REGISTERED NUMBER: 04185822 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

PPR LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J P D Rogers

REGISTERED OFFICE:

The Boathouse

Radyr Court Road

Llandaff

Cardiff

CF5 2QF

REGISTERED NUMBER:

04185822 (England and Wales)

ACCOUNTANTS:

Xeinadin South Wales and West Limited

Court House

Court Road

Bridgend

CF31 1BE

FIXED ASSETS

Tangible assets

4

26,879

29,756

Investment property

5

1,405,672

1,405,672

1,432,551

1,435,428

CURRENT ASSETS

Cash at bank

36

217

CREDITORS

Amounts falling due within one year

6

18,806

16,727

NET CURRENT LIABILITIES

(18,770

)

(16,510

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,413,781

1,418,918

CREDITORS

Amounts falling due after more than one year

7

919,820

930,137

NET ASSETS

493,961

488,781

CAPITAL AND RESERVES

Called up share capital

100

100

Revaluation reserve

9

440,000

440,000

Retained earnings

53,861

48,681

SHAREHOLDERS' FUNDS

493,961

488,781

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 director acknowledges his 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 director and authorised for issue on 16 December 2025 and were signed by:

J P D Rogers - Director

1.	STATUTORY INFORMATION

PPR 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 as modified by the revaluation of certain assets.

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

-

20% on reducing balance

Investment property

Investment properties for which fair value can be measured reliably without undue cost or effort are measured at fair value at each reporting date with changes in fair value recognised in profit or loss.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

98,981

Additions

3,324

At 31 March 2025

102,305

DEPRECIATION

At 1 April 2024

69,225

Charge for year

6,201

At 31 March 2025

75,426

NET BOOK VALUE

At 31 March 2025

26,879

At 31 March 2024

29,756

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

1,405,672

NET BOOK VALUE

At 31 March 2025

1,405,672

At 31 March 2024

1,405,672

Fair value at 31 March 2025 is represented by:

£

Valuation in 2008

535,535

Valuation in 2024

(95,535

)

Cost

965,672

1,405,672

If investment properties had not been revalued they would have been included at the following historical cost:

2025

2024

£

£

Cost

962,361

962,361

Investment properties were valued on a fair value basis on 31 March 2025 by the director .

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

15,406

15,406

Taxation and social security

3,400

1,321

18,806

16,727

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

898,580

901,648

Other creditors

21,240

28,489

919,820

930,137

2025

2024

£

£

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

812,903

812,903

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

913,986

917,054

The bank loans are secured by way of a fixed and floating charge over the property development.

9.

RESERVES

Revaluation

reserve

£

At 1 April 2024

and 31 March 2025

440,000

10.	RELATED PARTY DISCLOSURES

Mr J P D Rogers has a personal guarantee of £100,000 to secure the liabilities of the company.

Included in creditors are amounts owed to the director of £21,240 (2024 - £27,489)