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POP ART LIMITED
REGISTERED NUMBER:03694334
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BALANCE SHEET
AS AT 31 DECEMBER 2019
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Creditors: amounts falling due within one year
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Total assets less current liabilities
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Notes
Pop Art Limited is a private company, limited by shares, registered in England and Wales, registration number 03694334. The registered office is Elsley Court, 20-22 Great Titchfield Street, London, W1W 8BE and the trading office is 2nd Floor, 9-10 Saville Row, London, W1S 1DA.
Average number of employees
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The average monthly number of employees, including directors, during the year was 1 (2018 - 1).
Going concern
As at the balance sheet date, the financial statements show that the company has liabilities in excess of assets of £535,495 (2018 - £513,486) as a result of losses made to date. The director is assessing, on a daily basis, the impact of the significant uncertainty arising from the COVID-19 virus. Whilst the director appreciates there is a significant uncertainty surrounding the future economic climate, the company is well placed to address these impacts. The director has agreed to continue to provide financial support to the company to satisfy its financial obligations for at least 12 months from the date of signature of the financial statements and therefore the accounts have been prepared on a going concern basis.
1
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POP ART LIMITED
REGISTERED NUMBER:03694334
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BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2019
The director considers that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to entities subject to the micro-entities' regime.
The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and authorised for issue by the board and were signed on its behalf by:
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Mr R Dickins
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The notes on pages 1 to 2 form part of these financial statements.
2
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