REGISTERED NUMBER: 13274806 (England and Wales)

Financial Statements for the Year Ended 31 March 2025

for

Proff Global Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S Oguzhan

REGISTERED OFFICE:

Unit 1,

Clay Hill

Bristol

BS5 7ES

REGISTERED NUMBER:

13274806 (England and Wales)

FIXED ASSETS

Tangible assets

4

18,663

24,715

CURRENT ASSETS

Stocks

5

501,150

226,150

Debtors

6

67,895

35,137

Cash at bank and in hand

12,365

1,657

581,410

262,944

CREDITORS

Amounts falling due within one year

7

536,318

238,238

NET CURRENT ASSETS

45,092

24,706

TOTAL ASSETS LESS CURRENT LIABILITIES

63,755

49,421

CAPITAL AND RESERVES

Called up share capital

8

2,700

2,700

Retained earnings

9

61,055

46,721

SHAREHOLDERS' FUNDS

63,755

49,421

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 17 July 2025 and were signed by:

S Oguzhan - Director

1.	STATUTORY INFORMATION

Proff Global 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 each asset over its estimated useful life.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2024 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 April 2024

2,847

30,199

33,046

Additions

1,498

-

1,498

At 31 March 2025

4,345

30,199

34,544

DEPRECIATION

At 1 April 2024

781

7,550

8,331

Charge for year

-

7,550

7,550

At 31 March 2025

781

15,100

15,881

NET BOOK VALUE

At 31 March 2025

3,564

15,099

18,663

At 31 March 2024

2,066

22,649

24,715

5.

STOCKS

31.3.25

31.3.24

£

£

Stocks

501,150

226,150

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

49,644

28,583

VAT

18,251

6,554

67,895

35,137

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

512,449

234,628

Paye

14,269

-

Tax

9,600

3,610

536,318

238,238

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

3

Ordinary shares class A

900

2,700

2,700

9.

RESERVES

Retained

earnings

£

At 1 April 2024

46,721

Profit for the year

14,334

At 31 March 2025

61,055