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REGISTERED NUMBER: 14537634 (England and Wales)














Unaudited Financial Statements

For The Period

13th December 2022 to 31st December 2023

for

P3 Group Holding Ltd

P3 Group Holding Ltd (Registered number: 14537634)






Contents of the Financial Statements
For The Period 13th December 2022 to 31st December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

P3 Group Holding Ltd

Company Information
For The Period 13th December 2022 to 31st December 2023







DIRECTOR: R Bedjaoui





REGISTERED OFFICE: 23 Hill Street
Mayfair
London
W1J 5LW





REGISTERED NUMBER: 14537634 (England and Wales)





ACCOUNTANTS: Wildin (Accountants & Auditors) Ltd
Kings Buildings
Lydney
Gloucestershire
GL15 5HE

P3 Group Holding Ltd (Registered number: 14537634)

Balance Sheet
31st December 2023

Notes £    £   
FIXED ASSETS
Tangible assets 4 291,757
Investments 5 -
291,757

CURRENT ASSETS
Debtors 6 235,563
Cash at bank and in hand 11,429
246,992
CREDITORS
Amounts falling due within one year 7 636,022
NET CURRENT LIABILITIES (389,030 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(97,273

)

PROVISIONS FOR LIABILITIES 8 7,965
NET LIABILITIES (105,238 )

CAPITAL AND RESERVES
Called up share capital 9 1,000
Retained earnings 10 (106,238 )
SHAREHOLDERS' FUNDS (105,238 )

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31st December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

P3 Group Holding Ltd (Registered number: 14537634)

Balance Sheet - continued
31st December 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 and authorised for issue by the director and authorised for issue on 9th September 2024 and were signed by:





R Bedjaoui - Director


P3 Group Holding Ltd (Registered number: 14537634)

Notes to the Financial Statements
For The Period 13th December 2022 to 31st December 2023

1. STATUTORY INFORMATION

P3 Group Holding Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates to write off each asset over it's useful life.
Short Leasehold - Straight line depreciation over 56.5 months
Fixtures and fittings - 15% of initial cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the period 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 period 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

P3 Group Holding Ltd (Registered number: 14537634)

Notes to the Financial Statements - continued
For The Period 13th December 2022 to 31st December 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Short and
leasehold fittings Totals
£    £    £   
COST
Additions 308,018 8,494 316,512
At 31st December 2023 308,018 8,494 316,512
DEPRECIATION
Charge for period 24,532 223 24,755
At 31st December 2023 24,532 223 24,755
NET BOOK VALUE
At 31st December 2023 283,486 8,271 291,757

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
Additions 1,000
Disposals (1,000 )
At 31st December 2023 -
NET BOOK VALUE
At 31st December 2023 -

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 235,563

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Owing to Associated Company 566,647
Deferred income 38,393
Accrued expenses 30,982
636,022

8. PROVISIONS FOR LIABILITIES
£   
Other provisions 7,965

P3 Group Holding Ltd (Registered number: 14537634)

Notes to the Financial Statements - continued
For The Period 13th December 2022 to 31st December 2023

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
1,000 Ordinary £1 1,000

1,000 Ordinary shares of £1 were issued during the period for cash of £ 1,000 .

10. RESERVES
Retained
earnings
£   

Deficit for the period (106,238 )
At 31st December 2023 (106,238 )

11. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is R Bedjaoui.

P3 Group Holding Ltd

Report of the Accountants to the Director of
P3 Group Holding Ltd

The following reproduces the text of the report prepared for the director 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 Director 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 period ended 31st December 2023 set out on pages two to six 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.






Wildin (Accountants & Auditors) Ltd
Kings Buildings
Lydney
Gloucestershire
GL15 5HE


Date: 9th September 2024