Polar Graphics Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 03740183

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		1,733		2,310

			1,733		2,310
CURRENT ASSETS
Stocks	5	100,394		142,320
Debtors	6	101,726		51,041
Cash at bank and in hand		23,649		25,923

		225,769		219,284
Creditors: Amounts Falling Due Within One Year	7	(84,061 )		(77,618 )

NET CURRENT ASSETS (LIABILITIES)			141,708		141,666

TOTAL ASSETS LESS CURRENT LIABILITIES			143,441		143,976

Creditors: Amounts Falling Due After More Than One Year	8		(32,662 )		(32,662 )

NET ASSETS			110,779		111,314

CAPITAL AND RESERVES
Called up share capital	9		100		100
Revaluation reserve	11		62,222		62,222
Profit and Loss Account			48,457		48,992

SHAREHOLDERS' FUNDS			110,779		111,314

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Polar Graphics Ltd

Balance Sheet (continued)

As At 31 March 2026

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

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

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Peter Rowsell

Director

21/10/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Polar Graphics Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 03740183 . The registered office is 11 Ragged Hall Lane, St Albans, Herts, AL2 3LB.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	25%
Plant & Machinery	25%
Fixtures & Fittings	25%
Computer Equipment	25%

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.5. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.6. Government Grant

Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.

Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.

Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.

All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2025: 3)

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Polar Graphics Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

4. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 April 2025	2,080	28,524	8,620	499	39,723

As at 31 March 2026	2,080	28,524	8,620	499	39,723

Depreciation
As at 1 April 2025	1,144	27,780	8,231	258	37,413
Provided during the period	234	186	157	-	577

As at 31 March 2026	1,378	27,966	8,388	258	37,990

Net Book Value
As at 31 March 2026	702	558	232	241	1,733

As at 1 April 2025	936	744	389	241	2,310

5. Stocks

	2026	2025
	£	£
Stock	100,394	142,320

6. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	99,966	49,443
HMRC - Tax & Nat/Ins Control	310	-
Net wages	1,450	-
Director's loan account	-	1,598

	101,726	51,041

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	50,755	54,559
Bank loans and overdrafts	13,928	14,738
HMRC - Tax & Nat/Ins Control	-	543
HMRC - Vat Control	11,047	6,538
Pension Control	(14 )	(14 )
HP Creditor	1,254	1,254
Accruals and deferred income	406	-
Director's loan account	6,685	-

	84,061	77,618

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Polar Graphics Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

8. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
HMRC - JRS Grant (After one year)	32,662	32,662

9. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	100	100

10. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 April 2025	Amounts advanced	Amounts repaid	Amounts written off	As at 31 March 2026
	£	£	£	£	£
Mr Peter Rowsell	(1,598 )	(5,087 )	-	-	(6,685 )

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

11. Reserves

	Revaluation reserve	Profit and Loss Account
	£	£
As at 1 April 2025	62,222	48,992
Loss for the year and total comprehensive income	-	(535 )

As at 31 March 2026	62,222	48,457

12. Related Party Transactions

Mr P T Rowsell is also a 49% shareholder in Dark Matter Technologies Limited.

During the year Polar Graphics Limited traded with Dark Matter Technologies Limited.

In the normal course of business Polar Graphics Limited purchased goods and services.

Amounting to £6,829 (2025 : £0.00) from Dark Matter Technologies Limited.

Polar Graphics Limited sold good and services amounting to £500 (2025: £23,398) to Dark Matter Technologies Limited.

Included within trade debtors is an amount due from Dark Matter Technologies Limited £387 (2025 : £0.00).

Included in trade creditors is an amount due to Dark Matter Technologies Limited £3,691 (2025: £0.00).

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