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REGISTERED NUMBER: 11456615 (England and Wales)



















Unaudited Financial Statements

for the Year Ended 31 March 2023

for

PROTON MIDLANDS LTD

PROTON MIDLANDS LTD (REGISTERED NUMBER: 11456615)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Balance Sheet 1


PROTON MIDLANDS LTD (REGISTERED NUMBER: 11456615)

Balance Sheet
31 March 2023

2023 2022
£    £    £    £   
FIXED ASSETS 856,588 601,204

CURRENT ASSETS 8,800 2,509

CREDITORS
Amounts falling due within one year (33,793 ) (23,425 )
NET CURRENT LIABILITIES (24,993 ) (20,916 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

831,595

580,288

CREDITORS
Amounts falling due after more than one
year

884,240

625,051
NET LIABILITIES (52,645 ) (44,763 )

CAPITAL AND RESERVES (52,645 ) (44,763 )

NOTES TO THE FINANCIAL STATEMENTS

1. STATUTORY INFORMATION

Proton Midlands Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 11456615

Registered office: 2 Wheeleys Road
Edgbaston
Birmingham
West Midlands
B15 2LD

2. AVERAGE NUMBER OF EMPLOYEES

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

PROTON MIDLANDS LTD (REGISTERED NUMBER: 11456615)

Balance Sheet - continued
31 March 2023

NOTES TO THE FINANCIAL STATEMENTS

3. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2023 and 31 March 2022:

2023 2022
£    £   
Amrik Singh Gill
Balance outstanding at start of year (82,382 ) (68,478 )
Amounts advanced 4,268 14,557
Amounts repaid (1,754 ) (28,461 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (79,868 ) (82,382 )

4. OTHER FINANCIAL COMMITMENTS

Current Liabilities of £195,456 (£169,656 in 2021) is due to Quark Midlands Ltd which is a related party



The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

The financial statements have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 12 December 2023 and were signed on its behalf by:





Amrik Singh Gill - Director