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Registration number: 02462167

Pro-Rol Engineering Limited

Annual Report and Unaudited Filleted Financial Statements

for the Year Ended 31 August 2024

image-name
 

Pro-Rol Engineering Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 4

 

Pro-Rol Engineering Limited

Company Information

Director

Mr D Rogers

Registered office

Units 9 &11
Stilebrook Road
Olney
Buckinghamshire
MK46 5EA

Accountants

Michael J Emery & Co Limited
Chartered Accountants22 St. John Street
Newport Pagnell
Buckinghamshire
MK16 8HJ

 

Pro-Rol Engineering Limited

(Registration number: 02462167)
Balance Sheet as at 31 August 2024

Note

2024
£

2023
£

Current assets

 

Cash at bank and in hand

 

182

100

Creditors: Amounts falling due within one year

5

(450)

-

Net (liabilities)/assets

 

(268)

100

Capital and reserves

 

Called up share capital

100

100

Retained earnings

(368)

-

Shareholders' (deficit)/funds

 

(268)

100

For the financial year ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 19 March 2025
 

.........................................
Mr D Rogers
Director

 

Pro-Rol Engineering Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Units 9 &11
Stilebrook Road
Olney
Buckinghamshire
MK46 5EA

These financial statements were authorised for issue by the director on 19 March 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

 

Pro-Rol Engineering Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company during the year, including the director, was 1 (2023 - 1).

4

Debtors

Current

2024
£

2023
£

 

-

-

5

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Accruals and deferred income

150

-

Other creditors

300

-

450

-

6

Related party transactions

Summary of transactions with other related parties

Projector Lifitng Services Limited
A company under common control.

During the year the company recieved money from Projector Lifting Services Limited of £100 (2023: £Nil) At the balance sheet date, the amount owed to Projector Lifting Services was £300 (2023: £200) in respect of intercompany loans and trade balances.