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Company Registration No. 3298775 (England and Wales)
Provel Limited Unaudited accounts for the year ended 31 January 2025
Provel Limited Unaudited accounts Contents
Page
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Provel Limited Company Information for the year ended 31 January 2025
Directors
Mr Paul John Bramall Mr Martyn Lee Wilson
Secretary
Mr Paul John Bramall
Company Number
3298775 (England and Wales)
Registered Office
48 Saville Street Bolton Saville Street Bolton BL2 1BY England
Accountants
Xeinadin Group Regent House Folds Road Bolton BL1 2RZ
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Provel Limited Statement of financial position as at 31 January 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,477 
5,035 
Current assets
Inventories
1,945 
1,273 
Debtors
46,583 
38,550 
Cash at bank and in hand
220,806 
214,460 
269,334 
254,283 
Creditors: amounts falling due within one year
(57,083)
(48,809)
Net current assets
212,251 
205,474 
Total assets less current liabilities
216,728 
210,509 
Provisions for liabilities
Deferred tax
(851)
(957)
Net assets
215,877 
209,552 
Capital and reserves
Called up share capital
4,753 
4,753 
Share premium
3,000 
3,000 
Profit and loss account
208,124 
201,799 
Shareholders' funds
215,877 
209,552 
For the year ending 31 January 2025 the company was entitled to exemption from audit 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 the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 14 March 2025 and were signed on its behalf by
Mr Martyn Lee Wilson Director Company Registration No. 3298775
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Provel Limited Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
Provel Limited is a private company, limited by shares, registered in England and Wales, registration number 3298775. The registered office is 48 Saville Street Bolton, Saville Street, Bolton, BL2 1BY, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
10% Straight Line
Motor vehicles
25% Reducing Balance
Fixtures & fittings
20% Straight Line
Computer equipment
33% Straight Line
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 February 2024
61,247 
At 31 January 2025
61,247 
Depreciation
At 1 February 2024
56,212 
Charge for the year
558 
At 31 January 2025
56,770 
Net book value
At 31 January 2025
4,477 
At 31 January 2024
5,035 
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Provel Limited Notes to the Accounts for the year ended 31 January 2025
5
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
4,751 Ordinary shares of £1 each
4,751 
4,751 
1 Ordinary A Shares of £1 each
1 
1 
1 Ordinary B Shares of £1 each
1 
1 
4,753 
4,753 
6
Average number of employees
During the year the average number of employees was 5 (2024: 5).
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