Accounts filed on 31-03-2016

Accounts filed on 31-03-2016

POLO RELATIONS LIMITED - Company Information

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POLO RELATIONS LIMITED

Company Registration Number:
04191382 (England and Wales)

Abbreviated (Unaudited) Accounts

Period of accounts

Start date: 01 April 2015

End date: 31 March 2016

POLO RELATIONS LIMITED

Abbreviated Balance sheet

As at 31 March 2016


Notes
2016
£
2015
£
Fixed assets
Tangible assets: 2 4,345 5,112
Total fixed assets: 4,345 5,112
Current assets
Total current assets: 0 0
Creditors: amounts falling due within one year: ( 10,872 ) ( 26,510 )
Net current assets (liabilities): ( 10,872 ) ( 26,510 )
Total assets less current liabilities: ( 6,527 ) ( 21,398 )
Creditors: amounts falling due after more than one year: 0 ( 41 )
Total net assets (liabilities): ( 6,527 ) ( 21,439 )

The notes form part of these financial statements

POLO RELATIONS LIMITED

Balance sheet continued

As at 31 March 2016


Notes
2016
£
2015
£
Capital and reserves
Called up share capital: 3 10 10
Profit and loss account: ( 6,537 ) ( 21,449 )
Shareholders funds: ( 6,527 ) ( 21,439 )

For the year ending 31 March 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors on 31 December 2016

SIGNED ON BEHALF OF THE BOARD BY:

Name: John Moreland-Lynn
Status: Director

The notes form part of these financial statements

POLO RELATIONS LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 March 2016

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    the financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities 2015

    Turnover policy

    the turnover represents amounts receivable for goods and services net of VAT and trade discounts

    Tangible fixed assets depreciation policy

    depreciation is calculated at the following rates to write off the cost of an asset, less its residual value, over its estimated useful economic lifetime - annual deprecation of classic motor vehicles is 15% of cost on the residual value.

    Intangible fixed assets amortisation policy

    There are no intangible fixed asstes

    Valuation information and policy

    n/a

    Other accounting policies

    none

POLO RELATIONS LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 March 2016

  • 2. Tangible assets

    Total
    Cost £
    01 April 2015: 32,587
    Additions: 0
    Disposals: 0
    Revaluations: 0
    Transfers: 0
    31 March 2016: 32,587
    Depreciation
    01 April 2015: 27,475
    Charge for year: 767
    On disposals: 0
    Other adjustments: 0
    31 March 2016: 28,242
    Net book value
    31 March 2016: 4,345
    31 March 2015: 5,112

POLO RELATIONS LIMITED

Notes to the Abbreviated Accounts

for the Period Ended 31 March 2016

  • 3. Called up share capital

    Allotted, called up and paid

    Previous period
    2015
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 10 1.00 10
    Preference shares: 0
    Total share capital (£): 10
    Current period
    2016
    Class Number of shares Nominal value per share (£) Total (£)
    Ordinary shares: 10 1.00 10
    Preference shares: 0
    Total share capital (£): 10