Registered number
11861784
PTP SOURCING LTD
Report and Accounts
31 March 2025

PTP SOURCING LTD
Report and accounts
Contents
Page
Company information | 1
Directors' report | 2
Accountants' report | 3
Profit and loss account | 4
Statement of comprehensive income | 5
Balance sheet | 6
Statement of changes in equity | 7
Notes to the accounts | 8

PTP SOURCING LTD
Company Information
Directors
MR PARMINDER SINGH CHANA
MR HARMINDER SINGH CHANA
Accountants
Zaib Accountants
34 St Helena Road
Bradford
West Yorkshire
BD6 1SZ
Registered office
34 ST HELENA ROAD
ENGLAND
BRADFORD
WEST YORKSHIRE
BD6 1SZ
Registered number
11861784

PTP SOURCING LTD
Registered number: | 11861784
Directors' Report
The directors present their report and accounts for the period ended 31 March 2025.
Principal activities
The company's principal activity during the year continued to be …
Directors
The following persons served as directors during the period:
| MR PARMINDER SINGH CHANA
| MR HARMINDER SINGH CHANA
Small company provisions
This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
This report was approved by the board on 27 March 2026 and signed on its behalf.
MR PARMINDER SINGH CHANA
Director

PTP SOURCING LTD
Accountants' Report
Accountants' report to the directors of
PTP SOURCING LTD
You consider that the company is exempt from an audit for the period ended 31 March 2025. You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial period and of its profit or loss for the financial period.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
Zaib Accountants
FMAAT
34 St Helena Road
Bradford
West Yorkshire
BD6 1SZ
27 March 2026

PTP SOURCING LTD
Profit and Loss Account
for the period from 1 September 2024 to 31 March 2025
|  |  |  |  |  | 2025 |  | 2024
£ | £
Turnover | 21,477 |  | 65,092
Cost of sales | (2,500) |  | (2,750)
Gross profit | 18,977 |  | 62,342
Administrative expenses | (23,457) |  | (33,996)
Operating (loss)/profit | (4,480) |  | 28,346
Interest payable | - |  | (129)
(Loss)/profit before taxation | (4,480) |  | 28,217
Tax on (loss)/profit | - |  | (396)
(Loss)/profit for the period | (4,480) |  | 27,821

PTP SOURCING LTD
Statement of comprehensive income
for the period from 1 September 2024 to 31 March 2025
|  |  |  |  | 2025 |  | 2024
£ | £
(Loss)/profit for the period | (4,480) |  | 27,821
Other comprehensive income
Total comprehensive income for the period | (4,480) |  | 27,821

PTP SOURCING LTD
Registered number: | 11861784
Balance Sheet
as at 31 March 2025
Notes |  |  | 2025 |  |  | 2024
£ | £
Fixed assets
Tangible assets | 3 |  |  | 23,697 |  |  | 26,330
Investments | 4 |  |  | 82,500 |  |  | 82,500
|  |  |  | 106,197 |  |  | 108,830
Current assets
Debtors | 5 |  | 2,484 |  |  | 2,484
Cash at bank and in hand |  |  | 89,873 |  |  | 98,819
|  |  | 92,357 |  |  | 101,303
Creditors: amounts falling due within one year | 6 |  | (5,161) |  |  | (5,161)
Net current assets |  |  |  | 87,196 |  |  | 96,142
Total assets less current liabilities |  |  |  | 193,393 |  |  | 204,972
Creditors: amounts falling due after more than one year | 7 |  |  | (19,564) |  |  | (26,663)
Net assets |  |  |  | 173,829 |  |  | 178,309
Capital and reserves
Called up share capital |  |  |  | 2 |  |  | 2
Profit and loss account |  |  |  | 173,827 |  |  | 178,307
Shareholders' funds |  |  |  | 173,829 |  |  | 178,309
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
MR PARMINDER SINGH CHANA
Director
Approved by the board on 27 March 2026

PTP SOURCING LTD
Statement of Changes in Equity
for the period from 1 September 2024 to 31 March 2025
Share | Share | Re- | Profit | Total
capital | premium | valuation | and loss
reserve | account
£ | £ | £ | £ | £
At 1 September 2023 | 2 |  | - |  | - |  | 150,486 |  | 150,488
Profit for the financial year | 27,821 |  | 27,821
At 31 August 2024 | 2 |  | - |  | - |  | 178,307 |  | 178,309
At 1 September 2024 | 2 |  | - |  | - |  | 178,307 |  | 178,309
Loss for the period | (4,480) |  | (4,480)
At 31 March 2025 | 2 |  | - |  | - |  | 173,827 |  | 173,829

PTP SOURCING LTD
Notes to the Accounts
for the period from 1 September 2024 to 31 March 2025
1 | Accounting policies
| Basis of preparation
| The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
| Turnover
| Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
| Intangible fixed assets
| Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
| Tangible fixed assets
| Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
| Freehold buildings | over 50 years
| Leasehold land and buildings | over the lease term
| Plant and machinery | over 5 years
| Fixtures, fittings, tools and equipment | over 5 years
| Investments
| Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
| Stocks
| Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
| Debtors
| Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
| Creditors
| Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
| Taxation
| A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
| Provisions
| Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
| Foreign currency translation
| Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
| Leased assets
| A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.
| Pensions
| Contributions to defined contribution plans are expensed in the period to which they relate.
2 | Employees | 2025 |  | 2024
Number | Number
| Average number of persons employed by the company | 1 |  | 1
3 | Tangible fixed assets
|  |  |  |  |  |  |  | Plant and machinery etc
£
| Cost
| At 1 September 2024 | 26,661
| At 31 March 2025 | 26,661
| Depreciation
| At 1 September 2024 | 331
| Charge for the period | 2,633
| At 31 March 2025 | 2,964
| Net book value
| At 31 March 2025 | 23,697
| At 31 August 2024 | 26,330
4 | Investments
Other
investments
£
| Cost
| At 1 September 2024 | 82,500
| At 31 March 2025 | 82,500
5 | Debtors | 2025 |  | 2024
£ | £
| Other debtors | 2,484 |  | 2,484
6 | Creditors: amounts falling due within one year | 2025 |  | 2024
£ | £
| Taxation and social security costs | 396 |  | 396
| Other creditors | 4,765 |  | 4,765
|  |  |  |  |  | 5,161 |  | 5,161
7 | Creditors: amounts falling due after one year | 2025 |  | 2024
£ | £
| Bank loans | 19,564 |  | 26,663
8 | Other information
| PTP SOURCING LTD is a private company limited by shares and incorporated in England. Its registered office is:
| 34 ST HELENA ROAD
| ENGLAND
| BRADFORD
| WEST YORKSHIRE
| BD6 1SZ

PTP SOURCING LTD
Detailed profit and loss account
for the period from 1 September 2024 to 31 March 2025
This schedule does not form part of the statutory accounts
|  | 2025 |  | 2024
£ | £
Sales | 21,477 |  | 65,092
Cost of sales | (2,500) |  | (2,750)
Gross profit | 18,977 |  | 62,342
Administrative expenses | (23,457) |  | (33,996)
Operating (loss)/profit | (4,480) |  | 28,346
Interest payable | - |  | (129)
(Loss)/profit before tax |  | (4,480) |  | 28,217

PTP SOURCING LTD
Detailed profit and loss account
for the period from 1 September 2024 to 31 March 2025
This schedule does not form part of the statutory accounts
|  | 2025 |  | 2024
£ | £
Sales
Sales | 21,477 |  | 65,092
Cost of sales
Other direct costs | 2,500 |  | 2,750
Administrative expenses
Employee costs:
| Motor expenses | 20,348 |  | 32,726
|  | 20,348 |  | 32,726
Premises costs:
| Service charges | - |  | 445
|  | - |  | 445
General administrative expenses:
| Bank charges | 56 |  | 105
| Depreciation | 2,633 |  | -
|  | 2,689 |  | 105
Legal and professional costs:
| Accountancy fees | 420 |  | 720
|  | 420 |  | 720
|  | 23,457 |  | 33,996

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