Abbreviated Company Accounts - PPP DEVELOPMENTS LIMITED

PPP DEVELOPMENTS LIMITED - Company Information

07147171 PPP DEVELOPMENTS LIMITED 2015-02-28 false 2014-03-01 2015-02-28 true 07147171 2014-03-01 2015-02-28 07147171 2015-02-28 07147171 2014-02-28 07147171 uk-gaap-cd-bus:Director1 2014-03-01 2015-02-28 07147171 uk-gaap-cd-bus:Director2 2014-03-01 2015-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2014-03-01 2015-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2015-02-28 uk-gaap-cd-bus:OrdinaryShareClass1 2014-02-28 iso4217:GBP shares

Registered Number 07147171

PPP DEVELOPMENTS LIMITED

Abbreviated Accounts

28 February 2015

PPP DEVELOPMENTS LIMITED Registered Number 07147171

Abbreviated Balance Sheet as at 28 February 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	620,559	622,151
		620,559	622,151
Current assets
Cash at bank and in hand		1,503	953
		1,503	953
Creditors: amounts falling due within one year		(674,627)	(677,494)
Net current assets (liabilities)		(673,124)	(676,541)
Total assets less current liabilities		(52,565)	(54,390)
Total net assets (liabilities)		(52,565)	(54,390)
Capital and reserves
Called up share capital	3	10	10
Profit and loss account		(52,575)	(54,400)
Shareholders' funds		(52,565)	(54,390)

For the year ending 28 February 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 26 November 2015

And signed on their behalf by:
David Bowler, Director

PPP DEVELOPMENTS LIMITED Registered Number 07147171

Notes to the Abbreviated Accounts for the period ended 28 February 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the amounts (excluding value added tax) derived from the provision of services to customers during the period.

Tangible assets depreciation policy
Depreciation is provided on certain tangible fixed assets at rates calculated to write each asset down to its estimated residual value evenly over its expected useful life, as follows:
Fixtures and Equipment 25% straight line

Depreciation is not provided on the Leasehold Property.

2Tangible fixed assets

	£
Cost
At 1 March 2014	627,482
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 28 February 2015	627,482
Depreciation
At 1 March 2014	5,331
Charge for the year	1,592
On disposals	-
At 28 February 2015	6,923
Net book values
At 28 February 2015	620,559
At 28 February 2014	622,151

3Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
10 Ordinary shares of £1 each	10	10

There were no changes in share capital during the year.