REGISTERED NUMBER: 11228784 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Proven Sales Ltd

Previously known as

Org 3D Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

P Brzezinka

REGISTERED OFFICE:

Unit 4.2

20 Dale Street

Manachester

M1 1EZ

REGISTERED NUMBER:

11228784 (England and Wales)

ACCOUNTANTS:

Finoptus Consulting Limited

Office 1

Fairfield Business Park

Green Road

Penistone

South Yorkshire

S36 6FQ

FIXED ASSETS

Tangible assets

4

52,481

33,435

CURRENT ASSETS

Stocks

-

13,791

Debtors

5

108,720

227,466

Cash at bank

141,380

556,643

250,100

797,900

CREDITORS

Amounts falling due within one year

6

75,687

238,723

NET CURRENT ASSETS

174,413

559,177

TOTAL ASSETS LESS CURRENT LIABILITIES

226,894

592,612

CREDITORS

Amounts falling due after more than one year

7

(36,041

)

(58,333

)

PROVISIONS FOR LIABILITIES

(5,702

)

(7,864

)

NET ASSETS

185,151

526,415

CAPITAL AND RESERVES

Called up share capital

96

96

Capital redemption reserve

4

4

Retained earnings

185,051

526,315

185,151

526,415

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 3 June 2025 and were signed by:

P Brzezinka - Director

1.	STATUTORY INFORMATION

Proven Sales 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.

Tangible fixed assets

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

Freehold property - 10 years straight line

Leasehold Improvements - 5 years straight line

Motor Vehicles - 4 years straight line

Computer Equipment - 3 years straight line

Stocks

The company classifies cryptocurrencies held for trading purposes as inventory. Cryptocurrencies are initially measured at cost, including any directly attributable costs of acquisition. Subsequently, cryptocurrencies are

measured at the lower of cost and net realisable value. If the net realisable value is lower than the carrying

value, an impairment loss 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet balance sheetdate. 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.

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 year was 6 (2023 - 15 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Freehold

to

Motor

Computer

property

property

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 January 2024

8,483

44,478

-

6,436

59,397

Additions

-

-

27,400

2,197

29,597

At 31 December 2024

8,483

44,478

27,400

8,633

88,994

DEPRECIATION

At 1 January 2024

3,978

17,529

-

4,455

25,962

Charge for year

1,150

6,880

1,142

1,379

10,551

At 31 December 2024

5,128

24,409

1,142

5,834

36,513

NET BOOK VALUE

At 31 December 2024

3,355

20,069

26,258

2,799

52,481

At 31 December 2023

4,505

26,949

-

1,981

33,435

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

40,976

107,535

Other debtors

67,744

119,931

108,720

227,466

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

30,000

40,000

Hire purchase contracts (see note 8)

3,579

-

Trade creditors

17,609

31,036

Taxation and social security

10,090

88,301

Other creditors

14,409

79,386

75,687

238,723

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

12,500

58,333

Hire purchase contracts (see note 8)

23,541

-

36,041

58,333

8.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts

2024

2023

£

£

Net obligations repayable:

Within one year

3,579

-

Between one and five years

23,541

-

27,120

-

Non-cancellable operating

leases

2024

2023

£

£

Within one year

77,445

80,565

Between one and five years

57,247

133,571

134,692

214,136

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

2024

2023

£

£

P Brzezinka

Balance outstanding at start of year

-

-

Amounts advanced

1,085

-

Amounts repaid

(511

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

574

-