REGISTERED NUMBER: 02521211 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

FOR

PUTSBOROUGH POOL LIMITED

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

99,184

99,184

CURRENT ASSETS

Debtors

5

33,941

39,143

CREDITORS

Amounts falling due within one year

6

2,509

3,321

NET CURRENT ASSETS

31,432

35,822

TOTAL ASSETS LESS CURRENT LIABILITIES

130,616

135,006

CAPITAL AND RESERVES

Called up share capital

7

33

33

Share premium

8

98,099

98,099

Retained earnings

8

32,484

36,874

SHAREHOLDERS' FUNDS

130,616

135,006

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 November 2025 and were signed on its behalf by:

P J Griffin - Director

1.	STATUTORY INFORMATION

Putsborough Pool Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

02521211

Registered office:

Grenville House

9 Boutport Street

Barnstaple

Devon

EX31 1TZ

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Swimming pool and equipment

-

fully depreciated

Taxation

Due to its mutual trading status, the company is not liable to Corporation Tax on its trading activities and the only liability arises on the company's investment income.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Swimming

pool and

equipment

£

COST

At 1 September 2024

and 31 August 2025

114,765

DEPRECIATION

At 1 September 2024

and 31 August 2025

15,581

NET BOOK VALUE

At 31 August 2025

99,184

At 31 August 2024

99,184

The directors have valued the swimming pool at an open market value of £99,184 as at 31 August 2025.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

500

-

Other debtors

33,441

39,143

33,941

39,143

Other debtors include £33,441 (2024 £39,143) representing money owed to Putsborough Pool Limited by Putsborough Apartments Limited, a company under common control.

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

193

-

Taxation and social security

133

137

Other creditors

2,183

3,184

2,509

3,321

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

33

Ordinary

£1

33

33

8.

RESERVES

Retained

Share

earnings

premium

Totals

£

£

£

At 1 September 2024

36,874

98,099

134,973

Deficit for the year

(4,390

)

(4,390

)

At 31 August 2025

32,484

98,099

130,583

9.	RELATED PARTY DISCLOSURES

The directors of this company are also the directors of Putsborough Apartments Limited, a company registered in England.

The directors own properties at Clifton Court and receive an 11% discount on management fees.