Statutory Information
PROVENCE PR LTD is a private limited company, limited by shares, domiciled in England and Wales, registration number 10142779, registration address 15 Provence Court, Northampton, NN5 6EH, United Kingdom.
The presentation currency is £ sterling.
| 1. |
Accounting Policies
Basis of accounting
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Financial Reporting Standard for Smaller Entities (effective January 2016).
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:| Office Equipment | 33 Straight Line |
|
| 2. |
Tangible fixed assets
| Cost or Valuation |
|
Office Equipment |
|
Total |
| |
|
£ |
|
£ |
| At 01 May 2024 |
|
2,612 |
|
2,612 |
| Additions |
|
565 |
|
565 |
| At 30 April 2025 |
|
3,177 |
|
3,177 |
| Depreciation |
| At 01 May 2024 |
|
2,133 |
|
2,133 |
| Charge for year |
|
651 |
|
651 |
| At 30 April 2025 |
|
2,784 |
|
2,784 |
| Net book values |
| Closing balance as at 30 April 2025 |
|
393 |
|
393 |
| Opening balance as at 01 May 2024 |
|
479 |
|
479 |
|
| 3. |
Debtors: amounts falling due within one year
|
2025
£ |
|
2024
£ |
| Trade debtors |
911 |
|
752 |
| Amounts owed by/to group undertakings |
500 |
|
500 |
| Other debtors less than one year |
5,419 |
|
4,985 |
|
6,830 |
|
6,237 |
|
| 4. |
Creditors: amount falling due within one year
|
2025
£ |
|
2024
£ |
| Trade creditors |
1,063 |
|
921 |
| Taxation & social security less than one year |
456 |
|
1,496 |
| Other creditors less than one year |
1,821 |
|
3,363 |
|
3,340 |
|
5,780 |
|
| 5. |
Creditors: amount falling due after more than one year
|
2025
£ |
|
2024
£ |
| Other creditors more than one year |
0 |
|
4,167 |
|
0 |
|
4,167 |
|
| 6. |
Provisions for liabilities
|
2025
£ |
|
2024
£ |
| Deferred tax |
75 |
|
91 |
|
75 |
|
91 |
|
| 7. |
Profit and loss account
| |
2025
£ |
| Balance at 01 May 2024 |
12,744 |
| Profit for the year |
1,875 |
| Equity dividends proposed |
(3,000) |
| Balance at 30 April 2025 |
11,619 |
|
| 8. |
Share Capital
Allotted
|
2025
£ |
|
2024
£ |
|
100
Ordianry shares of £1.00 each |
100 |
|
100 |
|
100 |
|
100 |
|
| 9. |
Average number of employees
Average number of employees during the year was 1 (2024: 1).
|
4
|