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Registered number: 12510381
Positive Communities Ltd
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 March 2026
360 Accountants Limited
19 Albion Street
Hull
East Yorkshire
HU1 3TG
Contents
Page
Company Information 1
Abridged Balance Sheet 2—3
Notes to the Abridged Financial Statements 4—5
Page 1
Company Information
Directors Mrs J Taylor
Mrs L E Fitzgerald
Company Number 12510381
Registered Office Business & Digital Hub
Nelson Street
Grimsby
North East Lincolnshire
DN32 7DS
Accountants 360 Accountants Limited
19 Albion Street
Hull
East Yorkshire
HU1 3TG
Bankers Lloyds Bank PLC
50-52 Victoria Street West
Grimsby
Lincolnshire
DN31 1BL
Page 1
Page 2
Abridged Balance Sheet
Registered number: 12510381
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 14,492 10,979
14,492 10,979
CURRENT ASSETS
Debtors 184 -
Cash at bank and in hand 22,896 38
23,080 38
Creditors: Amounts Falling Due Within One Year (26,117 ) (3,344 )
NET CURRENT ASSETS (LIABILITIES) (3,037 ) (3,306 )
TOTAL ASSETS LESS CURRENT LIABILITIES 11,455 7,673
NET ASSETS 11,455 7,673
Income and Expenditure Account 11,455 7,673
MEMBERS' FUNDS 11,455 7,673
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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 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 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 Income and Expenditure Account.
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 March 2026 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mrs J Taylor
Director
3rd November 2026
The notes on pages 4 to 5 form part of these financial statements.
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Notes to the Abridged Financial Statements
1. General Information
Positive Communities Ltd is a private company, limited by guarantee, incorporated in England & Wales, registered number 12510381 . The registered office is Business & Digital Hub, Nelson Street, Grimsby, North East Lincolnshire, DN32 7DS.
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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
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:
Plant & Machinery 20% reducing balance
Fixtures & Fittings 20% reducing balance
Computer Equipment 20% reducing balance
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable surplus for the year. Taxable surplus differs from surplus as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable surplus. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable surplus will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable surplus will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in surplus or deficit for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2025: 4)
4 4
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4. Tangible Assets
Total
£
Cost
As at 1 April 2025 10,979
Additions 5,849
As at 31 March 2026 16,828
Depreciation
As at 1 April 2025 -
Provided during the period 2,336
As at 31 March 2026 2,336
Net Book Value
As at 31 March 2026 14,492
As at 1 April 2025 10,979
5. Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
6. Ultimate Controlling Party
The company's ultimate controlling party is Mrs J Taylor .
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