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Registered number:
FOR THE FINANCIAL YEAR 31 DECEMBER 2024
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PRO-FORCE LIMITED
COMPANY INFORMATION
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PRO-FORCE LIMITED
CONTENTS
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PRO-FORCE LIMITED
STRATEGIC REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
The directors' present this strategic report accompanying the financial statements for the period ended 31 December 2024.
The company is very pleased to report a strong set of results this year which have built upon the previous consolidation process noted in last years strategic report. This solid foundation has enabled the company to increase its revenue by 13% which coupled with costs savings has generated an increase gross profit margin from 9.1% to 9.5%.
The directors are pleased to report that the EBITDA of the company has increased from £3.07m to £4.5m with further growth expected in the year ended 31 December 2025. The company continues to invest in its own internal training to ensure the highest standards are maintained and has continued it's expansion through organic growth. The outlook for the company is stronger than ever and now that the consolidation process has been achieved the next target will be to gain a greater market share and continue to increase turnover again.
The key business risks and uncertainties affecting the company relate to the performance of the agricultural industry and harvests, the UK economy, and the availability of workers. Due to the reliance on the EU labour workforce by the company the directors consider the vote for the UK to leave the EU still to be a significant risk. In order to combat this the company and the directors are lobbying to ensure the access to the EU labour workforce is not adversely affected in the coming years. Other key risks are:
Price risk The company operates in a competitive market. If the company does not remain competitive in its pricing retaining and obtaining customers becomes challenging. Currency risk The performance of the pound can make it more or less attractive for workers to come from overseas to the United Kingdom to work. Credit risk The principal credit risk for the company arises from trade debtors and the company manages closely its exposure to bad debts by setting strong credit control and credit checks for new accounts. The company also has credit insurance in place. Liquidity risk The company seeks to manage financial risk by ensuring sufficient liquidity is available to meet foreseeable needs and to invest cash assets safely and profitably. The company policy throughout the year has been to hold cash balances in readily accessible cash deposits.
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PRO-FORCE LIMITED
STRATEGIC REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Given the straight forward nature of the business the directors are of the opinion that analysis using KPI's is not necessary for an understanding of the development, performance or position of the business.
The directors of the company, as those of all UK companies, must act in accordance with a set of general duties. These duties are detailed in section 172 of the UK Companies Act 2006 which is summarised below:
A director of a company must act in the way he/she considers, in good faith, would be most likely to promote the success of the company for the benefit of its members as a whole, and in doing so have regard (amongst other matters) to: 1. The likely consequences of any decision in the long term 2. The interests of the company's employees 3. The need to foster the company's business relationships with suppliers, customers and others 4. The impact of the company's operations on the community and the environment 5. The desirability of the company maintaining a reputation for high standards of business conduct, and 6. The need to act fairly as between members of the company. Each director of the company is aware of their obligations on the above and can seek professional advice from an independent advisor as necessary. As a company with a significant workforce the company’s directors invariably delegate day to day decision making to employees of the company. In discharging our duties we have regard for other factors such as the interests and views of our parent company in any decision making process. We therefore aim to ensure that our decisions support the group’s purpose, vision and values as well as promoting the success of Pro-Force. The Board uses its regular meetings as a mechanism to address and meet its obligations under Section 172 of the Companies Act 2006 at which point the stakeholders of the company are discussed. In the directors' opinion the employees and the customer base represent the key stakeholders and the means of engagement have been detailed below: Employees - The company as noted in the directors' report has a number of policies on its engagement with employees but also prides itself on its recruitment policies to ensure equal opportunities and safe recruitment. Further details on these policies can be found on the company's website. Customers – Our employees and managers are onsite on a daily basis and interact with our customers to fulfil our customers' requirements. All of our staff uphold our key values as noted on our website and adhere to our Ethical Trading Policy Statement. The company also operates a zero-tolerance approach to modern slavery and human trafficking. The company is committed to acting ethically and with integrity in all of our business relations. We work closely with our business partners, suppliers and supply chains to ensure there is no place for modern slavery and human trafficking.
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PRO-FORCE LIMITED
STRATEGIC REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
This report was approved by the board on 26 September 2025 and signed on its behalf.
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PRO-FORCE LIMITED
DIRECTORS' REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
The directors present their report and the financial statements for the year ended 31 December 2024.
The directors are responsible for preparing the Strategic report, the Directors' report and the financial statements in accordance with applicable law and regulations.
In preparing these financial statements, the directors are required to:
∙select suitable accounting policies for the company's financial statements and then apply them consistently;
∙make judgments and accounting estimates that are reasonable and prudent;
∙state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;
∙prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The profit for the year, after taxation, amounted to £2,893,140 (2023 - £1,936,652).
During the year the company paid dividends of £nil (2023: £nil).
The directors who served during the year were:
The company will seek to minimise adverse impacts on the environment from its activities, whilst continuing to address health, safety and economic issues. The company has complied with all applicable legislation and regulations.
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PRO-FORCE LIMITED
DIRECTORS' REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
The company plans to continue with its principal activity in the future and continues to look for various opportunities both organic and through acquisitions. The directors are not aware of any future developments of note.
The company takes employee involvement and engagement seriously and continues to hold regular meetings whereby chosen worker representatives meet with the management team to discuss concerns that they have.
The company’s policy is to recruit disabled workers for those vacancies it is able to fill. All necessary assistance with initial training courses is given. Once employed, a career plan is developed so as to ensure suitable opportunities for development exist. Arrangements are made wherever possible for retraining employees who become disabled, to enable them to perform work identified as appropriate to their aptitudes and abilities.
Pro-Force Limited recognises that its commercial activities have the potential to impact its customers, suppliers and the environment. As a socially responsible business, our customers, suppliers, clients and the local community, have a right to expect a certain level of service which we take very seriously. We have published an extensive Ethical Trading policy on our website that can be found at https://pro-force.co .uk/our-evidence/.
The company has not disclosed information in respect of greenhouse gas emissions, energy consumption and
energy efficiency action as the required disclosures are made in the consolidated accounts prepared by the company's ultimate parent Greosn Limited a company registered in England and Wales. These accounts are available from Companies House.
The company does not not apply a specific corporate governance code such as Wates Corporate Governance Principles as this is currently a voluntary requirement. Instead the company relies on exisiting principles and is run and managed by the board of directors and shareholders, the company has various policies governing safe and ethical working practices as documented on the company website.
There have been no significant events affecting the company since the year end.
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PRO-FORCE LIMITED
DIRECTORS' REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
The auditors, Kreston Reeves LLP, will be proposed for reappointment in accordance with section 485 of the Companies Act 2006.
This report was approved by the board on
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PRO-FORCE LIMITED
INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF PRO-FORCE LIMITED
We have audited the financial statements of Pro-Force Limited (the 'company') for the period ended 31 December 2024, which comprise the Statement of comprehensive income, the Balance sheet, the Statement of changes in equity and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Standard and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.
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PRO-FORCE LIMITED
INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF PRO-FORCE LIMITED (CONTINUED)
The other information comprises the information included in the Annual Report other than the financial statements and our Auditors' report thereon. The directors are responsible for the other information contained within the Annual Report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
In our opinion, based on the work undertaken in the course of the audit:
∙the information given in the Strategic report and the Directors' report for the financial period for which the financial statements are prepared is consistent with the financial statements; and
∙the Strategic report and the Directors' report have been prepared in accordance with applicable legal requirements.
In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic report or the Directors' report.
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PRO-FORCE LIMITED
INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF PRO-FORCE LIMITED (CONTINUED)
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditors' report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
The objectives of our audit are to identify and assess the risks of material misstatement of the financial statements due to fraud or error; to obtain sufficient appropriate audit evidence regarding the assessed risks of material misstatement due to fraud or error; and to respond appropriately to those risks. Based on our understanding of the company and industry, and through discussion with the directors and other management (as required by auditing standards), we identified that the principal risks of non-compliance with laws and regulations related to health and safety, and employment law. We considered the extent to which non-compliance might have a material effect on the financial statements. We also considered those laws and regulations that have a direct impact on the preparation of the financial statements. We communicated identified laws and regulations throughout our team and remained alert to any indications of non-compliance throughout the audit. We evaluated management’s incentives and opportunities for fraudulent manipulation of the financial statements (including the risk of override of controls), and determined that the principal risks were related to management override or bias through the posting of inappropriate journal entries and through duplicate or falsified employees. Audit procedures performed by the engagement team and component auditors included: • Discussions with management and assessment of known or suspected instances of non-compliance with laws and regulations (including health and safety) and fraud, and review of the reports made by management; and • Assessment of identified fraud risk factors; and • Identifying and assessing the design effectiveness of controls that management has in place to prevent and detect fraud; and • Checking and reperforming the reconciliation of key control accounts; and • Performing analytical procedures to identify any unusual or unexpected relationships, including related party transactions, that may indicate risks of material misstatement due to fraud; and • Confirmation of related parties with management, and review of transactions throughout the period to identify any previously undisclosed transactions with related parties outside the normal course of business; and • Review of significant and unusual transactions and evaluation of the underlying financial rationale supporting the transactions; and • Identifying and testing journal entries, in particular any manual entries made at the year end for financial statement preparation; and • Substantive testing of payroll records, ensuring national minimum wage requirements have been complied with and employees are not falsified or duplicated; and • Substantive testing of the valuation of trade debtors by tracing to post year-end receipts.
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PRO-FORCE LIMITED
INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF PRO-FORCE LIMITED (CONTINUED)
Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. As part of an audit in accordance with ISAs (UK), we exercise professional judgment and maintain professional scepticism throughout the audit. We also: • Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control. • Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion of the effectiveness of the Company's internal control. • Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the directors. • Conclude on the appropriateness of the directors' use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Company's ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our Auditors' report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our Auditors' report. However, future events or conditions may cause the Company to cease to continue as a going concern. • Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation. We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our Auditors' report.
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PRO-FORCE LIMITED
INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF PRO-FORCE LIMITED (CONTINUED)
This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in an Auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members, as a body, for our audit work, for this report, or for the opinions we have formed.
for and on behalf of
Chartered Accountants & Statutory Auditor
Statutory Auditor
Chichester
Date:
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PRO-FORCE LIMITED
STATEMENT OF COMPREHENSIVE INCOME
FOR THE YEAR ENDED 31 DECEMBER 2024
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PRO-FORCE LIMITED
REGISTERED NUMBER: 05580634
BALANCE SHEET
AS AT 31 DECEMBER 2024
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PRO-FORCE LIMITED
REGISTERED NUMBER: 05580634
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2024
The financial statements were approved and authorised for issue by the board and were signed on its behalf by
The notes on pages 16 to 33 form part of these financial statements.
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PRO-FORCE LIMITED
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 DECEMBER 2024
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 DECEMBER 2023
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PRO-FORCE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Pro-Force Limited is a private company limited by shares and incorporated in England and Wales. The address of the registered office is Hunstead House, Nickle Farm, Chartham, Canterbury, Kent, CT4 7PE. The principal activity of the company during the period has been that of the management and provision of labour, and contract management to the fresh produce industry.
2.Accounting policies
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.
The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the company's accounting policies (see note 3).
The following principal accounting policies have been applied:
The company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by the FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland":
∙the requirements of Section 7 Statement of Cash Flows;
∙the requirements of Section 3 Financial Statement Presentation paragraph 3.17(d);
∙the requirements of Section 33 Related Party Disclosures paragraph 33.7.
This information is included in the consolidated financial statements of Greosn Limited as at 31 December 2024 and these financial statements may be obtained from Companies House.
The company is a parent company that is also a subsidiary included in the consolidated financial statements of a larger group by a parent undertaking established under the law of any part of the United Kingdom and is therefore exempt from the requirement to prepare consolidated financial statements under section 400 of the Companies Act 2006.
The company continues to enjoy the support of its bankers for finance as well as having access to working capital from the wider group should this be required. The directors are confident that the company has the ability to continue to meet its obligations as they fall due. Accordingly, the financial statements have been prepared on a going concern basis.
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PRO-FORCE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
2.Accounting policies (continued)
Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on the following bases.
The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.
Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.
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PRO-FORCE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
2.Accounting policies (continued)
If it is not possible to distinguish between the research phase and the development phase of an internal project, the expenditure is treated as if it were all incurred in the research phase only.
Goodwill
Other intangible assets
All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.
Assets not in use at the year end have not been amortised as their useful economic life has not commenced.
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PRO-FORCE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
2.Accounting policies (continued)
Fair values are determined from market based evidence normally undertaken by professionally qualified valuers or the directors.
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PRO-FORCE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
2.Accounting policies (continued)
The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilties like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
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PRO-FORCE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
2.Accounting policies (continued)
The company discounts its trade debts. The accounting policy is to include trade debtors discounted with recourse under trade debtors due within one year and to record the returnable element of the proceeds under other creditors due within one year. Discount fees are charged to the income statement when payable. Bad debts are borne by the company and charged to the income statement when reasonably foreseeable.
No significant judgements have had to be made by management in preparing these financial statements. b) Key accounting estimates and assumptions The company has made key assumptions regarding the useful economic life of tangible fixed assets and intangible fixed assets and this is further described in notes 2.6 and 2.9 of the accounting policies.
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PRO-FORCE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Analysis of turnover by country of destination:
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PRO-FORCE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
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PRO-FORCE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
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PRO-FORCE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
11.Taxation (continued)
There were no factors that may affect future tax charges.
Page 25
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PRO-FORCE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Page 26
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PRO-FORCE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Page 27
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PRO-FORCE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Cost or valuation at 31 December 2024 is as follows:
Page 28
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PRO-FORCE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Page 29
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PRO-FORCE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Page 30
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PRO-FORCE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Page 31
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PRO-FORCE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £577,775 (2023: £457,440). Contributions totalling £151,912 (2023: £62,080) were payable to the fund at the balance sheet date and are included in creditors due within one year.
Page 32
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PRO-FORCE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Included within other debtors is an amount of £nil (2023: £417,480) owed by M Jarrett. This amount does not incur interest.
The immediate parent undertaking is Greosn Limited, a company incorporated in England and Wales. The ultimate parent undertaking is that of Greosn Holdings Limited. Both Greosn Holdings Limited and Greosn Limited prepare publicly available consolidated financial statements that are available from the registered office, Newlands, Pagham Road, Lagness, Chichester, West Susses, PO20 1LL.
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