POP HUG EDUCATION C.I.C.

Company Registration Number:
11088245 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2021

Period of accounts

Start date: 1 December 2020

End date: 30 November 2021

POP HUG EDUCATION C.I.C.

Contents of the Financial Statements

for the Period Ended 30 November 2021

Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

POP HUG EDUCATION C.I.C.

Profit And Loss Account

for the Period Ended 30 November 2021

2021 2020


£

£
Turnover: 21,189 20,173
Cost of sales: ( 7,652 ) ( 10,870 )
Gross profit(or loss): 13,537 9,303
Administrative expenses: ( 13,748 ) ( 8,257 )
Operating profit(or loss): (211) 1,046
Profit(or loss) before tax: (211) 1,046
Tax: ( 31 )
Profit(or loss) for the financial year: (242) 1,046

POP HUG EDUCATION C.I.C.

Balance sheet

As at 30 November 2021

Notes 2021 2020


£

£
Fixed assets
Tangible assets: 3 1,354 1,427
Total fixed assets: 1,354 1,427
Current assets
Debtors: 4 2,051 2,107
Cash at bank and in hand: 8,877 7,219
Total current assets: 10,928 9,326
Creditors: amounts falling due within one year: 5 ( 2,163 ) ( 392 )
Net current assets (liabilities): 8,765 8,934
Total assets less current liabilities: 10,119 10,361
Creditors: amounts falling due after more than one year: 6 ( 8,750 ) ( 8,750 )
Total net assets (liabilities): 1,369 1,611
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 1,368 1,610
Total Shareholders' funds: 1,369 1,611

The notes form part of these financial statements

POP HUG EDUCATION C.I.C.

Balance sheet statements

For the year ending 30 November 2021 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 15 August 2022
and signed on behalf of the board by:

Name: Anthony Withstandley
Status: Director

The notes form part of these financial statements

POP HUG EDUCATION C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 2021

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

    Turnover policy

    Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.

    Tangible fixed assets depreciation policy

    Depreciation has been provided at 25% reducing balance for Office Equipment

POP HUG EDUCATION C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 2021

  • 2. Employees

    2021 2020
    Average number of employees during the period 2 2

POP HUG EDUCATION C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 2021

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 December 2020 2,295 2,295
Additions 379 379
Disposals
Revaluations
Transfers
At 30 November 2021 2,674 2,674
Depreciation
At 1 December 2020 868 868
Charge for year 452 452
On disposals
Other adjustments
At 30 November 2021 1,320 1,320
Net book value
At 30 November 2021 1,354 1,354
At 30 November 2020 1,427 1,427

POP HUG EDUCATION C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 2021

4. Debtors

2021 2020
£ £
Trade debtors 2,051 2,107
Total 2,051 2,107

POP HUG EDUCATION C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 2021

5. Creditors: amounts falling due within one year note

2021 2020
£ £
Taxation and social security 115 2
Accruals and deferred income 390 390
Other creditors 1,658
Total 2,163 392

POP HUG EDUCATION C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 2021

6. Creditors: amounts falling due after more than one year note

2021 2020
£ £
Bank loans and overdrafts 8,750 8,750
Total 8,750 8,750

COMMUNITY INTEREST ANNUAL REPORT

POP HUG EDUCATION C.I.C.

Company Number: 11088245 (England and Wales)

Year Ending: 30 November 2021

Company activities and impact

Pop Hug Education C.I.C. T/A Fizz Pop Science is a Community Interest Company with a mission to inspire young people by introducing them to the wonders of science and how it is relevant to our everyday world. We work with schools in East London and Essex. We provide science workshops and after-school clubs for children aged between four and twelve. Our wide-ranging programmes cover chemistry, physics, biology and engineering. Our passion for science and children’s education ensures that children are provided with inspiring and fun-filled experiences where they have a chance to engage in practical experiments in a safe and well-supported environment.For the second year running, our business was severely disrupted by the COVID-19 pandemic because most our work takes place in schools, which were closed or operating severely restricted bubble systems for most of the period in question.

Consultation with stakeholders

Our stakeholders include the children who take part in our workshops and clubs and their parents. We continue to enjoy very high levels of satisfaction and universally positive feedback from many of the parents and teachers who use our services. Qualitatively out net promoter score is 90 and qualitatively we have received a number of positive Google and Facebook reviews from service users. Some examples are included below:“My daughter is in year 5 and has been attending an after school club with Fizz Pop Science. She has absolutely loved it. She loves coming home and sharing what she has been finding out. She said Ant makes the learning fun and interesting - and she said they don't just chatter on they actually let you do things. Highly recommend.”Sarah P“My child really enjoyed attending these sessions, she was so sad for it to be over.After each session she came out glowing and eager to get home and explain everything she did.The parents received informative emails after each session explaining in detail what our children learnt and the process they had to go through to get the results they did.Every school would benefit from this club. I would most definitely recommend and consider having them for my child's birthday party.Thank you so much.”Ms Pierre

Directors' remuneration

£8,294 directors remuneration

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
29 August 2022

And signed on behalf of the board by:
Name: Anthony Withstandley
Status: Director