Registration number: 09361461

PP (Holdings) Limited

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 7

PP (Holdings) Limited

(Registration number: 09361461)
Balance Sheet as at 31 December 2024

	Note	2024 £	2023 £
Fixed assets
Tangible assets	4	92,785	69,604
Investments	5	200	200
		92,985	69,804
Current assets
Debtors	6	39,078	176,680
Cash at bank and in hand		64,338	5,567
		103,416	182,247
Creditors: Amounts falling due within one year	7	(30,273)	(49,667)
Net current assets		73,143	132,580
Total assets less current liabilities		166,128	202,384
Provisions for liabilities		(14,053)	(5,221)
Net assets		152,075	197,163
Capital and reserves
Called up share capital		125	100
Share premium reserve		34,479	-
Retained earnings		117,471	197,063
Shareholders' funds		152,075	197,163

PP (Holdings) Limited

(Registration number: 09361461)
Balance Sheet as at 31 December 2024

For the financial year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the Board on 29 September 2025 and signed on its behalf by:
 

......................................... Miss M D Morse Director

PP (Holdings) Limited

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

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
7-9 Macon Court
Crewe
Cheshire
CW1 6EA
UK

The principal place of business is:
Unit 6, Bankfield Court
Commercial Road
Bromborough
Wirral
CH62 3NL

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

These financial statements are prepared in Sterling, which is the functional currency of the company. All monetary amounts are rounded to the nearest £.

Tax

The tax expense for the period comprises current and deferred tax.

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

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

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

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

PP (Holdings) Limited

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

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	20% on reducing balance
Fixtures and fittings	20% on reducing balance
Motor vehicles	25% on reducing balance

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4 (2023 - 5).

4	Tangible assets

	Furniture, fittings and equipment  £	Motor vehicles  £	Plant and machinery £	Total £
Cost or valuation
At 1 January 2024	14,658	121,500	33,734	169,892
Additions	-	49,095	-	49,095
Disposals	-	(15,900)	-	(15,900)
At 31 December 2024	14,658	154,695	33,734	203,087
Depreciation
At 1 January 2024	5,902	79,586	14,800	100,288
Charge for the year	1,752	17,546	3,787	23,085
Eliminated on disposal	-	(13,071)	-	(13,071)
At 31 December 2024	7,654	84,061	18,587	110,302
Carrying amount
At 31 December 2024	7,004	70,634	15,147	92,785
At 31 December 2023	8,756	41,914	18,934	69,604

PP (Holdings) Limited

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

5	Investments

	2024 £	2023 £
Investments in subsidiaries	200	200