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Registration number: 03376184

Popham (Holdings) Limited
Unaudited Filleted Financial Statements
for the Period from 30 April 2023 to 28 April 2024

Popham (Holdings) Limited

Contents

Company Information | 1
Accountants' Report | 2
Balance Sheet | 3
Notes to the Unaudited Financial Statements | 4 to 8

Popham (Holdings) Limited

Company Information

Directors | Mr M L Popham Mr C H Popham Mr P H Popham Mr M A Popham Mrs M Popham

Registered office | Abergarw Service Station New Road Brynmenyn Bridgend Mid Glamorgan CF32 9LL

Accountants | Hargreaves Brown & Benson Chartered Accountants 1 Bond Street Colne Lancashire BB8 9DG

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Popham (Holdings) Limited
for the Period Ended 28 April 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Popham (Holdings) Limited for the period ended 28 April 2024 as set out on pages 3 to 8 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
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of Popham (Holdings) Limited, as a body. Our work has been undertaken solely to prepare for your approval the accounts of Popham (Holdings) Limited and state those matters that we have agreed to state to the Board of Directors of Popham (Holdings) 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 Popham (Holdings) Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Popham (Holdings) Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Popham (Holdings) Limited. You consider that Popham (Holdings) Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the accounts of Popham (Holdings) 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 accounts.

......................................
Hargreaves Brown & Benson
Chartered Accountants
1 Bond Street
Colne
Lancashire
BB8 9DG

9 September 2025

Popham (Holdings) Limited

(Registration number: 03376184)
Balance Sheet as at 28 April 2024

| Note | 2024 £ | 2023 £
Fixed assets |  |  |
Investment property | 4 | 390,000 | 390,000
Investments | 5 | 100 | 100
|  | 390,100 | 390,100
Current assets |  |  |
Debtors | 6 | 23,709 | 55,878
Cash at bank and in hand |  | 15,719 | 1,143
|  | 39,428 | 57,021
Creditors: Amounts falling due within one year | 7 | (61,974) | (74,252)
Net current liabilities |  | (22,546) | (17,231)
Total assets less current liabilities |  | 367,554 | 372,869
Provisions for liabilities |  | (68,794) | (68,794)
Net assets |  | 298,760 | 304,075
Capital and reserves |  |  |
Called up share capital |  | 200 | 200
Other reserves |  | 206,381 | 206,381
Retained earnings |  | 92,179 | 97,494
Shareholders' funds |  | 298,760 | 304,075

For the financial period ending 28 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the period 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 special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

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 9 September 2025 and signed on its behalf by:

......................................... Mr M L Popham Director

Popham (Holdings) Limited

Notes to the Unaudited Financial Statements for the Period from 30 April 2023 to 28 April 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:
Abergarw Service Station
New Road
Brynmenyn
Bridgend
Mid Glamorgan
CF32 9LL

These financial statements were authorised for issue by the Board on 9 September 2025.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Popham (Holdings) Limited

Notes to the Unaudited Financial Statements for the Period from 30 April 2023 to 28 April 2024

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Popham (Holdings) Limited

Notes to the Unaudited Financial Statements for the Period from 30 April 2023 to 28 April 2024

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the period was 5 (2023 - 5).

4 | Investment properties

| 2024 £
At 30 April | 390,000
At 28 April | 390,000

There has been no valuation of investment property by an independent valuer.

5 | Investments

| 2024 £ | 2023 £
Investments in subsidiaries | 100 | 100

Popham (Holdings) Limited

Notes to the Unaudited Financial Statements for the Period from 30 April 2023 to 28 April 2024

Subsidiaries | £
Cost or valuation
At 30 April 2023 | 100
Provision
Carrying amount
At 28 April 2024 | 100
At 29 April 2023 | 100

Details of undertakings

Details of the investments (including principal place of business of unincorporated entities) in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking | Registered office | Holding | Proportion of voting rights and shares held
|  |  | 2024 | 2023
Subsidiary undertakings
Colebrid Plant Limited | Abergarw Service Station New Road Brynmenyn Bridgend Mid Glamorgan CF32 9LL United Kingdom | Ordinary | 100% | 100%

Popham (Holdings) Limited

Notes to the Unaudited Financial Statements for the Period from 30 April 2023 to 28 April 2024

6 | Debtors

| Note | 2024 £ | 2023 £
Trade debtors |  | 23,709 | 12,634
Amounts owed by group undertakings and undertakings in which the company has a participating interest | 8 | - | 43,244
|  | 23,709 | 55,878

7 | Creditors

Creditors: amounts falling due within one year

| Note | 2024 £ | 2023 £
Due within one year |  |  |
Trade creditors |  | 10,560 | 10,534
Amounts owed to group undertakings and undertakings in which the company has a participating interest | 8 | 37,417 | -
Taxation and social security |  | - | 2,844
Accruals and deferred income |  | 12,899 | 12,059
Other creditors |  | 1,098 | 48,815
|  | 61,974 | 74,252

8 | Related party transactions

Summary of transactions with subsidiaries

Colebrid Plant Limited
Popham (Holdings) Limited advanced loan facilities of £37,417 to Colebrid Plant Limited (2023 - £43,244 received loan facilities from Colebrid Plant Limited). The loan is unsecured and there are no fixed terms for repayment.
Popham (Holdings) Limited did not receive a dividend during the year from Colebrid Plant Limited (2023 - £68,000).