Poroga Ltd 14226892 false 2023-07-01 2024-06-30 2024-06-30 The principal activity of the company is Hairdressers Digita Accounts Production Advanced 6.30.9574.0 true 14226892 2023-07-01 2024-06-30 14226892 2024-06-30 14226892 core:CurrentFinancialInstruments core:WithinOneYear 2024-06-30 14226892 bus:Micro-entities 2023-07-01 2024-06-30 14226892 bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 14226892 bus:FilletedAccounts 2023-07-01 2024-06-30 14226892 bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 14226892 bus:RegisteredOffice 2023-07-01 2024-06-30 14226892 bus:Director1 2023-07-01 2024-06-30 14226892 bus:Director2 2023-07-01 2024-06-30 14226892 bus:EntityHasNeverTraded 2023-07-01 2024-06-30 14226892 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 14226892 countries:EnglandWales 2023-07-01 2024-06-30 14226892 2022-07-11 2023-06-30 14226892 2023-06-30 14226892 core:CurrentFinancialInstruments core:WithinOneYear 2023-06-30 iso4217:GBP xbrli:pure

Registration number: 14226892

Poroga Ltd

Annual Report and Unaudited Financial Statements

for the Year Ended 30 June 2024

 

Poroga Ltd

(Registration number: 14226892)
Balance Sheet as at 30 June 2024

2024
£

2023
£

Fixed assets

46,879

33,820

Current assets

108,158

6,678

Prepayments and accrued income

367

14,441

Creditors: Amounts falling due within one year

(106,193)

(54,937)

Net current assets/(liabilities)

2,332

(33,818)

Total assets less current liabilities

49,211

2

Accruals and deferred income

(7,938)

-

 

41,273

2

Capital and reserves

41,273

2

 

Poroga Ltd

(Registration number: 14226892)
Balance Sheet as at 30 June 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
18 Faversham Avenue
Chingford
London
E4 6DT
England

These financial statements were authorised for issue by the Board on 26 March 2025.

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

2

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 6 (2023 - 0).

3

Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £75,000 (2023 - £95,000). The Company had a commitment to a sub-lease, from the franchisor for its salon premises, due to expire on 31 March 2028 at an annual rental of £20,000.

Under the terms of the franchise agreement entered into by the Company, the Company is required to pay 10% of its revenue, before VAT, to the franchisor. The amount of the financial commitment cannot be measured due to the dependency on the level of future revenue to be achieved by the Company.

4

Related party transactions

During the period, the Company contracted with a director, Mr N Amodio, for the fitting out of the Company's premises. At the balance sheet date the Company paid Mr N Amodio the sum of £17,520 for the fitting out.

For the financial year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

 

Poroga Ltd

(Registration number: 14226892)
Balance Sheet as at 30 June 2024

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 26 March 2025 and signed on its behalf by:
 

.........................................
O Amodio
Director

.........................................
N Amodio
Director