Pool Trading Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 09177274 (England and Wales)

POOL TRADING LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD

15 AUGUST 2014 TO 31 DECEMBER 2015

Page

Company Information

1

Chartered Accountants' Report

2

Abbreviated Balance Sheet

3

Notes to the Abbreviated Accounts

4

DIRECTORS:

Mrs L J Saunders

Miss L Bennett

Mr A J Thom

Mr. A.P. Gallop

Ms K Gallop

Ms L Gallop

Mr T. Gallop

REGISTERED OFFICE:

15-17 Church Street

Stourbridge

West Midlands

DY8 1LU

REGISTERED NUMBER:

09177274 (England and Wales)

ACCOUNTANTS:

Folkes Worton LLP

15-17 Church Street

Stourbridge

West Midlands

DY8 1LU

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages three to five)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Pool Trading Limited for the period ended 31 December 2015 which comprise the Profit and

Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and

explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Pool Trading Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Pool Trading Limited and state those matters that we have agreed to state to the Board of Directors of Pool Trading Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Pool Trading Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Pool Trading Limited. You consider that Pool Trading Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Pool Trading Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Folkes Worton LLP

15-17 Church Street

Stourbridge

West Midlands

DY8 1LU

10 May 2016

FIXED ASSETS

Investments

2

190,554

CURRENT ASSETS

Debtors

74,495

Cash at bank

9,385

83,880

CREDITORS

Amounts falling due within one year

215,410

NET CURRENT LIABILITIES

(131,530

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

59,024

CAPITAL AND RESERVES

Called up share capital

3

100

Profit and loss account

58,924

SHAREHOLDERS' FUNDS

59,024

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2015.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2015 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 10 May 2016 and were signed on its behalf by:

Mr. A.P. Gallop - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention.

Financial reporting standard number 1

Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a

small company.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

Additions

190,554

At 31 December 2015

190,554

NET BOOK VALUE

At 31 December 2015

190,554

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Swimrite Supplies Limited

Nature of business: Swimwear supplies

%

Class of shares:

holding

Ordinary Shares

100.00

2015

£

Aggregate capital and reserves

353,006

259,252

Profit for the period

175,588

402,895

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

21

Ordinary 'A'

£1

21

10

Ordinary 'B'

£1

10

Ordinary 'C'

£1

10

27

Ordinary 'D'

£1

27

5

Ordinary 'E'

£1

5

27

Ordinary 'F'

£1

27

100

The following shares were issued during the period for cash at par :

27 Ordinary 'F' shares of £1