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Company Registration No. 11638259 (England and Wales)
PPK GROUP(UK) LTD Unaudited accounts for the year ended 31 October 2024
PPK GROUP(UK) LTD Unaudited accounts Contents
Page
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PPK GROUP(UK) LTD Company Information for the year ended 31 October 2024
Director
Mohammad Ali ALIKKA VEED
Company Number
11638259 (England and Wales)
Registered Office
2 Moor Street West Bromwich Birmingham B70 7AD ENGLAND
Accountants
Orb7 Limited 53 Peartree Drive,Farnworth,Bolton,Lanca Manchester Bolton Lancashire BL4 9RR
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PPK GROUP(UK) LTD Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
39,194 
48,988 
Current assets
Inventories
20,188 
10,061 
Debtors
28,966 
- 
Cash at bank and in hand
5,307 
10,425 
54,461 
20,486 
Creditors: amounts falling due within one year
(7,432)
(27,153)
Net current assets/(liabilities)
47,029 
(6,667)
Total assets less current liabilities
86,223 
42,321 
Creditors: amounts falling due after more than one year
(31,423)
(37,893)
Net assets
54,800 
4,428 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
54,700 
4,328 
Shareholders' funds
54,800 
4,428 
For the year ending 31 October 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 12 June 2025 and were signed on its behalf by
Mohammad Ali ALIKKA VEED Director Company Registration No. 11638259
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PPK GROUP(UK) LTD Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
PPK GROUP(UK) LTD is a private company, limited by shares, registered in England and Wales, registration number 11638259. The registered office is 2 Moor Street , West Bromwich, Birmingham , B70 7AD, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% diminishing balance method.
Fixtures & fittings
20% diminishing balance method.
Computer equipment
25% diminishing balance method.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Trading activity
Restaurant and takeaway
Government grants Covid 19
Government grants in relation to job retention scheme are credited to profit and loss account , whereas those in relation to expenditure are charged to profit and loss. Also, local council grants are received in terms of Covid-19 pandemic are credit to profit and loss account under other operating expenses, whereas all fixed cost against these are debited in the profit and loss account too.
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PPK GROUP(UK) LTD Notes to the Accounts for the year ended 31 October 2024
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 November 2023
46,346 
82,050 
2,953 
131,349 
At 31 October 2024
46,346 
82,050 
2,953 
131,349 
Depreciation
At 1 November 2023
25,257 
55,186 
1,918 
82,361 
Charge for the year
4,164 
5,372 
258 
9,794 
At 31 October 2024
29,421 
60,558 
2,176 
92,155 
Net book value
At 31 October 2024
16,925 
21,492 
777 
39,194 
At 31 October 2023
21,089 
26,864 
1,035 
48,988 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
28,966 
- 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
2,326 
1,273 
Trade creditors
5,106 
10,215 
Other creditors
- 
15,665 
7,432 
27,153 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
31,423 
37,893 
8
Average number of employees
During the year the average number of employees was 7 (2023: 7).
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