PTP Accounts Production v24.3.2.46 11327020 Board of Directors 1.5.23 30.4.24 30.4.24 0 0 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh113270202023-04-30113270202024-04-30113270202023-05-012024-04-30113270202022-04-30113270202022-05-012023-04-30113270202023-04-3011327020ns15:EnglandWales2023-05-012024-04-3011327020ns14:PoundSterling2023-05-012024-04-3011327020ns10:Director12023-05-012024-04-3011327020ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3011327020ns10:SmallEntities2023-05-012024-04-3011327020ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3011327020ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3011327020ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3011327020ns10:FullAccounts2023-05-012024-04-3011327020ns10:OrdinaryShareClass12023-05-012024-04-3011327020ns10:Director22023-05-012024-04-3011327020ns10:CompanySecretary12023-05-012024-04-3011327020ns10:RegisteredOffice2023-05-012024-04-3011327020ns5:CurrentFinancialInstruments2024-04-3011327020ns5:CurrentFinancialInstruments2023-04-3011327020ns5:Non-currentFinancialInstruments2024-04-3011327020ns5:Non-currentFinancialInstruments2023-04-3011327020ns5:ShareCapital2024-04-3011327020ns5:ShareCapital2023-04-3011327020ns5:RetainedEarningsAccumulatedLosses2024-04-3011327020ns5:RetainedEarningsAccumulatedLosses2023-04-3011327020ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2024-04-3011327020ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2023-04-3011327020ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-04-3011327020ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-04-3011327020ns10:OrdinaryShareClass12024-04-3011327020ns5:RetainedEarningsAccumulatedLosses2023-04-3011327020ns5:RetainedEarningsAccumulatedLosses2023-05-012024-04-30
REGISTERED NUMBER: 11327020 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

P&P Distribution Limited

P&P Distribution Limited (Registered number: 11327020)

Contents of the Financial Statements
for the Year Ended 30 April 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


P&P Distribution Limited

Company Information
for the Year Ended 30 April 2024







DIRECTORS: P Mehran
P Mehran





SECRETARY:





REGISTERED OFFICE: 54 Dunvegan Drive
Rise Park
Nottingham
NG5 5DY





REGISTERED NUMBER: 11327020 (England and Wales)





ACCOUNTANTS: M Ahmed & Co
Chartered Accountants
83 Park Road
Chilwell
Nottingham
NG9 4DE

P&P Distribution Limited (Registered number: 11327020)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £ £
CURRENT ASSETS
Stocks 120,112 120,112
Debtors 4 8,323 1,307
Cash at bank 517 106
128,952 121,525
CREDITORS
Amounts falling due within one year 5 218,851 196,232
NET CURRENT LIABILITIES (89,899 ) (74,707 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(89,899

)

(74,707

)

CREDITORS
Amounts falling due after more than one
year

6

32,364

31,394
NET LIABILITIES (122,263 ) (106,101 )

CAPITAL AND RESERVES
Called up share capital 7 2 2
Retained earnings 8 (122,265 ) (106,103 )
SHAREHOLDERS' FUNDS (122,263 ) (106,101 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

P&P Distribution Limited (Registered number: 11327020)

Balance Sheet - continued
30 April 2024


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 by the Board of Directors and authorised for issue on 28 January 2025 and were signed on its behalf by:





P Mehran - Director


P&P Distribution Limited (Registered number: 11327020)

Notes to the Financial Statements
for the Year Ended 30 April 2024


1. STATUTORY INFORMATION

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

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current tax which 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 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.

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 year was NIL (2023 - NIL).

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£ £
Trade debtors 8,323 1,307

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£ £
Bank loans and overdrafts 7,400 7,400
Trade creditors 3,517 -
Amounts owed to group undertakings 61,060 42,345
VAT 3,640 1,441
Directors' current accounts 141,934 141,279
Accrued expenses 1,300 3,767
218,851 196,232

P&P Distribution Limited (Registered number: 11327020)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024


6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 30.4.23
£ £
Bank loans - 1-2 years 7,400 7,400
Bank loans - 2-5 years 24,964 23,994
32,364 31,394

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.24 30.4.23
value: £ £
2 Ordinary 1 2 2

8. RESERVES
Retained
earnings
£

At 1 May 2023 (106,103 )
Deficit for the year (16,162 )
At 30 April 2024 (122,265 )