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REGISTERED NUMBER: 10847264 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2024

for

P.P.E. Limited

P.P.E. Limited (Registered number: 10847264)






Contents of the Financial Statements
for the Year Ended 30 November 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


P.P.E. Limited

Company Information
for the Year Ended 30 November 2024







DIRECTORS: Ms I Birzula
S J P Brydges





REGISTERED OFFICE: Unit 34 Capital Space
22 Carlton Road
South Croydon
CR2 0BS





REGISTERED NUMBER: 10847264 (England and Wales)





ACCOUNTANTS: Thornton Springer LLP
Chartered Accountants
67 Westow Street
London
SE19 3RW

P.P.E. Limited (Registered number: 10847264)

Balance Sheet
30 November 2024

30.11.24 30.11.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 39,821 14,653

CURRENT ASSETS
Stocks 5,087 7,922
Debtors 5 85,291 27,431
Cash at bank 667,879 413,074
758,257 448,427
CREDITORS
Amounts falling due within one year 6 (481,989 ) (320,607 )
NET CURRENT ASSETS 276,268 127,820
TOTAL ASSETS LESS CURRENT
LIABILITIES

316,089

142,473

CAPITAL AND RESERVES
Called up share capital 5 5
Share premium 19,999 19,999
Retained earnings 296,085 122,469
SHAREHOLDERS' FUNDS 316,089 142,473

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

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 1 July 2025 and were signed on its behalf by:




S J Brydges - Director


P.P.E. Limited (Registered number: 10847264)

Notes to the Financial Statements
for the Year Ended 30 November 2024

1. STATUTORY INFORMATION

P.P.E. 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.

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.
Plant and machinery etc - 15% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 9 (2023 - 8 ) .

P.P.E. Limited (Registered number: 10847264)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2023 44,128
Additions 34,446
Disposals (25,779 )
At 30 November 2024 52,795
DEPRECIATION
At 1 December 2023 29,475
Charge for year 4,792
Eliminated on disposal (21,293 )
At 30 November 2024 12,974
NET BOOK VALUE
At 30 November 2024 39,821
At 30 November 2023 14,653

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Trade debtors 82,260 27,431
Other debtors 3,031 -
85,291 27,431

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Trade creditors 70,803 67,047
Taxation and social security 95,266 75,916
Other creditors 315,920 177,644
481,989 320,607

P.P.E. Limited (Registered number: 10847264)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

7. RELATED PARTY DISCLOSURES

Ilona Birzula, Director and Shareholder :

Invested a total of £180,000 in the company by way of a director's loan , as shown below :-

06/08/2019 15000.00
17/09/2019 20000.00
18/09/2019 10000.00
03/02/2020 20000.00
04/02/2020 20000.00
05/02/2020 17000.00
15/06/2020 20000.00
16/06/2020 20000.00
17/06/2020 20000.00
18/06/2020 18000.00


As of 30.11.2024 £134,086 remained owing to Ms Ilona Birzula and she holds four £0.50 shares which equates to 40% of the company's share capital..