Company Registration No. 06415942 (England and Wales)
Pro-ferb Limited
Unaudited accounts
for the year ended 30 November 2024
Pro-ferb Limited
Unaudited accounts
Contents
Pro-ferb Limited
Company Information
for the year ended 30 November 2024
Director
Robert Lucas James Vant Hoogerhuijs
Company Number
06415942 (England and Wales)
Registered Office
1 Honeyhanger
Hindhead Road
Hindhead
Surrey
GU26 6BA
England
Pro-ferb Limited
Statement of financial position
as at 30 November 2024
Tangible assets
36,037
46,618
Cash at bank and in hand
27,797
40,459
Creditors: amounts falling due within one year
(72,727)
(76,516)
Net current assets/(liabilities)
1,736
(6,464)
Total assets less current liabilities
37,773
40,154
Creditors: amounts falling due after more than one year
(11,645)
(15,813)
Called up share capital
100
100
Profit and loss account
26,028
24,241
Shareholders' funds
26,128
24,341
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 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 28 August 2025 and were signed on its behalf by
Robert Lucas James Vant Hoogerhuijs
Director
Company Registration No. 06415942
Pro-ferb Limited
Notes to the Accounts
for the year ended 30 November 2024
Pro-ferb Limited is a private company, limited by shares, registered in England and Wales, registration number 06415942. The registered office is 1 Honeyhanger, Hindhead Road, Hindhead, Surrey, GU26 6BA, England.
Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the
goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery
of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract.
The stage of completion of a contract is measured by comparing the costs incurred for work performed to
date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses
when the outcome of a contract cannot be estimated reliably.
Tangible fixed assets and depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & machinery
30% On Straight Line
Motor vehicles
30% On Straight Line
Computer equipment
33% On Reducing Balance
Pro-ferb Limited
Notes to the Accounts
for the year ended 30 November 2024
Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the
rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting
period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred
tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects,
at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
Pro-ferb Limited
Notes to the Accounts
for the year ended 30 November 2024
3
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 December 2023
9,379
49,444
11,495
70,318
At 30 November 2024
9,379
49,444
13,969
72,792
At 1 December 2023
8,160
6,233
9,307
23,700
Charge for the year
1,219
10,803
1,033
13,055
At 30 November 2024
9,379
17,036
10,340
36,755
At 30 November 2024
-
32,408
3,629
36,037
At 30 November 2023
1,219
43,211
2,188
46,618
Work in progress
3,254
20,916
Amounts falling due within one year
Other debtors
28,313
8,676
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
3,333
-
Obligations under finance leases and hire purchase contracts
9,971
9,971
Trade creditors
1,989
7,214
Taxes and social security
42,848
52,565
Other creditors
14,586
6,766
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
7,477
15,813
Pro-ferb Limited
Notes to the Accounts
for the year ended 30 November 2024
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).