Peter Paul Europe Limited 10220420 false 2023-07-01 2024-06-30 2024-06-30 The principal activity of the company is Dormant Digita Accounts Production Advanced 6.30.9574.0 true true true 10220420 2023-07-01 2024-06-30 10220420 2024-06-30 10220420 core:CurrentFinancialInstruments core:WithinOneYear 2024-06-30 10220420 bus:SmallEntities 2023-07-01 2024-06-30 10220420 bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 10220420 bus:AbridgedAccounts 2023-07-01 2024-06-30 10220420 bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 10220420 bus:RegisteredOffice 2023-07-01 2024-06-30 10220420 bus:Director1 2023-07-01 2024-06-30 10220420 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 10220420 bus:Agent1 2023-07-01 2024-06-30 10220420 core:ParentEntities 2023-07-01 2024-06-30 10220420 1 2023-07-01 2024-06-30 10220420 countries:EnglandWales 2023-07-01 2024-06-30 10220420 2022-07-01 2023-06-30 10220420 2023-06-30 10220420 core:CurrentFinancialInstruments core:WithinOneYear 2023-06-30 iso4217:GBP xbrli:pure

Registration number: 10220420

Peter Paul Europe Limited

Annual Report and Unaudited Abridged Financial Statements

for the Year Ended 30 June 2024

 

Peter Paul Europe Limited

Contents

Company Information

1

Director's Report

2

Accountants' Report

3

Abridged Balance Sheet

4

Notes to the Unaudited Abridged Financial Statements

5 to 6

 

Peter Paul Europe Limited

Company Information

Director

J A Alejandro

Registered office

Office 2, 1st Floor
41 - 43 Liverpool Road
Cadishead
Manchester
M44 5BQ

Accountants

Hutton Pike Limited
Chartered Certified Accountants
Office 2, 1st Floor
41 - 43 Liverpool Road
Cadishead
Manchester
M44 5BQ

 

Peter Paul Europe Limited

Director's Report for the Year Ended 30 June 2024

The director presents his report and the abridged financial statements for the year ended 30 June 2024.

Director of the company

The director who held office during the year was as follows:

J A Alejandro

Principal activity

The principal activity of the company is Dormant

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 20 August 2024
 

.........................................
J A Alejandro
Director

 

Chartered Certified Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Peter Paul Europe Limited
for the Year Ended 30 June 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Peter Paul Europe Limited for the year ended 30 June 2024 as set out on pages 4 to 6 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/gb/en/member/standards/rules-and-standards/rulebook.html.

This report is made solely to the Board of Directors of Peter Paul Europe Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Peter Paul Europe Limited and state those matters that we have agreed to state to the Board of Directors of Peter Paul Europe Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/gb/en/technical-activities/technical-resources-search/2009/
october/factsheet-163-audit-exempt-companies.html. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Peter Paul Europe Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Peter Paul Europe Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Peter Paul Europe Limited. You consider that Peter Paul Europe Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Peter Paul Europe Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Hutton Pike Limited
Chartered Certified Accountants
Office 2, 1st Floor
41 - 43 Liverpool Road
Cadishead
Manchester
M44 5BQ

20 August 2024

 

Peter Paul Europe Limited

(Registration number: 10220420)
Abridged Balance Sheet as at 30 June 2024

Note

2024
£

2023
£

Current assets

 

Cash at bank and in hand

 

1

1

Creditors: Amounts falling due within one year

(7,883)

(6,889)

Total assets less current liabilities

 

(7,882)

(6,888)

Accruals and deferred income

 

(600)

-

Net liabilities

 

(8,482)

(6,888)

Capital and reserves

 

Called up share capital

1

1

Retained earnings

(8,483)

(6,889)

Shareholders' deficit

 

(8,482)

(6,888)

For the financial year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

All of the company’s members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the director on 20 August 2024
 

.........................................
J A Alejandro
Director

 

Peter Paul Europe Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 June 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales. The company's registration number is 10220420.

The address of its registered office is:
Office 2, 1st Floor
41 - 43 Liverpool Road
Cadishead
Manchester
M44 5BQ

These financial statements were authorised for issue by the director on 20 August 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The company has not traded during the year. The company has only incurred costs to comply with its statutory obligations.

Going concern

The director has agreed to continue to support the company for twelve months from the date that the financial statements are approved. Accordingly, the director considers it appropriate for the financial statements to be prepared on a going concern basis.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

Peter Paul Europe Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 30 June 2024

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

4

Dividends

5

Related party transactions

Summary of transactions with parent

Phildesco Limited
 The parent company, Phildesco Limited, has settled the companies liabilities. At 30 June 2024 the company owed Phildesco Limited £7,489 (2023 : £5,916).
 

6

Parent and ultimate parent undertaking

The company's immediate parent is Phildesco Limited, incorporated in Hong Kong.

 The ultimate parent is Wincom Pacific Limited, incorporated in British Virgin Islands.