PROPONENT CAPITAL LTD

Company Registration Number:
14327384 (England and Wales)

Unaudited abridged accounts for the year ended 31 August 2024

Period of accounts

Start date: 01 September 2023

End date: 31 August 2024

PROPONENT CAPITAL LTD

Contents of the Financial Statements

for the Period Ended 31 August 2024

Balance sheet
Notes

PROPONENT CAPITAL LTD

Balance sheet

As at 31 August 2024


Notes

2024

2023


£

£
Fixed assets
Investments: 3 10,289 10,288
Total fixed assets: 10,289 10,288
Current assets
Debtors: 4 588,865 363,166
Cash at bank and in hand: 1,858 69,752
Total current assets: 590,723 432,918
Creditors: amounts falling due within one year: 5 (595,896) (480,000)
Net current assets (liabilities): (5,173) (47,082)
Total assets less current liabilities: 5,116 (36,794)
Total net assets (liabilities): 5,116 (36,794)
Capital and reserves
Called up share capital: 10 10
Profit and loss account: 5,106 (36,804)
Shareholders funds: 5,116 (36,794)

The notes form part of these financial statements

PROPONENT CAPITAL LTD

Balance sheet statements

For the year ending 31 August 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 24 June 2025
and signed on behalf of the board by:

Name: Jason Davies
Status: Director

The notes form part of these financial statements

PROPONENT CAPITAL LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Revenue Recognition Revenue is recognised when it is probable that the economic benefits associated with the transaction will flow to the company and the amount of revenue can be measured reliably. Revenue is measured at the fair value of the consideration received or receivable and is recognised when services are rendered or goods are delivered.

Other accounting policies

Investment in Subsidiaries Investments in subsidiaries are stated at cost less, where applicable, provision for impairment. The carrying value is reviewed annually, and impairment losses are recognised when the recoverable amount falls below the carrying amount. The company does not prepare consolidated financial statements on the grounds of small group exemption under Section 399 of the Companies Act 2006

PROPONENT CAPITAL LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

2. Employees

2024 2023
Average number of employees during the period 0 0

Directors and Employees No director received any remuneration during the year. The company had no employees during the reporting period.

PROPONENT CAPITAL LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

3. Fixed investments

Fixed investments represents 100% ownership of subsidiaries companies.

PROPONENT CAPITAL LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

4. Debtors

During the period, the company entered into transactions with its wholly owned subsidiaries, 1Proponent Capital Advisory Limited- outstanding Balance £488,000 2Bloom Services Capital Limited outstanding Balance £26,394 3Credo Capital Partners Lux GP1- SARL £74,471 These advances are unsecured, interest-free, and repayable on demand. The subsidiaries are related parties by virtue of being under common control.

PROPONENT CAPITAL LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

5. Creditors: amounts falling due within one year note

The Company has recieved the advance from investors for issuance of shares at a future date based on pre defined farmula. These shares have not been issued as of reporting date.

PROPONENT CAPITAL LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

6. Related party transactions

Name of the related party: Proponent Capital Advisory Limited
Relationship:
Subsidiary
Description of the Transaction: Short term advance, that carries no interest and has no predefinded maturity date can be repaybale on demand.
£
Balance at 01 September 2023 330,000
Balance at 31 August 2024 488,000
Name of the related party:
Relationship:
Subsidiary
Description of the Transaction: During the year company provided advance to its subsidiary .These advances are unsecured, interest-free, and repayable on demand.
£
Balance at 01 September 2023 32,874
Balance at 31 August 2024 74,471
Name of the related party:
Relationship:
Subsidiary
Description of the Transaction: Provided advances are unsecured, interest-free, and repayable on demand. The subsidiaries are related parties by virtue of being under common control
£
Balance at 01 September 2023 0
Balance at 31 August 2024 26,394