Company Registration No. 06697494 (England and Wales)
The Prospect Factory Limited
Unaudited accounts
for the year ended 30 September 2024
The Prospect Factory Limited
Unaudited accounts
Contents
The Prospect Factory Limited
Company Information
for the year ended 30 September 2024
Company Number
06697494 (England and Wales)
The Prospect Factory Limited
Statement of financial position
as at 30 September 2024
Tangible assets
1,861
2,090
Cash at bank and in hand
820,927
754,671
Creditors: amounts falling due within one year
(107,733)
(101,926)
Net current assets
956,546
835,657
Net assets
958,407
837,747
Called up share capital
880
880
Profit and loss account
957,527
836,867
Shareholders' funds
958,407
837,747
For the year ending 30 September 2024 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 director acknowledges his 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 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 and authorised for issue on 14 February 2025 and were signed on its behalf by
GAUNTLETT, David
Director
Company Registration No. 06697494
The Prospect Factory Limited
Notes to the Accounts
for the year ended 30 September 2024
The Prospect Factory Limited is a private company, limited by shares, registered in England and Wales, registration number 06697494.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 October 2023
4,261
34,683
38,944
At 30 September 2024
4,442
35,423
39,865
At 1 October 2023
3,716
33,138
36,854
Charge for the year
119
1,031
1,150
At 30 September 2024
3,835
34,169
38,004
At 30 September 2024
607
1,254
1,861
At 30 September 2023
545
1,545
2,090
Amounts falling due within one year
Trade debtors
165,196
96,404
Accrued income and prepayments
3,004
3,164
Other debtors
69,809
66,308
The Prospect Factory Limited
Notes to the Accounts
for the year ended 30 September 2024
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
16,810
18,336
Taxes and social security
61,647
58,064
Other creditors
2,716
2,920
Loans from directors
2,542
2,230
7
Average number of employees
During the year the average number of employees was 6 (2023: 6).