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REGISTERED NUMBER: 03109971 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2025

for

Proud Trade Limited

Proud Trade Limited (Registered number: 03109971)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Proud Trade Limited

Company Information
for the Year Ended 31 March 2025







DIRECTORS: A Jones
F E Jones





SECRETARY: Mrs P M Jones





REGISTERED OFFICE: Rest Harrow
Welland
Malvern
Worcestershire
WR13 6NQ





REGISTERED NUMBER: 03109971 (England and Wales)





ACCOUNTANTS: Garner & Co Limited
Rest Harrow
Welland
Malvern
WR13 6NQ

Proud Trade Limited (Registered number: 03109971)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £    £   
FIXED ASSETS
Investments 4 898,883 850,064

CURRENT ASSETS
Debtors 5 - 1,162
Cash at bank 22,474 44,426
22,474 45,588
CREDITORS
Amounts falling due within one year 6 2,000 2,100
NET CURRENT ASSETS 20,474 43,488
TOTAL ASSETS LESS CURRENT
LIABILITIES

919,357

893,552

CAPITAL AND RESERVES
Called up share capital 7 200 200
Retained earnings 919,157 893,352
SHAREHOLDERS' FUNDS 919,357 893,552

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

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

The directors acknowledge their 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.

Proud Trade Limited (Registered number: 03109971)

Balance Sheet - continued
31 March 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 Board of Directors and authorised for issue on 20 May 2025 and were signed on its behalf by:





A Jones - Director


Proud Trade Limited (Registered number: 03109971)

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

1. STATUTORY INFORMATION

Proud Trade 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.

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Investments
Changes in the fair value of fixed asset investments are in included in the profit and loss account.

3. EMPLOYEES AND DIRECTORS

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

Proud Trade Limited (Registered number: 03109971)

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

4. FIXED ASSET INVESTMENTS
Listed
investments
£   
COST
At 1 April 2024 767,386
Additions 290,844
Disposals (194,866 )
At 31 March 2025 863,364
PROVISIONS
At 1 April 2024 (82,678 )
Provision for year 47,159
At 31 March 2025 (35,519 )
NET BOOK VALUE
At 31 March 2025 898,883
At 31 March 2024 850,064

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Other debtors - 1,162

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Other creditors 2,000 2,100

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.25 31.3.24
value: £    £   
180 Ordinary A £1 180 180
20 Ordinary B £1 20 20
200 200