067

132,561

CREDITORS

Amounts falling due after more than one year

8

(75,000

)

(75,000

)

PROVISIONS FOR LIABILITIES

(13,542

)

(12,744

)

NET ASSETS

46,525

44,817

CAPITAL AND RESERVES

Called up share capital

99

99

Non distributable reserves

3,458

984

Retained earnings

42,968

43,734

SHAREHOLDERS' FUNDS

46,525

44,817

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 2 October 2026 and were signed by:

B Martin - Director

1.	STATUTORY INFORMATION

Polygon Col-Mar 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standards applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies' regime.

The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.

The financial statements have been prepared under the historical cost convention, modified to include certain financial instruments at fair value. The principal accounting policies adopted are set out below.

Turnover

Turnover represents the total amount receivable by the company in the ordinary course of business, from management, rental and development of properties.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Office equipment

-

15% Reducing balance

Furnishings and equipment

-

33% Reducing balance

Computer equipment

-

33% Reducing balance

Investment property

Investment property is shown at the most recent valuation. Any aggregates surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Financial assets

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial assets are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Basic financial assets, which include trade and other receivables and cash and bank balances are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method, unless the arrangement constitutes a financial transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Financial liabilities

Basic financial liabilities, which include trade and other payables, are initially measured at transaction price and subsequently measured at amortised cost, unless the arrangement constitutes a financing transaction where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

Equity instruments

Equity instruments issued by the company are recorded at the fair value of the proceeds received net of direct issue costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Furnishings

Office

and

Computer

equipment

equipment

equipment

Totals

£

£

£

£

COST

At 1 May 2025

and 30 April 2026

734

3,821

6,089

10,644

DEPRECIATION

At 1 May 2025

734

3,821

5,983

10,538

Charge for year

-

-

34

34

At 30 April 2026

734

3,821

6,017

10,572

NET BOOK VALUE

At 30 April 2026

-

-

72

72

At 30 April 2025

-

-

106

106

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 May 2025

131,702

Revaluations

3,298

At 30 April 2026

135,000

NET BOOK VALUE

At 30 April 2026

135,000

At 30 April 2025

131,702

Fair value at 30 April 2026 is represented by:

£

Valuation in 2011

50,000

Valuation in 2014

17,000

Valuation in 2015

5,750

Valuation in 2017

4,250

Valuation in 2018

5,000

Valuation in 2019

3,250

Valuation in 2021

2,665

Valuation in 2022

2,718

Valuation in 2023

(6,931

)

Valuation in 2026

3,298

Cost

48,000

135,000

If investment properties had not been revalued they would have been included at the following historical cost:

2026

2025

£

£

Cost

48,000

48,000

Investment property was valued on an open market basis on 30 April 2026 by the director .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other debtors

305

65

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Taxation and social security

-

3,120

Other creditors

3,042

2,258

3,042

5,378

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Other creditors

75,000

75,000

9.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Mortgage loans

75,000

75,000

The mortgage loan is secured against the property to which it relates.