POP HUG EDUCATION C.I.C.

Company Registration Number:
11088245 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2023

Period of accounts

Start date: 1 December 2022

End date: 30 November 2023

POP HUG EDUCATION C.I.C.

Contents of the Financial Statements

for the Period Ended 30 November 2023

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 2023

2023 2022


£

£
Turnover: 32,148
Cost of sales: ( 202 ) ( 8,353 )
Gross profit(or loss): (202) 23,795
Administrative expenses: ( 764 ) ( 29,218 )
Operating profit(or loss): (966) (5,423)
Profit(or loss) before tax: (966) (5,423)
Profit(or loss) for the financial year: (966) (5,423)

POP HUG EDUCATION C.I.C.

Balance sheet

As at 30 November 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 761 1,015
Total fixed assets: 761 1,015
Current assets
Debtors: 4 2,051 2,051
Cash at bank and in hand: 65 837
Total current assets: 2,116 2,888
Creditors: amounts falling due within one year: 5 ( 1,076 ) ( 719 )
Net current assets (liabilities): 1,040 2,169
Total assets less current liabilities: 1,801 3,184
Creditors: amounts falling due after more than one year: 6 ( 6,821 ) ( 7,238 )
Total net assets (liabilities): (5,020) (4,054)
Capital and reserves
Called up share capital: 1 1
Profit and loss account: (5,021 ) (4,055 )
Total Shareholders' funds: ( 5,020 ) (4,054)

The notes form part of these financial statements

POP HUG EDUCATION C.I.C.

Balance sheet statements

For the year ending 30 November 2023 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 22 August 2024
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 2023

  • 1. Accounting policies

    Basis of measurement and preparation

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

    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 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 5

POP HUG EDUCATION C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 December 2022 2,674 2,674
Additions
Disposals
Revaluations
Transfers
At 30 November 2023 2,674 2,674
Depreciation
At 1 December 2022 1,659 1,659
Charge for year 254 254
On disposals
Other adjustments
At 30 November 2023 1,913 1,913
Net book value
At 30 November 2023 761 761
At 30 November 2022 1,015 1,015

POP HUG EDUCATION C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 2023

4. Debtors

2023 2022
£ £
Trade debtors 2,051 2,051
Total 2,051 2,051

POP HUG EDUCATION C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Taxation and social security 115 115
Accruals and deferred income 100 390
Other creditors 861 214
Total 1,076 719

POP HUG EDUCATION C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 2023

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

2023 2022
£ £
Bank loans and overdrafts 6,821 7,238
Total 6,821 7,238

COMMUNITY INTEREST ANNUAL REPORT

POP HUG EDUCATION C.I.C.

Company Number: 11088245 (England and Wales)

Year Ending: 30 November 2023

Company activities and impact

Owing to difficult trading conditions surrounding the lengthy school closures during the Covid pandemic, and a number of other factors, we decided to cease trading and begin to wind down the business at the end of 2022.

Consultation with stakeholders

We contacted our main customers to communicate our decision to cease trading. The director has moved into permanent employment in the education sector and that is where their efforts will be focussed for the foreseeable future

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
22 August 2024

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