PRO-DEC (SOUTH WEST) LTD.

Company Registration Number:
02701508 (England and Wales)

Unaudited abridged accounts for the year ended 31 May 2023

Period of accounts

Start date: 01 June 2022

End date: 31 May 2023

PRO-DEC (SOUTH WEST) LTD.

Contents of the Financial Statements

for the Period Ended 31 May 2023

Balance sheet
Notes

PRO-DEC (SOUTH WEST) LTD.

Balance sheet

As at 31 May 2023


Notes

2023

2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 107,444 105,636
Investments:   0 0
Total fixed assets: 107,444 105,636
Current assets
Stocks: 0 0
Debtors:   1,538,034 1,536,974
Cash at bank and in hand: 0 0
Investments:   0 0
Total current assets: 1,538,034 1,536,974
Creditors: amounts falling due within one year:   (964,376) (804,789)
Net current assets (liabilities): 573,658 732,185
Total assets less current liabilities: 681,102 837,821
Creditors: amounts falling due after more than one year:   (126,878) (292,522)
Provision for liabilities: 0 0
Total net assets (liabilities): 554,224 545,299
Capital and reserves
Called up share capital: 100 100
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: 554,124 545,199
Shareholders funds: 554,224 545,299

The notes form part of these financial statements

PRO-DEC (SOUTH WEST) LTD.

Balance sheet statements

For the year ending 31 May 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 21 February 2024
and signed on behalf of the board by:

Name: Nicholas Mace
Status: Director

The notes form part of these financial statements

PRO-DEC (SOUTH WEST) LTD.

Notes to the Financial Statements

for the Period Ended 31 May 2023

1. Accounting policies

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

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Tangible fixed assets and depreciation policy

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives,

Intangible fixed assets and amortisation policy

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of ten years.

PRO-DEC (SOUTH WEST) LTD.

Notes to the Financial Statements

for the Period Ended 31 May 2023

2. Employees

2023 2022
Average number of employees during the period 11 12

PRO-DEC (SOUTH WEST) LTD.

Notes to the Financial Statements

for the Period Ended 31 May 2023

3. Tangible Assets

Total
Cost £
At 01 June 2022 502,919
Additions 35,340
At 31 May 2023 538,259
Depreciation
At 01 June 2022 397,283
Charge for year 33,532
At 31 May 2023 430,815
Net book value
At 31 May 2023 107,444
At 31 May 2022 105,636