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Registered number: 15232061

Proshare Limited

ACCOUNTS
FOR THE PERIOD ENDED 31 OCTOBER 2024

Prepared By:
CG Accounting Limited
1 Glebe Road
Welwyn
Hertfordshire
AL6 9PB

Proshare Limited

ACCOUNTS
FOR THE PERIOD ENDED 31 OCTOBER 2024
DIRECTORS
Grant Hodgkinson
Edward Kercher
REGISTERED OFFICE
1 Glebe Road
Welwyn
Hertfordshire
AL6 9PB
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 15232061
ACCOUNTANTS
CG Accounting Limited
1 Glebe Road
Welwyn
Hertfordshire
AL6 9PB

Proshare Limited

ACCOUNTS
FOR THEPERIODENDED31 OCTOBER 2024
CONTENTS
Page
Balance Sheet3
Notes To The Accounts4

Proshare Limited

BALANCE SHEET AT 31 October 2024
2024
Notes£
FIXED ASSETS
Tangible assets664,381
CURRENT ASSETS
Debtors4497
Cash at bank and in hand2,819
3,316
CREDITORS: Amounts falling due within one year5173,479
NET CURRENT LIABILITIES(170,163)
TOTAL ASSETS LESS CURRENT LIABILITIES494,218
CREDITORS: Amounts falling due after more than one year6517,970
NET LIABILITIES(23,752)
CAPITAL AND RESERVES
Called up share capital7100
Profit and loss account(23,852)
SHAREHOLDERS' FUNDS(23,752)
For the year ending 31 October 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 25 February 2025 and signed on their behalf by
.............................
Grant Hodgkinson
Director

Proshare Limited

NOTES TO THE ACCOUNTS
FOR THE PERIOD ENDED 31 OCTOBER 2024
1. ACCOUNTING POLICIES
1a. Statutory Information
Proshare Limited is a private company, limited by shares, domiciled in England and Wales, registration number 15232061. The registered office is 1 Glebe Road, Welwyn, AL6 9PB.
1b. Compliance With Accounting Standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small enitites. There were no material departures from that standard.
1c. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1d. Investment Properties
Investment properties are included in the financial statements at fair value. They are remeasured to fair value at the end of each accounting period. Any gains or losses are recorded in the profit and loss account.
2. EMPLOYEES
2024
No.No.
Average number of employees-
3. INVESTMENT PROPERTIES
Investment
PropertiesTotal
££
Fair value
Additions664,381664,381
At 31 October 2024664,381664,381

Proshare Limited

4. DEBTORS 2024
£
Amounts falling due within one year
Other debtors2
Prepayments495
497
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
£
Loans134,359
Trade creditors38,420
Accruals700
173,479
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024
£
Loans >1yr517,970
517,970
7. SHARE CAPITAL 2024
£
Allotted, issued and fully paid:
50 Ordinary shares of £1 each50
50 Class B shares of £1 each50
100
New shares issued during period:
50 Ordinary shares of £1 each50
50 Class B shares of £1 each50
100

Proshare Limited

8. CONTINGENT LIABILITIES
The company's short term loan borrowings are secured by a first legal charge over Bishopstoke Road.