Acorah Software Products - Accounts Production 16.1.300 false true true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 12584429 Mr Clay Lamont iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12584429 2023-05-31 12584429 2024-05-31 12584429 2023-06-01 2024-05-31 12584429 frs-core:Non-currentFinancialInstruments 2024-05-31 12584429 frs-core:MotorVehicles 2023-06-01 2024-05-31 12584429 frs-core:ShareCapital 2024-05-31 12584429 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 12584429 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 12584429 frs-bus:AbridgedAccounts 2023-06-01 2024-05-31 12584429 frs-bus:SmallEntities 2023-06-01 2024-05-31 12584429 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 12584429 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 12584429 frs-bus:Director1 2023-06-01 2024-05-31 12584429 frs-countries:EnglandWales 2023-06-01 2024-05-31 12584429 2022-05-31 12584429 2023-05-31 12584429 2022-06-01 2023-05-31 12584429 frs-core:Non-currentFinancialInstruments 2023-05-31 12584429 frs-core:ShareCapital 2023-05-31 12584429 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: 12584429
PROLINE REFURBS LTD
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 May 2024
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3
Page 1
Abridged Balance Sheet
Registered number: 12584429
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 21,658
- 21,658
CURRENT ASSETS
Debtors - 1,335
Cash at bank and in hand 10 164
10 1,499
Creditors: Amounts Falling Due Within One Year (21,407 ) (23,147 )
NET CURRENT ASSETS (LIABILITIES) (21,397 ) (21,648 )
TOTAL ASSETS LESS CURRENT LIABILITIES (21,397 ) 10
Creditors: Amounts Falling Due After More Than One Year - (4,822 )
NET LIABILITIES (21,397 ) (4,812 )
CAPITAL AND RESERVES
Called up share capital 5 1 1
Profit and Loss Account (21,398 ) (4,813 )
SHAREHOLDERS' FUNDS (21,397) (4,812)
Page 1
Page 2
For the year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 May 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Clay Lamont
Director
27/01/2025
The notes on page 3 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
PROLINE REFURBS LTD is a private company, limited by shares, incorporated in England & Wales, registered number 12584429 . The registered office is 120 Hangleton Valley Drive, Hove, BN3 8EJ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 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 £.
2.2. Going Concern Disclosure
The financial statements are prepared on going concern basis with a reasonable expectation that the company will receive the financial support from the company's shareholder, the director considers that the company will continue in operational existence for the foreseeable future. On the basis, the director considers it is appropriate to prepare the financial statements on the going concern basis. The financial statements do not include any adjustments that would result from a withdrawal of the facility by the company's shareholder. 
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Motor Vehicles Reducing balance method over 10 years
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Total
£
Cost
As at 1 June 2023 27,502
Disposals (27,502 )
As at 31 May 2024 -
Depreciation
As at 1 June 2023 5,844
Provided during the period 2,166
Disposals (8,010 )
As at 31 May 2024 -
Net Book Value
As at 31 May 2024 -
As at 1 June 2023 21,658
5. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 3