Registered number: 10248406 | ||||||||
FOR THE YEAR ENDED 30/06/2024 | ||||||||
Provent Consortium Limited | ||||||||
COMPANY ACCOUNTS | ||||||||
FOR THE YEAR ENDED 30/06/2024 | ||||||||
DIRECTORS | ||||||||
REGISTERED OFFICE | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 10248406 | ||||||||
Provent Consortium Limited | ||||||||
COMPANY ACCOUNTS | ||||||||
FOR THEYEARENDED30/06/2024 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Strategic Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
Provent Consortium Limited | ||||||||
BALANCE SHEET AT | ||||||||||
2024 | 2023 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 3 | |||||||||
CURRENT ASSETS | ||||||||||
Debtors | 4 | |||||||||
Cash at bank and in hand | ||||||||||
292,519 | 318,275 | |||||||||
CREDITORS: Amounts falling due within one year | 5 | |||||||||
NET CURRENT ASSETS | 279,177 | |||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
CREDITORS: Amounts falling due after more than one year | 6 | 315,354 | 355,021 | |||||||
PROVISIONS FOR LIABILITIES AND CHARGES | 7 | |||||||||
NET ASSETS | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 8 | |||||||||
Revaluation reserve | 1c,9 | 34,770 | 34,770 | |||||||
Profit and loss account | 176,444 | 161,929 | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
Provent Consortium Limited | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 30/06/2024 | ||||||||||
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 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
Fixtures And Fittings | straight line25% |
1c. Revaluation Reserve | ||||||||
Surpluses or deficits arising on the revaluation of individual fixed assets other than investment properties are credited or debited to a non-distributible reserve known as the revaluation reserve (see also note 9). | ||||||||
Revaluation deficits in excess of the amount of prior revaluation surpluses on the same asset are charged to the profit and loss account. |
2. EMPLOYEES | ||||||
2024 | 2023 | |||||
No. | No. | |||||
Average number of employees | - | |||||
Provent Consortium Limited | ||||||||
3. TANGIBLE FIXED ASSETS | ||||||
Land And | Fixtures | |||||
Buildings | and Fittings | Total | ||||
£ | £ | £ | ||||
Cost | ||||||
At 01/07/2023 | 300,000 | 24,441 | 324,441 | |||
At 30/06/2024 | 300,000 | 24,441 | 324,441 | |||
Depreciation | ||||||
At 01/07/2023 | - | 24,441 | 24,441 | |||
At 30/06/2024 | - | 24,441 | 24,441 | |||
Net Book Amounts | ||||||
At 30/06/2024 | 300,000 | |||||
At 30/06/2023 | 300,000 | |||||
4. DEBTORS | 2024 | 2023 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
VAT | 16 | 39 | ||||||
16 | 39 | |||||||
Amounts falling due over more than one year | ||||||||
Long term debtor- associated company | 287,500 | 313,500 | ||||||
287,500 | 313,500 | |||||||
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
UK corporation tax | 2,836 | 494 | ||||||
Directors current account | 33,000 | 37,000 | ||||||
Trade creditors | 2,272 | 388 | ||||||
Accruals | 386 | 1,216 | ||||||
38,494 | 39,098 | |||||||
Provent Consortium Limited | ||||||||
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
Bank loans (unsecured) >1yr Bounce Back Loan | - | 4,667 | ||||||
Bank loans (secured) >1yr Shawbrook Bank | 182,354 | 202,354 | ||||||
Loans >1yr Participators Loans | 133,000 | 148,000 | ||||||
315,354 | 355,021 | |||||||
7. PROVISIONS FOR LIABILITIES | 2024 | 2023 | ||||||
£ | £ | |||||||
Deferred taxation | 7,457 | 7,457 | ||||||
7,457 | 7,457 | |||||||
8. SHARE CAPITAL | 2024 | 2023 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
20000 | 20000 | |||||||
20,000 | 20,000 | |||||||
9. REVALUATION RESERVE | 2024 | 2023 | ||||||
£ | £ | |||||||
Revaluation reserve | 34,770 | 34,770 | ||||||
34,770 | 34,770 | |||||||