REGISTERED NUMBER: 10058404 (England and Wales)

Financial Statements

for the Year Ended 31 August 2025

for

PPP Properties Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

S Pullen

Mrs N Pullen

SECRETARY:

S Pullen

REGISTERED OFFICE:

Unit 1 Pressmore Farm Barns

Ashley Green Road

Chesham

Buckinghamshire

HP5 3PF

REGISTERED NUMBER:

10058404 (England and Wales)

ACCOUNTANTS:

Parker Cavendish

Chartered Accountants

Suite 301, Stanmore Business

and Innovation Centre

Howard Road

Stanmore

Middlesex

HA7 1FW

FIXED ASSETS

Property, plant and equipment

4

455

746

Investments

5

87,089

31,377

Investment property

6

2,195,989

2,488,788

2,283,533

2,520,911

CURRENT ASSETS

Debtors

7

27,212

28,698

Cash at bank and in hand

14,727

8,722

41,939

37,420

CREDITORS

Amounts falling due within one year

8

2,993,320

2,880,514

NET CURRENT LIABILITIES

(2,951,381

)

(2,843,094

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(667,848

)

(322,183

)

CREDITORS

Amounts falling due after more than one year

9

-

25,056

NET LIABILITIES

(667,848

)

(347,239

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(667,850

)

(347,241

)

(667,848

)

(347,239

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 May 2026 and were signed on its behalf by:

S Pullen - Director

1.	STATUTORY INFORMATION

PPP Properties Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 represents rents receivable 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 etc

-

25% Straight line

Investment property

Initial measurement

Investment properties are initially measured at cost.

Subsequent measurement

Investment properties are measured at fair value at each reporting date with changes in fair values recognised in profit or loss. No depreciation is provided in respect of investment properties.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Investments

Investments are initially recognised at cost and at fair value at the end of each period if the value can be measured reliably.

3.	EMPLOYEES AND DIRECTORS

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

4.	PROPERTY, PLANT AND EQUIPMENT

Plant and

machinery

etc

£

COST

At 1 September 2024

and 31 August 2025

1,162

DEPRECIATION

At 1 September 2024

416

Charge for year

291

At 31 August 2025

707

NET BOOK VALUE

At 31 August 2025

455

At 31 August 2024

746

5.	FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:

2025

2024

£

£

Valuation b/f

31,377

71,514

Additions

37,757

-

Disposals

-

(41,498

)

Revaluation

17,955

1,361

87,089

31,377

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 September 2024

2,488,788

Additions

160,619

Disposals

(263,033

)

Revaluations

(190,385

)

At 31 August 2025

2,195,989

NET BOOK VALUE

At 31 August 2025

2,195,989

At 31 August 2024

2,488,788

Fair value at 31 August 2025 is represented by:

£

Valuation in 2025

2,195,989

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

2025

2024

£

£

Cost

2,662,158

2,764,571

The investment properties were valued on an open market basis on 31 August 2025 by the directors .

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

2,550

4,343

Other debtors

3,498

21,514

Value added tax

20,640

2,407

Prepayments & accrued income

524

434

27,212

28,698

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

7,848

10,000

Other loans

16,949

40,678

Trade creditors

8,229

849

Other creditors

821

118,855

Service charges

33,280

37,646

Directors' current accounts

2,904,038

2,646,175

Accruals & deferred income

22,155

26,311

2,993,320

2,880,514

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loan

-

8,107

Other loan

-

16,949

-

25,056

The other loan is secured on an investment property.