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REGISTERED NUMBER: 02693534 (England and Wales)















Financial Statements for the Year Ended 29 February 2024

for

PP LIMITED

PP LIMITED (REGISTERED NUMBER: 02693534)

Contents of the Financial Statements
for the year ended 29 February 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


PP LIMITED

Company Information
for the year ended 29 February 2024







DIRECTOR: R P Lewis





REGISTERED OFFICE: Driftstone Manor
Middleway
Kingston Gorse
East Preston
West Sussex
BN16 1SB





REGISTERED NUMBER: 02693534 (England and Wales)






PP LIMITED (REGISTERED NUMBER: 02693534)

Balance Sheet
29 February 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 4 55,300 4,057
Cash at bank 27,743 159,627
83,043 163,684
CREDITORS
Amounts falling due within one year 5 (74,108 ) (130,713 )
NET CURRENT ASSETS 8,935 32,971
TOTAL ASSETS LESS CURRENT
LIABILITIES

8,935

32,971

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 8,735 32,771
SHAREHOLDERS' FUNDS 8,935 32,971

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 November 2024 and were signed by:





R P Lewis - Director


PP LIMITED (REGISTERED NUMBER: 02693534)

Notes to the Financial Statements
for the year ended 29 February 2024


1. STATUTORY INFORMATION

PP Limited 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 represents commissions on net invoiced sales of services, excluding value added tax.

Going concern
The financial statements have been prepared on the going concern basis, which presumes that the company will continue in operational existence for the foreseeable future, being a period of at least 12 months from the date of approval of these financial statements.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 55,300 4,057

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 47,287 103,397
Taxation and social security 26,821 27,316
74,108 130,713

6. RELATED PARTY DISCLOSURES

During the year, the company provided the services of consultants to businesses of which R P Lewis is also director. The commission earned on this provision was £11,224 (2023: £16,868).