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REGISTERED NUMBER: 11173942 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2025

for

Procuremate Limited

Procuremate Limited (Registered number: 11173942)






Contents of the Financial Statements
for the Year Ended 31 January 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

Procuremate Limited

Company Information
for the Year Ended 31 January 2025







DIRECTOR: Mr I Hamilton





REGISTERED OFFICE: 3 Berrymoor Court
Northumberland Business Park
Cramlington
Northumberland
NE23 7RZ





REGISTERED NUMBER: 11173942 (England and Wales)





ACCOUNTANTS: AWS Accountancy Limited
3 Berrymoor Court
Northumberland Business Park
Cramlington
Northumberland
NE23 7RZ

Procuremate Limited (Registered number: 11173942)

Balance Sheet
31 January 2025

31.1.25 31.1.24
Notes £ £ £
FIXED ASSETS
Intangible assets 4 10,579 12,446
Tangible assets 5 253 298
10,832 12,744

CURRENT ASSETS
Debtors 6 3,328 18,967
Cash at bank and in hand 2,415 120
5,743 19,087
CREDITORS
Amounts falling due within one year 7 6,272 5,687
NET CURRENT (LIABILITIES)/ASSETS (529 ) 13,400
TOTAL ASSETS LESS CURRENT
LIABILITIES

10,303

26,144

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 10,302 26,143
SHAREHOLDERS' FUNDS 10,303 26,144

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Procuremate Limited (Registered number: 11173942)

Balance Sheet - continued
31 January 2025


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 May 2025 and were signed by:





Mr I Hamilton - Director


Procuremate Limited (Registered number: 11173942)

Notes to the Financial Statements
for the Year Ended 31 January 2025

1. STATUTORY INFORMATION

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

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. fter initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs - 15% reducing balance

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 15% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

Procuremate Limited (Registered number: 11173942)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

4. INTANGIBLE FIXED ASSETS
Development
costs
£
COST
At 1 February 2024
and 31 January 2025 33,000
AMORTISATION
At 1 February 2024 20,554
Amortisation for year 1,867
At 31 January 2025 22,421
NET BOOK VALUE
At 31 January 2025 10,579
At 31 January 2024 12,446

5. TANGIBLE FIXED ASSETS
Computer
equipment
£
COST
At 1 February 2024
and 31 January 2025 790
DEPRECIATION
At 1 February 2024 492
Charge for year 45
At 31 January 2025 537
NET BOOK VALUE
At 31 January 2025 253
At 31 January 2024 298

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£ £
Trade debtors - 131
Directors' loan accounts 2,948 18,836
VAT 380 -
3,328 18,967

Procuremate Limited (Registered number: 11173942)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£ £
Bank loans and overdrafts 23 73
Trade creditors 555 -
Tax 5,020 3,743
Social security and other taxes 74 393
VAT - 979
Accrued expenses 600 499
6,272 5,687

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2025 and 31 January 2024:

31.1.25 31.1.24
£ £
Mr I Hamilton
Balance outstanding at start of year 18,836 5,822
Amounts advanced 20,718 32,280
Amounts repaid (36,606 ) (19,266 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 2,948 18,836

Procuremate Limited

Report of the Accountants to the Director of
Procuremate Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 January 2025 set out on pages one to six and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






AWS Accountancy Limited
3 Berrymoor Court
Northumberland Business Park
Cramlington
Northumberland
NE23 7RZ


15 May 2025