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REGISTERED NUMBER: 10284987 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2023

for

PPMGlobal Ltd

PPMGlobal Ltd (Registered number: 10284987)






Contents of the Financial Statements
for the Year Ended 31 July 2023




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 2023







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 2023 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 2023

31.7.23 31.7.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,076 2,658

CURRENT ASSETS
Debtors 5 188,155 163,463
Cash at bank 6 19
188,161 163,482
CREDITORS
Amounts falling due within one year 6 175,540 147,760
NET CURRENT ASSETS 12,621 15,722
TOTAL ASSETS LESS CURRENT
LIABILITIES

14,697

18,380

CREDITORS
Amounts falling due after more than one
year

7

14,333

18,002
NET ASSETS 364 378

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 264 278
SHAREHOLDERS' FUNDS 364 378

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 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 24 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 2023

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 NIL (2022 - 1 ).

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 August 2022 280 13,840 14,120
Additions - 1,999 1,999
At 31 July 2023 280 15,839 16,119
DEPRECIATION
At 1 August 2022 280 11,182 11,462
Charge for year - 2,581 2,581
At 31 July 2023 280 13,763 14,043
NET BOOK VALUE
At 31 July 2023 - 2,076 2,076
At 31 July 2022 - 2,658 2,658

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Trade debtors 14,760 25,410
Other debtors 14,139 14,139
Directors' current accounts 159,256 123,914
188,155 163,463

PPMGlobal Ltd (Registered number: 10284987)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Tax 113,248 101,122
VAT 62,292 46,638
175,540 147,760

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.7.23 31.7.22
£    £   
Bank loans - 2-5 years 14,333 18,002

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.23 31.7.22
value: £    £   
100 Ordinary £1 100 100

9. RESERVES
Retained
earnings
£   

At 1 August 2022 278
Profit for the year 49,486
Dividends (49,500 )
At 31 July 2023 264

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr B Cole.