Poppy Consultancy Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04328005 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2022

FOR

POPPY CONSULTANCY LIMITED

Page

Balance Sheet

1

FIXED ASSETS

2,931

3,758

CURRENT ASSETS

48,401

50,057

CREDITORS

Amounts falling due within one year

(1,867

)

(2,923

)

NET CURRENT ASSETS

46,534

47,134

TOTAL ASSETS LESS CURRENT LIABILITIES

49,465

50,892

CREDITORS

Amounts falling due after more than one year

4,526

5,088

NET ASSETS

44,939

45,804

CAPITAL AND RESERVES

44,939

45,804

NOTES TO THE FINANCIAL STATEMENTS

1.	STATUTORY INFORMATION

Poppy Consultancy Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

04328005

Registered office:

71-75 Shelton Street

Covent Garden

London

WC2H 9JQ

2.	AVERAGE NUMBER OF EMPLOYEES INCLUDING DIRECTORS

The average number of employees during the year was 1 (2021 - 1 ) .

3.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2022 and 31 March 2021:

31.3.22

31.3.21

£

£

Ms S Dawood

Balance outstanding at start of year

-

-

Amounts advanced

5,000

-

Amounts repaid

(2,115

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

2,885

-

During the year the director received an interest free loan of £5,000 from the company. Repayments totalling £2,115 have been made by 31 March 2022 such that the director owed the company £2,885 at the year end. The balance is repayable on demand.

4.	OTHER FINANCIAL COMMITMENTS

The company borrowed £5,500 under the CoronaVirus Bounce Back Loan Scheme (BBLS) during the year ended 31 March 2021. The terms of the scheme are such that the government guarantees 100% of the loan and pays any fees and interest payments for the first 12 months (Business Interruption Payment).

The interest rate for the BBLS is fixed at 2.5% per annum and the loan is repayable over 10 years.

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 19 December 2022 and were signed by:

Ms S Dawood - Director