Hold The Line (Polo) Limited - Limited company accounts 23.1

REGISTERED NUMBER: 14068701 (England and Wales)

Report of the Director and

Unaudited Financial Statements for the Period 26 April 2022 to 30 April 2023

for

Hold The Line (Polo) Limited

Page

Company Information

1

Report of the Director

2

Report of the Accountants

3

Income Statement

4

Balance Sheet

5

Notes to the Financial Statements

6

DIRECTOR:

Ms M S Eden

REGISTERED OFFICE:

Ground Floor

123 Pall Mall

St. James's

London

SW1Y 5EA

REGISTERED NUMBER:

14068701 (England and Wales)

ACCOUNTANTS:

Hawksford UK Services Limited

123 Pall Mall

St. James's

London

SW1Y 5EA

The director presents her report with the financial statements of the company for the period 26 April 2022 to 30 April 2023.

INCORPORATION

The company was incorporated on 26 April 2022 .

PRINCIPAL ACTIVITY

The principal activity of the company in the period under review was that of an event management company.

DIRECTOR

Ms M S Eden was appointed as a director on 26 April 2022 and held office during the whole of the period from then to the date of this report.

The director, being eligible, offers herself for election at the forthcoming first Annual General Meeting.

STATEMENT OF DIRECTOR'S RESPONSIBILITIES

The director is responsible for preparing the Report of the Director and the financial statements in accordance with applicable law and regulations.

Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless she is satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the director is required to:

-	select suitable accounting policies and then apply them consistently;

-	make judgements and accounting estimates that are reasonable and prudent;

-	prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable her to ensure that the financial statements comply with the Companies Act 2006. She is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

Ms M S Eden - Director

10 November 2023

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the period ended 30 April 2023 set out on pages four to six and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Hawksford UK Services Limited

123 Pall Mall

St. James's

London

SW1Y 5EA

10 November 2023

TURNOVER

-

Administrative expenses

(9,000

)

OPERATING LOSS and

LOSS BEFORE TAXATION

(9,000

)

Tax on loss

-

LOSS FOR THE FINANCIAL PERIOD

(9,000

)

CURRENT ASSETS

Debtors

4

1

CREDITORS

Amounts falling due within one year

5

(9,000

)

NET CURRENT LIABILITIES

(8,999

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(8,999

)

CAPITAL AND RESERVES

Called up share capital

1

Retained earnings

(9,000

)

(8,999

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 April 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 10 November 2023 and were signed by:

Ms M S Eden - Director

1.	STATUTORY INFORMATION

Hold The Line (Polo) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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 period 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 period was NIL.

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other debtors

1

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other creditors

9,000

6.	ULTIMATE CONTROLLING PARTY

In the opinion of the directors the ultimate controlling party is Mr A Garese .