Concept PPF Limited 12561376 false 2024-05-01 2025-04-30 2025-04-30 The principal activity of the company is protective coating of vehicles Digita Accounts Production Advanced 6.30.9574.0 true 12561376 2024-05-01 2025-04-30 12561376 2025-04-30 12561376 bus:OrdinaryShareClass1 2025-04-30 12561376 core:CurrentFinancialInstruments 2025-04-30 12561376 core:CurrentFinancialInstruments core:WithinOneYear 2025-04-30 12561376 core:FurnitureFittingsToolsEquipment 2025-04-30 12561376 core:MotorVehicles 2025-04-30 12561376 bus:SmallEntities 2024-05-01 2025-04-30 12561376 bus:AuditExemptWithAccountantsReport 2024-05-01 2025-04-30 12561376 bus:FilletedAccounts 2024-05-01 2025-04-30 12561376 bus:SmallCompaniesRegimeForAccounts 2024-05-01 2025-04-30 12561376 bus:RegisteredOffice 2024-05-01 2025-04-30 12561376 bus:Director1 2024-05-01 2025-04-30 12561376 bus:OrdinaryShareClass1 2024-05-01 2025-04-30 12561376 bus:PrivateLimitedCompanyLtd 2024-05-01 2025-04-30 12561376 core:FurnitureFittingsToolsEquipment 2024-05-01 2025-04-30 12561376 core:MotorVehicles 2024-05-01 2025-04-30 12561376 core:PlantMachinery 2024-05-01 2025-04-30 12561376 countries:England 2024-05-01 2025-04-30 12561376 2024-04-30 12561376 core:FurnitureFittingsToolsEquipment 2024-04-30 12561376 core:MotorVehicles 2024-04-30 12561376 2023-05-01 2024-04-30 12561376 2024-04-30 12561376 bus:OrdinaryShareClass1 2024-04-30 12561376 core:CurrentFinancialInstruments 2024-04-30 12561376 core:CurrentFinancialInstruments core:WithinOneYear 2024-04-30 12561376 core:FurnitureFittingsToolsEquipment 2024-04-30 12561376 core:MotorVehicles 2024-04-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 12561376

Concept PPF Limited
Unaudited Filleted Financial Statements
for the Year Ended 30 April 2025

Concept PPF Limited

(Registration number: 12561376)
Balance Sheet as at 30 April 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 20,174 | 2,143
Current assets |  |  |
Debtors | 5 | 12,616 | 16,054
Cash at bank and in hand |  | 13,590 | 45,564
|  | 26,206 | 61,618
Creditors: Amounts falling due within one year | 6 | (8,183) | (8,268)
Net current assets |  | 18,023 | 53,350
Total assets less current liabilities |  | 38,197 | 55,493
Provisions for liabilities |  | - | (407)
Net assets |  | 38,197 | 55,086
Capital and reserves |  |  |
Called up share capital | 7 | 100 | 100
Retained earnings |  | 38,097 | 54,986
Shareholders' funds |  | 38,197 | 55,086

For the financial year ending 30 April 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 accounts for the year in question in accordance with section 476; and
• | The director acknowledges his 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 7 January 2026

......................................... Christopher Brodrick Director

Concept PPF Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

1 | General information

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

The address of its registered office is:
Unit 18
Northedge Business Park
Alfreton Road
Derby
DE21 4BN

These financial statements were authorised for issue by the director on 7 January 2026.

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.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income 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.

Concept PPF Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

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% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

Concept PPF Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

4 | Tangible assets

| Furniture, fittings and equipment £ | Motor vehicles £ | Total £
Cost or valuation
At 1 May 2024 | 3,523 | - | 3,523
Additions | 475 | 22,599 | 23,074
At 30 April 2025 | 3,998 | 22,599 | 26,597
Depreciation
At 1 May 2024 | 1,379 | - | 1,379
Charge for the year | 524 | 4,520 | 5,044
At 30 April 2025 | 1,903 | 4,520 | 6,423
Carrying amount
At 30 April 2025 | 2,095 | 18,079 | 20,174
At 30 April 2024 | 2,143 | - | 2,143

5 | Debtors

Current | 2025 £ | 2024 £
Trade debtors | 6,648 | 790
Other debtors | 5,968 | 15,264
| 12,616 | 16,054

6 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Trade creditors | - | 11
Taxation and social security | 416 | 5,894
Accruals and deferred income | 1,005 | 1,500
Other creditors | 6,762 | 863
| 8,183 | 8,268

7 | Share capital

Allotted, called up and fully paid shares

Concept PPF Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

| 2025 | 2024
| No. | £ | No. | £
Ordinary £1 of £1 each | 100 | 100 | 100 | 100