PPGM Consultants Limited - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 08217075 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2023

FOR

PPGM CONSULTANTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

E Dudko-Richardson

REGISTERED OFFICE:

8 Roberts Wood Road

Chalfont St Peter

Gerrards Cross

Buckinghamshire

SL9 0NH

REGISTERED NUMBER:

08217075 (England and Wales)

ACCOUNTANTS:

Leesing Marrison Lee & Co

Chartered Certified Accountants

46 Main Street

Mexborough

South Yorkshire

S64 9DU

FIXED ASSETS

Tangible assets

4

9,527

11,178

CURRENT ASSETS

Cash at bank

10,339

27,906

CREDITORS

Amounts falling due within one year

5

8,903

25,591

NET CURRENT ASSETS

1,436

2,315

TOTAL ASSETS LESS CURRENT LIABILITIES

10,963

13,493

PROVISIONS FOR LIABILITIES

1,810

2,124

NET ASSETS

9,153

11,369

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

8,953

11,169

SHAREHOLDERS' FUNDS

9,153

11,369

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2023 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 by the director and authorised for issue on 5 January 2024 and were signed by:

E Dudko-Richardson - Director

1.	STATUTORY INFORMATION

PPGM Consultants 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.

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

33% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 October 2022

452

30,707

31,159

Additions

-

3,247

3,247

Disposals

-

(1,198

)

(1,198

)

At 30 September 2023

452

32,756

33,208

DEPRECIATION

At 1 October 2022

267

19,714

19,981

Charge for year

37

4,620

4,657

Eliminated on disposal

-

(957

)

(957

)

At 30 September 2023

304

23,377

23,681

NET BOOK VALUE

At 30 September 2023

148

9,379

9,527

At 30 September 2022

185

10,993

11,178

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

£

£

Trade creditors

-

1,163

Taxation and social security

7,722

13,171

Other creditors

1,181

11,257

8,903

25,591

6.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is E Dudko-Richardson.