Pollstyle Limited

Contents

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

Pollstyle Limited

Company Information

Directors

J S Auty L A Auty

Registered office

Suite 5 Corum 2 Corum Office Park Crown Way Warmley Bristol BS30 8FJ

Registered Number

03432703

Accountants

Verinder Powell Associates Limited Suite 5 Corum 2 Corum Office Park Crown Way Warmley Bristol BS30 8FJ

Pollstyle Limited

(Registration number: 03432703)
Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	972	418
Current assets
Debtors	5	495,275	499,235
Creditors: Amounts falling due within one year	6	(558,639)	(553,511)
Net current liabilities		(63,364)	(54,276)
Net liabilities		(62,392)	(53,858)
Capital and reserves
Called up share capital		1,000	1,000
Retained earnings		(63,392)	(54,858)
Shareholders' deficit		(62,392)	(53,858)

Pollstyle Limited

(Registration number: 03432703)
Balance Sheet as at 31 March 2025

For the financial year ending 31 March 2025 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 25 November 2025 and signed on its behalf by:
 

......................................... J S Auty Director

Pollstyle Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1	General information

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

The address of its registered office is:
Suite 5 Corum 2
Corum Office Park
Crown Way
Warmley
Bristol
BS30 8FJ

These financial statements were authorised for issue by the Board on 25 November 2025.

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). There have been no material departures from the Financial Reporting Standard 102 1A.

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. The financial statements are prepared in Pounds Sterling (£), and are rounded to the nearest pound.

Going concern

The company's balance sheet at 31 March 2025 shows that liabilities exceed assets by £62,392 (2024 - £53,858).

At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future and if needed will have full support from the directors. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

Pollstyle Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Turnover

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 revenue 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 deferred tax. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

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

Asset class	Depreciation method and rate
Furniture, fittings and equipment	- 15% on cost

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.

Pollstyle Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable 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.

Finance income and costs policy
Interest income and expenses are recognised using the effective interest rate method.

Borrowings

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.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

Pollstyle Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

4	Tangible assets

	Furniture, fittings and equipment £	Total £
Cost or valuation
At 1 April 2024	1,586	1,586
Additions	791	791
Disposals	(583)	(583)
At 31 March 2025	1,794	1,794
Depreciation
At 1 April 2024	1,168	1,168
Charge for the year	237	237
Eliminated on disposal	(583)	(583)
At 31 March 2025	822	822
Carrying amount
At 31 March 2025	972	972
At 31 March 2024	418	418

5

Debtors

	2025 £	2024 £
Trade debtors	1,890	2,618
Prepayments	662	617
Other debtors	492,723	496,000
	495,275	499,235

Pollstyle Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

6

Creditors

Due within one year	2025 £	2024 £
Bank loans and overdrafts	4,383	3,768
Trade creditors	2,866	989
Taxation and social security	-	919
Accruals and deferred income	3,510	3,429
Other creditors	547,880	544,406
	558,639	553,511

 

7	Related party transactions

Loans to related parties

2025	Other related parties £	Total £
At start of period	487,714	487,714
Advanced	500	500
Repaid	(6,771)	(6,771)
At end of period	481,443	481,443

2024	Other related parties £	Total £
At start of period	523,951	523,951
Advanced	1,063	1,063
Repaid	(37,300)	(37,300)
At end of period	487,714	487,714

Terms of loans to related parties

Loans to other related parties are repayable on demand and interest is charged at 2.25% per annum.

Pollstyle Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Loans from related parties

2025	Key management £	Other related parties £	Total £
At start of period	68,361	476,045	544,406
Advanced	6,063	14,281	20,344
Repaid	(16,870)	-	(16,870)
At end of period	57,554	490,326	547,880

2024	Key management £	Other related parties £	Total £
At start of period	93,835	462,180	556,015
Advanced	30,504	13,865	44,369
Repaid	(55,978)	-	(55,978)
At end of period	68,361	476,045	544,406

Terms of loans from related parties

Loans from key management are interest free and repayable on demand.

Loans from other related parties are repayable on demand and interest is charged at 3% per annum.