REGISTERED NUMBER: 10571983 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 JANUARY 2025

FOR

PROCESS360 LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr V R Jinka

Mr S Khan

Mr S A Qadir

REGISTERED OFFICE:

6 Sutton Plaza

Sutton Court Rd

Sutton

SM1 4FS

REGISTERED NUMBER:

10571983 (England and Wales)

ACCOUNTANTS:

Workwell People Solutions Limited

4th Floor

Radius House

51 Clarendon Road

Watford

Hertfordshire

WD17 1HP

FIXED ASSETS

Tangible assets

5

278

855

CURRENT ASSETS

Debtors

6

16,089

72,546

Cash at bank

427,627

293,765

443,716

366,311

CREDITORS

Amounts falling due within one year

7

205,921

210,149

NET CURRENT ASSETS

237,795

156,162

TOTAL ASSETS LESS CURRENT LIABILITIES

238,073

157,017

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

237,973

156,917

SHAREHOLDERS' FUNDS

238,073

157,017

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 19 September 2025 and were signed on its behalf by:

Mr V R Jinka - Director

1.	STATUTORY INFORMATION

Process360 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

33% on cost

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 5 ) .

5.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 February 2024

and 31 January 2025

4,144

DEPRECIATION

At 1 February 2024

3,289

Charge for year

577

At 31 January 2025

3,866

NET BOOK VALUE

At 31 January 2025

278

At 31 January 2024

855

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

11,160

39,754

Other debtors

2,129

1,624

PAYE Repayable

-

696

Tax

-

14,312

Prepayments and accrued income

2,800

16,160

16,089

72,546

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

3,932

54,967

Corporation Tax

79,874

-

PAYE/NI

2,251

-

VAT

26,227

24,301

Other Creditors

2,159

1,197

Directors' current accounts

91,478

129,524

Accruals and deferred income

-

160

205,921

210,149

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 January 2025 and 31 January 2024:

2025

2024

£

£

Mr V R Jinka

Balance outstanding at start of year

-

(1,289

)

Amounts advanced

17,914

21,694

Amounts repaid

(18,226

)

(20,405

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(312

)

-

Mr S Khan

Balance outstanding at start of year

(24

)

(1,697

)

Amounts advanced

19,426

24,307

Amounts repaid

(21,068

)

(22,634

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(1,666

)

(24

)

Mr S A Qadir

Balance outstanding at start of year

(129,500

)

(129,500

)

Amounts advanced

40,000

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(89,500

)

(129,500

)