Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31true1The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.No description of principal activity2023-01-01false2 09321819 2023-01-01 2023-12-31 09321819 2022-01-01 2022-12-31 09321819 2023-12-31 09321819 2022-12-31 09321819 2022-01-01 09321819 c:Director1 2023-01-01 2023-12-31 09321819 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 09321819 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 09321819 d:ShareCapital 2023-12-31 09321819 d:ShareCapital 2022-12-31 09321819 d:ShareCapital 2022-01-01 09321819 d:RetainedEarningsAccumulatedLosses 2023-01-01 2023-12-31 09321819 d:RetainedEarningsAccumulatedLosses 2023-12-31 09321819 d:RetainedEarningsAccumulatedLosses 2022-01-01 2022-12-31 09321819 d:RetainedEarningsAccumulatedLosses 2022-12-31 09321819 d:RetainedEarningsAccumulatedLosses 2022-01-01 09321819 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 09321819 c:FullAccounts 2023-01-01 2023-12-31 09321819 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 09321819 c:Micro-entities 2023-01-01 2023-12-31 09321819 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure

Registered number: 09321819









PROGRESSION FINANCE LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2023

 
PROGRESSION FINANCE LIMITED
REGISTERED NUMBER: 09321819

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
  
2,364
260

Investments
  
10
10

  
2,374
270

Current assets
  

Debtors
  
207,758
273,724

Cash at bank and in hand
  
37,097
87,547

  
244,855
361,271

Creditors: amounts falling due within one year
  
(195,580)
(232,353)

Net current assets
  
49,275
128,918

Other provisions
  
(3,643)
(3,643)

Net assets
  
48,006
125,545


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
47,906
125,445

  
48,006
125,545


Page 1

 
PROGRESSION FINANCE LIMITED
REGISTERED NUMBER: 09321819
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2023

Notes


General information

Progression Finance Limited is a private limited company limited by share capital, incorporated in England and Wales, registration number 09321819. The address of the registered office is 55 Chislehurst Road, Chislehurst, Kent, United Kingdom, BR7 5NP.


Average number of employees

The average monthly number of employees, including directors, during the year was 2 (2022 - 1).


Directors' benefits: advances, credits and guarantees

At the balance sheet date is an amount owed to the director Daryl Thorpe of £77,537 (2022: £94,250) in the form of a loan. The loan is interest free and repayable on demand.
At the balance sheet date is an amount owed to the director Deborah Thorpe of £79,569 (2022: £75,000) in the form of a loan. The loan is interest free and repayable on demand.


Directors' confirmations

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared in accordance with the provisions applicable to entities subject to the micro-entities' regime.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 24 September 2024.



................................................
Daryl Michael Thorpe
Director

Page 2

 
PROGRESSION FINANCE LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 DECEMBER 2023


Called up share capital
Profit and loss account
Total equity

£
£
£


At 1 January 2022
100
333,590
333,690



Loss for the year
-
(58,145)
(58,145)

Dividends: Equity capital
-
(150,000)
(150,000)



At 1 January 2023
100
125,445
125,545



Profit for the year
-
22,461
22,461


Contributions by and distributions to owners

Dividends: Equity capital
-
(100,000)
(100,000)


At 31 December 2023
100
47,906
48,006


The notes on page 4 form part of these financial statements.

Page 3

 
PROGRESSION FINANCE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.Accounting policies

 
1.1

Going concern

The financial statements have been prepared on a going concern basis as the directors believe adequate resources exist to enable it to meet its working capital requirements for at least the next twelve months.

 
Page 4