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Prosody Limited Unaudited accounts Contents
Page
Company information
2
Statement of financial position
3
Notes to the accounts
4
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Prosody Limited Company Information for the year ended 30 June 2025
Directors
Fintan Lismore FCA Walter Lismore
Secretary
Fintan Lismore FCA
Company Number
NI027774 (Northern Ireland)
Registered Office
11 Kilmakee Road Templepatrick Co Antrim BT39 0EP
Accountants
Huston & Co 13 Cabin Hill Gardens Ballycloghan BELFAST Co Down BT5 7AP
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Prosody Limited Statement of financial position as at 30 June 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
299,898 
308,734 
Current assets
Debtors
4,634 
4,634 
Cash at bank and in hand
13,854 
8,946 
18,488 
13,580 
Creditors: amounts falling due within one year
(278,608)
(298,108)
Net current liabilities
(260,120)
(284,528)
Net assets
39,778 
24,206 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
39,776 
24,204 
Shareholders' funds
39,778 
24,206 
For the year ending 30 June 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 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 the year in accordance with Section 444(2A).
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 31 August 2025 and were signed on its behalf by
Walter Lismore Director Company Registration No. NI027774
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Prosody Limited Notes to the Accounts for the year ended 30 June 2025
1
Statutory information
Prosody Limited is a private company, limited by shares, registered in Northern Ireland, registration number NI027774. The registered office is 11 Kilmakee Road, Templepatrick, Co Antrim, BT39 0EP.
2
Compliance with accounting standards
For the year ending 30 June 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. These accounts have been prepared 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.
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.
Accounting policies
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. Accounting policies These financial statements for the year ended 30 June 2025 comply with FRS 102 Section 1A Small Entities. The date of transition is 1 July 2016. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below. 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.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents amounts received in respect of charges for office services and is stated net of value added tax.
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:
Land & buildings
2% straight line
Plant & machinery
25% straight line
Fixtures & fittings
25% straight line
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Prosody Limited Notes to the Accounts for the year ended 30 June 2025
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 July 2024
515,931 
Revaluations
1,083 
At 30 June 2025
517,014 
Depreciation
At 1 July 2024
207,197 
Charge for the year
9,919 
At 30 June 2025
217,116 
Net book value
At 30 June 2025
299,898 
At 30 June 2024
308,734 
5
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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