PROSPR GROUP LTD

Company Registration Number:
14863460 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2024

Period of accounts

Start date: 11 May 2023

End date: 31 May 2024

PROSPR GROUP LTD

Contents of the Financial Statements

for the Period Ended 31 May 2024

Directors report
Profit and loss
Balance sheet
Additional notes

PROSPR GROUP LTD

Directors' report period ended 31 May 2024

The directors present their report with the financial statements of the company for the period ended 31 May 2024

Principal activities of the company

Principal Activities of the Company PROSPR is a luxury fashion and lifestyle PR consultancy agency, specializing in bridging the gap between diversity and the luxury market. Its core services include brand representation, strategic communications, event management, and promoting diverse talent in high-end fashion and lifestyle sectors. Director Changes During this reporting period, one of the directors stepped down from their position. Business Performance The company has experienced a slowdown in business. As a result, the remaining directors are currently reviewing future options, which may include considering the dissolution of the company. Profit and Loss Summary For the period covering the financial statements, the business has achieved a total gross revenue of approximately £13,104, indicating a positive overall performance. However, there was a total loss of £17,075, which highlights areas where expenses outpaced income in certain months. Despite this, the company's balance remains positive with steady incoming funds. It is crucial to analyze the expenses and explore opportunities for further revenue generation to mitigate these losses in the coming periods.



Directors

The director shown below has held office during the whole of the period from
11 May 2023 to 31 May 2024

Alexis Adjei


The director shown below has held office during the period of
11 May 2023 to 23 May 2024

Rayane Farran


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
24 January 2025

And signed on behalf of the board by:
Name: Alexis Adjei
Status: Director

PROSPR GROUP LTD

Profit And Loss Account

for the Period Ended 31 May 2024

13 months to 31 May 2024


£
Turnover: 13,104
Cost of sales: ( 5,054 )
Gross profit(or loss): 8,050
Distribution costs: ( 4,735 )
Administrative expenses: ( 3,859 )
Operating profit(or loss): (544)
Profit(or loss) before tax: (544)
Profit(or loss) for the financial year: (544)

PROSPR GROUP LTD

Balance sheet

As at 31 May 2024

Notes 13 months to 31 May 2024


£
Called up share capital not paid: 1
Fixed assets
Intangible assets:   0
Tangible assets:   0
Investments:   0
Total fixed assets: 0
Current assets
Stocks:   0
Debtors:   0
Cash at bank and in hand: 0
Investments:   0
Total current assets: 0
Prepayments and accrued income: 0
Creditors: amounts falling due within one year:   0
Net current assets (liabilities): 0
Total assets less current liabilities: 1
Creditors: amounts falling due after more than one year:   0
Provision for liabilities: 0
Accruals and deferred income: 0
Total net assets (liabilities): 1
Capital and reserves
Called up share capital: 1
Share premium account: 0
Other reserves: 0
Profit and loss account: 0
Total Shareholders' funds: 1

The notes form part of these financial statements

PROSPR GROUP LTD

Balance sheet statements

For the year ending 31 May 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.

This report was approved by the board of directors on 24 January 2025
and signed on behalf of the board by:

Name: Alexis Adjei
Status: Director

The notes form part of these financial statements

PROSPR GROUP LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

PROSPR GROUP LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees

    13 months to 31 May 2024
    Average number of employees during the period 1