Abbreviated Company Accounts - PPP DEVELOPMENTS LIMITED

PPP DEVELOPMENTS LIMITED - Company Information

Registered Number 07147171

PPP DEVELOPMENTS LIMITED

Abbreviated Accounts

29 February 2016

PPP DEVELOPMENTS LIMITED Registered Number 07147171

Abbreviated Balance Sheet as at 29 February 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	626,508	620,559
		626,508	620,559
Current assets
Cash at bank and in hand		336	1,503
		336	1,503
Creditors: amounts falling due within one year		(681,404)	(674,627)
Net current assets (liabilities)		(681,068)	(673,124)
Total assets less current liabilities		(54,560)	(52,565)
Total net assets (liabilities)		(54,560)	(52,565)
Capital and reserves
Called up share capital		10	10
Profit and loss account		(54,570)	(52,575)
Shareholders' funds		(54,560)	(52,565)

For the year ending 29 February 2016 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 25 November 2016

And signed on their behalf by:
DW Bowler, Director

PPP DEVELOPMENTS LIMITED Registered Number 07147171

Notes to the Abbreviated Accounts for the period ended 29 February 2016

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 Fittings 25% straight line

Depreciation is not provided on the Leasehold Property.

2Tangible fixed assets

	£
Cost
At 1 March 2015	627,482
Additions	7,932
Disposals	-
Revaluations	-
Transfers	-
At 29 February 2016	635,414
Depreciation
At 1 March 2015	6,923
Charge for the year	1,983
On disposals	-
At 29 February 2016	8,906
Net book values
At 29 February 2016	626,508
At 28 February 2015	620,559