IRIS Accounts Production v24.3.0.553 11032968 director 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh110329682023-03-31110329682024-03-31110329682023-04-012024-03-31110329682022-03-31110329682022-04-012023-03-31110329682023-03-3111032968ns15:EnglandWales2023-04-012024-03-3111032968ns14:PoundSterling2023-04-012024-03-3111032968ns10:Director12023-04-012024-03-3111032968ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3111032968ns10:SmallEntities2023-04-012024-03-3111032968ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3111032968ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3111032968ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3111032968ns10:FullAccounts2023-04-012024-03-3111032968ns10:RegisteredOffice2023-04-012024-03-3111032968ns5:CurrentFinancialInstruments2024-03-3111032968ns5:CurrentFinancialInstruments2023-03-3111032968ns5:ShareCapital2024-03-3111032968ns5:ShareCapital2023-03-3111032968ns5:RetainedEarningsAccumulatedLosses2024-03-3111032968ns5:RetainedEarningsAccumulatedLosses2023-03-3111032968ns5:PlantMachinery2023-03-3111032968ns5:PlantMachinery2023-04-012024-03-3111032968ns5:PlantMachinery2024-03-3111032968ns5:PlantMachinery2023-03-3111032968ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3111032968ns5:WithinOneYearns5:CurrentFinancialInstruments2023-03-31
















PROCOM AUDIO VISUAL LIMITED

Unaudited Financial Statements

for the Year Ended 31st March 2024






PROCOM AUDIO VISUAL LIMITED (REGISTERED NUMBER: 11032968)






Contents of the Financial Statements
for the year ended 31st March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PROCOM AUDIO VISUAL LIMITED

Company Information
for the year ended 31st March 2024







DIRECTOR: D Thornborough





REGISTERED OFFICE: 399 Chorley Old Road
Bolton
BL1 6AH





REGISTERED NUMBER: 11032968 (England and Wales)





ACCOUNTANTS: Haines Watts Wirral Limited
1 Abbots Quay
Monks Ferry
Birkenhead
Merseyside
CH41 5LH

PROCOM AUDIO VISUAL LIMITED (REGISTERED NUMBER: 11032968)

Balance Sheet
31st March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,771 1,126

CURRENT ASSETS
Stocks 9,725 2,367
Debtors 5 56,886 45,567
Cash at bank and in hand 18,622 35,066
85,233 83,000
CREDITORS
Amounts falling due within one year 6 88,672 83,803
NET CURRENT LIABILITIES (3,439 ) (803 )
TOTAL ASSETS LESS CURRENT LIABILITIES 332 323

PROVISIONS FOR LIABILITIES 211 211
NET ASSETS 121 112

CAPITAL AND RESERVES
Called up share capital 110 110
Retained earnings 11 2
121 112

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

PROCOM AUDIO VISUAL LIMITED (REGISTERED NUMBER: 11032968)

Balance Sheet - continued
31st March 2024


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 12th November 2024 and were signed by:





D Thornborough - Director


PROCOM AUDIO VISUAL LIMITED (REGISTERED NUMBER: 11032968)

Notes to the Financial Statements
for the year ended 31st March 2024

1. STATUTORY INFORMATION

Procom Audio Visual Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 3 ) .

PROCOM AUDIO VISUAL LIMITED (REGISTERED NUMBER: 11032968)

Notes to the Financial Statements - continued
for the year ended 31st March 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st April 2023 2,116
Additions 2,914
At 31st March 2024 5,030
DEPRECIATION
At 1st April 2023 990
Charge for year 269
At 31st March 2024 1,259
NET BOOK VALUE
At 31st March 2024 3,771
At 31st March 2023 1,126

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 4,238 42,643
Other debtors 52,648 2,924
56,886 45,567

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 36,834 42,668
Trade creditors 46,297 24,808
Taxation and social security 2,082 14,827
Other creditors 3,459 1,500
88,672 83,803