P.O.C. Management Ltd - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 06322091 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 July 2023

for

P.O.C. Management Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

David John Matthews

Craig Paul Morris

REGISTERED OFFICE:

Guilbert House

Gowerton Road

Brackmills Industrial Est

Northamptonshire

NN4 7BW

REGISTERED NUMBER:

06322091 (England and Wales)

ACCOUNTANTS:

Robert Lewis Accountants

4 Capricorn Centre

Cranes Farm Road

Basildon

Essex

SS14 3JJ

FIXED ASSETS

Tangible assets

4

37,823

42,840

CURRENT ASSETS

Debtors

5

358,589

319,163

Cash at bank and in hand

392

391

358,981

319,554

CREDITORS

Amounts falling due within one year

6

365,271

320,388

NET CURRENT LIABILITIES

(6,290

)

(834

)

TOTAL ASSETS LESS CURRENT LIABILITIES

31,533

42,006

CREDITORS

Amounts falling due after more than one year

7

(19,062

)

(29,098

)

PROVISIONS FOR LIABILITIES

(7,561

)

(8,140

)

NET ASSETS

4,910

4,768

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

4,810

4,668

SHAREHOLDERS' FUNDS

4,910

4,768

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 in accordance with Section 476 of the Companies Act 2006.

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.

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 Board of Directors and authorised for issue on 11 March 2024 and were signed on its behalf by:

Craig Paul Morris - Director

1.	STATUTORY INFORMATION

P.O.C. Management Ltd 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.

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

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

Taxation

Taxation for the year 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 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 35 (2022 - 59 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 August 2022

125,161

Additions

1,658

At 31 July 2023

126,819

DEPRECIATION

At 1 August 2022

82,321

Charge for year

6,675

At 31 July 2023

88,996

NET BOOK VALUE

At 31 July 2023

37,823

At 31 July 2022

42,840

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.23

31.7.22

£

£

Trade debtors

166,693

219,540

Other debtors

191,896

99,623

358,589

319,163

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.23

31.7.22

£

£

Bank loans and overdrafts

89,625

92,050

Trade creditors

55,881

110,562

Taxation and social security

109,685

84,603

Other creditors

110,080

33,173

365,271

320,388

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.7.23

31.7.22

£

£

Bank loans

19,062

29,098

8.	ULTIMATE CONTROLLING PARTY

The company is controlled by Mr Craig Morris by virtue of a major shareholding.