1 false false false false false false false false false false true false false false false false false No description of principal activity 2023-08-11 Sage Accounts Production Advanced 2024 - FRS102_2024 1,653 1,653 154 154 1,499 xbrli:pure xbrli:shares iso4217:GBP 15065950 2023-08-11 2024-08-31 15065950 2024-08-31 15065950 2023-08-10 15065950 core:FurnitureFittings 2023-08-11 2024-08-31 15065950 bus:Director1 2023-08-11 2024-08-31 15065950 core:FurnitureFittings 2024-08-31 15065950 core:WithinOneYear 2024-08-31 15065950 core:ShareCapital 2024-08-31 15065950 core:RetainedEarningsAccumulatedLosses 2024-08-31 15065950 bus:SmallEntities 2023-08-11 2024-08-31 15065950 bus:AuditExemptWithAccountantsReport 2023-08-11 2024-08-31 15065950 bus:SmallCompaniesRegimeForAccounts 2023-08-11 2024-08-31 15065950 bus:PrivateLimitedCompanyLtd 2023-08-11 2024-08-31 15065950 bus:FullAccounts 2023-08-11 2024-08-31
COMPANY REGISTRATION NUMBER: 15065950
Protevan Limited
Filleted Unaudited Financial Statements
31 August 2024
Protevan Limited
Financial Statements
Period from 11 August 2023 to 31 August 2024
Contents
Page
Balance sheet
1
Notes to the financial statements
3
Protevan Limited
Balance Sheet
31 August 2024
31 Aug 24
Note
£
£
Fixed assets
Tangible assets
5
1,499
Current assets
Debtors
6
8,374
Cash at bank and in hand
11,168
--------
19,542
Creditors: amounts falling due within one year
7
17,868
--------
Net current assets
1,674
-------
Total assets less current liabilities
3,173
Provisions
Taxation including deferred tax
( 375)
-------
Net assets
2,798
-------
Protevan Limited
Balance Sheet (continued)
31 August 2024
31 Aug 24
Note
£
£
Capital and reserves
Called up share capital
100
Profit and loss account
2,698
-------
Shareholders funds
2,798
-------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the profit and loss account has not been delivered.
For the period ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 10 April 2025 , and are signed on behalf of the board by:
Mr M Cromarty
Director
Company registration number: 15065950
Protevan Limited
Notes to the Financial Statements
Period from 11 August 2023 to 31 August 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 6 Corunna Court, Corunna Road, Warwick, CV34 5HQ.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis and in sterling, which is the functional currency of the entity.
Judgements and key sources of estimation uncertainty
All significant judgements applied in preparing the financial statements are disclosed in the accounting policies. No material estimates have been applied.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Current tax is recognised on taxable profit for the current and past periods. Deferred tax is recognised in respect of all timing differences at the reporting date.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fixtures and fittings
-
25% straight line
4. Employee numbers
The average number of persons employed by the company during the period amounted to 1 .
5. Tangible assets
Fixtures and fittings
£
Cost
At 11 August 2023
Additions
1,653
-------
At 31 August 2024
1,653
-------
Depreciation
At 11 August 2023
Charge for the period
154
-------
At 31 August 2024
154
-------
Carrying amount
At 31 August 2024
1,499
-------
6. Debtors
31 Aug 24
£
Trade debtors
5,600
Other debtors
2,774
-------
8,374
-------
7. Creditors: amounts falling due within one year
31 Aug 24
£
Corporation tax
14,935
Social security and other taxes
758
Other creditors
2,175
--------
17,868
--------
8. Directors' advances, credits and guarantees
During the period, the directors had interest-free, repayable on demand loans with the company. At the end of the period the directors were owed £425.