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Company Registration No. 13617257 (England and Wales)
Pros and Cons Ltd Unaudited accounts for the year ended 31 March 2025
Pros and Cons Ltd Unaudited accounts Contents
Page
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Pros and Cons Ltd Company Information for the year ended 31 March 2025
Director
C.A.J. Atkins
Company Number
13617257 (England and Wales)
Registered Office
20-22 Wenlock Road London N1 7GU ENGLAND
Accountants
Taxsense 203 West Street Fareham Hants PO16 0EN
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Pros and Cons Ltd Accountants' report
Accountants' report to the director of Pros and Cons Ltd on the preparation of the unaudited statutory accounts for the year ended 31 March 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Pros and Cons Ltd for the year ended 31 March 2025 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Pros and Cons Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Pros and Cons Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Pros and Cons Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Pros and Cons Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Pros and Cons Ltd. You consider that Pros and Cons Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Pros and Cons Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Taxsense 203 West Street Fareham Hants PO16 0EN 24 April 2025
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Pros and Cons Ltd Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
560 
747 
Current assets
Debtors
2,520 
20,000 
Cash at bank and in hand
34,892 
38,894 
37,412 
58,894 
Creditors: amounts falling due within one year
(33,378)
(40,413)
Net current assets
4,034 
18,481 
Net assets
4,594 
19,228 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
4,593 
19,227 
Shareholders' funds
4,594 
19,228 
For the year ending 31 March 2025 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 24 April 2025 and were signed on its behalf by
C.A.J. Atkins Director Company Registration No. 13617257
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Pros and Cons Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Pros and Cons Ltd is a private company, limited by shares, registered in England and Wales, registration number 13617257. The registered office is 20-22 Wenlock Road, London, N1 7GU, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% WDV
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 April 2024
1,418 
At 31 March 2025
1,418 
Depreciation
At 1 April 2024
671 
Charge for the year
187 
At 31 March 2025
858 
Net book value
At 31 March 2025
560 
At 31 March 2024
747 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
2,520 
20,000 
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Pros and Cons Ltd Notes to the Accounts for the year ended 31 March 2025
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Taxes and social security
5,378 
7,720 
Loans from directors
22,170 
21,735 
Accruals
5,830 
10,958 
33,378 
40,413 
7
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
C.A.J. Atkins
Director Loan Account
(21,735)
(1,892)
(1,457)
(22,170)
(21,735)
(1,892)
(1,457)
(22,170)
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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