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Registered number: 10248406

Provent Consortium Limited

ACCOUNTS
FOR THE YEAR ENDED 30/06/2024


Provent Consortium Limited

COMPANY ACCOUNTS
FOR THE YEAR ENDED 30/06/2024
DIRECTORS
John Austen
Jean C Gouy De Muyncke
REGISTERED OFFICE
91 Paul Street
London
EC2A 4NY
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 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-

Provent Consortium Limited

BALANCE SHEET AT 30/06/2024
20242023
Notes££
FIXED ASSETS
Tangible assets3300,000300,000
CURRENT ASSETS
Debtors4287,516313,539
Cash at bank and in hand5,0034,736
292,519318,275
CREDITORS: Amounts falling due within one year538,49439,098
NET CURRENT ASSETS254,025279,177
TOTAL ASSETS LESS CURRENT LIABILITIES554,025579,177
CREDITORS: Amounts falling due after more than one year6315,354355,021
PROVISIONS FOR LIABILITIES AND CHARGES77,4577,457
NET ASSETS231,214216,699
CAPITAL AND RESERVES
Called up share capital820,00020,000
Revaluation reserve1c,934,77034,770
Profit and loss account176,444161,929
SHAREHOLDERS' FUNDS231,214216,699
For the year ending 30/06/2024 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.
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 03/10/2024 and signed on their behalf by
.............................
Jean C Gouy De Muyncke
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
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Fixtures And Fittingsstraight 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
20242023
No.No.
Average number of employees--

Provent Consortium Limited

3. TANGIBLE FIXED ASSETS
Land AndFixtures
Buildingsand FittingsTotal
£££
Cost
At 01/07/2023300,00024,441324,441
At 30/06/2024300,00024,441324,441
Depreciation
At 01/07/2023-24,44124,441
At 30/06/2024-24,44124,441
Net Book Amounts
At 30/06/2024300,000-300,000
At 30/06/2023300,000-300,000
4. DEBTORS 20242023
££
Amounts falling due within one year
VAT1639
1639
Amounts falling due over more than one year
Long term debtor- associated company287,500313,500
287,500313,500
287,516313,539
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
UK corporation tax2,836494
Directors current account33,00037,000
Trade creditors2,272388
Accruals3861,216
38,49439,098

Provent Consortium Limited

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20242023
££
Bank loans (unsecured) >1yr Bounce Back Loan-4,667
Bank loans (secured) >1yr Shawbrook Bank182,354202,354
Loans >1yr Participators Loans133,000148,000
315,354355,021
7. PROVISIONS FOR LIABILITIES 20242023
££
Deferred taxation7,4577,457
7,4577,457
8. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
20000 Ordinary shares of £1 each2000020000
20,00020,000
9. REVALUATION RESERVE 20242023
££
Revaluation reserve34,77034,770
34,77034,770