PPP Operations Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 09946677

PPP Operations Ltd

Filleted Unaudited Financial Statements

31 January 2025

PPP Operations Ltd

Financial Statements

Year ended 31 January 2025

Contents	Page

Balance sheet	1

Notes to the financial statements	3

PPP Operations Ltd

Balance Sheet

31 January 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	5		10,481	14,399

Current assets

Debtors	6	434	29
Cash at bank and in hand		187,248	212,584
		---------	---------
		187,682	212,613

Creditors: amounts falling due within one year	7	24,855		30,628
		---------		---------
Net current assets			162,827	181,985
			---------	---------
Total assets less current liabilities			173,308	196,384
			---------	---------
Net assets			173,308	196,384
			---------	---------

Capital and reserves

Called up share capital	50	50
Profit and loss account	173,258	196,334
	---------	---------
Shareholders funds	173,308	196,384
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the profit and loss account has not been delivered.

For the year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

PPP Operations Ltd

Balance Sheet (continued)

31 January 2025

These financial statements were approved by the board of directors and authorised for issue on 12 March 2025 , and are signed on behalf of the board by:

Mr P A Salter
Director

Company registration number: 09946677

PPP Operations Ltd

Notes to the Financial Statements

Year ended 31 January 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 6 Corunna Court, Corunna Road, Warwick, CV34 5HQ.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis and in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Current tax is recognised on taxable profit for the current and past periods. Deferred tax is recognised in respect of all timing differences at the reporting date.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Motor vehicles	-	25% reducing balance
Equipment	-	25% straight line

4. Employee numbers

The average number of persons employed by the company during the year amounted to 1 (2024: 1 ).

5. Tangible assets

	Motor vehicles	Equipment	Total
	£	£	£
Cost
At 1 February 2024 and 31 January 2025	33,995	4,846	38,841
	--------	-------	--------
Depreciation
At 1 February 2024	20,401	4,041	24,442
Charge for the year	3,399	519	3,918
	--------	-------	--------
At 31 January 2025	23,800	4,560	28,360
	--------	-------	--------
Carrying amount
At 31 January 2025	10,195	286	10,481
	--------	-------	--------
At 31 January 2024	13,594	805	14,399
	--------	-------	--------

6. Debtors

	2025	2024
	£	£
Other debtors	434	29
	----	----

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Other creditors	24,855	30,628
	--------	--------

8. Director's advances, credits and guarantees

During the year, the director had an interest-free, repayable on demand loan with the company. At the start of the year the director was owed £29,128, and at the end of the year the director was owed £23,355.