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REGISTERED NUMBER: 01490795 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

Prolog Management Limited

Prolog Management Limited (Registered number: 01490795)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Prolog Management Limited

COMPANY INFORMATION
for the Year Ended 31 December 2023







DIRECTORS: Mr J R Harris
Mrs M S Harris





SECRETARY: Mr J R Harris





REGISTERED OFFICE: Units SCF 1 & 2, South Core,
Western Intl Market,
Hayes Road
Southall
Middlesex
UB2 5XJ





REGISTERED NUMBER: 01490795 (England and Wales)





ACCOUNTANTS: COOPER DAWN JERROM LIMITED
CHARTERED ACCOUNTANTS
Units SCF 1 & 2
Western International Market
Hayes Road
Southall
Middlesex
UB2 5XJ

Prolog Management Limited (Registered number: 01490795)

BALANCE SHEET
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 176,316 -
Investments 5 693,141 843,613
869,457 843,613

CURRENT ASSETS
Debtors 6 366,329 364,286
Cash at bank 143,067 368,299
509,396 732,585
CREDITORS
Amounts falling due within one year 7 902,922 1,104,241
NET CURRENT LIABILITIES (393,526 ) (371,656 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

475,931

471,957

CAPITAL AND RESERVES
Called up share capital 2,089 2,089
Capital redemption reserve 2,931 2,931
Retained earnings 470,911 466,937
475,931 471,957

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

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

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 12 August 2024 and were signed on its behalf by:





Mr J R Harris - Director


Prolog Management Limited (Registered number: 01490795)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Prolog Management Limited is a private company, limited by shares , registered in England and Wales. 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
Additions 176,316
At 31 December 2023 176,316
NET BOOK VALUE
At 31 December 2023 176,316

5. FIXED ASSET INVESTMENTS

Fixed asset investments are shown at cost. The market value as at 31.12.2023 was £1,282,252.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Amounts owed by group undertakings 365,426 364,286
Other debtors 903 -
366,329 364,286

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Other creditors 902,922 1,104,241

8. RELATED PARTY DISCLOSURES

At the balance sheet date, amount owed by group undertaking Program Products Limited is £365,426 (2022: £364,286).

9. ULTIMATE CONTROLLING PARTY

The controlling party is Mr J R Harris.