Company Registration No. 06695574 (England and Wales)
PROSPERITAS FINANCE LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
PAGES FOR FILING WITH REGISTRAR
PROSPERITAS FINANCE LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2
PROSPERITAS FINANCE LIMITED
BALANCE SHEET
AS AT
31 MARCH 2023
31 March 2023
- 1 -
2023
2022
Notes
£
£
£
£
Current assets
Cash at bank and in hand
4,716
6,399
Creditors: amounts falling due within one year
3
(5,645)
(6,444)
Net current liabilities
(929)
(45)
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
(1,029)
(145)
Total equity
(929)
(45)

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and signed by the director and authorised for issue on 31 October 2023
Yashwant Patel
Director
Company Registration No. 06695574
PROSPERITAS FINANCE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
- 2 -
1
Accounting policies
Company information

Prosperitas Finance Limited is a private company limited by shares incorporated in England and Wales. The registered office is 28 Stone Road, Bromley, England, BR2 9AU.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

Atruet the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the director continues to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Turnover

Turnover represents fees received for services provided.

1.4
Cash and cash equivalents

Cash at bank and in hand are basic financial assets and include deposits held at call with banks.

1.5
Financial instruments

The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value, with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

1.6
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

2
Employees

Other than the director the company had no employees during the year.

3
Creditors: amounts falling due within one year
2023
2022
£
£
Trade creditors
1,046
-
0
Other creditors
3,699
5,544
Accruals
900
900
5,645
6,444
2023-03-312022-04-01false31 October 2023CCH SoftwareCCH Accounts Production 2023.100No description of principal activityYashwant Patel0066955742022-04-012023-03-31066955742023-03-31066955742022-03-3106695574core:CurrentFinancialInstrumentscore:WithinOneYear2023-03-3106695574core:CurrentFinancialInstrumentscore:WithinOneYear2022-03-3106695574core:CurrentFinancialInstruments2023-03-3106695574core:CurrentFinancialInstruments2022-03-3106695574core:ShareCapital2023-03-3106695574core:ShareCapital2022-03-3106695574core:RetainedEarningsAccumulatedLosses2023-03-3106695574core:RetainedEarningsAccumulatedLosses2022-03-3106695574bus:ChiefExecutive2022-04-012023-03-3106695574bus:PrivateLimitedCompanyLtd2022-04-012023-03-3106695574bus:SmallCompaniesRegimeForAccounts2022-04-012023-03-3106695574bus:FRS1022022-04-012023-03-3106695574bus:AuditExemptWithAccountantsReport2022-04-012023-03-3106695574bus:Director12022-04-012023-03-3106695574bus:FullAccounts2022-04-012023-03-31xbrli:purexbrli:sharesiso4217:GBP