Registration number:
Poplars Group (UK) Limited
for the Year Ended 30 November 2023
Poplars Group (UK) Limited
Contents
Balance Sheet |
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Notes to the Unaudited Financial Statements |
Poplars Group (UK) Limited
(Registration number: 11341204)
Balance Sheet as at 30 November 2023
Note |
2023 |
2022 |
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Fixed assets |
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Investments |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
( |
( |
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Net current assets |
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- |
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Net assets |
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Capital and reserves |
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Called up share capital |
200 |
2 |
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Retained earnings |
3,985 |
2 |
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Shareholders' funds |
4,185 |
4 |
For the financial year ending 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
• |
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• |
The director acknowledges his 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.
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.
Approved and authorised by the
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Poplars Group (UK) Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023
General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
United Kingdom
The principal place of business is:
78 Water End,
Maulden,
Bedford, MK45 2BB
These financial statements were authorised for issue by the
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.
The financial statements are prepared in sterling, which is the functional currency of the entity.
The company did not trade during the year only received dividends from its wholly owned subsidiary.
Group accounts not prepared
Going concern
The financial statements have been prepared on a going concern basis.
Poplars Group (UK) Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023
Judgements
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. |
Investments
Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment. These respresent shares in wholly owned subsidiaries.
Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
Dividends
Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.
Staff numbers |
The average number of persons employed by the company (including the director) during the year, was
Investments |
2023 |
2022 |
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Investments in subsidiaries |
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All investments comprise wholly owned subsidiaries, all are incorporated in the United Kingdom.
Poplars Group (UK) Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023
Debtors |
Note |
2023 |
2022 |
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Amounts owed by group undertakings and undertakings in which the company has a participating interest |
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Other debtors |
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- |
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Creditors |
Creditors: amounts falling due within one year
Note |
2023 |
2022 |
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Due within one year |
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Amounts owed to group undertakings and undertakings in which the company has a participating interest |
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- |
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Accruals and deferred income |
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Share capital |
Allotted, called up and fully paid shares
2023 |
2022 |
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No. |
£ |
No. |
£ |
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200 |
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2 |
During the year the company alloted 198 Ordinary £1 shares as part of its group restructuring.
Dividends |
Interim dividends paid
2023 |
2022 |
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Interim dividend of £ |
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Poplars Group (UK) Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023
Related party transactions |
At the balance sheet date the company was owed £4,468 (2022: £398) by Poplars Construction Limited, and owed £5,656 (2022: nil) by Poplars Developments (UK) Limited, both wholly owned subsidiaries. The amount are repayable on demand and no interest is being charged.