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REGISTERED NUMBER: 10284987 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2022

for

PPMGlobal Ltd

PPMGlobal Ltd (Registered number: 10284987)






Contents of the Financial Statements
for the Year Ended 31 July 2022




Page

Company Information 1

Report of the Accountant 2

Statement of Financial Position 3

Notes to the Financial Statements 4


PPMGlobal Ltd

Company Information
for the Year Ended 31 July 2022







DIRECTORS: Mr B Cole
Mrs L Cole





REGISTERED OFFICE: 71-75 Shelton Street
Covent Garden
London
WC2H 9JQ





REGISTERED NUMBER: 10284987 (England and Wales)





ACCOUNTANT: Albacore Accounting Limited
724 Capability Green
Luton
Bedfordshire
LU1 3LU

PPMGlobal Ltd

Report of the Accountant to the Directors of
PPMGlobal Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Statement of Financial Position you are responsible for the preparation of the financial statements for the year ended 31 July 2022 set out on pages three to four and you consider that the company is exempt from an audit.

In accordance with your instructions, I have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to me.






Albacore Accounting Limited
724 Capability Green
Luton
Bedfordshire
LU1 3LU


Date: .............................................

PPMGlobal Ltd (Registered number: 10284987)

Statement of Financial Position
31 July 2022

31.7.22 31.7.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,658 5,888

CURRENT ASSETS
Debtors 5 163,463 113,834
Cash at bank 19 4,153
163,482 117,987
CREDITORS
Amounts falling due within one year 6 147,760 123,404
NET CURRENT ASSETS/(LIABILITIES) 15,722 (5,417 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

18,380

471

CREDITORS
Amounts falling due after more than one
year

7

18,002

-
NET ASSETS 378 471

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 278 371
SHAREHOLDERS' FUNDS 378 471

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2022 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.

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 21 February 2025 and were signed on its behalf by:





Mr B Cole - Director


PPMGlobal Ltd (Registered number: 10284987)

Notes to the Financial Statements
for the Year Ended 31 July 2022

1. STATUTORY INFORMATION

PPMGlobal Ltd 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost
Computer equipment - 25% on cost

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2021 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 August 2021
and 31 July 2022 280 13,840 14,120
DEPRECIATION
At 1 August 2021 280 7,952 8,232
Charge for year - 3,230 3,230
At 31 July 2022 280 11,182 11,462
NET BOOK VALUE
At 31 July 2022 - 2,658 2,658
At 31 July 2021 - 5,888 5,888

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.22 31.7.21
£    £   
Trade debtors 25,410 27,000
Other debtors 14,139 14,139
Directors' current accounts 123,914 72,695
163,463 113,834

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.22 31.7.21
£    £   
Tax 101,122 90,769
VAT 46,638 32,635
147,760 123,404

PPMGlobal Ltd (Registered number: 10284987)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2022

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.7.22 31.7.21
£    £   
Bank loans - 2-5 years 18,002 -

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.22 31.7.21
value: £    £   
100 Ordinary £1 100 100

9. RESERVES
Retained
earnings
£   

At 1 August 2021 371
Profit for the year 40,907
Dividends (41,000 )
At 31 July 2022 278

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr B Cole.