REGISTERED NUMBER: 13997796 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Prodo Social Software Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs P C Adams

D R Adams

REGISTERED OFFICE:

The Stables Little Heath Road

Littleton

Chester

Cheshire

CH3 7DW

REGISTERED NUMBER:

13997796 (England and Wales)

FIXED ASSETS

Intangible assets

4

6,155

7,230

Tangible assets

5

90,238

151,476

96,393

158,706

CURRENT ASSETS

Debtors

6

408,715

448,580

Cash at bank

84,923

186,031

493,638

634,611

CREDITORS

Amounts falling due within one year

7

463,132

829,433

NET CURRENT ASSETS/(LIABILITIES)

30,506

(194,822

)

TOTAL ASSETS LESS CURRENT LIABILITIES

126,899

(36,116

)

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

126,898

(36,117

)

126,899

(36,116

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 February 2025 and were signed on its behalf by:

D R Adams - Director

1.	STATUTORY INFORMATION

Prodo Social Software Ltd 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.

The financial statements are presented in sterling which is the functional currency of the company, rounded to the nearest £1.

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

Computer software is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost and 25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 30 (2023 - 28 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 January 2024

and 31 December 2024

7,874

AMORTISATION

At 1 January 2024

644

Charge for year

1,075

At 31 December 2024

1,719

NET BOOK VALUE

At 31 December 2024

6,155

At 31 December 2023

7,230

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2024

48,999

142,150

191,149

Additions

-

557

557

Disposals

-

(44,166

)

(44,166

)

At 31 December 2024

48,999

98,541

147,540

DEPRECIATION

At 1 January 2024

9,416

30,257

39,673

Charge for year

15,731

1,898

17,629

At 31 December 2024

25,147

32,155

57,302

NET BOOK VALUE

At 31 December 2024

23,852

66,386

90,238

At 31 December 2023

39,583

111,893

151,476

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

150,256

147,166

Amounts owed by associates

187,896

216,203

Other debtors

70,563

85,211

408,715

448,580

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

17,867

21,485

Trade creditors

61,374

48,062

Taxation and social security

135,723

186,950

Other creditors

248,168

572,936

463,132

829,433