REGISTERED NUMBER: 04327718 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

POPULARIS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Ms E A Hock

REGISTERED OFFICE:

Hamilton Office Park

31 High View Close

Leicester

Leicestershire

LE4 9LJ

REGISTERED NUMBER:

04327718 (England and Wales)

ACCOUNTANTS:

TC Group

31 High View Close

Hamilton Office Park

Leicester

Leicestershire

LE4 9LJ

FIXED ASSETS

Tangible assets

4

1,002

635

CURRENT ASSETS

Debtors

5

123,978

41,267

Cash at bank

122,858

127,586

246,836

168,853

CREDITORS

Amounts falling due within one year

6

136,513

56,371

NET CURRENT ASSETS

110,323

112,482

TOTAL ASSETS LESS CURRENT LIABILITIES

111,325

113,117

PROVISIONS FOR LIABILITIES

190

121

NET ASSETS

111,135

112,996

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

111,133

112,994

111,135

112,996

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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.

The financial statements were approved by the director and authorised for issue on 17 July 2025 and were signed by:

Ms E A Hock - Director

1.	STATUTORY INFORMATION

Popularis Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on cost and 2% SL on assets

Fixtures and fittings

-

2% SL on assets

Computer equipment

-

20% on cost and 2% SL on assets

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 January 2024

5,332

490

13,698

19,520

Additions

-

-

929

929

Disposals

(332

)

(162

)

-

(494

)

At 31 December 2024

5,000

328

14,627

19,955

DEPRECIATION

At 1 January 2024

5,332

490

13,063

18,885

Charge for year

-

-

562

562

Eliminated on disposal

(332

)

(162

)

-

(494

)

At 31 December 2024

5,000

328

13,625

18,953

NET BOOK VALUE

At 31 December 2024

-

-

1,002

1,002

At 31 December 2023

-

-

635

635

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

87,952

41,267

Other debtors

36,026

-

123,978

41,267

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

80,538

13,153

Taxation and social security

6,379

11,499

Other creditors

49,596

31,719

136,513

56,371

7.	RELATED PARTY DISCLOSURES

Included in other creditors is a loan from the director of £44,365 (2023 £27,651). The loan is interest free and repayable upon demand.