Poulconn Ltd - Accounts to registrar (filleted) - small 23.2.5
Poulconn Ltd - Accounts to registrar (filleted) - small 23.2.5
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST JANUARY 2023 |
| FOR |
| POULCONN LTD |
| POULCONN LTD (REGISTERED NUMBER: 11663659) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| for the Year Ended 31st January 2023 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| POULCONN LTD |
| COMPANY INFORMATION |
| for the Year Ended 31st January 2023 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 4 Clews Road |
| Redditch |
| Worcestershire |
| B98 7ST |
| POULCONN LTD (REGISTERED NUMBER: 11663659) |
| BALANCE SHEET |
| 31st January 2023 |
| 31/1/23 | 31/1/22 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| Investments | 5 |
| CURRENT ASSETS |
| Debtors | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 8 |
| Fair value reserve | 9 |
| Retained earnings | 444 | (3 | ) |
| SHAREHOLDERS' FUNDS |
| 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. |
| POULCONN LTD (REGISTERED NUMBER: 11663659) |
| BALANCE SHEET - continued |
| 31st January 2023 |
| In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered. |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| POULCONN LTD (REGISTERED NUMBER: 11663659) |
| NOTES TO THE FINANCIAL STATEMENTS |
| for the Year Ended 31st January 2023 |
| 1. | STATUTORY INFORMATION |
| Poulconn Ltd is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| 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 |
| Freehold property | - |
| Investments in subsidiaries |
| Investments in subsidiary undertakings are recognised at cost. |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
| Current or deferred taxation assets and liabilities are not discounted. |
| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. |
| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was NIL (2022 - NIL). |
| POULCONN LTD (REGISTERED NUMBER: 11663659) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the Year Ended 31st January 2023 |
| 4. | TANGIBLE FIXED ASSETS |
| Freehold |
| property |
| £ |
| COST OR VALUATION |
| At 1st February 2022 |
| and 31st January 2023 |
| NET BOOK VALUE |
| At 31st January 2023 |
| At 31st January 2022 |
| Cost or valuation at 31st January 2023 is represented by: |
| Freehold |
| property |
| £ |
| Valuation in 2022 | 42,297 |
| Cost | 1,257,703 |
| 1,300,000 |
| 5. | FIXED ASSET INVESTMENTS |
| Shares in |
| group |
| undertakings |
| £ |
| COST |
| At 1st February 2022 |
| and 31st January 2023 |
| NET BOOK VALUE |
| At 31st January 2023 |
| At 31st January 2022 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31/1/23 | 31/1/22 |
| £ | £ |
| Other debtors |
| POULCONN LTD (REGISTERED NUMBER: 11663659) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the Year Ended 31st January 2023 |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31/1/23 | 31/1/22 |
| £ | £ |
| Amounts owed to group undertakings |
| Amounts owed to participating interests | - | 1,280,348 |
| Taxation and social security |
| Other creditors |
| 8. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31/1/23 | 31/1/22 |
| value: | £ | £ |
| Ordinary A | £1 | 100 | 100 |
| Ordinary B | £1 | 100 | 100 |
| Ordinary C | £1 | 100 | 100 |
| 300 | 300 |
| The ordinary A shares of £1 each,the ordinary B shares of £1 each and ordinary C shares of £1 each all have voting rights,right to receive dividends and participate in capital distributions on a winding up. A dividend can be paid on one class of share irrespective of the classes of shares. |
| 9. | RESERVES |
| Fair |
| value |
| reserve |
| £ |
| At 1st February 2022 |
| and 31st January 2023 |
| 10. | ULTIMATE CONTROLLING PARTY |
| There is no overall controlling party. |