Company registration number 11133114 (England and Wales)
POP AND MOO LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
POP AND MOO LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
POP AND MOO LIMITED
BALANCE SHEET
AS AT 31 MARCH 2024
31 March 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
177
338
Current assets
Stocks
67,223
65,810
Debtors
4
13,315
8,564
Cash at bank and in hand
52,515
65,755
133,053
140,129
Creditors: amounts falling due within one year
5
(33,012)
(47,801)
Net current assets
100,041
92,328
Net assets
100,218
92,666
Capital and reserves
Called up share capital
1
1
Profit and loss reserves
100,217
92,665
Total equity
100,218
92,666

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and signed by the director and authorised for issue on 13 August 2024
Ms P March
Director
Company registration number 11133114 (England and Wales)
POP AND MOO LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
- 2 -
1
Accounting policies
Company information

Pop and Moo Limited is a private company limited by shares incorporated in England and Wales. The registered office is 2-4 Packhorse Road, Gerrards Cross, Buckinghamshire, SL9 7QE.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Computers
33% Straight Line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

1.5
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

POP AND MOO LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
1
Accounting policies
(Continued)
- 3 -
Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

 

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
7
7
3
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 April 2023 and 31 March 2024
1,732
Depreciation and impairment
At 1 April 2023
1,394
Depreciation charged in the year
161
At 31 March 2024
1,555
Carrying amount
At 31 March 2024
177
At 31 March 2023
338
POP AND MOO LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
- 4 -
4
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
1,806
595
Other debtors
11,509
7,969
13,315
8,564
5
Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
9,510
14,721
Corporation tax
2,718
5,592
Other taxation and social security
1,000
151
Other creditors
19,784
27,337
33,012
47,801
6
Financial commitments, guarantees and contingent liabilities

As at 31 March 2024 the company had other financial commitments of £96,370 (2023 : £0), which were contracted but not provided for in the financial statements.

2024-03-312023-04-01false13 August 2024CCH SoftwareCCH Accounts Production 2024.200No description of principal activityMs P Marchfalsefalse111331142023-04-012024-03-31111331142024-03-31111331142023-03-3111133114core:OtherPropertyPlantEquipment2024-03-3111133114core:OtherPropertyPlantEquipment2023-03-3111133114core:CurrentFinancialInstrumentscore:WithinOneYear2024-03-3111133114core:CurrentFinancialInstrumentscore:WithinOneYear2023-03-3111133114core:CurrentFinancialInstruments2024-03-3111133114core:CurrentFinancialInstruments2023-03-3111133114core:ShareCapital2024-03-3111133114core:ShareCapital2023-03-3111133114core:RetainedEarningsAccumulatedLosses2024-03-3111133114core:RetainedEarningsAccumulatedLosses2023-03-3111133114bus:Director12023-04-012024-03-3111133114core:ComputerEquipment2023-04-012024-03-31111331142022-04-012023-03-3111133114core:OtherPropertyPlantEquipment2023-03-3111133114core:OtherPropertyPlantEquipment2023-04-012024-03-3111133114core:WithinOneYear2024-03-3111133114core:WithinOneYear2023-03-3111133114bus:PrivateLimitedCompanyLtd2023-04-012024-03-3111133114bus:SmallCompaniesRegimeForAccounts2023-04-012024-03-3111133114bus:FRS1022023-04-012024-03-3111133114bus:AuditExemptWithAccountantsReport2023-04-012024-03-3111133114bus:FullAccounts2023-04-012024-03-31xbrli:purexbrli:sharesiso4217:GBP