Prochaine Co Ltd 12007589 true 2024-04-01 2025-03-31 2025-03-31 The principal activity of the company is retail sale via mail order houses or via Internet Digita Accounts Production Advanced 6.30.9574.0 true Miss Katy Watson true 12007589 2024-04-01 2025-03-31 12007589 2025-03-31 12007589 bus:OrdinaryShareClass1 bus:Non-cumulativeNon-redeemableShares 2025-03-31 12007589 core:RetainedEarningsAccumulatedLosses 2025-03-31 12007589 core:ShareCapital 2025-03-31 12007589 core:CurrentFinancialInstruments 2025-03-31 12007589 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 12007589 core:FurnitureFittingsToolsEquipment 2025-03-31 12007589 bus:FRS102 2024-04-01 2025-03-31 12007589 bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 12007589 bus:FullAccounts 2024-04-01 2025-03-31 12007589 bus:RegisteredOffice 2024-04-01 2025-03-31 12007589 bus:Director3 2024-04-01 2025-03-31 12007589 bus:OrdinaryShareClass1 bus:Non-cumulativeNon-redeemableShares 2024-04-01 2025-03-31 12007589 bus:EntityNoLongerTradingButTradedInPast 2024-04-01 2025-03-31 12007589 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 12007589 core:OfficeEquipment 2024-04-01 2025-03-31 12007589 countries:EnglandWales 2024-04-01 2025-03-31 12007589 2024-03-31 12007589 core:FurnitureFittingsToolsEquipment 2024-03-31 12007589 2024-03-31 12007589 bus:OrdinaryShareClass1 bus:Non-cumulativeNon-redeemableShares 2024-03-31 12007589 core:RetainedEarningsAccumulatedLosses 2024-03-31 12007589 core:ShareCapital 2024-03-31 12007589 core:CurrentFinancialInstruments 2024-03-31 12007589 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 12007589 core:FurnitureFittingsToolsEquipment 2024-03-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 12007589

Prochaine Co Ltd
Annual Report and Unaudited Financial Statements
for the Year Ended 31 March 2025

Prochaine Co Ltd

Profit and Loss Account for the Year Ended 31 March 2025

The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

Prochaine Co Ltd

(Registration number: 12007589)
Balance Sheet as at 31 March 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 3 | 1,583 | 1,583
Current assets |  |  |
Stocks | 4 | 9,475 | 9,475
Debtors | 5 | 30,488 | 30,488
Cash at bank and in hand |  | 14,430 | 14,430
|  | 54,393 | 54,393
Creditors: Amounts falling due within one year | 7 | (112,675) | (112,675)
Net current liabilities |  | (58,282) | (58,282)
Net liabilities |  | (56,699) | (56,699)
Capital and reserves |  |  |
Called up share capital | 8 | 100 | 100
Retained earnings |  | (56,799) | (56,799)
Shareholders' deficit |  | (56,699) | (56,699)

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the director on 10 September 2025

......................................... Miss Katy Watson Director

Prochaine Co Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
4A Kirk Hill
East Bridgford
NG13 8PE
United Kingdom

These financial statements were authorised for issue by the director on 10 September 2025.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Office Equipment | Reducing Balance 25%

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Prochaine Co Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Prochaine Co Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

3 | Tangible assets

| Furniture, fittings and equipment £ | Total £
Cost or valuation
At 1 April 2024 | 2,797 | 2,797
At 31 March 2025 | 2,797 | 2,797
Depreciation
At 1 April 2024 | 1,214 | 1,214
At 31 March 2025 | 1,214 | 1,214
Carrying amount
At 31 March 2025 | 1,583 | 1,583
At 31 March 2024 | 1,583 | 1,583

4 | Stocks

| 2025 £ | 2024 £
Other inventories | 9,475 | 9,475

5 | Debtors

Current | 2025 £ | 2024 £
Trade debtors | 26,118 | 26,118
Prepayments | 4,370 | 4,370
| 30,488 | 30,488

6 | Cash and cash equivalents

| 2025 £ | 2024 £
Cash at bank | 14,430 | 14,430

Prochaine Co Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

7 | Creditors

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Trade creditors |  | 9,965 | 9,965
Amounts due to related parties |  | 98,454 | 98,454
Social security and other taxes |  | 2,455 | 2,455
Other payables |  | 301 | 301
Accruals |  | 1,500 | 1,500
|  | 112,675 | 112,675

8 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary Shares of £1 each | 100 | 100 | 100 | 100