REGISTERED NUMBER: NI058080 (Northern Ireland)

PROBUS FINANCIAL SOLUTIONS LTD

REPORT OF THE DIRECTOR AND

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Report of the Director

2

Chartered Accountants' Report

3

Income Statement

4

Balance Sheet

5

Notes to the Financial Statements

7

DIRECTOR:

Mr P W Stewart

REGISTERED OFFICE:

25 Cloghtate Road

ENNISKILLEN

Co. Fermanagh

BT74 4AJ

REGISTERED NUMBER:

NI058080 (Northern Ireland)

ACCOUNTANTS:

McAleer Jackson Ltd

Chartered Accountants

Church House

24 Dublin Road

OMAGH

Co. Tyrone

BT78 1HE

BANKERS:

Danske Bank

P.O. Box 183

Donegall Square West

Belfast

BT1 6JS

SOLICITORS:

Keown Solicitors

Lynden House

19 Cregagh Road

BELFAST

BT6 8PX

The director presents his report with the financial statements of the company for the year ended 31 March 2025.

DIRECTOR

Mr P W Stewart held office during the whole of the period from 1 April 2024 to the date of this report.

DIRECTOR'S RESPONSIBILITIES STATEMENT

The director is responsible for preparing the Report of the Director and the financial statements in accordance with applicable law and regulations.

Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law), including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'. Under company law the director must not approve the financial statements unless he is satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the director is required to:

-	select suitable accounting policies and then apply them consistently;

-	make judgements and accounting estimates that are reasonable and prudent;

-	prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable him to ensure that the financial statements comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

Mr P W Stewart - Director

12 December 2025

In accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company for the year ended 31 March 2025 which comprise the Income Statement, Balance Sheet and the related notes from the accounting records and information and explanations you have given to us.

This report is made to the company's director, in accordance with the terms of our engagement. Our work has been undertaken so that we might compile the financial statements that we have been engaged to compile, report to the company's director that we have done so, and state those matters that we have agreed to state to him in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's director, for our work or for this report.

We have carried out this engagement in accordance with guidance issued by the Institute of Chartered Accountants in Ireland and have complied with the ethical guidance laid down by the Institute relating to members undertaking the compilation of financial statements.

You have acknowledged on the Balance Sheet as at 31 March 2025 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.

We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

McAleer Jackson Ltd

Chartered Accountants

Church House

24 Dublin Road

OMAGH

Co. Tyrone

BT78 1HE

12 December 2025

TURNOVER

36,010

37,525

Cost of sales

3,602

5,117

GROSS PROFIT

32,408

32,408

Administrative expenses

26,349

12,163

OPERATING PROFIT

6,059

20,245

Interest payable and similar expenses

1,178

1,394

PROFIT BEFORE TAXATION

4,881

18,851

Tax on profit

-

-

PROFIT FOR THE FINANCIAL YEAR

4,881

18,851

CURRENT ASSETS

Cash at bank

896

63

CREDITORS

Amounts falling due within one year

5

12,568

12,370

NET CURRENT LIABILITIES

(11,672

)

(12,307

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(11,672

)

(12,307

)

CREDITORS

Amounts falling due after more than one year

6

60,548

64,794

NET LIABILITIES

(72,220

)

(77,101

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(72,222

)

(77,103

)

SHAREHOLDERS' FUNDS

(72,220

)

(77,101

)

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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 12 December 2025 and were signed by:

Mr P W Stewart - Director

1.	STATUTORY INFORMATION

Probus Financial Solutions Ltd is a private company, limited by shares , registered in Northern Ireland. 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.

The financial statements are prepared in sterling which is the functional currency of the Company.

Turnover

Turnover represents sales made during the year.

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.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provisions for impairment.

Depreciation is provided at the following annual rates in order to write off each asset over its

estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant & machinery - 20% straight line

Fixtures & fittings - 20% straight line

Debtors and creditors receivable/payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transactional price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant &

Fixtures

machinery

& fittings

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

4,568

4,586

9,154

DEPRECIATION

At 1 April 2024

and 31 March 2025

4,568

4,586

9,154

NET BOOK VALUE

At 31 March 2025

-

-

-

At 31 March 2024

-

-

-

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

10,000

10,000

Other creditors

2,568

2,370

12,568

12,370

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

36,075

40,000

Other creditors

24,473

24,794

60,548

64,794

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Shareholders' loans

24,473

24,794

7.	RELATED PARTY DISCLOSURES

As at 31 March 2025 the company owes members of key personnel £24,473 (2024: £24,794). No repayment date has been set for this and no interest is to be charged on the loan. At the balance sheet date, the loan is presented within creditors: amounts falling due after more than one year.