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REGISTERED NUMBER: 04382695















Unaudited Financial Statements for the Year Ended 31 May 2023

for

P & P Invest Limited

P & P Invest Limited (Registered number: 04382695)






Contents of the Financial Statements
for the Year Ended 31 May 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

P & P Invest Limited

Company Information
for the Year Ended 31 May 2023







DIRECTORS: P Pearson
K Pattinson





REGISTERED OFFICE: Units 17-18 Endeavour Building
Shamrock Quay
William Street
Southampton
Hampshire
SO14 5QL





REGISTERED NUMBER: 04382695





ACCOUNTANTS: Johnston Wood Roach Limited
24 Picton House
Hussar Court
Waterlooville
Hampshire
PO7 7SQ

P & P Invest Limited (Registered number: 04382695)

Balance Sheet
31 May 2023

31.5.23 31.5.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,455 3,218

CURRENT ASSETS
Debtors 5 209,799 178,026
Investments 6 7,077 8,498
Cash at bank and in hand 60,828 76,901
277,704 263,425
CREDITORS
Amounts falling due within one year 7 278,311 257,773
NET CURRENT (LIABILITIES)/ASSETS (607 ) 5,652
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,848

8,870

CREDITORS
Amounts falling due after more than one
year

8

-

(8,333

)

PROVISIONS FOR LIABILITIES (517 ) (317 )
NET ASSETS 1,331 220

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,231 120
SHAREHOLDERS' FUNDS 1,331 220

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 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.

P & P Invest Limited (Registered number: 04382695)

Balance Sheet - continued
31 May 2023


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 18 October 2023 and were signed on its behalf by:





P Pearson - Director


P & P Invest Limited (Registered number: 04382695)

Notes to the Financial Statements
for the Year Ended 31 May 2023

1. STATUTORY INFORMATION

P & P Invest Limited is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

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

Accounts are rounded to the nearest pound.

The accounts represent the company as an individual entity.

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.

Turnover
Turnover represents net invoiced sales of services, excluding VAT.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on cost

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2022 - 7 ) .

P & P Invest Limited (Registered number: 04382695)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 June 2022 1,675 6,153 7,828
Additions 279 - 279
At 31 May 2023 1,954 6,153 8,107
DEPRECIATION
At 1 June 2022 557 4,053 4,610
Charge for year 349 693 1,042
At 31 May 2023 906 4,746 5,652
NET BOOK VALUE
At 31 May 2023 1,048 1,407 2,455
At 31 May 2022 1,118 2,100 3,218

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Other debtors 209,799 178,026

6. CURRENT ASSET INVESTMENTS
31.5.23 31.5.22
£    £   
Listed investments 7,077 8,498

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Bank loans and overdrafts 8,333 25,392
Trade creditors (1,960 ) (621 )
Taxation and social security 267,044 219,226
Other creditors 4,894 13,776
278,311 257,773

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.5.23 31.5.22
£    £   
Bank loans - 8,333

P & P Invest Limited (Registered number: 04382695)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 May 2023 and 31 May 2022:

31.5.23 31.5.22
£    £   
K Pattinson
Balance outstanding at start of year 74,043 78,118
Amounts advanced 288,887 287,286
Amounts repaid (260,052 ) (291,361 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 102,878 74,043

P Pearson
Balance outstanding at start of year 90,261 (12,405 )
Amounts advanced 370,360 501,596
Amounts repaid (357,809 ) (398,930 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 102,812 90,261

At the year end the directors owed the company £205,690 (2022 - £164,305).

P & P Invest Limited

Report of the Accountants to the Directors of
P & P Invest Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 May 2023 set out on pages three to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Johnston Wood Roach Limited
24 Picton House
Hussar Court
Waterlooville
Hampshire
PO7 7SQ


Date: .............................................