Pollman & Loosli Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08438220 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2018

for

Pollman & Loosli Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr C A Pollman

Dr C Bonina

REGISTERED OFFICE:

44 Kingsley Street

London

SW1 5LE

REGISTERED NUMBER:

08438220 (England and Wales)

ACCOUNTANTS:

Chaddesley Sanford Limited

3rd Floor

3 Fitzhardinge Street

London

W1H 6EF

FIXED ASSETS

Tangible assets

4

449

825

CURRENT ASSETS

Debtors

5

14,979

6,067

Cash at bank

157

812

15,136

6,879

CREDITORS

Amounts falling due within one year

6

5,400

5,981

NET CURRENT ASSETS

9,736

898

TOTAL ASSETS LESS CURRENT LIABILITIES

10,185

1,723

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

10,184

1,722

SHAREHOLDERS' FUNDS

10,185

1,723

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 on 21 December 2018 and were signed on its behalf by:

Mr C A Pollman - Director

1.	STATUTORY INFORMATION

Pollman & Loosli 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 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.

Plant and machinery

-

25% on cost

Fixtures and fittings

-

25% on cost

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance

sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of

transaction. Exchange differences are taken into account in arriving at the operating result.

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 1 (2017 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

COST

At 1 April 2017

and 31 March 2018

1,543

507

2,050

DEPRECIATION

At 1 April 2017

844

381

1,225

Charge for year

250

126

376

At 31 March 2018

1,094

507

1,601

NET BOOK VALUE

At 31 March 2018

449

-

449

At 31 March 2017

699

126

825

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

£

Trade debtors

6,039

3,065

Other debtors

8,940

3,002

14,979

6,067

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

£

Trade creditors

228

204

Taxation and social security

2,726

3,350

Other creditors

2,446

2,427

5,400

5,981

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2018 and 31 March 2017:

31.3.18

31.3.17

£

£

Mr C A Pollman

Balance outstanding at start of year

-

20,930

Amounts advanced

33,825

34,163

Amounts repaid

(27,886

)

(55,093

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

5,939

-

8.	RELATED PARTY DISCLOSURES

Mr C A Pollman

Director and shareholder

During the period the company was charged rent by Mr C A Pollman of £4,427 (2017: £4,611)

9.	POST BALANCE SHEET EVENTS

There is no longer an ultimate controlling party due to a share issue post year end.

10.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr C A Pollman.