PRO ART GROUP LTD

Company Registration Number:
13189728 (England and Wales)

Unaudited statutory accounts for the year ended 28 February 2023

Period of accounts

Start date: 1 March 2022

End date: 28 February 2023

PRO ART GROUP LTD

Contents of the Financial Statements

for the Period Ended 28 February 2023

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

PRO ART GROUP LTD

Profit And Loss Account

for the Period Ended 28 February 2023

2023 13 months to 28 February 2022


£

£
Turnover: 711,095 605,221
Cost of sales: ( 622,346 ) ( 521,099 )
Gross profit(or loss): 88,749 84,122
Administrative expenses: ( 93,542 ) ( 90,359 )
Operating profit(or loss): (4,793) (6,237)
Profit(or loss) before tax: (4,793) (6,237)
Profit(or loss) for the financial year: (4,793) (6,237)

PRO ART GROUP LTD

Balance sheet

As at 28 February 2023

Notes 2023 13 months to 28 February 2022


£

£
Current assets
Debtors: 3 361,208 401,973
Cash at bank and in hand: 19,644 2,307
Investments: 4 0 12,000
Total current assets: 380,852 416,280
Creditors: amounts falling due within one year: 5 ( 256,371 ) ( 421,553 )
Net current assets (liabilities): 124,481 (5,273)
Total assets less current liabilities: 124,481 ( 5,273)
Creditors: amounts falling due after more than one year: 6 ( 128,274 ) 0
Total net assets (liabilities): (3,793) (5,273)
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: (4,793 ) (6,273 )
Total Shareholders' funds: ( 3,793 ) (5,273)

The notes form part of these financial statements

PRO ART GROUP LTD

Balance sheet statements

For the year ending 28 February 2023 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 30 November 2023
and signed on behalf of the board by:

Name: Darja Oskina
Status: Director

The notes form part of these financial statements

PRO ART GROUP LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

PRO ART GROUP LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 2. Employees

    2023 13 months to 28 February 2022
    Average number of employees during the period 3 3

PRO ART GROUP LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

3. Debtors

2023 13 months to 28 February 2022
£ £
Trade debtors 361,208 401,973
Total 361,208 401,973

PRO ART GROUP LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

4. Current assets investments note

no investments were raised in the current reporting period

PRO ART GROUP LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

5. Creditors: amounts falling due within one year note

2023 13 months to 28 February 2022
£ £
Trade creditors 256,371 421,553
Total 256,371 421,553

PRO ART GROUP LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

6. Creditors: amounts falling due after more than one year note

2023 13 months to 28 February 2022
£ £
Other creditors 128,274 0
Total 128,274 0