Acorah Software Products - Accounts Production 16.0.110 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 06821595 Mr Michael Milne-Home Mr Michael Milne-Home iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 06821595 2022-12-31 06821595 2023-12-31 06821595 2023-01-01 2023-12-31 06821595 frs-core:CurrentFinancialInstruments 2023-12-31 06821595 frs-core:Non-currentFinancialInstruments 2023-12-31 06821595 frs-core:FurnitureFittings 2023-12-31 06821595 frs-core:FurnitureFittings 2023-01-01 2023-12-31 06821595 frs-core:FurnitureFittings 2022-12-31 06821595 frs-core:MotorVehicles 2023-12-31 06821595 frs-core:MotorVehicles 2023-01-01 2023-12-31 06821595 frs-core:MotorVehicles 2022-12-31 06821595 frs-core:PlantMachinery 2023-12-31 06821595 frs-core:PlantMachinery 2023-01-01 2023-12-31 06821595 frs-core:PlantMachinery 2022-12-31 06821595 frs-core:SharePremium 2023-12-31 06821595 frs-core:ShareCapital 2023-12-31 06821595 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 06821595 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 06821595 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 06821595 frs-bus:SmallEntities 2023-01-01 2023-12-31 06821595 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 06821595 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 06821595 frs-bus:Director1 2023-01-01 2023-12-31 06821595 frs-bus:CompanySecretary1 2023-01-01 2023-12-31 06821595 frs-countries:EnglandWales 2023-01-01 2023-12-31 06821595 2021-12-31 06821595 2022-12-31 06821595 2022-01-01 2022-12-31 06821595 frs-core:CurrentFinancialInstruments 2022-12-31 06821595 frs-core:Non-currentFinancialInstruments 2022-12-31 06821595 frs-core:SharePremium 2022-12-31 06821595 frs-core:ShareCapital 2022-12-31 06821595 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 06821595
PopUpArena Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2023
D S Burge and Co Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 06821595
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 128,860 169,417
128,860 169,417
CURRENT ASSETS
Stocks 5 211,530 211,530
Debtors 6 6,018 20,080
Cash at bank and in hand - 69,671
217,548 301,281
Creditors: Amounts Falling Due Within One Year 7 (103,366 ) (112,532 )
NET CURRENT ASSETS (LIABILITIES) 114,182 188,749
TOTAL ASSETS LESS CURRENT LIABILITIES 243,042 358,166
Creditors: Amounts Falling Due After More Than One Year 8 (82,776 ) (141,676 )
NET ASSETS 160,266 216,490
CAPITAL AND RESERVES
Called up share capital 9 17 17
Share premium account 19,996 23,996
Profit and Loss Account 140,253 192,477
SHAREHOLDERS' FUNDS 160,266 216,490
Page 1
Page 2
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Michael Milne-Home
Director
19/11/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
PopUpArena Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 06821595 . The registered office is Framley Court, Golf Club Road, Woking, GU22 0LU.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 10 years
Motor Vehicles 5 years
Fixtures & Fittings 5 years
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2022: 1)
1 1
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 January 2023 283,951 52,543 13,340 349,834
Additions - - 1,014 1,014
As at 31 December 2023 283,951 52,543 14,354 350,848
Depreciation
As at 1 January 2023 155,155 22,752 2,510 180,417
Provided during the period 28,395 10,508 2,668 41,571
As at 31 December 2023 183,550 33,260 5,178 221,988
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 December 2023 100,401 19,283 9,176 128,860
As at 1 January 2023 128,796 29,791 10,830 169,417
5. Stocks
2023 2022
£ £
Finished goods 211,530 211,530
6. Debtors
2023 2022
£ £
Due within one year
Trade debtors - 16,080
Other debtors 4,000 4,000
VAT 2,018 -
6,018 20,080
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Bank loans and overdrafts 8,861 -
VAT - 12,634
Accruals and deferred income 3,155 -
Director's loan account 91,350 99,898
103,366 112,532
8. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 22,456 31,356
Other loans 60,320 110,320
82,776 141,676
9. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 17 17
Page 4