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REGISTERED NUMBER: 02772660 (England and Wales)















Unaudited Financial Statements for the Year Ended 29 February 2024

for

Conpro Limited

Conpro Limited (Registered number: 02772660)






Contents of the Financial Statements
for the year ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Conpro Limited

Company Information
for the year ended 29 February 2024







DIRECTORS: J N Parrott
Mrs G Penketh
Dr A L Anderson
Ms J A Parrott





SECRETARY: Mrs G Penketh





REGISTERED OFFICE: Sprotts Hall, Holt Road
Polstead
Colchester
Suffolk
CO6 5BT





REGISTERED NUMBER: 02772660 (England and Wales)





ACCOUNTANTS: Simpson Forbes Accountants
Unit 6,CherryTree Farm
Blackmore End Road
Sible Hedingham
Essex
CO9 3LZ

Conpro Limited (Registered number: 02772660)

Balance Sheet
29 February 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 723,860 724,274
Investments 5 500,000 500,000
1,223,860 1,224,274

CURRENT ASSETS
Debtors 6 269,120 195,339
Cash at bank 310,832 341,466
579,952 536,805
CREDITORS
Amounts falling due within one year 7 62,562 48,029
NET CURRENT ASSETS 517,390 488,776
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,741,250

1,713,050

PROVISIONS FOR LIABILITIES 7,061 7,139
NET ASSETS 1,734,189 1,705,911

CAPITAL AND RESERVES
Called up share capital 442,000 442,000
Other reserves 58,696 58,696
Retained earnings 1,233,493 1,205,215
SHAREHOLDERS' FUNDS 1,734,189 1,705,911

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Conpro Limited (Registered number: 02772660)

Balance Sheet - continued
29 February 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 Board of Directors and authorised for issue on 15 May 2024 and were signed on its behalf by:





Mrs G Penketh - Director


Conpro Limited (Registered number: 02772660)

Notes to the Financial Statements
for the year ended 29 February 2024

1. STATUTORY INFORMATION

Conpro 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.

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.
Land and buildings - not provided
Plant and machinery etc - 18% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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 3 (2023 - 3 ) .

Conpro Limited (Registered number: 02772660)

Notes to the Financial Statements - continued
for the year ended 29 February 2024

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 March 2023
and 29 February 2024 723,020 11,679 734,699
DEPRECIATION
At 1 March 2023 - 10,425 10,425
Charge for year - 414 414
At 29 February 2024 - 10,839 10,839
NET BOOK VALUE
At 29 February 2024 723,020 840 723,860
At 28 February 2023 723,020 1,254 724,274

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 March 2023
and 29 February 2024 500,000
NET BOOK VALUE
At 29 February 2024 500,000
At 28 February 2023 500,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 60,362 -
Amounts owed by group undertakings - 84,000
Amounts owed by participating interests 80,000 -
Other debtors 128,758 111,339
269,120 195,339

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 56,384 42,517
Other creditors 6,178 5,512
62,562 48,029

Conpro Limited (Registered number: 02772660)

Notes to the Financial Statements - continued
for the year ended 29 February 2024

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 29 February 2024 and 28 February 2023:

2024 2023
£    £   
J N Parrott
Balance outstanding at start of year 110,701 118,716
Amounts advanced 127,349 110,701
Amounts repaid (110,701 ) (118,716 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 127,349 110,701

9. RELATED PARTY DISCLOSURES

During the year, total dividends of £118,716 (2023 - £118,716) were paid to the directors .

In the year to 29th February 2024 the company charged rent of £32,750 (2023: £32,750) and management charges of £210,000 (2023: £130,000) to Control engineering Limited (CEL), a subsidiary with common directors.

As at 29th February 2024, the company was owed £140,000 by CEL.

Interest of £2,271 (2023: £2,010) was charged on the overdrawn director's loan account through the year.

Rent of £8,100 was received from Ms Julia Parrott, daughter of JN Parrott and a sibling to the other directors.

10. ULTIMATE CONTROLLING PARTY

The controlling party is J N Parrott.