Company Registration No. 09129038 (England and Wales)
P&P Global Services Ltd
Unaudited accounts
for the year ended 30 June 2024
P&P Global Services Ltd
Unaudited accounts
Contents
P&P Global Services Ltd
Company Information
for the year ended 30 June 2024
Company Number
09129038 (England and Wales)
Registered Office
171 Oxhey Drive
Watford
WD19 7HT
England
P&P Global Services Ltd
Statement of financial position
as at 30 June 2024
Tangible assets
13,712
21,167
Cash at bank and in hand
10,538
7,213
Creditors: amounts falling due within one year
(7,396)
(5,621)
Net current assets
3,142
1,592
Called up share capital
500
500
Profit and loss account
16,354
22,259
Shareholders' funds
16,854
22,759
For the year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 28 March 2025 and were signed on its behalf by
Plamen Petrov
Director
Company Registration No. 09129038
P&P Global Services Ltd
Notes to the Accounts
for the year ended 30 June 2024
P&P Global Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 09129038. The registered office is 171 Oxhey Drive, Watford, WD19 7HT, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
18% on cost
Computer equipment
50% on cost
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 July 2023
33,681
1,798
35,479
At 30 June 2024
33,681
1,798
35,479
At 1 July 2023
13,472
840
14,312
Charge for the year
6,737
718
7,455
At 30 June 2024
20,209
1,558
21,767
At 30 June 2024
13,472
240
13,712
At 30 June 2023
20,209
958
21,167
P&P Global Services Ltd
Notes to the Accounts
for the year ended 30 June 2024
5
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
-
3,000
Taxes and social security
1,067
11
Other creditors
2,630
2,610
Allotted, called up and fully paid:
500 Ordinary shares of £1 each
500
500
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Average number of employees
During the year the average number of employees was 2 (2023: 2).