IRIS Accounts Production v24.1.0.578 12241033 Board of Directors 1.11.22 31.10.23 31.10.23 false true false false true false A Ordinary 1.00000 B Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh122410332022-10-31122410332023-10-31122410332022-11-012023-10-31122410332021-10-31122410332021-11-012022-10-31122410332022-10-3112241033ns14:PoundSterling2022-11-012023-10-3112241033ns10:Director12022-11-012023-10-3112241033ns10:PrivateLimitedCompanyLtd2022-11-012023-10-3112241033ns10:SmallEntities2022-11-012023-10-3112241033ns10:AuditExempt-NoAccountantsReport2022-11-012023-10-3112241033ns10:SmallCompaniesRegimeForDirectorsReport2022-11-012023-10-3112241033ns10:SmallCompaniesRegimeForAccounts2022-11-012023-10-3112241033ns10:FullAccounts2022-11-012023-10-3112241033ns10:OrdinaryShareClass12022-11-012023-10-3112241033ns10:OrdinaryShareClass22022-11-012023-10-3112241033ns10:Director22022-11-012023-10-3112241033ns10:Director32022-11-012023-10-3112241033ns10:RegisteredOffice2022-11-012023-10-3112241033ns5:CurrentFinancialInstruments2023-10-3112241033ns5:CurrentFinancialInstruments2022-10-3112241033ns5:ShareCapital2023-10-3112241033ns5:ShareCapital2022-10-3112241033ns5:RetainedEarningsAccumulatedLosses2023-10-3112241033ns5:RetainedEarningsAccumulatedLosses2022-10-3112241033ns5:MotorVehicles2022-11-012023-10-3112241033ns5:ComputerEquipment2022-11-012023-10-3112241033ns5:MotorVehicles2022-10-3112241033ns5:ComputerEquipment2022-10-3112241033ns5:MotorVehicles2023-10-3112241033ns5:ComputerEquipment2023-10-3112241033ns5:MotorVehicles2022-10-3112241033ns5:ComputerEquipment2022-10-3112241033ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-10-3112241033ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-10-3112241033ns5:DeferredTaxation2022-10-3112241033ns5:DeferredTaxation2022-11-012023-10-3112241033ns5:DeferredTaxation2023-10-3112241033ns10:OrdinaryShareClass12023-10-3112241033ns10:OrdinaryShareClass22023-10-31
REGISTERED NUMBER: 12241033



UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

PROTEUS LEADERSHIP LIMITED

PROTEUS LEADERSHIP LIMITED (REGISTERED NUMBER: 12241033)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PROTEUS LEADERSHIP LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2023







DIRECTORS: K B Downey
Mrs P D Downey
Mrs A L Hanekom





REGISTERED OFFICE: Beckwith Barn
Warren Estate
Lordship Road
Chelmsford
Essex
CM1 3WT





REGISTERED NUMBER: 12241033






PROTEUS LEADERSHIP LIMITED (REGISTERED NUMBER: 12241033)

BALANCE SHEET
31 OCTOBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 24,402 40,266

CURRENT ASSETS
Debtors 5 64,013 63,637
Cash at bank 239,254 170,653
303,267 234,290
CREDITORS
Amounts falling due within one year 6 44,694 43,955
NET CURRENT ASSETS 258,573 190,335
TOTAL ASSETS LESS CURRENT LIABILITIES 282,975 230,601

PROVISIONS FOR LIABILITIES 7 4,701 6,353
NET ASSETS 278,274 224,248

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 278,174 224,148
SHAREHOLDERS' FUNDS 278,274 224,248

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

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

PROTEUS LEADERSHIP LIMITED (REGISTERED NUMBER: 12241033)

BALANCE SHEET - continued
31 OCTOBER 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 April 2024 and were signed on its behalf by:





Mrs P D Downey - Director


PROTEUS LEADERSHIP LIMITED (REGISTERED NUMBER: 12241033)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

1. STATUTORY INFORMATION

Proteus Leadership Limited is a private company, limited by shares , registered in Not specified/Other. 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.
Motor vehicles - 25% on cost
Computer equipment - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

PROTEUS LEADERSHIP LIMITED (REGISTERED NUMBER: 12241033)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 November 2022 57,335 7,222 64,557
Additions - 320 320
At 31 October 2023 57,335 7,542 64,877
DEPRECIATION
At 1 November 2022 20,260 4,031 24,291
Charge for year 14,332 1,852 16,184
At 31 October 2023 34,592 5,883 40,475
NET BOOK VALUE
At 31 October 2023 22,743 1,659 24,402
At 31 October 2022 37,075 3,191 40,266

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 10,027 63,637
Other debtors 53,986 -
64,013 63,637

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors - 697
Taxation and social security 41,356 34,680
Other creditors 3,338 8,578
44,694 43,955

7. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax
Accelerated capital allowances 4,701 6,353

PROTEUS LEADERSHIP LIMITED (REGISTERED NUMBER: 12241033)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023

7. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 November 2022 6,353
Credit to Income Statement during year (1,652 )
Balance at 31 October 2023 4,701

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
50 A Ordinary 1 50 50
50 B Ordinary £1 50 50
100 100

9. RELATED PARTY DISCLOSURES

During the year a loan account subsisted between the company and it's director Mr K B Downey. At the balance sheet date an amount of £21,575 was due to the company from Mr K B Downey which is included within other debtors. Interest of £75 was charged on the loan account.