Company Registration No. 09342625 (England and Wales)
PROOS BUILDING LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 MARCH 2024
31 March 2024
PAGES FOR FILING WITH REGISTRAR
PM+M Solutions for Business LLP
Chartered Accountants
New Century House
Greenbank Technology Park
Challenge Way
Blackburn
Lancashire
BB1 5QB
PROOS BUILDING LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2
PROOS BUILDING LIMITED
BALANCE SHEET
AS AT
31 MARCH 2024
31 March 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Investments
3
13
13
Capital and reserves
Called up share capital
13
13

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

The financial statements were approved and signed by the director and authorised for issue on 16 January 2025
D M Proos
Director
Company registration number 09342625 (England and Wales)
PROOS BUILDING LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
- 2 -
1
Accounting policies
Company information

Proos Building Limited is a private company limited by shares incorporated in England and Wales. The registered office is C/o PM+M, New Century House, Challenge Way, Greenbank Technology Park, Blackburn, Lancashire, BB1 5QB.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Fixed asset investments

Interests in subsidiaries are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

1.3
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
1
1
3
Fixed asset investments
2024
2023
£
£
Shares in group undertakings and participating interests
13
13
2024-03-312023-04-01falsefalsefalse16 January 2025CCH SoftwareCCH Accounts Production 2024.310No description of principal activityD M Proos093426252023-04-012024-03-31093426252024-03-31093426252023-03-3109342625core:ShareCapital2024-03-3109342625core:ShareCapital2023-03-3109342625bus:Director12023-04-012024-03-31093426252022-04-012023-03-3109342625bus:PrivateLimitedCompanyLtd2023-04-012024-03-3109342625bus:SmallCompaniesRegimeForAccounts2023-04-012024-03-3109342625bus:FRS1022023-04-012024-03-3109342625bus:AuditExemptWithAccountantsReport2023-04-012024-03-3109342625bus:FullAccounts2023-04-012024-03-31xbrli:purexbrli:sharesiso4217:GBP