Company Registration No. 10540334 (England and Wales)
PRODRONEWORX LIMITED
Unaudited accounts
for the year ended 31 December 2023
PRODRONEWORX LIMITED
Unaudited accounts
Contents
PRODRONEWORX LIMITED
Company Information
for the year ended 31 December 2023
Company Number
10540334 (England and Wales)
Registered Office
22 Burkes Road
Beaconsfield
HP9 1PF
England
Accountants
Aidhan and Partners
Simply Accountants Ltd
8 Devonshire Square
London
EC2M 4PL
PRODRONEWORX LIMITED
Statement of financial position
as at 31 December 2023
Tangible assets
85,093
75,104
Cash at bank and in hand
713,918
596,759
Creditors: amounts falling due within one year
(143,934)
(152,912)
Net current assets
723,842
509,867
Net assets
808,935
584,971
Called up share capital
1
1
Profit and loss account
808,934
584,970
Shareholders' funds
808,935
584,971
For the year ending 31 December 2023 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 21 August 2024 and were signed on its behalf by
Ian Tansey
Director
Company Registration No. 10540334
PRODRONEWORX LIMITED
Notes to the Accounts
for the year ended 31 December 2023
PRODRONEWORX LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10540334. The registered office is 22 Burkes Road, Beaconsfield, HP9 1PF , England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
The turnover shown in the profit and loss account represents revenue recognised by the company in respect of goods and services supplied during the period, exclusive of Value Added Tax.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33.33% on straight line basis
Motor vehicles
10.00% on straight line basis
Fixtures & fittings
33.33% on straight line basis
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2023
25,645
62,028
14,529
102,202
Additions
22,760
-
7,662
30,422
At 31 December 2023
48,405
62,028
22,191
132,624
At 1 January 2023
19,080
1,551
6,467
27,098
Charge for the year
9,512
6,202
4,719
20,433
At 31 December 2023
28,592
7,753
11,186
47,531
At 31 December 2023
19,813
54,275
11,005
85,093
At 31 December 2022
6,565
60,477
8,062
75,104
PRODRONEWORX LIMITED
Notes to the Accounts
for the year ended 31 December 2023
Amounts falling due within one year
Trade debtors
137,479
45,654
Other debtors
16,379
20,366
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
24,199
26,139
Taxes and social security
76,418
84,047
Loans from directors
43,317
42,726
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
Mr Ian Tansey is the sole director and shareholder of the company.
9
Average number of employees
During the year the average number of employees was 1 (2022: 1).