REGISTERED NUMBER: 14739240 (England and Wales)

Financial Statements for the Period 1 April 2024 to 31 December 2024

for

Pro Lining Solutions Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

S O Tucker

M I Douglas

G B Daykin

REGISTERED OFFICE:

Unit 8

Overland Park

Gelderd Road

Leeds

West Yorkshire

LS27 7FE

REGISTERED NUMBER:

14739240 (England and Wales)

SENIOR STATUTORY AUDITOR:

Andrew Wilkinson FCA

AUDITORS:

Malcolm Jones & Co Limited

Statutory Auditors

Accountants and Business Advisers

West Hill House

Allerton Hill

Chapel Allerton

Leeds

West Yorkshire

LS7 3QB

FIXED ASSETS

Tangible assets

4

325,612

18,757

CURRENT ASSETS

Stocks

306,571

145,283

Debtors

5

398,756

438,014

Cash at bank

510,812

348,506

1,216,139

931,803

CREDITORS

Amounts falling due within one year

6

650,919

795,667

NET CURRENT ASSETS

565,220

136,136

TOTAL ASSETS LESS CURRENT LIABILITIES

890,832

154,893

CREDITORS

Amounts falling due after more than one year

7

(29,994

)

-

PROVISIONS FOR LIABILITIES

(60,720

)

(4,689

)

NET ASSETS

800,118

150,204

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

800,117

150,203

800,118

150,204

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 September 2025 and were signed on its behalf by:

G B Daykin - Director

1.	STATUTORY INFORMATION

Pro Lining Solutions Ltd 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of these is recognised by reference to the stage of completion of each individual contract.

Where the substance of a contract is that the contractual obligations are performed gradually over time, revenue is recognised as contract activity progresses to reflect the partial performance of out contractual obligations. The amount of revenue included reflects the accrual of the right to consideration as contract activity progresses by reference to the value of the work performed.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

25% on cost and 20% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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 period 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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

19,246

Additions

338,485

Disposals

(10,650

)

At 31 December 2024

347,081

DEPRECIATION

At 1 April 2024

489

Charge for period

22,756

Eliminated on disposal

(1,776

)

At 31 December 2024

21,469

NET BOOK VALUE

At 31 December 2024

325,612

At 31 March 2024

18,757

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

Additions

86,657

At 31 December 2024

86,657

DEPRECIATION

Charge for period

1,444

At 31 December 2024

1,444

NET BOOK VALUE

At 31 December 2024

85,213

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.3.24

£

£

Trade debtors

383,753

426,506

Other debtors

15,003

11,508

398,756

438,014

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.3.24

£

£

Hire purchase contracts

14,997

-

Trade creditors

365,859

499,378

Taxation and social security

249,982

64,108

Other creditors

20,081

232,181

650,919

795,667

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.3.24

£

£

Hire purchase contracts

29,994

-

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Andrew Wilkinson FCA (Senior Statutory Auditor)

for and on behalf of Malcolm Jones & Co Limited

9.	RELATED PARTY DISCLOSURES

Disclosure re parent undertaking:

Balances with parent undertaking: Creditor - Nil (March 2024 - £215,761).

10.	ULTIMATE CONTROLLING PARTY

The controlling party is IMS Robotics UK Limited.

The ultimate controlling party is IMS Verwaltungs GmbH.

The parent company for which group accounts are drawn up is IMS Verwaltungs GmbH of Am Bauhof 6, 01458 Ottendorf-Okrilla, Germany.