POD Financial Services Limited - Accounts to registrar (filleted) - small 23.2.5

POD Financial Services Limited - Accounts to registrar (filleted) - small 23.2.5

POD FINANCIAL SERVICES LIMITED - Company Information

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REGISTERED NUMBER: 09272260 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 October 2023

for

POD Financial Services Limited
POD Financial Services Limited (Registered number: 09272260)






Contents of the Financial Statements
for the Year Ended 30 October 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


POD Financial Services Limited

Company Information
for the Year Ended 30 October 2023







DIRECTOR: P O'Dwyer





REGISTERED OFFICE: 71-75 Shelton Street
Covent Garden
London
WC2H 9JQ





REGISTERED NUMBER: 09272260 (England and Wales)





ACCOUNTANTS: Caroola Accountancy Limited
840 Ibis Court
Centre Park Square
Warrington
WA1 1RL
Page 1
POD Financial Services Limited (Registered number: 09272260)

Statement of Financial Position
30 October 2023

30/10/23 30/10/22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - -
Investments 5 153,293 166,775
153,293 166,775

CURRENT ASSETS
Debtors 6 11,624 24,074
Cash at bank 37,535 45,099
49,159 69,173
CREDITORS
Amounts falling due within one year 7 5,607 2,661
NET CURRENT ASSETS 43,552 66,512
TOTAL ASSETS LESS CURRENT
LIABILITIES
196,845
233,287

CAPITAL AND RESERVES
Called up share capital 10 10
Revaluation reserve 8 55,375 68,948
Retained earnings 141,460 164,329
SHAREHOLDERS' FUNDS 196,845 233,287

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

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

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 March 2024 and were signed by:




P O'Dwyer - Director


The notes form part of these financial statements

Page 2
POD Financial Services Limited (Registered number: 09272260)

Notes to the Financial Statements
for the Year Ended 30 October 2023

1. STATUTORY INFORMATION

POD Financial Services 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 as modified by the revaluation of certain assets.

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

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 31 October 2022
and 30 October 2023 1,956
DEPRECIATION
At 31 October 2022
and 30 October 2023 1,956
NET BOOK VALUE
At 30 October 2023 -

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 31 October 2022 166,775
Additions 91
Revaluations (13,573 )
At 30 October 2023 153,293
NET BOOK VALUE
At 30 October 2023 153,293
At 30 October 2022 166,775

Page 3 continued...
POD Financial Services Limited (Registered number: 09272260)

Notes to the Financial Statements - continued
for the Year Ended 30 October 2023

5. FIXED ASSET INVESTMENTS - continued

Cost or valuation at 30 October 2023 is represented by:

Other
investments
£   
Valuation in 2023 (13,482 )
Valuation in 2022 34,116
Valuation in 2021 132,659
153,293

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/10/23 30/10/22
£    £   
Other debtors 11,624 24,074

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/10/23 30/10/22
£    £   
Taxation and social security 2,965 2,661
Other creditors 2,642 -
5,607 2,661

8. RESERVES
Revaluation
reserve
£   
At 31 October 2022 68,948
Revaluation reserve (13,573 )

At 30 October 2023 55,375

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 October 2023 and 30 October 2022:

30/10/23 30/10/22
£    £   
P O'Dwyer
Balance outstanding at start of year 11,721 20,528
Amounts advanced - 324
Amounts repaid (14,350 ) (9,131 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (2,629 ) 11,721

The loan is interest bearing, unsecured and has no set repayment terms.

Page 4