Company Registration No. 12434673 (England and Wales)
Progen Ltd
Unaudited accounts
for the year ended 29 January 2025
Progen Ltd
Unaudited accounts
Contents
Progen Ltd
Company Information
for the year ended 29 January 2025
Company Number
12434673 (England and Wales)
Registered Office
Rowans
Sheet Road
Ludlow
SY8 1LH
England
Progen Ltd
Statement of financial position
as at 29 January 2025
Cash at bank and in hand
2,030
2,999
Creditors: amounts falling due within one year
(2,082)
(1,378)
Net current assets
9,273
10,946
Total assets less current liabilities
9,273
10,946
Creditors: amounts falling due after more than one year
(14,227)
(14,916)
Net liabilities
(4,954)
(3,970)
Called up share capital
100
100
Profit and loss account
(5,054)
(4,070)
Shareholders' funds
(4,954)
(3,970)
For the year ending 29 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 28 October 2025 and were signed on its behalf by
Tommy Gannon
Director
Company Registration No. 12434673
Progen Ltd
Notes to the Accounts
for the year ended 29 January 2025
Progen Ltd is a private company, limited by shares, registered in England and Wales, registration number 12434673. The registered office is Rowans, Sheet Road, Ludlow, SY8 1LH, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Amounts falling due within one year
5
Creditors: amounts falling due within one year
2025
2024
Loans from directors
1,687
979
6
Creditors: amounts falling due after more than one year
2025
2024
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).