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REGISTERED NUMBER: 07443069 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

PROMODO (UK) LTD

PROMODO (UK) LTD (REGISTERED NUMBER: 07443069)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PROMODO (UK) LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2023







DIRECTORS: M Scudamore
A Kolb





REGISTERED OFFICE: AT5 The Terrace
Grantham Street
Lincoln
Lincolnshire
LN2 1BD





REGISTERED NUMBER: 07443069 (England and Wales)





ACCOUNTANTS: Dexter & Sharpe (Lincoln) Ltd
Landmark House
1 Riseholme Road
Lincoln
Lincolnshire
LN1 3SN

PROMODO (UK) LTD (REGISTERED NUMBER: 07443069)

BALANCE SHEET
30 NOVEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 (94 ) -

CURRENT ASSETS
Debtors 5 14,281 7,150
Cash at bank 5,156 12,382
19,437 19,532
CREDITORS
Amounts falling due within one year 6 5,158 6,007
NET CURRENT ASSETS 14,279 13,525
TOTAL ASSETS LESS CURRENT
LIABILITIES

14,185

13,525

CREDITORS
Amounts falling due after more than one
year

7

(11,480

)

(13,385

)

PROVISIONS FOR LIABILITIES (42 ) -
NET ASSETS 2,663 140

CAPITAL AND RESERVES
Called up share capital 4 4
Retained earnings 2,659 136
SHAREHOLDERS' FUNDS 2,663 140

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 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.

PROMODO (UK) LTD (REGISTERED NUMBER: 07443069)

BALANCE SHEET - continued
30 NOVEMBER 2023


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 February 2024 and were signed on its behalf by:





M Scudamore - Director


PROMODO (UK) LTD (REGISTERED NUMBER: 07443069)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1. STATUTORY INFORMATION

Promodo (Uk) Ltd 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2022
DEPRECIATION
Charge for year 94
At 30 November 2023 94
NET BOOK VALUE
At 30 November 2023 (94 )

PROMODO (UK) LTD (REGISTERED NUMBER: 07443069)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 14,021 5,075
Other debtors 260 2,075
14,281 7,150

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 19 -
Taxation and social security 3,086 4,128
Other creditors 2,053 1,879
5,158 6,007

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Other creditors 11,480 13,385

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 November 2023 and 30 November 2022:

2023 2022
£    £   
M Scudamore
Balance outstanding at start of year 2,075 11,048
Amounts advanced 17,710 13,534
Amounts repaid (19,785 ) (22,507 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 2,075