PPA Properties Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 10907234 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

FOR

PPA PROPERTIES LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

N H Ost

REGISTERED OFFICE:

53 Princes Park Avenue

London

NW11 0JR

REGISTERED NUMBER:

10907234 (England and Wales)

ACCOUNTANTS:

Venitt and Greaves

Chartered Accountants

115 Craven Park Road

South Tottenham

London

N15 6BL

FIXED ASSETS

Investment property

5

438,234

180,000

CURRENT ASSETS

Debtors

6

234,849

190,649

Cash at bank

11,849

659

246,698

191,308

CREDITORS

Amounts falling due within one year

7

(499,090

)

(396,822

)

NET CURRENT LIABILITIES

(252,392

)

(205,514

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

185,842

(25,514

)

CREDITORS

Amounts falling due after more than one
year

8

(230,730

)

-

PROVISIONS FOR LIABILITIES

(3,142

)

(3,142

)

NET LIABILITIES

(48,030

)

(28,656

)

CAPITAL AND RESERVES

Called up share capital

11

1

Fair value reserve

12

16,535

Retained earnings

12

(64,566

)

(45,192

)

SHAREHOLDERS' FUNDS

(48,030

)

(28,656

)

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 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 and authorized for issue by the director and authorised for issue on 27 May 2026 and were signed by:

N H Ost - Director

1.	STATUTORY INFORMATION

Ppa Properties 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.

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

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover represents net rent receivable, excluding value added tax.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

4.	EMPLOYEES AND DIRECTORS

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

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 September 2024

180,000

Additions

258,234

At 31 August 2025

438,234

NET BOOK VALUE

At 31 August 2025

438,234

At 31 August 2024

180,000

Fair value at 31 August 2025 is represented by:

£

Valuation in 2020

16,535

Cost

421,699

438,234

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

Other debtors

234,849

190,649

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

Bank loans and overdrafts (see note 9)

127,684

Other creditors

365,327

262,855

Directors' current accounts

4,609

Accrued expenses

1,470

1,674

499,090

396,822

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.8.25

31.8.24

£

Bank loans (see note 9)

230,730

-

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

230,730

-

9.

LOANS

An analysis of the maturity of loans is given below:

31.8.25

31.8.24

£

Amounts falling due within one year or on demand:

Bank loans

127,684

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

230,730

-

10.	SECURED DEBTS

The following secured debts are included within creditors:

31.8.25

31.8.24

£

Bank loans

358,414

127,684

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.25

31.8.24

value:

£

1

Ordinary

£1

1

12.

RESERVES

Fair

Retained

value

earnings

reserve

Totals

£

At 1 September 2024

(45,192

)

16,535

(28,657

)

Deficit for the year

(19,374

)

(19,374

)

At 31 August 2025

(64,566

)

16,535

(48,031

)

13.	RELATED PARTY DISCLOSURES

Related Party diclosures

Other Debtors (Note 8) relates to amounts due from companies connected to the director and his family members. The loans are interest free and repayable on demand.

Other Creditors (Note 9) relates to amounts due to companies connected to the director and his family members. The loans are interest free and payable on demand.

14.	ULTIMATE CONTROLLING PARTY

The controlling party is N H Ost.