P.P.S. (HOLDINGS) LIMITED

Company Registration Number:
12295443 (England and Wales)

Unaudited abridged accounts for the year ended 30 December 2023

Period of accounts

Start date: 31 December 2022

End date: 30 December 2023

P.P.S. (HOLDINGS) LIMITED

Contents of the Financial Statements

for the Period Ended 30 December 2023

Balance sheet
Notes

P.P.S. (HOLDINGS) LIMITED

Balance sheet

As at 30 December 2023


Notes

2023

2022


£

£
Fixed assets
Investments: 3 2,261,250 2,261,250
Total fixed assets: 2,261,250 2,261,250
Current assets
Debtors:   53,380 53,380
Total current assets: 53,380 53,380
Creditors: amounts falling due within one year: 4 (327,628) (402,723)
Net current assets (liabilities): (274,248) (349,343)
Total assets less current liabilities: 1,987,002 1,911,907
Creditors: amounts falling due after more than one year: 5 (1,263,491) (1,466,525)
Total net assets (liabilities): 723,511 445,382
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 723,411 445,282
Shareholders funds: 723,511 445,382

The notes form part of these financial statements

P.P.S. (HOLDINGS) LIMITED

Balance sheet statements

For the year ending 30 December 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 01 September 2024
and signed on behalf of the board by:

Name: Pauline Shannon
Status: Director

The notes form part of these financial statements

P.P.S. (HOLDINGS) LIMITED

Notes to the Financial Statements

for the Period Ended 30 December 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

P.P.S. (HOLDINGS) LIMITED

Notes to the Financial Statements

for the Period Ended 30 December 2023

2. Employees

2023 2022
Average number of employees during the period 1 1

P.P.S. (HOLDINGS) LIMITED

Notes to the Financial Statements

for the Period Ended 30 December 2023

3. Fixed investments

Shares in group undertakings and participating interest

P.P.S. (HOLDINGS) LIMITED

Notes to the Financial Statements

for the Period Ended 30 December 2023

4. Creditors: amounts falling due within one year note

The company's bank borrowings are secured by a fixed charge over the assets of the company, together with a cross guarantee provided by its subsidiary companies.

P.P.S. (HOLDINGS) LIMITED

Notes to the Financial Statements

for the Period Ended 30 December 2023

5. Creditors: amounts falling due after more than one year note

Other creditors comprise of £650,000 (2022 - £650,000) redeemable preference shares of £1 each. The redeemable preference shares are redeemable at par at the discretion of the company with a fixed redemption date of 20 December 2024. The preference shares carry a fixed rate dividend of 5% of the nominal value of each preference share.