Company Registration No. 02013257 (England and Wales)
PPS (Hydraulics & Pneumatics) Limited
Unaudited accounts
for the year ended 31 March 2025
PPS (Hydraulics & Pneumatics) Limited
Unaudited accounts
Contents
PPS (Hydraulics & Pneumatics) Limited
Company Information
for the year ended 31 March 2025
Director
Neville Palfreyman
Company Number
02013257 (England and Wales)
PPS (Hydraulics & Pneumatics) Limited
Statement of financial position
as at 31 March 2025
Tangible assets
287,462
302,172
Cash at bank and in hand
247,052
124,758
Creditors: amounts falling due within one year
(146,642)
(137,911)
Net current assets
205,884
103,068
Net assets
493,346
405,240
Called up share capital
25
25
Revaluation reserve
207,019
207,019
Capital redemption reserve
(369,950)
(369,950)
Profit and loss account
656,252
568,146
Shareholders' funds
493,346
405,240
For the year ending 31 March 2025 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 14 May 2025 and were signed on its behalf by
Neville Palfreyman
Director
Company Registration No. 02013257
PPS (Hydraulics & Pneumatics) Limited
Notes to the Accounts
for the year ended 31 March 2025
PPS (Hydraulics & Pneumatics) Limited is a private company, limited by shares, registered in England and Wales, registration number 02013257.
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.
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 April 2024
285,000
150,096
435,096
Disposals
-
(19,000)
(19,000)
At 31 March 2025
285,000
131,096
416,096
At 1 April 2024
-
132,924
132,924
Charge for the year
-
859
859
On disposals
-
(5,149)
(5,149)
At 31 March 2025
-
128,634
128,634
At 31 March 2025
285,000
2,462
287,462
At 31 March 2024
285,000
17,172
302,172
Amounts falling due within one year
Trade debtors
90,119
100,866
Other debtors
10,000
10,000
PPS (Hydraulics & Pneumatics) Limited
Notes to the Accounts
for the year ended 31 March 2025
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
97,512
102,863
Taxes and social security
38,652
25,040
Other creditors
6,183
4,613
Loans from directors
(9,350)
(9,350)
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Average number of employees
During the year the average number of employees was 5 (2024: 5).