P-Pot Limited 10271410 false 2022-08-01 2023-07-31 2023-07-31 The principal activity of the company is health sector product development Digita Accounts Production Advanced 6.30.9574.0 true true 10271410 2022-08-01 2023-07-31 10271410 2023-07-31 10271410 core:CurrentFinancialInstruments 2023-07-31 10271410 core:CurrentFinancialInstruments core:WithinOneYear 2023-07-31 10271410 core:PatentsTrademarksLicencesConcessionsSimilar 2023-07-31 10271410 bus:SmallEntities 2022-08-01 2023-07-31 10271410 bus:AuditExemptWithAccountantsReport 2022-08-01 2023-07-31 10271410 bus:FullAccounts 2022-08-01 2023-07-31 10271410 bus:SmallCompaniesRegimeForAccounts 2022-08-01 2023-07-31 10271410 bus:RegisteredOffice 2022-08-01 2023-07-31 10271410 bus:Director1 2022-08-01 2023-07-31 10271410 bus:Director2 2022-08-01 2023-07-31 10271410 bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 10271410 core:PatentsTrademarksLicencesConcessionsSimilar 2022-08-01 2023-07-31 10271410 countries:EnglandWales 2022-08-01 2023-07-31 10271410 2022-07-31 10271410 core:PatentsTrademarksLicencesConcessionsSimilar 2022-07-31 10271410 2021-08-01 2022-07-31 10271410 2022-07-31 10271410 core:CurrentFinancialInstruments 2022-07-31 10271410 core:CurrentFinancialInstruments core:WithinOneYear 2022-07-31 10271410 core:PatentsTrademarksLicencesConcessionsSimilar 2022-07-31 iso4217:GBP xbrli:pure

Registration number: 10271410

P-Pot Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 July 2023

 

P-Pot Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 5

 

P-Pot Limited

Company Information

Directors

G Davies

Mr R N Miller

Registered office

89 Bedford Street
Derby
DE22 3PE

Accountants

Coates and Partners Limited
The Old Vicarage
51 St John Street
Ashbourne
Derbyshire
DE6 1GP

 

P-Pot Limited

(Registration number: 10271410)
Balance Sheet as at 31 July 2023

Note

2023
£

2022
£

Fixed assets

 

Intangible assets

4

11,823

12,630

Current assets

 

Debtors

5

153

76

Cash at bank and in hand

 

12

440

 

165

516

Creditors: Amounts falling due within one year

6

(35,107)

(29,098)

Net current liabilities

 

(34,942)

(28,582)

Net liabilities

 

(23,119)

(15,952)

Capital and reserves

 

Called up share capital

10

10

Retained earnings

(23,129)

(15,962)

Shareholders' deficit

 

(23,119)

(15,952)

For the financial year ending 31 July 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

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

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland'.

Approved and authorised by the Board on 6 March 2024 and signed on its behalf by:
 

.........................................
G Davies
Director

   
     
 

P-Pot Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2023

1

General information

The company is a private company limited by share capital incorporated in England and Wales registration number: 10271410.

The address of its registered office is:
89 Bedford Street
Derby
DE22 3PE

These financial statements were authorised for issue by the Board on 6 March 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The presentation currency is £ sterling.

Going concern

The financial statements have been prepared on a going concern basis.

Intangible assets

Separately acquired trademarks and licences are shown at historical cost.

Trademarks, licences (including software) and customer-related intangible assets acquired in a business combination are recognised at fair value at the acquisition date.

Trademarks, licences and customer-related intangible assets have a finite useful life and are carried at cost less accumulated amortisation and any accumulated impairment losses.

 

P-Pot Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2023 (continued)

2

Accounting policies (continued)

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class

Amortisation method and rate

Patents and goodwill

5% straight line basis

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2022 - 0).

 

P-Pot Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2023 (continued)

4

Intangible assets

Trademarks, patents and licenses
 £

Total
£

Cost or valuation

At 1 August 2022

16,143

16,143

At 31 July 2023

16,143

16,143

Amortisation

At 1 August 2022

3,513

3,513

Amortisation charge

807

807

At 31 July 2023

4,320

4,320

Carrying amount

At 31 July 2023

11,823

11,823

At 31 July 2022

12,630

12,630

5

Debtors

Current

2023
£

2022
£

Other debtors

153

76

 

153

76

6

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Due within one year

Accruals and deferred income

400

300

Other creditors

34,707

28,798

35,107

29,098