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REGISTERED NUMBER: 04522785 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

Prosperis Limited

Prosperis Limited (Registered number: 04522785)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Prosperis Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: Mr N J P D Gunn
Mr P C Meehan





SECRETARY: Mrs K F Gunn





REGISTERED OFFICE: First Floor
Unit 9 St James Business Park
Knaresborough
North Yorkshire
HG5 8QB





REGISTERED NUMBER: 04522785 (England and Wales)





ACCOUNTANTS: Harris & Co Limited
Chartered Accountants
Marland House
13 Huddersfield Road
Barnsley
South Yorkshire
S70 2LW

Prosperis Limited (Registered number: 04522785)

Balance Sheet
31 December 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Intangible assets 5 574,487 602,123
Tangible assets 6 38,771 14,835
613,258 616,958

CURRENT ASSETS
Debtors 7 1,054,394 966,705
Cash at bank and in hand 135,156 91,566
1,189,550 1,058,271
CREDITORS
Amounts falling due within one year 8 567,952 572,801
NET CURRENT ASSETS 621,598 485,470
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,234,856

1,102,428

CREDITORS
Amounts falling due after more than one
year

9

(55,561

)

(130,197

)

PROVISIONS FOR LIABILITIES (6,403 ) (791 )
NET ASSETS 1,172,892 971,440

CAPITAL AND RESERVES
Called up share capital 10 200,000 200,000
Retained earnings 972,892 771,440
SHAREHOLDERS' FUNDS 1,172,892 971,440

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.

Prosperis Limited (Registered number: 04522785)

Balance Sheet - continued
31 December 2024


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 30 May 2025 and were signed on its behalf by:





Mr N J P D Gunn - Director


Prosperis Limited (Registered number: 04522785)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Prosperis 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.

The presentation and functional currency of the financial statements is the Pound Sterling (£).

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared on a going concern basis under the historical cost convention.

Significant judgements and estimates
The principal accounting policies and significant judgements and estimates applied in the preparation of these financial statements are set out below. These policies, judgements and estimates have been consistently applied to all years presented unless otherwise stated.

Turnover
Turnover represents amounts earned on goods and services provided during the year and derives from the provision of goods and services falling within the company's ordinary activities.

Goodwill
Client lists, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of twenty years. Client lists, being the amount paid in connection with the acquisitions of businesses in 2016 and 2021, are being amortised evenly over their estimated useful lives of ten years.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - Over the life of the lease straight line
Plant and machinery - 25% on cost straight line
Motor vehicles - Between 20% & 25% on cost straight line

All fixed assets are initially recorded at cost.

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.


Prosperis Limited (Registered number: 04522785)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

3. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2023 - 19 ) .

5. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2024 1,042,135
Additions 62,100
At 31 December 2024 1,104,235
AMORTISATION
At 1 January 2024 440,012
Charge for year 89,736
At 31 December 2024 529,748
NET BOOK VALUE
At 31 December 2024 574,487
At 31 December 2023 602,123

Prosperis Limited (Registered number: 04522785)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

6. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 January 2024 5,469 49,670 55,139
Additions - 84,200 84,200
Disposals - (73,900 ) (73,900 )
At 31 December 2024 5,469 59,970 65,439
DEPRECIATION
At 1 January 2024 5,469 34,835 40,304
Charge for year - 26,264 26,264
Eliminated on disposal - (39,900 ) (39,900 )
At 31 December 2024 5,469 21,199 26,668
NET BOOK VALUE
At 31 December 2024 - 38,771 38,771
At 31 December 2023 - 14,835 14,835

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 174,263 126,815
Amounts owed by group undertakings 792,843 750,843
Other debtors 87,288 89,047
1,054,394 966,705

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 96,838 92,124
Hire purchase contracts 2,314 -
Trade creditors 38,373 74,353
Amounts owed to group undertakings 98,200 100,000
Taxation and social security 176,973 129,711
Other creditors 155,254 176,613
567,952 572,801

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 33,362 130,197
Hire purchase contracts 22,199 -
55,561 130,197

Prosperis Limited (Registered number: 04522785)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
106,000 Ordinary A £1 106,000 106,000
94,000 Ordinary B £1 94,000 94,000
200,000 200,000