1 December 2023 false No description of principal activity Taxfiler 2024.6 15315267business:PrivateLimitedCompanyLtd2023-12-012024-11-30 153152672023-11-30 153152672023-12-012024-11-30 15315267business:AuditExempt-NoAccountantsReport2023-12-012024-11-30 15315267business:FilletedAccounts2023-12-012024-11-30 153152672024-11-30 15315267business:Director12023-12-012024-11-30 15315267business:Director22023-12-012024-11-30 15315267business:RegisteredOffice2023-12-012024-11-30 15315267core:WithinOneYear2024-11-30 15315267core:AfterOneYear2024-11-30 15315267core:ShareCapitalcore:PreviouslyStatedAmount2024-11-30 15315267core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-11-30 15315267core:PreviouslyStatedAmount2024-11-30 15315267business:SmallEntities2023-12-012024-11-30 15315267countries:EnglandWales2023-12-012024-11-30 15315267core:LandBuildings2023-11-30 15315267core:PlantMachinery2023-11-30 15315267core:LandBuildings2023-12-012024-11-30 15315267core:PlantMachinery2023-12-012024-11-30 15315267core:LandBuildings2024-11-30 15315267core:PlantMachinery2024-11-30 iso4217:GBP xbrli:pure
Company Registration No. 15315267 (England and Wales)
PROSPECT 2024 LTD Unaudited accounts for the year ended 30 November 2024
PROSPECT 2024 LTD Unaudited accounts Contents
Page
- 2 -
PROSPECT 2024 LTD Company Information for the year ended 30 November 2024
Directors
Zahid Iqbal Furzana Iqbal
Company Number
15315267 (England and Wales)
Registered Office
The Ridings Shopping Centre Almshouse Lane Wakefield WF1 1DS England
Accountants
HD Accountancy Services Ltd St. Peters Chambers 2-4 Primitive Street Huddersfield West Yorkshire HD1 1QZ
- 3 -
PROSPECT 2024 LTD Statement of financial position as at 30 November 2024
2024 
Notes
£ 
Fixed assets
Tangible assets
4,822,210 
Investment property
49,350 
4,871,560 
Current assets
Debtors
432,768 
Cash at bank and in hand
43,784 
476,552 
Creditors: amounts falling due within one year
(364,816)
Net current assets
111,736 
Total assets less current liabilities
4,983,296 
Creditors: amounts falling due after more than one year
(4,587,901)
Net assets
395,395 
Capital and reserves
Called up share capital
100 
Profit and loss account
395,295 
Shareholders' funds
395,395 
For the year ending 30 November 2024 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 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 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 of Directors and authorised for issue on 3 June 2025 and were signed on its behalf by
Zahid Iqbal Director Company Registration No. 15315267
- 4 -
PROSPECT 2024 LTD Notes to the Accounts for the year ended 30 November 2024
1
Statutory information
PROSPECT 2024 LTD is a private company, limited by shares, registered in England and Wales, registration number 15315267. The registered office is The Ridings Shopping Centre, Almshouse Lane, Wakefield, WF1 1DS, 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 been consistently applied within the same accounts.
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.
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:
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 December 2023
- 
- 
- 
Additions
4,415,483 
490,000 
4,905,483 
At 30 November 2024
4,415,483 
490,000 
4,905,483 
Depreciation
Charge for the year
- 
83,273 
83,273 
At 30 November 2024
- 
83,273 
83,273 
Net book value
At 30 November 2024
4,415,483 
406,727 
4,822,210 
5
Investment property
2024 
£ 
Additions
49,350 
At 30 November 2024
49,350 
6
Debtors
2024 
£ 
Amounts falling due within one year
Trade debtors
432,768 
- 5 -
PROSPECT 2024 LTD Notes to the Accounts for the year ended 30 November 2024
7
Creditors: amounts falling due within one year
2024 
£ 
VAT
95,170 
Trade creditors
23,965 
Deferred income
245,681 
364,816 
8
Creditors: amounts falling due after more than one year
2024 
£ 
Bank loans
4,492,128 
Other creditors
95,773 
4,587,901 
9
Average number of employees
During the year the average number of employees was 2.
- 6 -