REGISTERED NUMBER: 04418477 (England and Wales)

PROLOJIK LIMITED

FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

A Rodrigo

D E Y King

A M D Lester

REGISTERED OFFICE:

Marston House

5 Elmdon Lane

Marston Green

Solihull

West Midlands

B37 7DL

BUSINESS ADDRESS:

Perspective House

7, Cliveden Office Village

Lancaster Road

High Wycombe

Buckinghamshire

HP12 3YZ

REGISTERED NUMBER:

04418477 (England and Wales)

AUDITORS:

Sephton & Company LLP

Chartered Certified Accountants

Statutory Auditors

Marston House

5 Elmdon Lane

Marston Green

Solihull

West Midlands

B37 7DL

FIXED ASSETS

Tangible assets

4

112,925

117,547

CURRENT ASSETS

Stocks

798,233

1,019,323

Debtors

5

1,087,307

1,000,033

Cash at bank

320,726

27,183

2,206,266

2,046,539

CREDITORS

Amounts falling due within one year

6

1,498,991

1,488,827

NET CURRENT ASSETS

707,275

557,712

TOTAL ASSETS LESS CURRENT LIABILITIES

820,200

675,259

CREDITORS

Amounts falling due after more than one year

7

(198,099

)

(174,823

)

PROVISIONS FOR LIABILITIES

(28,013

)

-

NET ASSETS

594,088

500,436

CAPITAL AND RESERVES

Called up share capital

32,791

35,113

Share premium

45,882

45,882

Capital redemption reserve

89,896

87,393

Retained earnings

425,519

332,048

SHAREHOLDERS' FUNDS

594,088

500,436

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 18 September 2025 and were signed on its behalf by:

A Rodrigo - Director

1.	STATUTORY INFORMATION

Prolojik Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Significant judgements and estimates

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

Turnover

Turnover comprises the fair value of the consideration received or receivable for the sale of goods. Turnover is shown net of value added tax, sales returns, rebates and discounts.

The company recognises revenue at the point goods are despatched.

The company also provides after care, revenue is recognised at the point the service is performed.

Tangible fixed assets

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

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

25% 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.

When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to estimated selling price less costs to complete and sell and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stock is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, cash and bank balances and current asset investments. All such instruments are measured initially and subsequently at the transaction price.

At the end of each reporting period debt financial assets are assessed for impairment, and their carrying value reduced is necessary. Any impairment is recognised in the profit and loss account.

Taxation

Taxation for the year 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 year 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.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

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.

Provisions

A provision is recognised in the balance sheet when the Company has a present legal or constructive obligation as a result of a past event, that can be reliably measured and it is probable that an outflow of economic benefits will be required to settle the obligation.

The company recognises a warranty provision. A provision is recognised for the expected cost of warranty claims based on past experience of the level of actual warranty claims received.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 42 (2024 - 38 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 July 2024

242,050

53,397

91,719

387,166

Additions

-

2,658

18,262

20,920

At 30 June 2025

242,050

56,055

109,981

408,086

DEPRECIATION

At 1 July 2024

155,380

32,443

81,796

269,619

Charge for year

12,957

3,528

9,057

25,542

At 30 June 2025

168,337

35,971

90,853

295,161

NET BOOK VALUE

At 30 June 2025

73,713

20,084

19,128

112,925

At 30 June 2024

86,670

20,954

9,923

117,547

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/6/25

30/6/24

£

£

Trade debtors

907,470

862,754

Other debtors

179,837

137,279

1,087,307

1,000,033

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/6/25

30/6/24

£

£

Bank loans and overdrafts

253,812

460,765

Trade creditors

493,461

454,276

Taxation and social security

310,498

284,832

Other creditors

441,220

288,954

1,498,991

1,488,827

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30/6/25

30/6/24

£

£

Bank loans

198,099

174,823

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

30/6/25

30/6/24

£

£

Within one year

101,194

98,952

Between one and five years

142,065

214,312

243,259

313,264

9.	SECURED DEBTS

The following secured debts are included within creditors:

30/6/25

30/6/24

£

£

Bank loans

277,083

285,537

HSBC Bank PLC hold fixed and floating charges over the assets of the company to the extent of any borrowings.

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

The Report of the Auditors was unqualified.

Darren Paul Carter (Senior Statutory Auditor)

for and on behalf of Sephton & Company LLP