REGISTERED NUMBER: 08959362 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

PPH Commercial Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr B N Medhurst

Ms M L Medhurst

REGISTERED OFFICE:

First Floor Pavilion House

Unit 5 Hesslewood Office Park

Ferriby Road

Hessle

East Yorkshire

HU13 0LG

REGISTERED NUMBER:

08959362 (England and Wales)

ACCOUNTANTS:

Harris Lacey and Swain

Suite 1

The Riverside Building

Hessle

East Yorkshire

HU13 0DZ

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

29,578

35,840

29,578

35,840

CURRENT ASSETS

Debtors

6

467,218

343,419

Cash at bank and in hand

459,712

600,911

926,930

944,330

CREDITORS

Amounts falling due within one year

7

567,050

596,279

NET CURRENT ASSETS

359,880

348,051

TOTAL ASSETS LESS CURRENT LIABILITIES

389,458

383,891

PROVISIONS FOR LIABILITIES

8

7,395

8,960

NET ASSETS

382,063

374,931

CAPITAL AND RESERVES

Called up share capital

308

308

Retained earnings

381,755

374,623

SHAREHOLDERS' FUNDS

382,063

374,931

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 8 September 2025 and were signed on its behalf by:

Mr B N Medhurst - Director

1.	STATUTORY INFORMATION

PPH Commercial 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.

Significant judgements and estimates

Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Although these estimates are based on the Directors' best knowledge of the amount, events or actions, actual results ultimately differ from these estimates. The Directors do not consider there to be any material estimates and judgements.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue is measured at the fair value of the consideration received or receivable and represents the amount receivable for goods supplied or services rendered, net of returns, discounts and rebates allowed by the company and value added taxes.

The company recognises revenue when the significant risks and rewards of ownership have been transferred to the buyer; the amount of revenue can be measured reliably; it is probable that future economic benefits will flow to the entity and when the specific criteria relating to each of the company's sales channels have been met, as described below.

The company provides services to other organisations, these services are provided on a time and material basis or as a fixed price contract.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

-

33% on cost

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

33% on cost

Financial instruments

The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments, including trade and other debtors and creditors are initially recognised at transaction value and subsequently measured at their settlement value.

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 30 (2024 - 27 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

1,369,000

Disposals

(1,369,000

)

At 31 March 2025

-

AMORTISATION

At 1 April 2024

1,369,000

Eliminated on disposal

(1,369,000

)

At 31 March 2025

-

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 April 2024

5,802

34,975

49,237

90,014

Additions

-

398

11,521

11,919

At 31 March 2025

5,802

35,373

60,758

101,933

DEPRECIATION

At 1 April 2024

3,868

16,457

33,849

54,174

Charge for year

1,934

3,784

12,463

18,181

At 31 March 2025

5,802

20,241

46,312

72,355

NET BOOK VALUE

At 31 March 2025

-

15,132

14,446

29,578

At 31 March 2024

1,934

18,518

15,388

35,840

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

390,639

290,746

Other debtors

76,579

52,673

467,218

343,419

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

69,459

36,117

Taxation and social security

256,316

301,939

Other creditors

241,275

258,223

567,050

596,279

8.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

7,395

8,960

Deferred

tax

£

Balance at 1 April 2024

8,960

Provided during year

(1,565

)

Balance at 31 March 2025

7,395

9.	RELATED PARTY DISCLOSURES

Included in other creditors are director's current account balances of £2,000 (2024: £1,000).