Company registration number:
SC311362
Prostance Ltd
Unaudited filleted financial statements
31 May 2024
Prostance Ltd
Contents
Statement of financial position and notes to the financial statements
Prostance Ltd
Statement of financial position
31 May 2024
|
|
|
2024 |
|
2023 |
|
|
|
|
|
£ |
|
£ |
|
|
|
|
|
|
|
|
|
|
Fixed assets |
|
|
- |
|
100 |
|
|
|
|
|
_______ |
|
_______ |
|
|
|
|
|
|
|
|
|
|
Current assets |
|
|
- |
|
71,769 |
|
|
|
|
|
|
|
|
|
|
Creditors: amounts falling due within one year |
|
|
(
139,783) |
|
(
139,783) |
|
|
|
|
|
_______ |
|
_______ |
|
|
|
|
|
|
|
|
|
|
Net current liabilities |
|
|
(
139,783) |
|
(
68,014) |
|
|
|
|
|
_______ |
|
_______ |
|
|
|
|
|
|
|
|
|
|
Total assets less current liabilities |
|
|
(
139,783) |
|
(
67,914) |
|
|
|
|
|
|
|
|
|
|
Accruals and deferred income |
|
|
- |
|
(
540) |
|
|
|
|
|
|
|
|
|
|
|
|
|
_______ |
|
_______ |
|
|
Net liabilities |
|
|
(
139,783) |
|
(
68,454) |
|
|
|
|
|
_______ |
|
_______ |
|
|
|
|
|
|
|
|
|
|
Capital and reserves |
|
|
(
139,783) |
|
(
68,454) |
|
|
|
|
|
_______ |
|
_______ |
|
|
|
|
|
|
|
|
|
|
Notes to the financial statements
Prostance Ltd
Year ended 31 May 2024
1.
Directors advances, credits and guarantees
|
|
Balance brought forward and o/standing |
Balance brought forward and o/standing |
|
|
2024 |
2023 |
|
|
£ |
£ |
|
Stewart W Craig |
4,542 |
4,542 |
|
Barry W Wright |
135,241 |
135,241 |
|
|
_______ |
_______ |
|
|
139,783 |
139,783 |
|
|
_______ |
_______ |
|
|
|
|
One of the directors has provided the company with a loan which attracted interest at 7.5% per annum, calculated on a daily basis up to 31st August 2010. Interest accrued to this date has been added to the loan. No further interest has been accrued and added to the loan since that date. The loan has no fixed date for repayment.
The company did not trade during the year and has not made either a profit or loss.
For the year ending 31 May 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
Directors responsiblities:
-
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the
board of directors
and authorised for issue on
03 February 2025
, and are signed on behalf of the board by:
Barry W Wright
Director
Company registration number:
SC311362
The company is a private company limited by shares, registered in Scotland. The address of the registered office is St David's, George Street, Bathgate, West Lothian, EH48 1PH.