PROVECTOR LIMITED

Company Registration Number:
03697921 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

PROVECTOR LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

PROVECTOR LIMITED

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 0 108
Total fixed assets: 0 108
Current assets
Debtors:   419 10,634
Cash at bank and in hand: 452 934
Total current assets: 871 11,568
Creditors: amounts falling due within one year:   (1,332) (2,683)
Net current assets (liabilities): (461) 8,885
Total assets less current liabilities: (461) 8,993
Provision for liabilities: 0 (20)
Total net assets (liabilities): (461) 8,973
Capital and reserves
Called up share capital: 200 200
Profit and loss account: (661) 8,773
Shareholders funds: (461) 8,973

The notes form part of these financial statements

PROVECTOR LIMITED

Balance sheet statements

For the year ending 31 December 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 09 August 2024
and signed on behalf of the board by:

Name: M J Kellaway
Status: Director

The notes form part of these financial statements

PROVECTOR LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

1. Accounting policies

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

Turnover policy

Turnover is derived from the company's principal activity of electronics and software research and development. Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.In line with Financial Reporting Standard 102, Revenue Recognition income has been recognised when the company obtains the right to consideration in exchange for it's performance.

Tangible fixed assets and depreciation policy

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.Plant and machinery etc - 33% on cost

Other accounting policies

Research and developmentExpenditure on research and development is written off in the year in which it is incurred. Going concernThe director has considered the financial position of the company and believes it is well placed to manage its business risks successfully. The director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future, thus continues to adopt the going concern basis in preparing the financial statements.

PROVECTOR LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 3 4

PROVECTOR LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible Assets

Total
Cost £
At 01 January 2023 34,065
At 31 December 2023 34,065
Depreciation
At 01 January 2023 33,957
Charge for year 108
At 31 December 2023 34,065
Net book value
At 31 December 2023 0
At 31 December 2022 108

PROVECTOR LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Related party transactions

The controlling party is M J Kellaway.