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Company Registration No. 06969129 (England and Wales)
The Protection Specialist Limited Unaudited accounts for the year ended 30 December 2024
The Protection Specialist Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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The Protection Specialist Limited Company Information for the year ended 30 December 2024
Directors
Mark Jonathan Lance Victoria Hemmings
Company Number
06969129 (England and Wales)
Registered Office
FAIR TRADE HOUSE 3 WHITTLE AVENUE FAREHAM HAMPSHIRE PO15 5SH
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The Protection Specialist Limited Statement of financial position as at 30 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
33,288 
45,038 
Current assets
Debtors
5
98,195 
199,151 
Cash at bank and in hand
1,651,038 
1,564,630 
1,749,233 
1,763,781 
Creditors: amounts falling due within one year
6
(104,316)
278,906 
Net current assets
1,644,917 
2,042,687 
Total assets less current liabilities
1,678,205 
2,087,725 
Provisions for liabilities
Deferred tax
(8,323)
(11,260)
Net assets
1,669,882 
2,076,465 
Capital and reserves
Called up share capital
180 
180 
Capital redemption reserve
20 
20 
Profit and loss account
1,669,682 
2,076,265 
Shareholders' funds
1,669,882 
2,076,465 
For the year ending 30 December 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 4 September 2025 and were signed on its behalf by
Victoria Hemmings Director Company Registration No. 06969129
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The Protection Specialist Limited Notes to the Accounts for the year ended 30 December 2024
1
Statutory information
The Protection Specialist Limited is a private company, limited by shares, registered in England and Wales, registration number 06969129. The registered office is FAIR TRADE HOUSE, 3 WHITTLE AVENUE, FAREHAM, HAMPSHIRE, PO15 5SH.
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 remained unchanged from the previous year, and also 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: 20% Straight Line for Computer Equipment
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 31 December 2023
58,745 
At 30 December 2024
58,745 
Depreciation
At 31 December 2023
13,707 
Charge for the year
11,750 
At 30 December 2024
25,457 
Net book value
At 30 December 2024
33,288 
At 30 December 2023
45,038 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
4,577 
Trade debtors
80,449 
153,258 
Accrued income and prepayments
16,393 
38,515 
Other debtors
1,353 
2,801 
98,195 
199,151 
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The Protection Specialist Limited Notes to the Accounts for the year ended 30 December 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
44,835 
- 
Trade creditors
54,169 
(39,038)
Taxes and social security
1,974 
(303,628)
Other creditors
3,338 
2,017 
Accruals
- 
61,743 
104,316 
(278,906)
7
Transactions with related parties
The company is related to Your Mortgage People Limited as key management personnel from The Protection Specialist Limited have joint control of Your Mortgage People Limited. At the balance sheet date, Your Mortgage People Limited owed The Protection Specialist Limited £0 During the year The Protection Specialist Limited provided services to Your Mortgage People Limited amounting to £176,745, this was made on an arm's length basis.
8
Average number of employees
During the year the average number of employees was 6 (2023: 9).
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