Prominent Global Connections Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 04807368 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

PROMINENT GLOBAL CONNECTIONS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Dr. P A Bothma

Mrs. E E Bothma

REGISTERED OFFICE:

2 Kennel Loke

Gorleston

Great Yarmouth

NR31 6JU

REGISTERED NUMBER:

04807368 (England and Wales)

ACCOUNTANTS:

Fusion Accountancy Limited

Marlborough House

298 Regents Park Road

London

N3 2SZ

FIXED ASSETS

Tangible assets

4

3,436

-

CURRENT ASSETS

Debtors

5

-

36,367

Cash at bank

97,938

42,351

97,938

78,718

CREDITORS

Amounts falling due within one year

6

35,103

21,152

NET CURRENT ASSETS

62,835

57,566

TOTAL ASSETS LESS CURRENT
LIABILITIES

66,271

57,566

CAPITAL AND RESERVES

Called up share capital

7

102

Retained earnings

8

66,169

57,464

SHAREHOLDERS' FUNDS

66,271

57,566

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 directors acknowledge their 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 Board of Directors and authorised for issue on 30 October 2025 and were signed on its behalf by:

Mrs. E E Bothma - Director

1.	STATUTORY INFORMATION

Prominent Global Connections 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.

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.

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.

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 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 April 2024

4,832

Additions

3,880

At 31 March 2025

8,712

DEPRECIATION

At 1 April 2024

4,832

Charge for year

444

At 31 March 2025

5,276

NET BOOK VALUE

At 31 March 2025

3,436

At 31 March 2024

-

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade debtors

-

9,045

Director's current account

-

27,322

-

36,367

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Corporation tax

11,941

18,102

Social security and other taxes

246

357

Other creditors

18

-

Director's current account

20,865

-

Accruals and deferred income

2,033

2,693

35,103

21,152

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

100

Ordinary Shares

1

100

1

Ordinary A Shares

1

Ordinary B Shares

1

102

8.

RESERVES

Retained

earnings

£

At 1 April 2024

57,464

Profit for the year

50,705

Dividends

(42,000

)

At 31 March 2025

66,169

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the beginning of the year, the directors loan account was in debit of £27,322. During the year the directors repaid £48,187 to the company. As a result, at the year end the company owes £20,865 to the directors.

10.	RELATED PARTY DISCLOSURES

During the year dividends of £40,000 (2024: £19,500) were paid to E E Bothma and £2,000 (2024: £2,000) were paid to P A Bothma.

11.	ULTIMATE CONTROLLING PARTY

The controlling parties are the company directors by virtue of their shareholdings.