Registration number: 05686275

Pollymel Ltd

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 9

Pollymel Ltd

Company Information

Directors

Mrs Amanda Mitchell Mr Stuart Andrew Mitchell

Registered office

Unicorn House Beaumont Road Banbury Oxon OX16 1RH

Pollymel Ltd

(Registration number: 05686275)
Balance Sheet as at 31 January 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	5	484,100	484,100
Investment property	6	230,440	230,440
		714,540	714,540
Current assets
Debtors	7	17,800	14,400
Cash at bank and in hand		9,549	7,775
		27,349	22,175
Creditors: Amounts falling due within one year	8	(34,931)	(29,967)
Net current liabilities		(7,582)	(7,792)
Total assets less current liabilities		706,958	706,748
Creditors: Amounts falling due after more than one year	8	(191,700)	(228,418)
Net assets		515,258	478,330
Capital and reserves
Called up share capital		200,000	200,000
Retained earnings		315,258	278,330
Shareholders' funds		515,258	478,330

For the financial year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 2 October 2026 and signed on its behalf by:
 

Pollymel Ltd

(Registration number: 05686275)
Balance Sheet as at 31 January 2026

......................................... Mrs Amanda Mitchell Director

......................................... Mr Stuart Andrew Mitchell Director

Pollymel Ltd

Notes to the Unaudited Financial Statements for the year ended 31 January 2026

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Unicorn House
Beaumont Road
Banbury
Oxon
OX16 1RH

These financial statements were authorised for issue by the Board on 2 October 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

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

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis, with management having given due consideration to the company’s ability to continue as a going concern for at least the next twelve months.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of turnover can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Pollymel Ltd

Notes to the Unaudited Financial Statements for the year ended 31 January 2026

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Depreciation method and rate for tangible assets
Asset class	Depreciation method and rate
Land and Buildings	0%
Investments	0%

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Pollymel Ltd

Notes to the Unaudited Financial Statements for the year ended 31 January 2026

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2025 - 0).

4

Taxation

Tax charged/(credited) in the profit and loss account

	2026 £	2025 £
Current taxation
UK corporation tax	13,993	13,252

Pollymel Ltd

Notes to the Unaudited Financial Statements for the year ended 31 January 2026

5	Tangible assets

	Land and buildings £	Total £
Cost or valuation
At 1 February 2025	484,100	484,100
At 31 January 2026	484,100	484,100
Depreciation
Carrying amount
At 31 January 2026	484,100	484,100
At 31 January 2025	484,100	484,100

Included within the net book value of land and buildings above is £484,100 (2025 - £484,100) in respect of freehold land and buildings.
 

6	Investment properties

	2026 £
At 1 February	230,440
At 31 January	230,440

There has been no valuation of investment property by an independent valuer.

7

Debtors

Current	2026 £	2025 £
Trade debtors	14,400	14,400
Other debtors	3,400	-
	17,800	14,400

Pollymel Ltd

Notes to the Unaudited Financial Statements for the year ended 31 January 2026

8

Creditors

Creditors: amounts falling due within one year

	2026 £	2025 £
Due within one year
Taxation and social security	22,653	17,285
Accruals and deferred income	12,278	12,681
Other creditors	-	1
	34,931	29,967

Creditors: amounts falling due after more than one year

	Note	2026 £	2025 £
Due after one year
Loans and borrowings	10	139,700	168,418
Other financial liabilities		52,000	60,000
		191,700	228,418

9	Share capital

Allotted, called up and fully paid shares

	2026		2025
	No.	£	No.	£
Ordinary Shares of £1 each	200,000	200,000	200,000	200,000

10	Loans and borrowings

Non-current loans and borrowings

	2026 £	2025 £
Other borrowings	139,700	168,418

11

Dividends

Final dividends paid

		2026 £		2025 £
Final dividend of £87.00 (2025 - £0.01) per each Ordinary Shares		87,000		2,000

Pollymel Ltd

Notes to the Unaudited Financial Statements for the year ended 31 January 2026

12	Financial instruments

Categorisation of financial instruments

2026 £

2025 £