GETPROSPER LIMITED


Director	MURPHY, Simon John


Registered Address	124-128 City Road
	London
	EC1V 2NX


Registered Number	14992849 (England and Wales)

Balance Sheet as at
31 July 2024

	Notes	2024
		£	£
Fixed assets
Tangible assets	3		889
			889
Current assets
Cash at bank and on hand		6,298
		6,298
Creditors amounts falling due within one year	4	(10,642)
Net current assets (liabilities)			(4,344)
Total assets less current liabilities			(3,455)
Creditors amounts falling due after one year	5		(80,000)
Net assets			(83,455)
Capital and reserves
Called up share capital			100
Profit and loss account			(83,555)
Shareholders' funds			(83,455)

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 3 April 2025, and are signed on its behalf by:

MURPHY, Simon John
Director
Registered Company No. 14992849

GETPROSPER LIMITED

Notes to the Financial Statements
for the period ended 31 July 2024

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Going concern
	The directors have assessed the company’s financial position, including its current cash resources and ongoing efforts to secure additional funding. The company is exploring various financing options however, there is uncertainty over the success of these funding efforts. As a result, a material uncertainty exists that may cast doubt on the company’s ability to continue as a going concern. After considering the available information and potential future funding opportunities, the directors believe it is appropriate to prepare the financial statements on a going concern basis.

Going concern

The directors have assessed the company’s financial position, including its current cash resources and ongoing efforts to secure additional funding. The company is exploring various financing options however, there is uncertainty over the success of these funding efforts. As a result, a material uncertainty exists that may cast doubt on the company’s ability to continue as a going concern.

After considering the available information and potential future funding opportunities, the directors believe it is appropriate to prepare the financial statements on a going concern basis.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Straight line (years)
	Office Equipment	4

2.	Average number of employees


		2024
	Average number of employees during the year	2

3.	Tangible fixed assets

	Office Equipment	Total
	£	£
Cost or valuation
Additions	1,020	1,020
At 31 July 24	1,020	1,020
Depreciation and impairment
Charge for year	131	131
At 31 July 24	131	131
Net book value
At 31 July 24	889	889
At 09 July 23	-	-

4.	Creditors: amounts due within one year

		2024
		£
	Taxation and social security	4,817
	Other creditors	5,825
	Total	10,642

5.	Creditors: amounts due after one year

		2024
		£
	Convertible loans	80,000
	Total	80,000


	Included in Other Creditors is a Convertible Loan totalling £80,000 which is expected to convert to Equity in a future accounting period following an Equity funding round.