Company Registration No. 09866216 (England and Wales)
Pollitt & Partners Trustee Limited
Unaudited accounts
for the year ended 31 December 2022
Pollitt & Partners Trustee Limited
Unaudited accounts
Contents
Pollitt & Partners Trustee Limited
Company Information
for the year ended 31 December 2022
Directors
K Brooks
N Pollitt
Company Number
09866216 (England and Wales)
Registered Office
Suite 2.06, 91 Wimpole Street
London
W1G 0EF
England
Accountants
Lilley & Co (UK) Limited
Suite 8
57 High Street
Ibstock
Leicestershire
LE67 6LH
Pollitt & Partners Trustee Limited
Statement of financial position
as at 31 December 2022
Investments
3,065,250
3,065,250
Cash at bank and in hand
69
309
Creditors: amounts falling due within one year
(3,053,624)
(3,054,350)
Net current liabilities
(3,053,554)
(3,054,040)
Called up share capital
1
1
Profit and loss account
11,695
11,209
Shareholders' funds
11,696
11,210
For the year ending 31 December 2022 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 17 September 2023 and were signed on its behalf by
N Pollitt
Director
Company Registration No. 09866216
Pollitt & Partners Trustee Limited
Notes to the Accounts
for the year ended 31 December 2022
Pollitt & Partners Trustee Limited is a private company, limited by shares, registered in England and Wales, registration number 09866216. The registered office is Suite 2.06, 91 Wimpole Street, London, W1G 0EF, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The company has taken advantage of the exemption under section 398 of the Companies Act 2006 not to prepare consolidated accounts. The financial statements present information about the company as an individual entity and not about its group.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Equity and other investments are measured at fair value through profit or loss, except for those investments that are not publicly traded and whose fair value cannot otherwise be measured reliably, which are recognised at cost less impairment until a reliable measure of fair value becomes available.
4
Investments
Subsidiary undertakings
Valuation at 1 January 2022
3,065,250
Valuation at 31 December 2022
3,065,250
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2022
2021
Amounts owed to group undertakings and other participating interests
3,053,024
3,051,250
Pollitt & Partners Trustee Limited
Notes to the Accounts
for the year ended 31 December 2022
7
Transactions with related parties
The company has taken the exemption under Section 33 Related Party Disclosures paragraph 33.1A from disclosing transactions with other members of a wholly owned group.
There is no ultimate controlling party.
9
Average number of employees
During the year the average number of employees was 2 (2021: 3).
