Company Registration No. 05672758 (England and Wales)
P & P INVESTMENTS LIMITED
Unaudited accounts
for the year ended 31 January 2023
P & P INVESTMENTS LIMITED
Unaudited accounts
Contents
P & P INVESTMENTS LIMITED
Company Information
for the year ended 31 January 2023
Directors
Mr P Jones
Mr P Oakes
Company Number
05672758 (England and Wales)
Registered Office
BEECH HOUSE, 23 LADIES LANE
HINDLEY
WIGAN
WN2 2QA
Accountants
P A Hull & Co
Beech House
23 Ladies Lane
Hindley, Wigan
Lancashire
WN2 2QA
P & P INVESTMENTS LIMITED
Statement of financial position
as at 31 January 2023
Tangible assets
869,353
869,365
Cash at bank and in hand
52,102
103,941
Creditors: amounts falling due within one year
(679,067)
(675,147)
Net current liabilities
(626,865)
(571,106)
Total assets less current liabilities
242,488
298,259
Creditors: amounts falling due after more than one year
(193,290)
(258,890)
Provisions for liabilities
Called up share capital
100
100
Profit and loss account
49,089
39,258
Shareholders' funds
49,189
39,358
For the year ending 31 January 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 11 April 2024 and were signed on its behalf by
Mr P Jones
Director
Company Registration No. 05672758
P & P INVESTMENTS LIMITED
Notes to the Accounts
for the year ended 31 January 2023
P & P INVESTMENTS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 05672758. The registered office is BEECH HOUSE, 23 LADIES LANE, HINDLEY, WIGAN, WN2 2QA.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
2% Straight line
Computer equipment
25% reducing balance
4
Tangible fixed assets
Land & buildings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 February 2022
988,039
4,449
992,488
At 31 January 2023
988,039
4,449
992,488
At 1 February 2022
118,733
4,390
123,123
Charge for the year
-
12
12
At 31 January 2023
118,733
4,402
123,135
At 31 January 2023
869,306
47
869,353
At 31 January 2022
869,306
59
869,365
Amounts falling due within one year
P & P INVESTMENTS LIMITED
Notes to the Accounts
for the year ended 31 January 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
672,137
668,257
Taxes and social security
4,878
5,838
7
Creditors: amounts falling due after more than one year
2023
2022
Other creditors
193,290
258,890
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 1 (2022: 1).