REGISTERED NUMBER: 14183273 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

POPPY ROAD INVESTMENTS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J Daniels

Mrs K Daniels

SECRETARY:

REGISTERED OFFICE:

29 Gildredge Road

Eastbourne

East Sussex

BN21 4RU

REGISTERED NUMBER:

14183273 (England and Wales)

ACCOUNTANTS:

Advanta

Chartered Accountants

29 Gildredge Road

Eastbourne

East Sussex

BN21 4RU

FIXED ASSETS

Investment property

4

230,000

110,000

CURRENT ASSETS

Debtors

5

5,460

3,705

Cash at bank

9,872

13,436

15,332

17,141

CREDITORS

Amounts falling due within one year

6

92,049

117,782

NET CURRENT LIABILITIES

(76,717

)

(100,641

)

TOTAL ASSETS LESS CURRENT LIABILITIES

153,283

9,359

CREDITORS

Amounts falling due after more than one year

7

(131,594

)

-

PROVISIONS FOR LIABILITIES

9

(4,513

)

(2,169

)

NET ASSETS

17,176

7,190

CAPITAL AND RESERVES

Called up share capital

100

100

Fair value reserve

10

25,954

12,827

Retained earnings

(8,878

)

(5,737

)

SHAREHOLDERS' FUNDS

17,176

7,190

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 22 December 2025 and were signed on its behalf by:

Mrs K Daniels - Director

J Daniels - Director

1.	STATUTORY INFORMATION

Poppy Road Investments Ltd 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 as modified by the revaluation of certain assets.

These financial statements have been prepared on the basis that the company will continue to be a going concern. If this assumption is not considered valid, then adjustments would need to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that might arise and to reclassify fixed assets and long term liabilities as current assets and liabilities.

The validity of the going concern basis depends upon the continued support of the company directors and creditors.

Turnover

Turnover represents amounts receivable for investment property rental income.

Revenue from the sale of services is recognised by reference to the stage of completion and when the costs incurred and costs to complete can be estimated reliably. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recovered.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

110,000

Additions

103,793

Revaluations

16,207

At 31 March 2025

230,000

NET BOOK VALUE

At 31 March 2025

230,000

At 31 March 2024

110,000

Fair value at 31 March 2025 is represented by:

£

Valuation in 2024

15,836

Valuation in 2025

16,207

Cost

197,957

230,000

If investment property had not been revalued 2025 would have been included at the following historical cost:

2025

2024

£

£

Cost

197,957

94,164

Investment property was valued on an open market basis on 31 March 2025 by the directors .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Prepayments

5,460

3,705

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other loans

10,000

10,000

Directors' current accounts

81,089

106,822

Accrued expenses

960

960

92,049

117,782

Creditors include loans of £81,089 (2024 : £106,822) from the directors. The loans are unsecured, repayable on demand and interest-free.

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans more 5 yr by instal

131,594

-

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

131,594

-

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

131,594

-

9.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

Deferred tax on losses

(1,575

)

(840

)

Investment property fair value

6,088

3,009

4,513

2,169

Deferred

tax

£

Balance at 1 April 2024

2,169

Provided during year

(735

)

Revaluation

3,079

Balance at 31 March 2025

4,513

10.

RESERVES

Fair

value

reserve

£

At 1 April 2024

12,827

Reserve transfer

13,127

At 31 March 2025

25,954

11.	RELATED PARTY DISCLOSURES

At the balance sheet date £81,089 (2024 : £106,822) was owed to the company directors. The loans are unsecured, repayable on demand and interest-free.