Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-312024-01-01No description of principal activitytruefalsefalse11falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13638685 2024-01-01 2024-12-31 13638685 2023-01-01 2023-12-31 13638685 2024-12-31 13638685 2023-12-31 13638685 c:Director1 2024-01-01 2024-12-31 13638685 d:FreeholdInvestmentProperty 2024-01-01 2024-12-31 13638685 d:FreeholdInvestmentProperty 2024-12-31 13638685 d:CurrentFinancialInstruments 2024-12-31 13638685 d:CurrentFinancialInstruments 2023-12-31 13638685 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 13638685 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 13638685 d:ShareCapital 2024-12-31 13638685 d:ShareCapital 2023-12-31 13638685 d:RetainedEarningsAccumulatedLosses 2024-12-31 13638685 d:RetainedEarningsAccumulatedLosses 2023-12-31 13638685 c:OrdinaryShareClass1 2024-01-01 2024-12-31 13638685 c:OrdinaryShareClass1 2024-12-31 13638685 c:OrdinaryShareClass1 2023-12-31 13638685 c:OrdinaryShareClass2 2024-01-01 2024-12-31 13638685 c:OrdinaryShareClass2 2024-12-31 13638685 c:OrdinaryShareClass2 2023-12-31 13638685 c:FRS102 2024-01-01 2024-12-31 13638685 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 13638685 c:FullAccounts 2024-01-01 2024-12-31 13638685 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 13638685 e:USDollar 2024-01-01 2024-12-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 13638685














POPPINGA LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED  31 DECEMBER 2024

 
POPPINGA LIMITED
 

CONTENTS



Page
Statement of Financial Position
 
1
Notes to the Financial Statements
 
2 - 3


 
POPPINGA LIMITED
REGISTERED NUMBER:13638685

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2024

2024
2023
Note
$
$

Fixed assets
  

Investment property
 4 
2,650,654
2,650,654

  

Current liabilities
  

Creditors: amounts falling due within one year
 5 
(102,397)
(145,195)

  

Net assets
  
2,548,257
2,505,459


Capital and reserves
  

Called up share capital 
 6 
2,650,765
2,650,765

Profit and loss account
  
(102,508)
(145,306)

  
2,548,257
2,505,459


The Director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The Director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 31 March 2025.




O H Bayoumi
Director

The notes on pages 2 to 3 form part of these financial statements.

Page 1

 
POPPINGA LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

1.


General information

Poppinga Limited is a limited liability company registered in England and Wales. Its registered office address is at 5 Elstree Gate, Elstree Way, Borehamwood, Hertfordshire, WD6 1JD.
The principal activity of the Company during the year was that of the letting and operating of conference and exhibition centres, coupled with the buying and selling of own real estate.
The financial statements are presented in US Dollar ($), which is the functional currency of the Company. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Turnover

Turnover comprises revenue recognised by the company in respect of services supplied in the year exclusive of trade discounts and excluding Value Added Tax.
Revenue is recognised when a service is provided.

 
2.3

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

 
2.4

Basic Financial Instruments


The Company only enters into transactions that result in basic financial instruments such as trade and other debtors, trade and other creditors, cash at bank and in hand, loans to related parties.
Trade debtors, other debtors and loans to related parties are recognised initially at the transaction price less attributable transaction costs. Trade creditors, other creditors and loans from related parties are recognised initially at transaction price plus attributable transaction costs. Subsequently they are measured at amortised cost using the effective interest method, less any impairment losses in the case of trade and other debtors, and loans to related parties.
Cash and cash equivalents comprise cash balances and call deposits.


3.


Employees

The average monthly number of employees, including directors, during the period was 1 (2023 - 1).

Page 2

 
POPPINGA LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

4.


Investment property


Freehold investment property

$



Valuation


Additions at cost
2,650,654



At 31 December 2024
2,650,654

The 2024 valuations were made by the Director, on an open market value for existing use basis.





If the Investment properties had been accounted for under the historic cost accounting rules, the properties would have been measured as follows:

2024
2023
$
$


Historic cost
2,650,654
2,650,654


5.


Creditors: Amounts falling due within one year

2024
2023
$
$

Other creditors
95,260
138,583

Accruals and deferred income
7,137
6,612

102,397
145,195



6.


Share capital

2024
2023
$
$
Allotted, called up and fully paid



100 (2023 - 100) Ordinary shares of $1.11 each
111
111
2,650,654 (2023 - 2,650,654) Ordinary A shares of $1.00 each
2,650,654
2,650,654

2,650,765

2,650,765


 
Page 3