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Company Registration No. 07734871 (England and Wales)
Pro-Assist Northampton Ltd Filleted accounts for the year ended 31 August 2023
Pro-Assist Northampton Ltd Filleted accounts Contents
Page
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Pro-Assist Northampton Ltd Company Information for the year ended 31 August 2023
Directors
Gurjit Kaur Cory James Aaron Cory
Secretary
Gurjit Cory
Company Number
07734871 (England and Wales)
Registered Office
28b Camp Hill Bugbrooke Northampton NN7 3PH
Accountants
YP Finance Hawthorne House 17A Hawthorne Drive Leicester Leicestershire LE5 6DL
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Pro-Assist Northampton Ltd Statement of financial position as at 31 August 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
111,381 
70,587 
Current assets
Debtors
100,107 
72,262 
Cash at bank and in hand
69,162 
129,134 
169,269 
201,396 
Creditors: amounts falling due within one year
(165,708)
(149,121)
Net current assets
3,561 
52,275 
Total assets less current liabilities
114,942 
122,862 
Creditors: amounts falling due after more than one year
- 
(22,713)
Net assets
114,942 
100,149 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
114,842 
100,049 
Shareholders' funds
114,942 
100,149 
For the year ending 31 August 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 directors acknowledge their 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 of Directors and authorised for issue on 30 May 2024 and were signed on its behalf by
James Aaron Cory Director Company Registration No. 07734871
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Pro-Assist Northampton Ltd Notes to the Accounts for the year ended 31 August 2023
1
Statutory information
Pro-Assist Northampton Ltd is a private company, limited by shares, registered in England and Wales, registration number 07734871. The registered office is 28b Camp Hill, Bugbrooke, Northampton, NN7 3PH.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
25% reducing balance
Motor vehicles
25% reducing balance
Computer equipment
33% reducing balance
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Pro-Assist Northampton Ltd Notes to the Accounts for the year ended 31 August 2023
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 September 2022
4,463 
136,054 
6,820 
147,337 
Additions
- 
75,359 
- 
75,359 
At 31 August 2023
4,463 
211,413 
6,820 
222,696 
Depreciation
At 1 September 2022
3,078 
67,836 
5,836 
76,750 
Charge for the year
346 
33,894 
325 
34,565 
At 31 August 2023
3,424 
101,730 
6,161 
111,315 
Net book value
At 31 August 2023
1,039 
109,683 
659 
111,381 
At 31 August 2022
1,385 
68,218 
984 
70,587 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
3,511 
14,674 
Trade debtors
95,726 
56,718 
Accrued income and prepayments
370 
370 
Other debtors
500 
500 
100,107 
72,262 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
16,133 
- 
Trade creditors
87,606 
84,295 
Taxes and social security
27,785 
6,644 
Other creditors
33,084 
57,082 
Accruals
1,100 
1,100 
165,708 
149,121 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
- 
22,713 
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
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Pro-Assist Northampton Ltd Notes to the Accounts for the year ended 31 August 2023
9
Average number of employees
During the year the average number of employees was 11 (2022: 11).
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