Acorah Software Products - Accounts Production 16.1.300 false true 28 February 2023 1 March 2022 false 1 March 2023 28 February 2024 28 February 2024 13944069 Mr Carl Pykett Mrs Deborah Pykett iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13944069 2023-02-28 13944069 2024-02-28 13944069 2023-03-01 2024-02-28 13944069 frs-core:FurnitureFittings 2023-03-01 2024-02-28 13944069 frs-core:ShareCapital 2024-02-28 13944069 frs-core:RetainedEarningsAccumulatedLosses 2024-02-28 13944069 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-28 13944069 frs-bus:AbridgedAccounts 2023-03-01 2024-02-28 13944069 frs-bus:SmallEntities 2023-03-01 2024-02-28 13944069 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-28 13944069 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-28 13944069 frs-bus:Director1 2023-03-01 2024-02-28 13944069 frs-bus:Director1 2023-02-28 13944069 frs-bus:Director1 2024-02-28 13944069 frs-bus:Director2 2023-03-01 2024-02-28 13944069 frs-countries:EnglandWales 2023-03-01 2024-02-28 13944069 2022-02-28 13944069 2023-02-28 13944069 2022-03-01 2023-02-28 13944069 frs-core:ShareCapital 2023-02-28 13944069 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: 13944069
Poppies Place UK Ltd
Unaudited ABRIDGED Financial Statements
For The Year Ended 28 February 2024
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 13944069
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 300 400
300 400
CURRENT ASSETS
Stocks 264 108
Debtors - 1,180
264 1,288
Creditors: Amounts Falling Due Within One Year (4,110 ) (1,440 )
NET CURRENT ASSETS (LIABILITIES) (3,846 ) (152 )
TOTAL ASSETS LESS CURRENT LIABILITIES (3,546 ) 248
NET (LIABILITIES)/ASSETS (3,546 ) 248
CAPITAL AND RESERVES
Called up share capital 5 2 2
Profit and Loss Account (3,548 ) 246
SHAREHOLDERS' FUNDS (3,546) 248
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For the year ending 28 February 2024 the company was entitled to exemption from audit 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.
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.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 28 February 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Carl Pykett
Director
Mrs Deborah Pykett
Director
15th February 2025
The notes on pages 3 to 4 form part of these financial statements.
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Notes to the Abridged Financial Statements
1. General Information
Poppies Place UK Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13944069 . The registered office is 5 Lanehead Walk, Rugeley, Staffs, WS15 2XD.
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:
Fixtures & Fittings 20% Straight line
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: 2 (2023: NIL)
2 -
4. Tangible Assets
Total
£
Cost
As at 1 March 2023 500
As at 28 February 2024 500
Depreciation
As at 1 March 2023 100
Provided during the period 100
As at 28 February 2024 200
Net Book Value
As at 28 February 2024 300
As at 1 March 2023 400
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5. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
6. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 March 2023 Amounts advanced Amounts repaid Amounts written off As at 28 February 2024
£ £ £ £ £
Mr Carl Pykett 1,180 - 1,180 - -
The above loan is unsecured, interest free and repayable on demand.
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