07754249falsethe design and installation of electrical and mechanical systems for the building industry.2023-01-012023-12-31http://www.companieshouse.gov.uk/2022-12-31http://www.companieshouse.gov.uk/cd:CompanySecretary12023-01-012023-12-31http://www.companieshouse.gov.uk/pt:PlantMachinery2022-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2022-12-31http://www.companieshouse.gov.uk/cd:Director12023-01-012023-12-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2022-12-31http://www.companieshouse.gov.uk/pt:PlantMachinery2023-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-12-31http://www.companieshouse.gov.uk/cd:Director22023-01-012023-12-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2023-12-31http://www.companieshouse.gov.uk/pt:CapitalRedemptionReserve2022-12-31http://www.companieshouse.gov.uk/cd:Director32023-01-012023-12-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2022-12-31http://www.companieshouse.gov.uk/pt:CapitalRedemptionReserve2023-12-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12023-01-012023-12-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2023-12-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-01-012023-12-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-01-012023-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2022-12-31http://www.companieshouse.gov.uk/2023-01-012023-12-31http://www.companieshouse.gov.uk/2022-12-31http://www.companieshouse.gov.uk/cd:FRS1022023-01-012023-12-31http://www.companieshouse.gov.uk/2023-12-31http://www.companieshouse.gov.uk/cd:FullAccounts2023-01-012023-12-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-01-012023-12-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 07754249

PROMETHEUS GROUP SERVICES LTD

ACCOUNTS
FOR THE YEAR ENDED 31/12/2023

Prepared By:
Brody Lee Kershaw Ltd
Chartered Accountants
Suite 2 1st Floor Metropolitan House
Station Road
Cheadle Hulme
Cheshire
SK8 7AZ

PROMETHEUS GROUP SERVICES LTD

ACCOUNTS
FOR THE YEAR ENDED 31/12/2023
DIRECTORS
Anthony PICKUP
Catherine PICKUP
Robert SNAPE
SECRETARY
Catherine PICKUP
REGISTERED OFFICE
The Village Hall Brockhall Village
Old Langho
Blackburn
BB6 8HY
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 07754249
ACCOUNTANTS
Brody Lee Kershaw Ltd
Chartered Accountants
Suite 2 1st Floor Metropolitan House
Station Road
Cheadle Hulme
Cheshire
SK8 7AZ

PROMETHEUS GROUP SERVICES LTD

ACCOUNTS
FOR THEYEARENDED31/12/2023
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

PROMETHEUS GROUP SERVICES LTD

BALANCE SHEET AT 31/12/2023
20232022
Notes££
FIXED ASSETS
Tangible assets265,45875,078
CURRENT ASSETS
Stock361,124828,707
Debtors4906,2471,148,086
Cash at bank and in hand739,061594,196
2,006,4322,570,989
CREDITORS: Amounts falling due within one year5460,9131,051,278
NET CURRENT ASSETS1,545,5191,519,711
TOTAL ASSETS LESS CURRENT LIABILITIES1,610,9771,594,789
PROVISIONS FOR LIABILITIES AND CHARGES711,87013,662
NET ASSETS1,599,1071,581,127
CAPITAL AND RESERVES
Called up share capital85050
Capital redemption reserve95050
Profit and loss account1,599,0071,581,027
SHAREHOLDERS' FUNDS1,599,1071,581,127
For the year ending 31/12/2023 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 28/03/2024 and signed on their behalf by
.............................
Anthony PICKUP
Director

PROMETHEUS GROUP SERVICES LTD

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/12/2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machineryreducing balance 25%
Commercial Vehiclesreducing balance 25%
Equipmentreducing balance 25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
1e. Government Grants
Government grants are recognised in profit and loss in the year in which they are received.

PROMETHEUS GROUP SERVICES LTD

2. TANGIBLE FIXED ASSETS
Plant andCommercial
MachineryVehiclesEquipmentTotal
££££
Cost
At 01/01/202315,954162,27044,288222,512
Additions-12,200-12,200
At 31/12/202315,954174,47044,288234,712
Depreciation
At 01/01/20237,364106,12233,948147,434
For the year2,14817,0872,58521,820
At 31/12/20239,512123,20936,533169,254
Net Book Amounts
At 31/12/20236,44251,2617,75565,458
At 31/12/20228,59056,14810,34075,078
3. STOCK 20232022
££
Stock comprises:
Work in progress361,124828,707
361,124828,707
4. DEBTORS 20232022
££
Amounts falling due within one year
Trade debtors828,130827,260
VAT-13,601
Other debtors10,82192,133
Prepayments67,29668,482
Directors current account-146,610
906,2471,148,086

PROMETHEUS GROUP SERVICES LTD

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
UK corporation tax4,56323,970
VAT76,796-
PAYE control67,26793,001
Trade creditors258,422901,959
Accruals53,86532,348
460,9131,051,278
6. EMPLOYEES
20232022
No.No.
Average number of employees3430
7. PROVISIONS FOR LIABILITIES 20232022
££
Deferred taxation11,87013,662
11,87013,662
8. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
5050
9. OTHER RESERVES 20232022
££
Capital redemption reserve5050
5050

PROMETHEUS GROUP SERVICES LTD

10. CONTROLLING PARTY
Mr Anthony Pickup has a 100% interest in the issued share capital of the company,