PRO ASSESSMENTS LIMITED

Company Registration Number:
05960894 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2023

Period of accounts

Start date: 01 August 2022

End date: 31 July 2023

PRO ASSESSMENTS LIMITED

Contents of the Financial Statements

for the Period Ended 31 July 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 12

PRO ASSESSMENTS LIMITED

Company Information

for the Period Ended 31 July 2023




Director: Sintija Foster-Aileru
Registered office: 177
Marlborough Road
Becontree
Dagenham
Essex
England
RM8 2EX
Company Registration Number: 05960894 (England and Wales)

PRO ASSESSMENTS LIMITED

Directors' Report Period Ended 31 July 2023

The directors present their report with the financial statements of the company for the period ended 31 July 2023

Principal Activities

The company’s principal activities continued to be providing Human Resources based Management Consultancy Services.

Political and charitable donations

During the year, the company made political contribution of £0 to the 0 parties and various charitable contributions totalling £0.

Additional information

The report of the Director has been prepared with the special provisions of part XV of the Companies Act 2006 relating to small companies.

Directors

The directors shown below have held office during the whole of the period from 01 August 2022 to 31 July 2023
Sintija Foster-Aileru

This report was approved by the board of directors on 22 April 2024
And Signed On Behalf Of The Board By:

Name: Sintija Foster-Aileru
Status: Director

PRO ASSESSMENTS LIMITED

Profit and Loss Account

for the Period Ended 31 July 2023


Notes

2023
£

2022
£
Turnover 87,206 98,347
Gross Profit or (Loss) 87,206 98,347
Administrative Expenses ( 85,897 ) ( 95,517 )
Operating Profit or (Loss) 1,309 2,830
Interest Payable and Similar Charges ( 153 ) ( 153 )
Profit or (Loss) Before Tax 1,156 2,677
Profit or (Loss) for Period 1,156 2,677

The notes form part of these financial statements

PRO ASSESSMENTS LIMITED

Balance sheet

As at 31 July 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 5 865 1,436
Total fixed assets: 865 1,436
Current assets
Debtors: 6 4,672 2,195
Cash at bank and in hand: 1,048
Total current assets: 5,720 2,195
Creditors: amounts falling due within one year: 7 ( 575 ) ( 70 )
Net current assets (liabilities): 5,145 2,125
Total assets less current liabilities: 6,010 3,561
Creditors: amounts falling due after more than one year: 8 ( 4,340 ) ( 430 )
Provision for liabilities: ( 513 ) ( 453 )
Total net assets (liabilities): 1,157 2,678

The notes form part of these financial statements

PRO ASSESSMENTS LIMITED

Balance sheet continued

As at 31 July 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 1,156 2,677
Shareholders funds: 1,157 2,678

For the year ending 31 July 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 22 April 2024
And Signed On Behalf Of The Board By:

Name: Sintija Foster-Aileru
Status: Director

The notes form part of these financial statements

PRO ASSESSMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover represents net invoiced sales of goods, excluding value added tax.

    Tangible fixed assets depreciation policy

    Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life. Freehold buildings - 2% on cost or revalued amounts, Plant and Machinery - 15% on cost, Office Equipment -20%, Fixtures and fittings - 20% on cost, Motor vehicles - 25% on cost

    Other accounting policies

    Deferred Taxation Provision is made at the current rates for taxation deferred in respect of all material timing differences except to the extent that, in opinion of the directors, there is reasonable profitability that the liability will not rise in the foreseeable future.

PRO ASSESSMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 1 1

PRO ASSESSMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 3. Off balance sheet disclosure

    No

PRO ASSESSMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

4. Dividends


2023
£

2022
£
Dividends paid 23,905 31,880

PRO ASSESSMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

5. Tangible assets

Office equipment Total
Cost £ £
At 01 August 2022 2,098 2,098
Additions 1,074 1,074
Disposals ( 1,782 ) ( 1,782 )
Revaluations - -
Transfers - -
At 31 July 2023 1,390 1,390
Depreciation
At 01 August 2022 662 662
Charge for year 219 219
On disposals ( 356 ) ( 356 )
Other adjustments - -
At 31 July 2023 525 525
Net book value
At 31 July 2023 865 865
At 31 July 2022 1,436 1,436

PRO ASSESSMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

6. Debtors


2023
£

2022
£
Trade debtors 4,672 2,195
Total 4,672 2,195

PRO ASSESSMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

7.Creditors: amounts falling due within one year note


2023
£

2022
£
Other creditors 575 70
Total 575 70

PRO ASSESSMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

8.Creditors: amounts falling due after more than one year


2023
£

2022
£
Other creditors 4,340 430
Total 4,340 430

PRO ASSESSMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

9.1. Loans to Directors

Name of director receiving advance or credit: Sintija Foster-Aileru
Description of the transaction:
Loan repayments made to the Director represent funds owed to the Director by the Company for cash introduced to the Company by the Director for day to day running of the Company and purchase of assets if required.
Balance at 01 August 2022 ( 430 )
Advances or credits made: 575
Advances or credits repaid: 5,986
Balance at 31 July 2023 ( 5,841 )

The minus balance taken forward represents the amount owed to the director by the company for operating costs.

No interest shall be accrued by the Company on any loan owed to the Director. Repayment terms will change in every financial year and will be based on the Company's ability to make repayments to the Director.