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Company Registration No. 12391224 (England and Wales)
PROSPEROHUB CONSULTING LIMITED Unaudited accounts for the year ended 31 March 2023
PROSPEROHUB CONSULTING LIMITED Unaudited accounts Contents
Page
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PROSPEROHUB CONSULTING LIMITED Company Information for the year ended 31 March 2023
Directors
Colin Abercrombie Neil Duncan Grant Ritchie
Company Number
12391224 (England and Wales)
Registered Office
71-75 Shelton Street Covent Garden London WC2H 9JQ England
Accountants
Calculo Ltd Red Tree Magenta 270 Glasgow Road Glasgow G73 1SA
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Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of PROSPEROHUB CONSULTING LIMITED for the year ended 31 March 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of PROSPEROHUB CONSULTING LIMITED for the year ended 31 March 2023 as set out on pages 5 - 7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
This report is made solely to the Board of Directors of PROSPEROHUB CONSULTING LIMITED, as a body, in accordance with the terms of our engagement letter dated 12 February 2020. Our work has been undertaken solely to prepare for your approval the accounts of PROSPEROHUB CONSULTING LIMITED and state those matters that we have agreed to state to the Board of Directors of PROSPEROHUB CONSULTING LIMITED, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than PROSPEROHUB CONSULTING LIMITED and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that PROSPEROHUB CONSULTING LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of PROSPEROHUB CONSULTING LIMITED. You consider that PROSPEROHUB CONSULTING LIMITED is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of PROSPEROHUB CONSULTING LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Calculo Ltd Chartered Certified Accountants Red Tree Magenta 270 Glasgow Road Glasgow G73 1SA 22 December 2023
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PROSPEROHUB CONSULTING LIMITED Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
2,495 
Current assets
Debtors
- 
159,682 
Cash at bank and in hand
100 
2,503 
100 
162,185 
Creditors: amounts falling due within one year
- 
(106,893)
Net current assets
100 
55,292 
Total assets less current liabilities
100 
57,787 
Creditors: amounts falling due after more than one year
- 
(43,039)
Net assets
100 
14,748 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
- 
14,648 
Shareholders' funds
100 
14,748 
For the year ending 31 March 2023 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 22 December 2023 and were signed on its behalf by
Colin Abercrombie Director Company Registration No. 12391224
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PROSPEROHUB CONSULTING LIMITED Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
PROSPEROHUB CONSULTING LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12391224. The registered office is 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
3 year straight line
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 April 2022
3,742 
Disposals
(3,742)
At 31 March 2023
- 
Depreciation
At 1 April 2022
1,247 
On disposals
(1,247)
At 31 March 2023
- 
Net book value
At 31 March 2023
- 
At 31 March 2022
2,495 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Amounts due from group undertakings etc.
- 
157,416 
Other debtors
- 
2,266 
- 
159,682 
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PROSPEROHUB CONSULTING LIMITED Notes to the Accounts for the year ended 31 March 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
- 
27,500 
VAT
- 
26,390 
Trade creditors
- 
26,813 
Taxes and social security
- 
8,651 
Other creditors
- 
17,539 
- 
106,893 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
- 
43,039 
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Controlling party
ProsperoHub Consulting Limited is a wholly owned subsidiary of ProsperoHub Limited registered office address: 71-75 Shelton Street, Covent Garden, London, England, WC2H 9JQ
10
Average number of employees
During the year the average number of employees was 0 (2022: 16).
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