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REGISTERED NUMBER: 01490795 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2021

FOR

Prolog Management Limited

Prolog Management Limited (Registered number: 01490795)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Prolog Management Limited

COMPANY INFORMATION
for the Year Ended 31 December 2021







DIRECTORS: Mr J R Harris
Mrs M S Harris





SECRETARY: Mr J R Harris





REGISTERED OFFICE: Units SCF 1 & 2, South Core,
Western Intl Market,
Hayes Road
Southall
Middlesex
UB2 5XJ





REGISTERED NUMBER: 01490795 (England and Wales)





ACCOUNTANTS: COOPER DAWN JERROM LIMITED
CHARTERED ACCOUNTANTS
Units SCF 1 & 2
Western International Market
Hayes Road
Southall
Middlesex
UB2 5XJ

Prolog Management Limited (Registered number: 01490795)

BALANCE SHEET
31 December 2021

31.12.21 31.12.20
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 240,285
Investments 5 843,315 752,151
843,315 992,436

CURRENT ASSETS
Debtors 6 368,577 362,299
Cash at bank 435,382 198,243
803,959 560,542
CREDITORS
Amounts falling due within one year 7 1,030,931 1,018,939
NET CURRENT LIABILITIES (226,972 ) (458,397 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

616,343

534,039

CAPITAL AND RESERVES
Called up share capital 2,089 2,089
Capital redemption reserve 2,931 2,931
Retained earnings 611,323 529,019
616,343 534,039

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 9 September 2022 and were signed on its behalf by:



Mr J R Harris - Director


Prolog Management Limited (Registered number: 01490795)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2021

1. STATUTORY INFORMATION

Prolog Management 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.

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2020 - 2 ) .

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
At 1 January 2021 240,285
Disposals (240,285 )
At 31 December 2021 -
NET BOOK VALUE
At 31 December 2021 -
At 31 December 2020 240,285

5. FIXED ASSET INVESTMENTS

Fixed asset investments are shown at cost. The market value as at 31.12.2021 was £1,410,102.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.21 31.12.20
£    £   
Amounts owed by group undertakings 363,194 362,284
Other debtors 5,383 15
368,577 362,299

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.21 31.12.20
£    £   
Taxation and social security 23,188 12,348
Other creditors 1,007,743 1,006,591
1,030,931 1,018,939

Prolog Management Limited (Registered number: 01490795)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2021

8. ULTIMATE CONTROLLING PARTY

The controlling party is Mr J R Harris.