POPPY BEX LTD - Abbreviated accounts

Registered number

07888429

POPPY BEX LTD

ABBREVIATED ACCOUNTS

31 DECEMBER 2015

POPPY BEX LTD

ABBREVIATED BALANCE SHEET

as at 31 December 2015
Company Registration No.		07888429


Notes				2015			2014
£					£
Fixed assets
Tangible assets		2		3,873			4,092

Current assets
Debtors			4,150			1,793
Cash at bank and in hand			42,720			35,556
			46,870			37,349

Creditors: amounts falling due within one year			(50,521)			(40,559)

Net current liabilities				(3,651)			(3,210)

Net assets				222			882

Capital and reserves
Called up share capital		3		200			200
Profit and loss account				22			682

Shareholders' funds				222			882

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.

Director's responsibilities:
-	The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-	The director acknowledges his responsibilities for complying with the requirements of the act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime within Part 15 of the Companies Act 2006 and with the Financial Reporting Standard for Smaller Entities (effective January 2015).


Approved by the board on 21 December 2016



………………………………………
William Elliott Bex
Director

POPPY BEX LTD

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2015


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).


	Turnover
	Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided at rates calculated to write off the cost or valuation less estimated residual value of each asset over its expected useful life, as follows:

	Fixtures, fittings and equipment			20% straight line

	Deferred taxation
	Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un-discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse.

	Foreign currencies
	Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account.


2	Tangible fixed assets					£

	Cost
	At 1 January 2015					6,603
	Additions					1,378
	At 31 December 2015					7,981

	Depreciation
	At 1 January 2015					2,511
	Charge for the year					1,597
	At 31 December 2015					4,108

	Net book value
	At 31 December 2015					3,873
	At 31 December 2014					4,092


3	Share capital	Nominal		2015		2015		2014
value			Number		£		£
	Allotted, called up and fully paid:
	A Ordinary shares	£1 each		50		50		50
	B Ordinary shares	£1 each		50		50		50
	Ordinary shares	£1 each		100		100		100
						200		200

	Ordinary shares have 100% voting right and "A" ordinary shares and "B" ordinary shares have 0% voting right.