Acorah Software Products - Accounts Production 16.1.300 false true 30 July 2023 31 July 2022 false 31 July 2023 30 July 2024 30 July 2024 12085206 Mr Philip Cooke Mr Ronnie Papaleo Mr Colin Waterworth Mr Jonathan Wright iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12085206 2023-07-30 12085206 2024-07-30 12085206 2023-07-31 2024-07-30 12085206 frs-core:CurrentFinancialInstruments 2024-07-30 12085206 frs-core:Non-currentFinancialInstruments 2024-07-30 12085206 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-07-30 12085206 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-07-31 2024-07-30 12085206 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-07-30 12085206 frs-core:MotorVehicles 2024-07-30 12085206 frs-core:MotorVehicles 2023-07-31 2024-07-30 12085206 frs-core:MotorVehicles 2023-07-30 12085206 frs-core:PlantMachinery 2024-07-30 12085206 frs-core:PlantMachinery 2023-07-31 2024-07-30 12085206 frs-core:PlantMachinery 2023-07-30 12085206 frs-core:RetainedEarningsAccumulatedLosses 2024-07-30 12085206 frs-bus:PrivateLimitedCompanyLtd 2023-07-31 2024-07-30 12085206 frs-bus:FilletedAccounts 2023-07-31 2024-07-30 12085206 frs-bus:SmallEntities 2023-07-31 2024-07-30 12085206 frs-bus:AuditExempt-NoAccountantsReport 2023-07-31 2024-07-30 12085206 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-31 2024-07-30 12085206 frs-bus:Director1 2023-07-31 2024-07-30 12085206 frs-bus:Director2 2023-07-31 2024-07-30 12085206 frs-bus:Director3 2023-07-31 2024-07-30 12085206 frs-bus:Director4 2023-07-31 2024-07-30 12085206 frs-core:Non-currentFinancialInstruments 4 2024-07-30 12085206 frs-countries:EnglandWales 2023-07-31 2024-07-30 12085206 2022-07-30 12085206 2023-07-30 12085206 2022-07-31 2023-07-30 12085206 frs-core:CurrentFinancialInstruments 2023-07-30 12085206 frs-core:Non-currentFinancialInstruments 2023-07-30 12085206 frs-core:RetainedEarningsAccumulatedLosses 2023-07-30 12085206 frs-core:Non-currentFinancialInstruments 4 2023-07-30
Registered number: 12085206
Where Poppies Grow Ltd
Unaudited Financial Statements
For The Year Ended 30 July 2024
T & T Associates
Fernlea Cottage Graham Street
Longtown
Carlisle
Cumbria
CA6 5NR
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12085206
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 20,225 17,165
20,225 17,165
CURRENT ASSETS
Stocks 5 28,720 24,030
Debtors 6 353 256
Cash at bank and in hand 1,024 5,947
30,097 30,233
Creditors: Amounts Falling Due Within One Year 7 (38,952 ) (28,811 )
NET CURRENT ASSETS (LIABILITIES) (8,855 ) 1,422
TOTAL ASSETS LESS CURRENT LIABILITIES 11,370 18,587
Creditors: Amounts Falling Due After More Than One Year 8 (20,000 ) (21,045 )
NET LIABILITIES (8,630 ) (2,458 )
Profit and Loss Account (8,630 ) (2,458 )
SHAREHOLDERS' FUNDS (8,630) (2,458)
Page 1
Page 2
For the year ending 30 July 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.
On behalf of the board
Mr Ronnie Papaleo
Director
03/03/2025
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
Where Poppies Grow Ltd is a private company, incorporated in England, registered number 12085026. The registered office is Mill Row, The Village, Milton, Carlisle, CA8 1HX.
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:
Freehold 0%
Plant & Machinery 15%
Motor Vehicles 15%
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: NIL (2023: 1)
- 1
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Total
£ £ £ £
Cost
As at 31 July 2023 4,624 20,058 2,500 27,182
Additions - - 5,813 5,813
As at 30 July 2024 4,624 20,058 8,313 32,995
...CONTINUED
Page 3
Page 4
Depreciation
As at 31 July 2023 - 8,822 1,195 10,017
Provided during the period - 1,685 1,068 2,753
As at 30 July 2024 - 10,507 2,263 12,770
Net Book Value
As at 30 July 2024 4,624 9,551 6,050 20,225
As at 31 July 2023 4,624 11,236 1,305 17,165
5. Stocks
2024 2023
£ £
Stock 28,720 24,030
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 353 256
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 690 360
Directors' loan accounts 38,262 28,451
38,952 28,811
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Other creditors (4) 20,000 21,045
9. Share Capital
Page 4