false true true false 2009-06-08 2010-07-31 2010-07-31 true SC360810 2009-06-08 2010-07-31 SC360810 2010-07-31 SC360810 2009-06-08 SC360810 uk-bus:Director1 2009-06-08 2010-07-31 SC360810 uk-bus:Director1 2009-06-08 SC360810 uk-bus:Director1 2010-07-31 SC360810 uk-bus:Director2 2009-06-08 2010-07-31 SC360810 uk-bus:Director2 2010-01-21 SC360810 uk-bus:Director2 2010-07-31 SC360810 uk-bus:Director3 2009-06-08 2010-07-31 SC360810 uk-bus:Director3 2009-06-08 SC360810 uk-bus:Director3 2010-01-21 SC360810 uk-bus:CompanySecretary 2009-06-08 2010-07-31 SC360810 uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2009-06-08 2010-07-31 SC360810 uk-gaap:LeasedTangibleFixedAssets 2009-06-08 2010-07-31 SC360810 uk-gaap:NetGoodwill 2009-06-08 2010-07-31 SC360810 uk-gaap:IntangibleAssetsOtherThanGoodwill 2009-06-08 2010-07-31 SC360810 uk-bus:AllEntityOfficers 2009-06-08 2010-07-31 SC360810 uk-bus:AllOrdinaryShares 2009-06-08 2010-07-31 SC360810 uk-bus:AllOrdinaryShares 2010-07-31 SC360810 uk-bus:AllOrdinaryShares 2009-06-08 SC360810 uk-bus:AllPreferenceShares 2009-06-08 2010-07-31 SC360810 uk-bus:AllPreferenceShares 2010-07-31 SC360810 uk-bus:AllPreferenceShares 2009-06-08 SC360810 uk-gaap:NetGoodwill 2010-07-31 SC360810 uk-gaap:NetGoodwill 2009-06-08 SC360810 uk-gaap:IntangibleAssetsOtherThanGoodwill 2010-07-31 SC360810 uk-gaap:IntangibleAssetsOtherThanGoodwill 2009-06-08 SC360810 uk-gaap:LandBuildings 2010-07-31 SC360810 uk-gaap:LandBuildings 2009-06-08 2010-07-31 SC360810 uk-gaap:LandBuildings 2009-06-08 SC360810 uk-gaap:PlantMachinery 2010-07-31 SC360810 uk-gaap:PlantMachinery 2009-06-08 2010-07-31 SC360810 uk-gaap:PlantMachinery 2009-06-08 SC360810 uk-gaap:FixturesFittings 2010-07-31 SC360810 uk-gaap:FixturesFittings 2009-06-08 2010-07-31 SC360810 uk-gaap:FixturesFittings 2009-06-08 SC360810 uk-gaap:MotorVehicles 2010-07-31 SC360810 uk-gaap:MotorVehicles 2009-06-08 2010-07-31 SC360810 uk-gaap:MotorVehicles 2009-06-08 SC360810 uk-gaap:OfficeEquipment 2010-07-31 SC360810 uk-gaap:OfficeEquipment 2009-06-08 2010-07-31 SC360810 uk-gaap:OfficeEquipment 2009-06-08 SC360810 uk-bus:RegisteredOffice 2009-06-08 2010-07-31 SC360810 uk-gaap:WithinOneYear 2010-07-31 SC360810 uk-gaap:WithinOneYear 2009-06-08 SC360810 uk-gaap:AfterOneYear 2010-07-31 SC360810 uk-gaap:AfterOneYear 2009-06-08 SC360810 uk-gaap:BetweenOneFiveYears 2010-07-31 SC360810 uk-gaap:BetweenOneFiveYears 2009-06-08 SC360810 uk-gaap:MoreThanFiveYears 2010-07-31 SC360810 uk-gaap:MoreThanFiveYears 2009-06-08 iso4217:GBP xbrli:pure xbrli:shares

PROCUS LTD




Company Registration Number:
SC360810 (Scotland)



Report of the Directors and Unaudited Financial Statements



Period of accounts


Start date: 08th June 2009

End date: 31st July 2010

SUBMITTED

PROCUS LTD

Contents of the Financial Statements
for the Period Ended
31st July 2010

Company Information
Report of the Directors
Profit and Loss Account
Balance sheet
Notes to the Financial Statements

PROCUS LTD

Company Information
for the Period Ended
31st July 2010




Director: James Donlan
Amy Donlan
Gordon Milne
Company secretary: James Donlan
Registered office: 1 Moss Side Road
Cowdenbeath
Fife
KY4 9JN
Company Registration Number: SC360810 (Scotland)

PROCUS LTD

Directors’ Report Period Ended 31st July 2010

The directors present their report with the financial statements of the company for the period ended 31st July 2010

Principal activities
The principal activity of the company in the period under review was:
Design, Procurement, Sales

Directors
The directors shown below have held office during the whole of the period from
08th June 2009 to 31st July 2010
James Donlan

The director(s) shown below were appointed to the company during the period
Amy Donlan on 21 January 2010

The director(s) shown below resigned during the period
Gordon Milne on 21 January 2010

Political and charitable donations
There were no donations made to political or charitable organizations

Company policy on the employment of disabled persons
It is the companies policy to give employment to disabled persons wherever practicable. There were no registered disabled people employed with the company in the period under review.

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on 01 October 2010
And Signed On Behalf Of The Board By:

Name: Amy Donlan
Status: Director

PROCUS LTD

Profit and Loss Account

for the Period Ended 31st July 2010

Notes 2010
£

£
Turnover: 2 4,851 -
Cost of sales: 3,835 -
Gross profit or (loss): 1,016 -
Distribution costs: 400 -
Administrative expenses: , 2,748 -
Operating profit or (loss): 3 ( 2,132 ) -
Profit or (loss) on ordinary activities before taxation: ( 2,132 ) -
Tax on profit or loss on ordinary activities: ( 447 ) -
Profit or (loss) for the financial year: ( 1,685 ) -

The notes form part of these financial statements

PROCUS LTD

Statement of total recognised gains and losses
31st July 2010

Statement of total recognised gains and losses

The company does not have any gains and losses other than Profit and Loss for the period to report.

PROCUS LTD

Balance sheet
As at 31st July 2010

Notes 2010
£

£
Fixed assets
Intangible assets: 0 -
Tangible assets: 0 -
Total fixed assets: 0 -
Current assets
Stocks: 4 2,840 -
Debtors: 5 159 -
Cash at bank and in hand: 213 -
Total current assets: 3,212 -
Creditors
Creditors: amounts falling due within one year 6 2,046 -
Net current assets (liabilities): 1,166 -
Total assets less current liabilities: 1,166 -
Creditors: amounts falling due after more than one year: 7 1,851 -
Provision for liabilities: 0
Total net assets (liabilities): ( 685 ) -

The notes form part of these financial statements

PROCUS LTD

Balance sheet
As at 31st July 2010
continued

Notes 2010
£

£
Capital and reserves
Called up share capital: 8 1,000 -
Profit and Loss account: 9 ( 1,685 ) -
Total shareholders funds: ( 685 ) -

For the year ending 31 July 2010 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors on 01 October 2010

SIGNED ON BEHALF OF THE BOARD BY:

Name: Amy Donlan
Status: Director

The notes form part of these financial statements

PROCUS LTD

Notes to the Financial Statements
for the Period Ended
31st July 2010

  • 1. Accounting policies

    Basis of measurement and preparation of accounts

    The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008)

    Turnover policy

    The turnover shown in the profit and loss account represents revenue earned during the period.

    Intangible fixed assets amortisation 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, Fixtures and fittings - 10% on cost, Motor vehicles - 25% on cost.

    Valuation information and policy

    Stocks and work -in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

    Other accounting policies

    Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter. The interest element of these obligations is charged to the profit and loss account over the relevant period. The capital element of the future payments is treated as a liability. Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease. Research and Development Expenditure on research and development is written off in the year in which it is incurred.

  • 2 . Turnover

    All turnover took place in the UK

  • 3 . Operating profit or (loss)

    Profit before tax as stated after charging the following.

    2010
    £ £
    Depreciation - owned assets: 0 -
    Depreciation - assets on hire purchase contract: 0 -
    Amortisation of goodwill: 0 -
    Amortisation of other intangible assets: 0 -
    Profit or (loss) on disposal of fixed assets: 0 -
    Operating lease rentals: 0 -
    Bad debts written off: 0 -
  • 4. Stocks

    2010
    £ £
    Stocks of raw materials and consumables: 2,840 -
    Total: 2,840 -

    The stocks comprise of £2840 in finished goods

  • 5. Debtors

    2010
    £ £
    Trade debtors: 159 -
    Total: 159 -

  • 6. Creditors: amounts falling due within one year

    2010
    £ £
    Trade creditors: 2,046 -
    Total: 2,046 -

  • 7. Creditors: amounts falling due after more than one year

    2010
    £ £
    Bank loans: 0 -
    Other creditors: 1,851 -
    Total: 1,851 -

  • 8. Called up share capital

    Allotted, called up and paid

    Current period 2010
    Class Number of shares Nominal value per share Total
    Ordinary shares: 1,000 1 1,000
    Total share capital: 1,000
  • 9. Profit and loss account

    2010
    £ £
    At : - -
    Profit or (loss) for the period: ( 1,685 ) -
    Equity dividends paid: 0 -
    Retained profit at 31st July 2010: ( 1,685 ) -