ACCOUNTS - Final Accounts preparation

PPM GROUP LIMITED - Company Information

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Registered number: 07008495

PPM GROUP LIMITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 2016

Whiting & Partners

Chartered Accountants & Business Advisers

George Court

Bartholomew's Walk

Ely

Cambridgeshire

CB7 4JW

PPM GROUP LIMITED

REGISTERED NUMBER: 07008495

ABBREVIATED BALANCE SHEET

AS AT 30 APRIL 2016

2016

2015

	Note	£	£	£	£
FIXED ASSETS
Investments	2		100		100

CURRENT ASSETS
Cash at bank	11		12
CREDITORS: amounts falling due within one year	(274)		(210)
NET CURRENT LIABILITIES		(263)		(198)

TOTAL ASSETS LESS CURRENT LIABILITIES

(163)

(98)

CAPITAL AND RESERVES
Called up share capital	3	100	100
Profit and loss account		(263)	(198)

SHAREHOLDERS' DEFICIT

(163)

(98)

The directors consider that the company is entitled to exemption from the requirement to have an audit under the provisions of section 477 of the Companies Act 2006 ("the Act") and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Act.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and for preparing financial statements which give a true and fair view of the state of affairs of the company as at 30 April 2016 and of its loss for the year in accordance with the requirements of sections 394 and 395 of the Act and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The abbreviated accounts, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006, were approved and authorised for issue by the board and were signed on its behalf by:

Mrs C S Sutton

Director

Date: 25 November 2016

The notes on pages 2 to 3 form part of these financial statements.

Page 1

PPM GROUP LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 2016

1.ACCOUNTING POLICIES

	1.1	Basis of preparation of financial statements
		The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
		The company is the parent undertaking of a small group and as such is not required by the Companies Act 2006 to prepare group accounts. These financial statements therefore present information about the company as an individual undertaking and not about its group.

	1.2	Going concern
		These accounts are prepared on a going concern basis which assures the continued support of its directors and shareholders.

	1.3	Investments
		Investments held as fixed assets are shown at cost less provision for impairment.

2.FIXED ASSET INVESTMENTS

		£
	Cost or valuation
	At 1 May 2015 and 30 April 2016	100

	Net book value
	At 30 April 2016	100
	At 30 April 2015	100

Subsidiary undertakings

The following were subsidiary undertakings of the company:

			2016	2015
Name	Class of shares	Holding	£	£

Preferred Project Managers Limited	Ordinary 'A'	100%	90	90
Preferred Project Managers Limited	Ordinary 'B'	100%	10	10
			100	100

Page 2

PPM GROUP LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 APRIL 2016

2.FIXED ASSET INVESTMENTS (continued)

The aggregate of the share capital and reserves as at 30 April 2016 and of the profit or loss for the year ended on that date for the subsidiary undertakings were as follows:

Name	Aggregate of share capital and reserves	Profit/(loss)
	£	£

Preferred Project Managers Limited	(37,015)	(24,138)

3.SHARE CAPITAL

	2016	2015
	£	£
Allotted, called up and fully paid

100 Ordinary shares of £1 each	100	100

Page 3