2017-09-01 2018-08-31 false Capium Accounts Production 1.1 07745180 bus:FullAccounts 2017-09-01 2018-08-31 07745180 bus:FRS102 2017-09-01 2018-08-31 07745180 bus:AuditExemptWithAccountantsReport 2017-09-01 2018-08-31 07745180 bus:SmallCompaniesRegimeForAccounts 2017-09-01 2018-08-31 07745180 bus:PrivateLimitedCompanyLtd 2017-09-01 2018-08-31 07745180 2017-09-01 2018-08-31 07745180 2018-08-31 07745180 bus:RegisteredOffice 2017-09-01 2018-08-31 07745180 core:WithinOneYear 2018-08-31 07745180 core:AfterOneYear 2018-08-31 07745180 bus:Director1 2017-09-01 2018-08-31 07745180 bus:Director1 2018-08-31 07745180 bus:Director1 2016-09-01 2017-08-31 07745180 bus:Director2 2017-09-01 2018-08-31 07745180 bus:Director2 2018-08-31 07745180 bus:Director2 2016-09-01 2017-08-31 07745180 2016-09-01 07745180 bus:CompanySecretary1 2017-09-01 2018-08-31 07745180 bus:LeadAgentIfApplicable 2017-09-01 2018-08-31 07745180 2016-09-01 2017-08-31 07745180 2017-08-31 07745180 core:WithinOneYear 2017-08-31 07745180 core:AfterOneYear 2017-08-31 07745180 bus:EntityAccountantsOrAuditors 2016-09-01 2017-08-31 07745180 core:ComputerEquipment 2017-09-01 2018-08-31 07745180 core:ComputerEquipment 2018-08-31 07745180 core:ComputerEquipment 2017-08-31 07745180 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2018-08-31 07745180 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2017-08-31 07745180 core:CostValuation core:Non-currentFinancialInstruments 2018-08-31 07745180 core:CostValuation core:Non-currentFinancialInstruments 2017-08-31 07745180 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2018-08-31 07745180 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2018-08-31 07745180 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2018-08-31 07745180 core:Non-currentFinancialInstruments 2018-08-31 07745180 core:Non-currentFinancialInstruments 2017-08-31 07745180 core:ShareCapital 2018-08-31 07745180 core:ShareCapital 2017-08-31 07745180 core:RetainedEarningsAccumulatedLosses 2018-08-31 07745180 core:RetainedEarningsAccumulatedLosses 2017-08-31 07745180 core:ShareCapitalOrdinaryShares 2017-09-01 07745180 core:ShareCapitalOrdinaryShares 2016-09-01 07745180 core:ShareCapitalOrdinaryShares 2017-09-01 2018-08-31 07745180 core:ShareCapitalOrdinaryShares 2016-09-01 2017-08-31 07745180 core:ShareCapitalOrdinaryShares 2018-08-31 07745180 core:ShareCapitalOrdinaryShares 2017-08-31 07745180 core:RetainedEarningsAccumulatedLosses 2017-09-01 07745180 core:RetainedEarningsAccumulatedLosses 2016-09-01 07745180 core:RetainedEarningsAccumulatedLosses 2017-09-01 2018-08-31 07745180 core:RetainedEarningsAccumulatedLosses 2016-09-01 2017-08-31 07745180 core:RetainedEarningsAccumulatedLosses 2018-08-31 07745180 core:RetainedEarningsAccumulatedLosses 2017-08-31 07745180 dpl:Item1 2017-09-01 07745180 dpl:Item1 2018-08-31 07745180 dpl:Item1 2016-09-01 07745180 dpl:Item1 2017-08-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number : 07745180


 

 

 

PROSTECK LTD


Unaudited Financial Statements
 


Period of accounts

Start date: 01 September 2017

End date: 31 August 2018
Directors Mr. Ravi Kumar POLAMPELLI
Mrs.Swapna PULLEMLA
Registered Number 07745180
Registered Office 22 REDWING PLACE
WELDON
CORBY
NN17 5AS
Accountants DAVIS JACOBSON LTD
143 Heswall Court
Bailey Street
Luton
LU1 3DU
1
The directors present their report and accounts for the year ended 31 August 2018.
Principal activities
The Principal activity of the company during the financial year continued to be providing information technology consultancy services.
Directors
The directors who served the company throughout the year were as follows:
Mr. Ravi Kumar POLAMPELLI (from 18/08/2011)
Mrs.Swapna PULLEMLA (from 27/01/2017)

Statement of director's responsibilities
The directors are responsible for preparing the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (Financial Reporting Standard 102 and applicable law). The financial statements are required by law to give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:

- select suitable accounting policies and then apply them consistently;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. The directors are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The directors at the date of approval of this report each confirm that:
- so far as the directors are aware, there is no relevant information of which the company’s auditor is unaware; and
- the directors have taken all the steps that they ought to have taken in order to make themselves aware of any relevant audit information and to establish that the company’s auditor is aware of that information.

Signed on behalf of the board


----------------------------------
Mr. Ravi Kumar POLAMPELLI
Director

Date approved: 13 November 2018
2
 
 
Notes
 
2018
£
  2017
£
Fixed assets      
Tangible fixed assets 2 381    508 
381    508 
Current assets      
Debtors 3 287   
Cash at bank and in hand 130,995    131,387 
131,282    131,387 
Creditors: amount falling due within one year 4 (44,055)   (49,439)
Net current assets 87,227    81,948 
 
Total assets less current liabilities 87,608    82,456 
Net assets 87,608    82,456 
 

Capital and reserves
     
Called up share capital 100    100 
Profit and loss account 87,508    82,356 
Shareholders funds 87,608    82,456 
 


For the year ended 31 August 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's Responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have elected not to include the profit and loss account within the financial statements.
Signed on behalf of the board of directors


--------------------------------
Mr. Ravi Kumar POLAMPELLI
Director

Date approved by the board: 13 November 2018
3
  Equity share capital   Profit and loss account   Total
£ £ £
At 01 September 2016 100  40,134  40,234 
Profit for the year 82,222  82,222 
Total comprehensive income for the year 82,222  82,222 
Dividends (40,000) (40,000)
Total investments by and distributions to owners (40,000) (40,000)
At 31 August 2017 100  82,356  82,456 
At 01 September 2017 100  82,356  82,456 
Profit for the year 77,392  77,392 
Total comprehensive income for the year 77,392  77,392 
Dividends (72,240) (72,240)
Total investments by and distributions to owners (72,240) (72,240)
At 31 August 2018 100  87,508  87,608 
4
General Information
PROSTECK LTD is a private limited company, limited by shares, domiciled in , registration number 07745180,registration address 22 REDWING PLACE,WELDON ,CORBY,NN17 5AS.

The presentation currency is £ sterling.
1.

Accounting Policies

Basis of accounting
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Financial Reporting Standard for Smaller Entities (effective January 2016).
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Computer Equipment 5 Straight Line
2.

Tangible fixed assets

Cost or Valuation Computer Equipment   Total
  £   £
At 01 September 2017 2,580    2,580 
Additions  
Disposals  
At 31 August 2018 2,580    2,580 
Depreciation
At 01 September 2017 2,072    2,072 
Charge for year 127    127 
On disposals  
At 31 August 2018 2,199    2,199 
Net book values
Closing balance as at 31 August 2018 381    381 
Opening balance as at 01 September 2017 508    508 


3.

Debtors: amounts falling due within one year

2018
£
  2017
£
PAYE & Social Security 287   
287   

4.

Creditors: amount falling due within one year

2018
£
  2017
£
Corporation Tax 18,183    20,587 
PAYE & Social Security   190 
Other Creditors 10,272    20,371 
Wages & Salaries Control Account 817   
Directors' Current Accounts 5,322   
Director: Mr. Ravi Kumar POLAMPELLI 817   
VAT 8,644    8,291 
44,055    49,439 

5.

Ultimate Control

Mr. Ravi Kumar Polampelli is the Director and 50% Shareholder with Ultimate control in the company.
5