Company Registration No. 14259388 (England and Wales)
Poffin Ltd
Unaudited accounts
for the period from 27 July 2022 to 31 July 2023
Poffin Ltd
Unaudited accounts
Contents
Poffin Ltd
Company Information
for the period from 27 July 2022 to 31 July 2023
Directors
Christopher Poffley
Rebekka Poffley
Company Number
14259388 (England and Wales)
Registered Office
50 PRINCES STREET
IPSWICH
IP1 1RJ
ENGLAND
Accountants
Hawthorn Tax
4 Newton Place
Glasgow
G3 7PR
Poffin Ltd
Statement of financial position
as at 31 July 2023
Investment property
322,698
Cash at bank and in hand
5,271
Creditors: amounts falling due within one year
(423,618)
Net current liabilities
(330,211)
Called up share capital
14
Profit and loss account
(7,527)
Shareholders' funds
(7,513)
For the period ending 31 July 2023 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 2 November 2023 and were signed on its behalf by
Christopher Poffley
Director
Company Registration No. 14259388
Poffin Ltd
Notes to the Accounts
for the period from 27 July 2022 to 31 July 2023
Poffin Ltd is a private company, limited by shares, registered in England and Wales, registration number 14259388. The registered office is 50 PRINCES STREET, IPSWICH, IP1 1RJ, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Amounts falling due within one year
Poffin Ltd
Notes to the Accounts
for the period from 27 July 2022 to 31 July 2023
6
Creditors: amounts falling due within one year
2023
Loans from directors
422,778
Tax losses carried forward
(1,766)
Credited to the profit and loss account
(1,766)
Provision at end of period
(1,766)
8
Average number of employees
During the period the average number of employees was 2.