Company Registration No. 12009576 (England and Wales)
Pupula Properties Limited
Unaudited accounts
for the year ended 31 May 2024
Pupula Properties Limited
Unaudited accounts
Contents
Pupula Properties Limited
Company Information
for the year ended 31 May 2024
Company Number
12009576 (England and Wales)
Registered Office
71-75 Shelton Street
Covent Garden
London
WC2H 9JQ
United Kingdom
Pupula Properties Limited
Statement of financial position
as at 31 May 2024
Called up share capital not paid
417
265
Tangible assets
1,370,000
300,000
Inventories
514,397
514,397
Creditors: amounts falling due within one year
(335,701)
(230,901)
Net current assets
178,696
283,496
Total assets less current liabilities
1,549,113
583,761
Creditors: amounts falling due after more than one year
(2,050,185)
(846,625)
Net liabilities
(501,072)
(262,864)
Called up share capital
1
1
Profit and loss account
(501,073)
(262,865)
Shareholders' funds
(501,072)
(262,864)
For the year ending 31 May 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 31 May 2025 and were signed on its behalf by
Olaoluwa Popoola
Director
Company Registration No. 12009576
Pupula Properties Limited
Notes to the Accounts
for the year ended 31 May 2024
Pupula Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 12009576. The registered office is 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings
Cost or valuation
At valuation
5
Creditors: amounts falling due within one year
2024
2023
Other creditors
215,701
110,901
Loans from directors
120,000
120,000
Pupula Properties Limited
Notes to the Accounts
for the year ended 31 May 2024
6
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
2,050,185
846,625
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).