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REGISTERED NUMBER: 02488360 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 December 2024

for

PTP Limited

PTP Limited (Registered number: 02488360)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PTP Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: T J Good
G F Loveday
G E Mooney
Ms C C Scarf
Mrs C A Mooney





REGISTERED OFFICE: Carlton House
High Street
Higham Ferrers
Northamptonshire
NN10 8BW





BUSINESS ADDRESS: Grafton Suite
Caswell Science & Technology Park
Towcester
Northamptonshire
NN12 8EQ





REGISTERED NUMBER: 02488360 (England and Wales)





ACCOUNTANTS: Willsons
Chartered Accountants
Carlton House
High Street
Higham Ferrers
Northamptonshire
NN10 8BW

PTP Limited (Registered number: 02488360)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 250 280
Tangible assets 5 5,223 2,823
Investments 6 6,000 6,000
11,473 9,103

CURRENT ASSETS
Debtors 7 79,479 89,522
Cash at bank and in hand 635,299 597,696
714,778 687,218
CREDITORS
Amounts falling due within one year 8 457,451 448,943
NET CURRENT ASSETS 257,327 238,275
TOTAL ASSETS LESS CURRENT
LIABILITIES

268,800

247,378

CAPITAL AND RESERVES
Called up share capital 9 9,000 9,000
Retained earnings 259,800 238,378
SHAREHOLDERS' FUNDS 268,800 247,378

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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.

PTP Limited (Registered number: 02488360)

Balance Sheet - continued
31 December 2024


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 4 August 2025 and were signed on its behalf by:





G E Mooney - Director


PTP Limited (Registered number: 02488360)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

PTP Limited 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.

Preparation of consolidated financial statements
The financial statements contain information about PTP Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover
Turnover represents the total invoice value, excluding value added tax, of sales made during the period. Turnover is recognised on completion of the service to the customer.

Trademarks
These are amortised over a ten year period on a straight line basis.

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

Investments in subsidiaries
The investment reflects the nominal value of the shares issued to acquire the subsidiary.

Taxation
Taxation for the year comprises current tax. Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted by the balance sheet date.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 8 ) .

PTP Limited (Registered number: 02488360)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

4. INTANGIBLE FIXED ASSETS
Patents
and
trademarks
£   
COST
At 1 January 2024
and 31 December 2024 1,671
AMORTISATION
At 1 January 2024 1,391
Amortisation for year 30
At 31 December 2024 1,421
NET BOOK VALUE
At 31 December 2024 250
At 31 December 2023 280

5. TANGIBLE FIXED ASSETS
Computer
equipment Website Totals
£    £    £   
COST
At 1 January 2024 23,487 20,657 44,144
Additions 5,295 - 5,295
At 31 December 2024 28,782 20,657 49,439
DEPRECIATION
At 1 January 2024 22,589 18,732 41,321
Charge for year 1,679 1,216 2,895
At 31 December 2024 24,268 19,948 44,216
NET BOOK VALUE
At 31 December 2024 4,514 709 5,223
At 31 December 2023 898 1,925 2,823

PTP Limited (Registered number: 02488360)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

6. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 January 2024
and 31 December 2024 6,000
NET BOOK VALUE
At 31 December 2024 6,000
At 31 December 2023 6,000

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 45,323 56,568
Other debtors 34,156 32,954
79,479 89,522

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade creditors 2,148 10,882
Amounts owed to group undertakings 20,000 20,000
Taxation and social security 55,865 48,315
Other creditors 379,438 369,746
457,451 448,943

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.24 31.12.23
value: £    £   
9,000 Ordinary £1 9,000 9,000