Pro 16 Plus Limited 14130728 false 2023-06-01 2024-05-31 2024-05-31 The principal activity of the company is Educational support services Digita Accounts Production Advanced 6.30.9574.0 true 14130728 2023-06-01 2024-05-31 14130728 2024-05-31 14130728 core:CurrentFinancialInstruments 2024-05-31 14130728 core:CurrentFinancialInstruments core:WithinOneYear 2024-05-31 14130728 core:FurnitureFittings 2024-05-31 14130728 bus:SmallEntities 2023-06-01 2024-05-31 14130728 bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 14130728 bus:FilletedAccounts 2023-06-01 2024-05-31 14130728 bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 14130728 bus:Director4 2023-06-01 2024-05-31 14130728 bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 14130728 core:FurnitureFittings 2023-06-01 2024-05-31 14130728 countries:England 2023-06-01 2024-05-31 14130728 2023-05-31 14130728 core:FurnitureFittings 2023-05-31 14130728 2022-06-01 2023-05-31 14130728 2023-05-31 14130728 core:CurrentFinancialInstruments 2023-05-31 14130728 core:CurrentFinancialInstruments core:WithinOneYear 2023-05-31 14130728 core:FurnitureFittings 2023-05-31 iso4217:GBP xbrli:pure

Registration number: 14130728

Pro 16 Plus Limited

Unaudited Financial Statements

for the Year Ended 31 May 2024

 

Pro 16 Plus Limited

(Registration number: 14130728)

Balance Sheet as at 31 May 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

3

22,689

8,601

Current assets

 

Debtors

4

5,794

8,951

Cash at bank and in hand

 

102,040

31,547

 

107,834

40,498

Creditors: Amounts falling due within one year

5

(51,782)

(44,500)

Net current assets/(liabilities)

 

56,052

(4,002)

Net assets

 

78,741

4,599

Capital and reserves

 

Called up share capital

100

100

Retained earnings

78,641

4,499

Shareholders' funds

 

78,741

4,599

For the financial 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.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Directors' Report and the Profit and Loss Account has been taken.

These financial statements, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and in accordance with the provisions of FRS 102 Section 1A Small Entities, were approved and authorised for issue by the Board on 26 February 2025 and signed on its behalf by:
 

.........................................

P Hanks

Director

 

Pro 16 Plus Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2024

1

Accounting policies

Statutory information

Pro 16 Plus Limited is a private company, limited by shares, domiciled in England and Wales, company number 14130728. The registered office is at 20 Eagle View, Sheffield, S26 2GL.

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value. The presentation currency is United Kingdom pounds sterling, which is the functional currency of the company. The financial statements are those of an individual entity.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Tax

The tax expense for the period comprises current tax. Tax is recognised in comprehensive income and retained earnings, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

 

Pro 16 Plus Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2024 (continued)

1

Accounting policies (continued)

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Fixtures and Fittings - 20% Straight Line

 

2

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4 (2023 - 4).

 

Pro 16 Plus Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2024 (continued)

3

Tangible assets

Fixtures and fittings
£

Total
£

Cost

At 1 June 2023

10,117

10,117

Additions

18,827

18,827

At 31 May 2024

28,944

28,944

Depreciation

At 1 June 2023

1,516

1,516

Charge for the year

4,739

4,739

At 31 May 2024

6,255

6,255

Carrying amount

At 31 May 2024

22,689

22,689

At 31 May 2023

8,601

8,601

4

Debtors

2024
£

2023
£

Prepayments

4,193

4,918

Other debtors

1,601

4,033

 

5,794

8,951

5

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Trade creditors

-

235

Taxation and social security

48,788

12,965

Accruals and deferred income

2,200

31,300

Other creditors

794

-

51,782

44,500