1 August 2023 false No description of principal activity Taxfiler 2024.5 14237632business:PrivateLimitedCompanyLtd2023-08-012024-07-31 142376322023-07-31 142376322023-08-012024-07-31 14237632business:AuditExempt-NoAccountantsReport2023-08-012024-07-31 14237632business:FilletedAccounts2023-08-012024-07-31 142376322024-07-31 14237632business:Director12023-08-012024-07-31 14237632business:Director22023-08-012024-07-31 14237632business:RegisteredOffice2023-08-012024-07-31 142376322023-07-31 14237632core:WithinOneYear2024-07-31 14237632core:WithinOneYear2023-07-31 14237632core:AfterOneYear2024-07-31 14237632core:AfterOneYear2023-07-31 14237632core:ShareCapitalcore:PreviouslyStatedAmount2024-07-31 14237632core:ShareCapitalcore:PreviouslyStatedAmount2023-07-31 14237632core:SharePremiumcore:PreviouslyStatedAmount2024-07-31 14237632core:SharePremiumcore:PreviouslyStatedAmount2023-07-31 14237632core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-07-31 14237632core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-07-31 14237632core:PreviouslyStatedAmount2024-07-31 14237632core:PreviouslyStatedAmount2023-07-31 14237632business:SmallEntities2023-08-012024-07-31 14237632countries:EnglandWales2023-08-012024-07-31 14237632core:ComputerEquipment2023-08-012024-07-31 14237632core:ComputerEquipment2023-07-31 14237632core:ComputerEquipment2024-07-31 142376322022-08-012023-07-31 iso4217:GBP xbrli:pure
Company Registration No. 14237632 (England and Wales)
PROTEAMS EUROPE LTD Unaudited accounts for the year ended 31 July 2024
PROTEAMS EUROPE LTD Unaudited accounts Contents
Page
- 2 -
PROTEAMS EUROPE LTD Company Information for the year ended 31 July 2024
Directors
GAL, Danny CIFTGUL, Cem
Company Number
14237632 (England and Wales)
Registered Office
20-22 WENLOCK ROAD LONDON N1 7GU ENGLAND
Accountants
Lateral Accounting Ltd 2 Chestnut Road Kingston Upon Thames KT2 5AP
- 3 -
PROTEAMS EUROPE LTD Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,216 
- 
Current assets
Debtors
165,223 
9,733 
Cash at bank and in hand
189,416 
174,517 
354,639 
184,250 
Creditors: amounts falling due within one year
(302,977)
(120,810)
Net current assets
51,662 
63,440 
Total assets less current liabilities
53,878 
63,440 
Creditors: amounts falling due after more than one year
- 
(25,000)
Net assets
53,878 
38,440 
Capital and reserves
Called up share capital
100 
100 
Share premium
29,950 
29,950 
Profit and loss account
23,828 
8,390 
Shareholders' funds
53,878 
38,440 
For the year ending 31 July 2024 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 31 August 2024 and were signed on its behalf by
GAL, Danny Director Company Registration No. 14237632
- 4 -
PROTEAMS EUROPE LTD Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
PROTEAMS EUROPE LTD is a private company, limited by shares, registered in England and Wales, registration number 14237632. The registered office is 20-22 WENLOCK ROAD, LONDON, N1 7GU, 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.
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.
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:
Computer equipment
33% Straight line method
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 August 2023
- 
Additions
2,562 
At 31 July 2024
2,562 
Depreciation
Charge for the year
346 
At 31 July 2024
346 
Net book value
At 31 July 2024
2,216 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
162,704 
5,148 
Other debtors
2,519 
4,585 
165,223 
9,733 
- 5 -
PROTEAMS EUROPE LTD Notes to the Accounts for the year ended 31 July 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
11,509 
38,560 
Trade creditors
91,952 
73,079 
Taxes and social security
4,320 
2,031 
Other creditors
187 
- 
Loans from directors
15,154 
- 
Accruals
22,202 
7,140 
Deferred income
157,653 
- 
302,977 
120,810 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Loans from directors
- 
25,000 
8
Average number of employees
During the year the average number of employees was 4 (2023: 1).
- 6 -