Caseware UK (AP4) 2023.0.135 2023.0.135 2023-10-312023-10-312022-11-01falseWholesale of pharmaceutical goods22falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 12935989 2022-11-01 2023-10-31 12935989 2021-11-01 2022-10-31 12935989 2023-10-31 12935989 2022-10-31 12935989 2021-11-01 12935989 c:Director1 2022-11-01 2023-10-31 12935989 d:CurrentFinancialInstruments 2023-10-31 12935989 d:CurrentFinancialInstruments 2022-10-31 12935989 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 12935989 d:CurrentFinancialInstruments d:WithinOneYear 2022-10-31 12935989 d:ShareCapital 2022-11-01 2023-10-31 12935989 d:ShareCapital 2023-10-31 12935989 d:ShareCapital 2021-11-01 2022-10-31 12935989 d:ShareCapital 2022-10-31 12935989 d:ShareCapital 2021-11-01 12935989 d:RetainedEarningsAccumulatedLosses 2022-11-01 2023-10-31 12935989 d:RetainedEarningsAccumulatedLosses 2023-10-31 12935989 d:RetainedEarningsAccumulatedLosses 2021-11-01 2022-10-31 12935989 d:RetainedEarningsAccumulatedLosses 2022-10-31 12935989 d:RetainedEarningsAccumulatedLosses 2021-11-01 12935989 c:FRS102 2022-11-01 2023-10-31 12935989 c:AuditExemptWithAccountantsReport 2022-11-01 2023-10-31 12935989 c:FullAccounts 2022-11-01 2023-10-31 12935989 c:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 12935989 e:PoundSterling 2022-11-01 2023-10-31 iso4217:GBP xbrli:pure

Registered number: 12935989










PPE EUROPE LTD








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2023

 
PPE EUROPE LTD
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF PPE EUROPE LTD
FOR THE YEAR ENDED 31 OCTOBER 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of PPE Europe Ltd for the year ended 31 October 2023 which comprise the Balance sheet and the related notes from the Company's accounting records and from information and explanations you have given to us.
 

This report is made solely to the Board of Directors of PPE Europe Ltd, as a body, in accordance with the terms of our agreement. Our work has been undertaken solely to prepare for your approval the financial statements of PPE Europe Ltd and state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than PPE Europe Ltd and its  Board of Directors, as a body, for our work or for this report.
 
 
It is your duty to ensure that PPE Europe Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the Company's assets, liabilities, financial position and loss. You consider that PPE Europe Ltd is exempt from the statutory audit requirement for the year.
 
 
We have not been instructed to carry out an audit or review of the financial statements of PPE Europe Ltd. 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 financial statements.







Shipleys Tax Planning
 

23 October 2024
Page 1

 
PPE EUROPE LTD
REGISTERED NUMBER: 12935989

BALANCE SHEET
AS AT 31 OCTOBER 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
100
100

Cash at bank and in hand
 5 
3,783
417

  
3,883
517

Creditors: amounts falling due within one year
 6 
(5,479)
(1,009)

Net current liabilities
  
 
 
(1,596)
 
 
(492)

Total assets less current liabilities
  
(1,596)
(492)

  

Net liabilities
  
(1,596)
(492)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(1,696)
(592)

  
(1,596)
(492)


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 23 October 2024.






Tariq Amor Amin
Director

The notes on pages 5 to 6 form part of these financial statements.

Page 2

 
PPE EUROPE LTD
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 OCTOBER 2023


Called up share capital
Profit and loss account
Total equity

£
£
£

At 1 November 2022
100
(592)
(492)


Comprehensive income for the year

Loss for the year

-
(1,104)
(1,104)


Other comprehensive income for the year
-
-
-


Total comprehensive income for the year
-
(1,104)
(1,104)


Total transactions with owners
-
-
-


At 31 October 2023
100
(1,696)
(1,596)


The notes on pages 5 to 6 form part of these financial statements.

Page 3

 
PPE EUROPE LTD
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 OCTOBER 2022


Called up share capital
Profit and loss account
Total equity

£
£
£

At 1 November 2021
100
(675)
(575)


Comprehensive income for the year

Profit for the year

-
83
83


Other comprehensive income for the year
-
-
-


Total comprehensive income for the year
-
83
83


Total transactions with owners
-
-
-


At 31 October 2022
100
(592)
(492)


The notes on pages 5 to 6 form part of these financial statements.

Page 4

 
PPE EUROPE LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

1.


General information

PPE Europe Ltd is a company domiciled in England and Wales, registration number 129359893.  The registered office is Wharf House, Victoria Quays, Wharf Street, Sheffield, S2 5SY.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

 
2.3

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.4

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.5

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 5

 
PPE EUROPE LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

3.


Employees

2023
2022
£
£

Wages and salaries
6,904
3,695

6,904
3,695


The average monthly number of employees, including the directors, during the year was as follows:


        2023
        2022
            No.
            No.







Administration
2
2


4.


Debtors

2023
2022
£
£


Other debtors
100
100

100
100



5.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
3,783
417

3,783
417



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other creditors
4,039
289

Accruals and deferred income
1,440
720

5,479
1,009



Page 6