PROSPECT FINANCE LTD

Company Registration Number:
15897983 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2025

Period of accounts

Start date: 14 August 2024

End date: 31 March 2025

PROSPECT FINANCE LTD

Contents of the Financial Statements

for the Period Ended 31 March 2025

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

PROSPECT FINANCE LTD

Company Information

for the Period Ended 31 March 2025




Registered office: 10
Prospect Road
Birmingham
England
B13 9TB
Company Registration Number: 15897983 (England and Wales)

PROSPECT FINANCE LTD

Balance sheet

As at 31 March 2025


Notes
8 months to
31 Mar 2025
£
Fixed assets
Total fixed assets: -
Current assets
Debtors: 4 20,067
Cash at bank and in hand: 11,763
Total current assets: 31,830
Creditors: amounts falling due within one year: 5 ( 18,757 )
Net current assets (liabilities): 13,073
Total assets less current liabilities: 13,073
Provision for liabilities: ( 12,858 )
Total net assets (liabilities): 215

The notes form part of these financial statements

PROSPECT FINANCE LTD

Balance sheet continued

As at 31 March 2025


Notes
8 months to
31 Mar 2025
£
Capital and reserves
Called up share capital: 1
Profit and loss account: 214
Shareholders funds: 215

For the year ending 31 March 2025 the company was entitled to exemption 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 9 May 2025
And Signed On Behalf Of The Board By:

Name: Will Kirkpatrick
Status: Director

The notes form part of these financial statements

PROSPECT FINANCE LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

PROSPECT FINANCE LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 2. Employees

    8 months to
    31 Mar 2025
    Average number of employees during the period 1

PROSPECT FINANCE LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 3. Off balance sheet disclosure

    No

PROSPECT FINANCE LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Debtors

8 months to
31 Mar 2025
£
Trade debtors 15,750
Other debtors 4,317
Total 20,067

PROSPECT FINANCE LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

5.Creditors: amounts falling due within one year note

8 months to
31 Mar 2025
£
Taxation and social security 4,289
Other creditors 14,468
Total 18,757