Caseware UK (AP4) 2024.0.164 2024.0.164 2024-09-292024-09-29falsefalseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.32023-09-303falsetrue 09284637 2023-09-30 2024-09-29 09284637 2022-04-06 2023-09-29 09284637 2024-09-29 09284637 2023-09-29 09284637 c:Director2 2023-09-30 2024-09-29 09284637 d:CurrentFinancialInstruments 2024-09-29 09284637 d:CurrentFinancialInstruments 2023-09-29 09284637 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-29 09284637 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-29 09284637 d:ShareCapital 2024-09-29 09284637 d:ShareCapital 2023-09-29 09284637 d:CapitalRedemptionReserve 2024-09-29 09284637 d:CapitalRedemptionReserve 2023-09-29 09284637 d:RetainedEarningsAccumulatedLosses 2024-09-29 09284637 d:RetainedEarningsAccumulatedLosses 2023-09-29 09284637 c:EntityNoLongerTradingButTradedInPast 2023-09-30 2024-09-29 09284637 c:FRS102 2023-09-30 2024-09-29 09284637 c:AuditExempt-NoAccountantsReport 2023-09-30 2024-09-29 09284637 c:FullAccounts 2023-09-30 2024-09-29 09284637 c:PrivateLimitedCompanyLtd 2023-09-30 2024-09-29 09284637 2 2023-09-30 2024-09-29 09284637 e:PoundSterling 2023-09-30 2024-09-29 iso4217:GBP xbrli:pure

Registered number: 09284637










PPP EXPERTS ADVISORY LIMITED








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 SEPTEMBER 2024

 
PPP EXPERTS ADVISORY LIMITED
 

CONTENTS



Page
Balance sheet
 
1
Notes to the financial statements
 
2 - 4


 
PPP EXPERTS ADVISORY LIMITED
REGISTERED NUMBER: 09284637

BALANCE SHEET
AS AT 29 SEPTEMBER 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
107,514
108,207

Cash at bank and in hand
  
37,404
46,622

  
144,918
154,829

Creditors: amounts falling due within one year
 5 
(140,722)
(144,220)

Net current assets
  
 
 
4,196
 
 
10,609

  

Net assets
  
4,196
10,609


Capital and reserves
  

Called up share capital 
  
70
100

Capital redemption reserve
  
30
-

Profit and loss account
  
4,096
10,509

  
4,196
10,609


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 26 June 2025.




A R Smith
Director

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 
PPP EXPERTS ADVISORY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 SEPTEMBER 2024

1.


General information

PPP Experts Advisory Limited (the Company) is a private company, limited by shares, incorporated and domiciled in England. The address of its registered office is Rutland House, 148 Edmund Street, Birmingham, B3 2FD.
 
The company did not trade during the year.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

The directors took the decision to cease to trade during the previous year and are in the process of collecting in remaining debts and settling outstanding creditors.
Accordingly the financial statements have been prepared on a basis other than that of a going concern, which includes, where appropriate, writing down the Company's assets to net realisable value. The directors do not consider that there would be any material differences to the reported results of the Company if the going concern basis of preparation had been applied to these financial statements.

 
2.3

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of comprehensive income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

Page 2

 
PPP EXPERTS ADVISORY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 SEPTEMBER 2024

2.Accounting policies (continued)

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.5

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.6

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


 
2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 3

 
PPP EXPERTS ADVISORY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 SEPTEMBER 2024

3.


Employees

The average monthly number of employees, including directors, during the year was 3 (2023 - 3).


4.


Debtors

2024
2023
£
£


Trade debtors
100,014
100,014

Other debtors
7,500
8,193

107,514
108,207





5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Other creditors
87,024
87,024

Accruals and deferred income
53,698
57,196

140,722
144,220


Included in other creditors are amounts of £87,024 (2023: £87,024) owed to certain directors which are interest free.


6.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company  in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £Nil (2023: £25,000).


7.


Related party transactions

During the year the company purchased 30 of its own ordinary shares from a former director for £1 in full and final settlement in resolution to a dispute between the company and the former director.

 
Page 4