P.P.V. Holdings Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

1. General Information

P.P.V. Holdings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10271813 . The registered office is 62 Main Street, Yaxley, Peterborough, PE7 3LU.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are Cryptocurrencies.

Cryptocurrencies are initially recognised at cost. After recognition, under the revaluation model, they are measured at cost less any accumulated impairment losses. At each reporting date the company assesses whether there is any indication of impairment. If such indication existed, the recoverable amount of the asset is determined which is higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount. As cryptocurrencies are designed to act as a store of value over time, they are considered to have an indefinate life.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Motor vehicles	20% Reducing balance
Computer equipment	20% Reducing balance

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.

2.5. Cash and Cash Equivalents

Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term liquid investments with original maturities of three months or less and bank overdrafts. Bank overdrafts are showin within borrowings in current liabilities.

2.6. Financial Instruments

The company has elected to apply the provisions of Section 11 “Basic Financial Instruments” and Section 12 “Other Financial Instruments Issues” of FRS 102 in full.

Basic financial assets, including trade and other debtors, cash and bank balances, and investments in ordinary shares that are not publicly traded, are initially recognised at transaction price unless the arrangement constitutes a financing transaction. Such assets are subsequently carried at amortised cost using the effective interest method, less impairment where applicable.

Basic financial liabilities, including trade and other creditors, bank loans, director loans, and amounts owed to group undertakings, are initially recognised at transaction price unless the arrangement constitutes a financing transaction.

Debt instruments are subsequently measured at amortised cost using the effective interest method.

Financial assets are derecognised when the contractual rights to the cash flows expire or are settled. Financial liabilities are derecognised when the obligation is discharged, cancelled, or expires.

Impairment losses are recognised where there is objective evidence that a financial asset is impaired.

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P.P.V. Holdings Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2026

2.7. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

2.8. Pensions

Contributions to defined contribution plans are expensed in the period to which they relate.

2.9. 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.

2.10. 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.

2.11. 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

2.12. Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.13. Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

2.14. Interest income

Interest income is recognised in the profit and loss using the effective interest method.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 4 (2025: 4)

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P.P.V. Holdings Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2026

4. Intangible Assets

	Crypto currency
	£
Cost
As at 1 August 2025	75,523
Disposals	(75,523 )

As at 31 July 2026	-

Amortisation
As at 1 August 2025	(37,554 )
Impairment losses	37,554

As at 31 July 2026	-

Net Book Value
As at 31 July 2026	-

As at 1 August 2025	113,077

5. Tangible Assets

	Motor vehicles	Computer equipment	Total
	£	£	£
Cost
As at 1 August 2025	52,593	1,075	53,668

As at 31 July 2026	52,593	1,075	53,668

Depreciation
As at 1 August 2025	13,318	170	13,488
Provided during the period	7,855	181	8,036

As at 31 July 2026	21,173	351	21,524

Net Book Value
As at 31 July 2026	31,420	724	32,144

As at 1 August 2025	39,275	905	40,180

6. Investments

	Unlisted
	£
Cost
As at 1 August 2025	51

As at 31 July 2026	51

Provision
As at 1 August 2025	-

As at 31 July 2026	-

...CONTINUED

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P.P.V. Holdings Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2026

Net Book Value
As at 31 July 2026	51

As at 1 August 2025	51

7. Debtors

	2026	2025
	£	£
Due within one year
Other debtors	2,654,567	2,755,515

8. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	3,911	3,911
Other creditors	12,751	13,488

	16,662	17,399

Obligations under finance lease and hire purchase contracts of £3,911 (2025: £3,911), due within one year, are secured by the company.

9. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	24,466	28,377

Obligations under finance lease and hire purchase contracts of £24,466 (2025: £28,377), due after more than one year, are secured by the company

10. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	204	204

11. Related Party Disclosures

During the year, the company loaned monies to a company under common control. At the balance sheet date £2,591,703 (2025: £2,600,377) was still outstanding and is shown within other debtors. Interest of £26,123 has been charged on this loan (2025: £8,673).

During the year, the company loaned monies to a company controlled by family members. At the balance sheet date £60,349 (2025: £150,000) was still outstanding and is shown within other debtors. No interest has been charged on this loan. This loan is repayable on demand.

During the year, the company was loaned monies from a director. At the balance sheet date £9,852 (2025: £10,716) was owed to a director, which is shown within other creditors. No interest has been charged on this loan, this loan is repayable on demand.

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		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		-		113,077
Tangible Assets	5		32,144		40,180
Investments	6		51		51

			32,195		153,308
CURRENT ASSETS
Debtors	7	2,654,567		2,755,515
Cash at bank and in hand		1,455,676		865,672

		4,110,243		3,621,187
Creditors: Amounts Falling Due Within One Year	8	(16,662 )		(17,399 )

NET CURRENT ASSETS (LIABILITIES)			4,093,581		3,603,788

TOTAL ASSETS LESS CURRENT LIABILITIES			4,125,776		3,757,096

Creditors: Amounts Falling Due After More Than One Year	9		(24,466 )		(28,377 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(6,107 )		(14,769 )

NET ASSETS			4,095,203		3,713,950

CAPITAL AND RESERVES
Called up share capital	10		204		204
Profit and Loss Account			4,094,999		3,713,746

SHAREHOLDERS' FUNDS			4,095,203		3,713,950