REGISTERED NUMBER: 00465486 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Poplars Manufacturing Co. (Studley)

Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A R Morrison

DT Marshall

RW Crompton

SECRETARY:

A R Morrison

REGISTERED OFFICE:

20 Gavin Way

Nexus Point

Holford Broadlands

Birmingham

West Midlands

B6 7AF

REGISTERED NUMBER:

00465486 (England and Wales)

ACCOUNTANTS:

Locke Williams Associates LLP

Chartered Accountants

Studio 2

50-54 St Pauls Square

Birmingham

West Midlands

B3 1QS

FIXED ASSETS

Tangible assets

4

2,317

3,933

Investment property

5

750,000

750,000

752,317

753,933

CURRENT ASSETS

Debtors

6

8,310

13,243

Cash at bank

42,603

40,389

50,913

53,632

CREDITORS

Amounts falling due within one year

7

12,880

12,607

NET CURRENT ASSETS

38,033

41,025

TOTAL ASSETS LESS CURRENT LIABILITIES

790,350

794,958

PROVISIONS FOR LIABILITIES

39,374

39,702

NET ASSETS

750,976

755,256

CAPITAL AND RESERVES

Called up share capital

8

5,000

5,000

Revaluation reserve

9

268,921

268,921

Retained earnings

9

477,055

481,335

SHAREHOLDERS' FUNDS

750,976

755,256

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 3 October 2025 and were signed on its behalf by:

A R Morrison - Director

DT Marshall - Director

1.	STATUTORY INFORMATION

Poplars Manufacturing Co. (Studley) 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

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

-

25% on cost

Fixtures and fittings

-

25% on cost

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.

For the purposes of clarity, any surplus arising on revaluation is then transferred and held in a separate 'Fair value' reserve, so as to distinguish this from other realised and distributable reserves. The transfer is made after accounting for any element of deferred tax provided for in respect of the revalued property.

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.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

14,974

1,123

16,097

DEPRECIATION

At 1 April 2024

11,041

1,123

12,164

Charge for year

1,616

-

1,616

At 31 March 2025

12,657

1,123

13,780

NET BOOK VALUE

At 31 March 2025

2,317

-

2,317

At 31 March 2024

3,933

-

3,933

5.	INVESTMENT PROPERTY

Total

£

COST OR VALUATION

At 1 April 2024

and 31 March 2025

750,000

NET BOOK VALUE

At 31 March 2025

750,000

At 31 March 2024

750,000

The directors consider the current market value of the properties to be £750,000. The revaluation has been made accordingly.

Cost or valuation at 31 March 2025 is represented by:

£

Valuation in 2017

252,765

Valuation in 2023

63,283

Cost

433,952

750,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

4,276

10,786

Other debtors

4,034

2,457

8,310

13,243

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Payments on account

2,728

2,728

Trade creditors

629

2,267

Taxation and social security

-

1,461

Other creditors

9,523

6,151

12,880

12,607

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

5,000

Ordinary shares

1

5,000

5,000

9.

RESERVES

Retained

Revaluation

earnings

reserve

Totals

£

£

£

At 1 April 2024

481,335

268,921

750,256

Deficit for the year

(4,280

)

(4,280

)

At 31 March 2025

477,055

268,921

745,976

The revaluation reserve is stated after provision for the deferred tax that potentially will arise on the future disposals of the investment property at its stated value of £750,000.

10.	ULTIMATE CONTROLLING PARTY

The controlling party is A R Morrison.