PROTOSHEET ENGINEERING LIMITED

Company Registration Number:
01228110 (England and Wales)

Unaudited abridged accounts for the year ended 31 May 2024

Period of accounts

Start date: 01 June 2023

End date: 31 May 2024

PROTOSHEET ENGINEERING LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2024

Balance sheet
Notes

PROTOSHEET ENGINEERING LIMITED

Balance sheet

As at 31 May 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 242,784 284,928
Total fixed assets: 242,784 284,928
Current assets
Stocks: 37,244 165,080
Debtors:   867,086 1,049,195
Cash at bank and in hand: 699,905 452,919
Total current assets: 1,604,235 1,667,194
Creditors: amounts falling due within one year: 4 (552,495) (541,373)
Net current assets (liabilities): 1,051,740 1,125,821
Total assets less current liabilities: 1,294,524 1,410,749
Creditors: amounts falling due after more than one year: 5 (22,332) (39,300)
Total net assets (liabilities): 1,272,192 1,371,449
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 1,271,192 1,370,449
Shareholders funds: 1,272,192 1,371,449

The notes form part of these financial statements

PROTOSHEET ENGINEERING LIMITED

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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 06 November 2024
and signed on behalf of the board by:

Name: SJ Burgess
Status: Director

The notes form part of these financial statements

PROTOSHEET ENGINEERING LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

PROTOSHEET ENGINEERING LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

2. Employees

2024 2023
Average number of employees during the period 29 27

PROTOSHEET ENGINEERING LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

3. Tangible Assets

Total
Cost £
At 01 June 2023 836,957
Additions 8,442
At 31 May 2024 845,399
Depreciation
At 01 June 2023 552,029
Charge for year 50,586
At 31 May 2024 602,615
Net book value
At 31 May 2024 242,784
At 31 May 2023 284,928

PROTOSHEET ENGINEERING LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Creditors: amounts falling due within one year note

Included within creditors falling due within one year are amounts of: £45,984 (2023 - £40,704) due to H G Extance; £37,650 (2023 - £32,128) due to SJ Burgess; £37,500 (2023 - £32,000) due to AM King; and £37,500 (2023 - £32,000) due to JM King all of whom are directors.

PROTOSHEET ENGINEERING LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

5. Creditors: amounts falling due after more than one year note

Included within creditors falling due within and after more than one year are hire purchase obligations totalling £11,515 (2023 - £20,002) which are secured against the related assets.