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PROGRESSION FINANCE LIMITED
REGISTERED NUMBER: 09321819
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2024
Notes
Progression Finance Limited is a private limited company limited by share capital, incorporated in England and Wales, registration number 09321819. The address of the registered office is 55 Chislehurst Road, Chislehurst, Kent, United Kingdom, BR7 5NP.
Average number of employees
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The average monthly number of employees, including directors, during the year was 2 (2023 - 2).
Directors' benefits: advances, credits and guarantees
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At the balance sheet date is an amount owed by the director Daryl Thorpe of £1,239 (2023: £77,537 owed to) in the form of a loan. The loan is interest free and repayable on demand.
At the balance sheet date is an amount owed by the director Deborah Thorpe of £5,055 (2023: £79,569 owed to) in the form of a loan. The loan is interest free and repayable on demand.
Directors' confirmations
The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to entities subject to the micro-entities' regime.
The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and authorised for issue by the board and were signed on its behalf on 21 September 2025.
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Daryl Michael Thorpe
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