REGISTERED NUMBER: 04799300 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 August 2024

for

PPI MIDLANDS LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTOR:

P Lisle

SECRETARY:

P Lisle

REGISTERED OFFICE:

573 Chester Road

Sutton Coldfield

West Midlands

B73 5HU

REGISTERED NUMBER:

04799300 (England and Wales)

ACCOUNTANTS:

A K Papadamou & Co

Accountants & Tax Advisors

573 Chester Road

Sutton Coldfield

West Midlands

B73 5HU

BANKERS:

Lloyds Bank

PO Box 1000

Andover

BX1 1LT

FIXED ASSETS

Tangible assets

4

685

913

CURRENT ASSETS

Stocks

11,485

10,507

Debtors

5

501,682

290,003

Cash at bank

300,358

284,403

813,525

584,913

CREDITORS

Amounts falling due within one year

6

252,107

268,690

NET CURRENT ASSETS

561,418

316,223

TOTAL ASSETS LESS CURRENT LIABILITIES

562,103

317,136

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

561,103

316,136

SHAREHOLDERS' FUNDS

562,103

317,136

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 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 11 November 2025 and were signed by:

P Lisle - Director

1.	STATUTORY INFORMATION

PPI Midlands 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.

Turnover

Turnover represents net invoiced sales of goods and services, excluding value added tax.

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

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

At 1 September 2023

and 31 August 2024

1,858

3,326

5,184

DEPRECIATION

At 1 September 2023

1,522

2,749

4,271

Charge for year

84

144

228

At 31 August 2024

1,606

2,893

4,499

NET BOOK VALUE

At 31 August 2024

252

433

685

At 31 August 2023

336

577

913

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

291,610

194,269

Other debtors

201,800

72,375

Prepayments

8,272

23,359

501,682

290,003

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

43,047

108,689

Taxation and social security

120,858

159,051

Other creditors

88,202

950

252,107

268,690

7.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr P Lisle and Mr P Woodford,company directors..