1 April 2024 v2025.37.2 limited_company_frs_102_section_1a_v1_1_2 companies_houseSoftwarefalsetruetruetrueNo description of principal activityfalsetruexbrli:purexbrli:sharesiso4217:GBP112884832024-04-012025-03-31112884832025-03-31112884832024-03-3111288483core:WithinOneYear2025-03-3111288483core:WithinOneYear2024-03-3111288483core:ShareCapital2025-03-3111288483core:ShareCapital2024-03-3111288483core:RetainedEarningsAccumulatedLosses2025-03-3111288483core:RetainedEarningsAccumulatedLosses2024-03-3111288483bus:Director12024-04-012025-03-3111288483bus:RegisteredOffice2024-04-012025-03-3111288483core:OfficeEquipment2024-04-012025-03-3111288483core:FurnitureFittings2024-04-012025-03-31112884832023-04-012024-03-3111288483core:PlantMachinery2024-04-0111288483core:PlantMachinery2024-04-012025-03-3111288483core:PlantMachinery2025-03-3111288483core:PlantMachinery2024-03-311128848312024-04-012025-03-3111288483countries:EnglandWales2024-04-012025-03-3111288483bus:AuditExemptWithAccountantsReport2024-04-012025-03-3111288483bus:PrivateLimitedCompanyLtd2024-04-012025-03-3111288483bus:SmallEntities2024-04-012025-03-3111288483bus:FullAccounts2024-04-012025-03-31
Company registration number:
11288483
Popmatik Limited
Unaudited Filleted Financial Statements for the year ended
31 March 2025
Popmatik Limited
Chartered accountant's report to the board of directors on the preparation of the unaudited statutory financial statements of Popmatik Limited
Year ended
31 March 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
financial statements
of
Popmatik Limited
for the year ended
31 March 2025
which comprise the income statement, statement of income and retained earnings, statement of financial position and related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/​regulations.
This report is made solely to the Board of Directors of
Popmatik Limited
, as a body. Our work has been undertaken solely to prepare for your approval the
financial statements
of
Popmatik Limited
and state those matters that we have agreed to state to the Board of Directors of
Popmatik Limited
, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than
Popmatik Limited
and its Board of Directors, as a body, for our work or for this report.
It is your duty to ensure that
Popmatik Limited
has kept adequate accounting records and to prepare statutory
financial statements
that give a true and fair view of the assets, liabilities, financial position and profit of
Popmatik Limited
. You consider that
Popmatik Limited
is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Popmatik Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
A&C Chartered Accountants
Marsland Chambers
1a Marsland Road
Sale Moor
Cheshire
M33 3HP
United Kingdom
Popmatik Limited
Statement of Financial Position
31 March 2025
20252024
Note££
Fixed assets    
Tangible assets 5
8,493
 
39
 
Current assets    
Debtors 6
16,897
 
18,066
 
Cash at bank and in hand
50,635
 
43,912
 
67,532
 
61,978
 
Creditors: amounts falling due within one year 7
(21,549
)
(21,138
)
Net current assets
45,983
 
40,840
 
Total assets less current liabilities 54,476   40,879  
Provisions for liabilities
(2,124
)
(8
)
Net assets
52,352
 
40,871
 
Capital and reserves    
Called up share capital
100
 
100
 
Profit and loss account
52,252
 
40,771
 
Shareholders funds
52,352
 
40,871
 
For the year ending
31 March 2025
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
financial statements
have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies’ regime.
In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered.
These
financial statements
were approved by the board of directors and authorised for issue on
19 June 2025
, and are signed on behalf of the board by:
R Leach
Director
Company registration number:
11288483
Popmatik Limited
Notes to the Financial Statements
Year ended
31 March 2025

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
15 Melbourne Avenue
,
Stretford
,
Manchester
,
M32 0DE
, United Kingdom.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Office equipment
33% straight line
Fixtures and fittings
10% straight line

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is more likely than not that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured on an undiscounted basis at the tax rates that would apply in the periods in which timing differences are expected to reverse, based on tax rates and laws enacted at the statement of financial position date.

Defined contribution pension plan

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4 Average number of employees

The average number of persons employed by the company during the year was
1
(2024:
1.00
).

5 Tangible assets

Plant and machinery etc.
£
Cost  
At
1 April 2024
5,607
 
Additions
8,731
 
At
31 March 2025
14,338
 
Depreciation  
At
1 April 2024
5,568
 
Charge
277
 
At
31 March 2025
5,845
 
Carrying amount  
At
31 March 2025
8,493
 
At 31 March 2024
39
 

6 Debtors

20252024
££
Trade debtors
16,842
 
18,018
 
Other debtors
55
 
48
 
16,897
 
18,066
 

7 Creditors: amounts falling due within one year

20252024
££
Taxation and social security
20,010
 
18,861
 
Other creditors
1,539
 
2,277
 
21,549
 
21,138
 

8 Director's advances, credit and guarantees

The following advances and credits to director R Leach subsisted during the year ended 31 March 2024 and the year ended 31 March 2025:
Year ended 31 March 2024
Balance at 01/04/2023: £733 owed to the director.
£238 was repaid to the director in the year
Balance at 31/03/2024: £971 owed to the director.
Year ended 31 March 2025
Balance at 01/04/2024: £971 owed to the director.
£659 was repaid to the director in the year.
Balance at 31/03/2025: £312 owed to the director.
The above loan is unsecured, interest free and repayable on demand.

9 Controlling party

During the year ended 31/03/2025, the director, R Leach controlled the company by virtue of a controlling interest of 100% of the issued ordinary share capital.