Protect and Prepare Limited - Filleted accounts

Registered number

10369497

Protect and Prepare Limited

Filleted Accounts

31 March 2025

Protect and Prepare Limited
Registered number:		10369497
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		4,723			4,106

Current assets
Debtors	4	57,711			25,383
Cash at bank and in hand		152,642			273,540
		210,353			298,923

Creditors: amounts falling due within one year	5	(78,921)			(90,901)

Net current assets			131,432			208,022

Total assets less current liabilities			136,155			212,128


Provisions for liabilities			(897)			(1,026)


Net assets			135,258			211,102

Capital and reserves
Called up share capital	6		99			99
Profit and loss account			135,159			211,003

Shareholders' funds			135,258			211,102

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




A Cutbill
Director
Approved by the board on 16 December 2025

Protect and Prepare Limited
Notes to the Accounts
for the year ended 31 March 2025


1	Summary of significant accounting policies

	Basis of preparation
	The accounts have been prepared in accordance with Financial Reporting Standard 102 (FRS 102) and the Companies Act 2006 (as applicable to companies subject to the small company regime). The significant policies applied in the preparation of these statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, including expenses, net of discounts and value added taxes and represents amounts recoverable from clients for consultancy services and associated expenses provided during the year. Turnover is recognised when the amount can be reliably measured and it is probable that future economic benefits will flow. Recognition of turnover is in the period in which the services are rendered by reference to the stage of completion, which is assessed on the actual services provided as a proportion of the total value of services to be provided. Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery			25 % straight line

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Leased assets
	Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Operating lease payments are recognised as an expense on a straight-line basis over the lease term.

	Employee benefits
	When employees have rendered service to the company, short term employer benefits to which the employees are entitled are recognised at the undiscounted amount to be paid in exchange for that service.

	Government Grants
	Revenue grants are accounted using the accrual method and are recognised in income on a systematic basis over the period in which the related costs for which the grant is intended to compensate. Grants that become receivable as compensation for expenses or losses already incurred or for the purpose of giving immediate financial support, with no future related costs, are recognised in income in the period in which it becomes receivable.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					5		5


3	Tangible fixed assets
								Plant and machinery
£
	Cost
	At 1 April 2024							12,829
	Additions							3,042
	Disposals							(7,752)
	At 31 March 2025							8,119

	Depreciation
	At 1 April 2024							8,723
	Charge for the year							942
	On disposals							(6,269)
	At 31 March 2025							3,396

	Net book value
	At 31 March 2025							4,723
	At 31 March 2024							4,106


4	Debtors					2025		2024
£							£

	Trade debtors					55,300		22,800
	Other debtors					2,411		2,583
						57,711		25,383


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Trade creditors					108		83
	Taxation and social security costs					15,132		77,002
	Other creditors					63,681		13,816
						78,921		90,901


6	Share capital	Nominal		2023		2025		2024
value			Number		£		£

	Allotted, issued and fully paid
	Ordinary A shares	£1 each		33		33		33
	Ordinary B shares	£1 each		33		33		33
	Ordinary C shares	£1 each		33		33		33
						99		99


7	Related party transactions

	During the year the directors have lent various amounts to the company. No interest was due for the year. The loan amounts due at the year end to the directors and included in other creditors is £10,974 (2024- £9,937).


8	Other information

	Protect and Prepare Limited is a private company limited by shares and incorporated in England. Its registered office is:
	The History Room at Farnham Pottery
	Pottery Lane
	Wrecclesham, Farnham
	Surrey
	GU10 4QJ