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REGISTERED NUMBER: 14739240 (England and Wales)















Financial Statements for the Period 17 March 2023 to 31 March 2024

for

Pro Lining Solutions Ltd

Pro Lining Solutions Ltd (Registered number: 14739240)






Contents of the Financial Statements
for the Period 17 March 2023 to 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Pro Lining Solutions Ltd

Company Information
for the Period 17 March 2023 to 31 March 2024







DIRECTORS: S O Tucker
M I Douglas



REGISTERED OFFICE: Unit 16
Enterprise Park
Moorhouse Avenue
Leeds
LS11 8HA



REGISTERED NUMBER: 14739240 (England and Wales)



SENIOR STATUTORY AUDITOR: Andrew Wilkinson FCA



AUDITORS: Malcolm Jones & Co Limited
Statutory Auditors
Accountants and Business Advisers
West Hill House
Allerton Hill
Chapel Allerton
Leeds
West Yorkshire
LS7 3QB

Pro Lining Solutions Ltd (Registered number: 14739240)

Balance Sheet
31 March 2024

Notes £    £   
FIXED ASSETS
Tangible assets 4 18,757

CURRENT ASSETS
Stocks 145,283
Debtors 5 438,014
Cash at bank 348,506
931,803
CREDITORS
Amounts falling due within one year 6 795,667
NET CURRENT ASSETS 136,136
TOTAL ASSETS LESS CURRENT
LIABILITIES

154,893

PROVISIONS FOR LIABILITIES 4,689
NET ASSETS 150,204

CAPITAL AND RESERVES
Called up share capital 1
Retained earnings 150,203
150,204

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 March 2025 and were signed on its behalf by:




M I Douglas - Director



S O Tucker - Director


Pro Lining Solutions Ltd (Registered number: 14739240)

Notes to the Financial Statements
for the Period 17 March 2023 to 31 March 2024

1. STATUTORY INFORMATION

Pro Lining Solutions Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of these is recognised by reference to the stage of completion of each individual contract.

Where the substance of a contract is that the contractual obligations are performed gradually over time,
revenue is recognised as contract activity progresses to reflect the partial performance of our contractual
obligations. The amount of revenue included reflects the accrual of the right to consideration as contract
activity progresses by reference to value of the work performed.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost and 20% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pro Lining Solutions Ltd (Registered number: 14739240)

Notes to the Financial Statements - continued
for the Period 17 March 2023 to 31 March 2024

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 19,246
At 31 March 2024 19,246
DEPRECIATION
Charge for period 489
At 31 March 2024 489
NET BOOK VALUE
At 31 March 2024 18,757

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 426,506
Other debtors 11,508
438,014

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 499,378
Taxation and social security 64,108
Other creditors 232,181
795,667

7. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Andrew Wilkinson FCA (Senior Statutory Auditor)
for and on behalf of Malcolm Jones & Co Limited

8. RELATED PARTY DISCLOSURES

Disclosure re parent undertaking:

Balances with parent undertaking: Creditor - £215,761.

Pro Lining Solutions Ltd (Registered number: 14739240)

Notes to the Financial Statements - continued
for the Period 17 March 2023 to 31 March 2024

9. ULTIMATE CONTROLLING PARTY

The controlling party is IMS Robotics UK Limited.

The ultimate controlling party is IMS Verwaltungs GmbH.

The parent company for which group accounts are drawn up is IMS Verwaltungs GmbH of Am Bauhof 6, 01458 Ottendorf-Okrilla, Germany.