2023-03-012024-02-292024-02-29false12489665POPPINS AGENCY LTD2024-10-2573110iso4217:GBPxbrli:pure124896652023-03-01124896652024-02-29124896652023-03-012024-02-29124896652022-03-01124896652023-02-28124896652022-03-012023-02-2812489665bus:SmallEntities2023-03-012024-02-2912489665bus:AuditExempt-NoAccountantsReport2023-03-012024-02-2912489665bus:FullAccounts2023-03-012024-02-2912489665bus:PrivateLimitedCompanyLtd2023-03-012024-02-2912489665core:WithinOneYear2024-02-2912489665core:AfterOneYear2024-02-2912489665core:WithinOneYear2023-02-2812489665core:AfterOneYear2023-02-2812489665core:ShareCapital2024-02-2912489665core:SharePremium2024-02-2912489665core:RevaluationReserve2024-02-2912489665core:OtherReservesSubtotal2024-02-2912489665core:RetainedEarningsAccumulatedLosses2024-02-2912489665core:ShareCapital2023-02-2812489665core:SharePremium2023-02-2812489665core:RevaluationReserve2023-02-2812489665core:OtherReservesSubtotal2023-02-2812489665core:RetainedEarningsAccumulatedLosses2023-02-2812489665core:LandBuildings2024-02-2912489665core:PlantMachinery2024-02-2912489665core:Vehicles2024-02-2912489665core:FurnitureFittings2024-02-2912489665core:OfficeEquipment2024-02-2912489665core:NetGoodwill2024-02-2912489665core:IntangibleAssetsOtherThanGoodwill2024-02-2912489665core:ListedExchangeTraded2024-02-2912489665core:UnlistedNon-exchangeTraded2024-02-2912489665core:LandBuildings2023-02-2812489665core:PlantMachinery2023-02-2812489665core:Vehicles2023-02-2812489665core:FurnitureFittings2023-02-2812489665core:OfficeEquipment2023-02-2812489665core:NetGoodwill2023-02-2812489665core:IntangibleAssetsOtherThanGoodwill2023-02-2812489665core:ListedExchangeTraded2023-02-2812489665core:UnlistedNon-exchangeTraded2023-02-2812489665core:LandBuildings2023-03-012024-02-2912489665core:PlantMachinery2023-03-012024-02-2912489665core:Vehicles2023-03-012024-02-2912489665core:FurnitureFittings2023-03-012024-02-2912489665core:OfficeEquipment2023-03-012024-02-2912489665core:NetGoodwill2023-03-012024-02-2912489665core:IntangibleAssetsOtherThanGoodwill2023-03-012024-02-2912489665core:ListedExchangeTraded2023-03-012024-02-2912489665core:UnlistedNon-exchangeTraded2023-03-012024-02-2912489665core:MoreThanFiveYears2023-03-012024-02-2912489665core:Non-currentFinancialInstruments2024-02-2912489665core:Non-currentFinancialInstruments2023-02-2812489665dpl:CostSales2023-03-012024-02-2912489665dpl:DistributionCosts2023-03-012024-02-2912489665core:LandBuildings2023-03-012024-02-2912489665core:PlantMachinery2023-03-012024-02-2912489665core:Vehicles2023-03-012024-02-2912489665core:FurnitureFittings2023-03-012024-02-2912489665core:OfficeEquipment2023-03-012024-02-2912489665dpl:AdministrativeExpenses2023-03-012024-02-2912489665core:NetGoodwill2023-03-012024-02-2912489665core:IntangibleAssetsOtherThanGoodwill2023-03-012024-02-2912489665dpl:GroupUndertakings2023-03-012024-02-2912489665dpl:ParticipatingInterests2023-03-012024-02-2912489665dpl:GroupUndertakingscore:ListedExchangeTraded2023-03-012024-02-2912489665core:ListedExchangeTraded2023-03-012024-02-2912489665dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-03-012024-02-2912489665core:UnlistedNon-exchangeTraded2023-03-012024-02-2912489665dpl:CostSales2022-03-012023-02-2812489665dpl:DistributionCosts2022-03-012023-02-2812489665core:LandBuildings2022-03-012023-02-2812489665core:PlantMachinery2022-03-012023-02-2812489665core:Vehicles2022-03-012023-02-2812489665core:FurnitureFittings2022-03-012023-02-2812489665core:OfficeEquipment2022-03-012023-02-2812489665dpl:AdministrativeExpenses2022-03-012023-02-2812489665core:NetGoodwill2022-03-012023-02-2812489665core:IntangibleAssetsOtherThanGoodwill2022-03-012023-02-2812489665dpl:GroupUndertakings2022-03-012023-02-2812489665dpl:ParticipatingInterests2022-03-012023-02-2812489665dpl:GroupUndertakingscore:ListedExchangeTraded2022-03-012023-02-2812489665core:ListedExchangeTraded2022-03-012023-02-2812489665dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-03-012023-02-2812489665core:UnlistedNon-exchangeTraded2022-03-012023-02-2812489665core:NetGoodwill2024-02-2912489665core:IntangibleAssetsOtherThanGoodwill2024-02-2912489665core:LandBuildings2024-02-2912489665core:PlantMachinery2024-02-2912489665core:Vehicles2024-02-2912489665core:FurnitureFittings2024-02-2912489665core:OfficeEquipment2024-02-2912489665core:AfterOneYear2024-02-2912489665core:WithinOneYear2024-02-2912489665core:ListedExchangeTraded2024-02-2912489665core:UnlistedNon-exchangeTraded2024-02-2912489665core:ShareCapital2024-02-2912489665core:SharePremium2024-02-2912489665core:RevaluationReserve2024-02-2912489665core:OtherReservesSubtotal2024-02-2912489665core:RetainedEarningsAccumulatedLosses2024-02-2912489665core:NetGoodwill2023-02-2812489665core:IntangibleAssetsOtherThanGoodwill2023-02-2812489665core:LandBuildings2023-02-2812489665core:PlantMachinery2023-02-2812489665core:Vehicles2023-02-2812489665core:FurnitureFittings2023-02-2812489665core:OfficeEquipment2023-02-2812489665core:AfterOneYear2023-02-2812489665core:WithinOneYear2023-02-2812489665core:ListedExc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POPPINS AGENCY LTD

Registered Number
12489665
(England and Wales)

Unaudited Financial Statements for the Year ended
29 February 2024

POPPINS AGENCY LTD
Company Information
for the year from 1 March 2023 to 29 February 2024

Directors

AKHAVAN-SAFA, Maani
HEGERTY, Gabrielle Maria

Registered Address

43 Portland Place
Ground Floor
London
W1B 1QH

Registered Number

12489665 (England and Wales)
POPPINS AGENCY LTD
Balance Sheet as at
29 February 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Intangible assets387,6654,415
Tangible assets467,451104,421
Investments51,105,456-
1,260,572108,836
Current assets
Debtors812,830730,933
Cash at bank and on hand15,7922,802
828,622733,735
Creditors amounts falling due within one year6(1,084,200)(579,705)
Net current assets (liabilities)(255,578)154,030
Total assets less current liabilities1,004,994262,866
Creditors amounts falling due after one year7(196,563)(204,062)
Net assets808,43158,804
Capital and reserves
Called up share capital1210
Share premium999,954-
Profit and loss account(191,535)58,794
Shareholders' funds808,43158,804
The financial statements were approved and authorised for issue by the Board of Directors on 25 October 2024, and are signed on its behalf by:
AKHAVAN-SAFA, Maani
Director
Registered Company No. 12489665
POPPINS AGENCY LTD
Notes to the Financial Statements
for the year ended 29 February 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Turnover policy
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.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Intangible assets
Intangible assets are amortised over their expected useful economic lives.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
2.Average number of employees

20242023
Average number of employees during the year2323
3.Intangible assets

Other

Total

££
Cost or valuation
At 01 March 234,6754,675
Additions83,25083,250
At 29 February 2487,92587,925
Amortisation and impairment
At 01 March 23260260
At 29 February 24260260
Net book value
At 29 February 2487,66587,665
At 28 February 234,4154,415
4.Tangible fixed assets

Fixtures & fittings

Office Equipment

Total

£££
Cost or valuation
At 01 March 2331,536117,787149,323
Additions-5,5805,580
At 29 February 2431,536123,367154,903
Depreciation and impairment
At 01 March 23-44,90244,902
Charge for year-42,55042,550
At 29 February 24-87,45287,452
Net book value
At 29 February 2431,53635,91567,451
At 28 February 2331,53672,885104,421
5.Fixed asset investments

Investments in groups1

Total

££
Cost or valuation
Additions1,105,4561,105,456
At 29 February 241,105,4561,105,456
Net book value
At 29 February 241,105,4561,105,456
At 28 February 23--

Notes

1Investments in group undertakings and participating interests
6.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables312,229289,150
Bank borrowings and overdrafts35,000-
Amounts owed to related parties168,03116,777
Taxation and social security194,006273,778
Other creditors224,934-
Accrued liabilities and deferred income150,000-
Total1,084,200579,705
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
7.Creditors: amounts due after one year

2024

2023

££
Bank borrowings and overdrafts49,06359,062
Other creditors147,500145,000
Total196,563204,062