PRO ASSESSMENTS LIMITED

Company Registration Number:
05960894 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2024

Period of accounts

Start date: 01 August 2023

End date: 31 July 2024

PRO ASSESSMENTS LIMITED

Contents of the Financial Statements

for the Period Ended 31 July 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 12

PRO ASSESSMENTS LIMITED

Company Information

for the Period Ended 31 July 2024




Director: Sintija Foster-Aileru
Registered office: 177
Marlborough Road
Becontree
Dagenham
Essex
England
RM8 2EX
Company Registration Number: 05960894 (England and Wales)

PRO ASSESSMENTS LIMITED

Directors' Report Period Ended 31 July 2024

The directors present their report with the financial statements of the company for the period ended 31 July 2024

Principal Activities

The company’s principal activities continued to be providing Human Resources based Management Consultancy Services.

Political and charitable donations

During the year, the company made political contribution of £0 to the 0 parties and various charitable contributions totalling £0.

Additional information

The report of the Director has been prepared with the special provisions of part XV of the Companies Act 2006 relating to small companies.

Directors

The directors shown below have held office during the whole of the period from 01 August 2023 to 31 July 2024
Sintija Foster-Aileru

This report was approved by the board of directors on 12 August 2024
And Signed On Behalf Of The Board By:

Name: Sintija Foster-Aileru
Status: Director

PRO ASSESSMENTS LIMITED

Profit and Loss Account

for the Period Ended 31 July 2024


Notes

2024
£

2023
£
Turnover 124,141 87,206
Gross Profit or (Loss) 124,141 87,206
Administrative Expenses ( 111,227 ) ( 85,897 )
Operating Profit or (Loss) 12,914 1,309
Interest Payable and Similar Charges ( 818 ) ( 153 )
Profit or (Loss) Before Tax 12,096 1,156
Profit or (Loss) for Period 12,096 1,156

The notes form part of these financial statements

PRO ASSESSMENTS LIMITED

Balance sheet

As at 31 July 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 865
Total fixed assets: 865
Current assets
Debtors: 5 2,175 4,672
Cash at bank and in hand: 10,142 1,048
Total current assets: 12,317 5,720
Creditors: amounts falling due within one year: 6 ( 575 )
Net current assets (liabilities): 12,317 5,145
Total assets less current liabilities: 12,317 6,010
Creditors: amounts falling due after more than one year: 7 ( 4,340 )
Provision for liabilities: ( 220 ) ( 513 )
Total net assets (liabilities): 12,097 1,157

The notes form part of these financial statements

PRO ASSESSMENTS LIMITED

Balance sheet continued

As at 31 July 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 12,096 1,156
Shareholders funds: 12,097 1,157

For the year ending 31 July 2024 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.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 12 August 2024
And Signed On Behalf Of The Board By:

Name: Sintija Foster-Aileru
Status: Director

The notes form part of these financial statements

PRO ASSESSMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 1. Accounting policies

    Basis of measurement and preparation

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

    Turnover policy

    Turnover represents net invoiced sales of goods, excluding value added tax.

    Tangible fixed assets depreciation policy

    Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life. Freehold buildings - 2% on cost or revalued amounts, Plant and Machinery - 15% on cost, Office Equipment -20%, Fixtures and fittings - 20% on cost, Motor vehicles - 25% on cost

    Other accounting policies

    Deferred Taxation Provision is made at the current rates for taxation deferred in respect of all material timing differences except to the extent that, in opinion of the directors, there is reasonable profitability that the liability will not rise in the foreseeable future.

PRO ASSESSMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 1 1

PRO ASSESSMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 3. Off balance sheet disclosure

    No

PRO ASSESSMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

4. Dividends


2024
£

2023
£
Dividends paid 60,911 23,905

PRO ASSESSMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

5. Debtors


2024
£

2023
£
Trade debtors 2,175 4,672
Total 2,175 4,672
Debtors due after more than one year: 2,175 4,672

PRO ASSESSMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

6.Creditors: amounts falling due within one year note


2024
£

2023
£
Other creditors 575
Total 575

PRO ASSESSMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

7.Creditors: amounts falling due after more than one year


2024
£

2023
£
Other creditors 4,340
Total 4,340

PRO ASSESSMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

8.1. Loans to Directors

Name of director receiving advance or credit: Sintija Foster-Aileru
Description of the transaction:
Loan repayments made to the Director represent funds owed to the Director by the Company for cash introduced to the Company by the Director for day to day running of the Company and purchase of assets if required.
Balance at 01 August 2023 ( 5,841 )
Advances or credits made: 25,301
Advances or credits repaid: 19,460
Balance at 31 July 2024 0

Minus balances taken forward represents the amount owed to the director by the company for operating costs.

No interest shall be accrued by the Company on any loan owed to the Director. Repayment terms will change in every financial year and will be based on the Company's ability to make repayments to the Director.