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Registered Number: 09001950
England and Wales
PRUDENT ASSET MANAGEMENT LTD
Unaudited Financial Statements
Period of accounts Start date: 01 May 2024 End date: 30 April 2025

Prudent Asset Management Ltd Statement of Financial Position As at 30 April 2025
|  | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ | £ |  | £ | £
Current assets |  | 16,453 |  |  | 8,284 |
Creditors: amount falling due within one year |  | (11,737) |  |  | (2,637) |
Net current assets |  |  | 4,716 |  |  | 5,647
Total assets less current liabilities |  |  | 4,716 |  |  | 5,647
Creditors: amount falling due after more than one year |  |  | (4,532) |  |  | (8,577)
Provisions for liabilities |  |  | 125 |  |  | 0
Net assets |  |  | 309 |  |  | (2,930)
Capital and reserves |  |  | 309 |  |  | (2,930)
NOTES TO THE ACCOUNTS General Information Prudent Asset Management Ltd is a private company, limited by shares, registered in England and Wales, registration number 09001950, registration address Unit 230 , 89 Bickersteth Road, SW17 9SH. The presentation currency is £ sterling.
1. | Accounting policies Significant accounting policies Statement of compliance These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. Basis of preparation 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. Going concern basis The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements. Turnover Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2. | Average number of employees Average number of employees during the year was 4 (2024 : 4).
3. | Director’s loan
| Director's Current Account At the year end, a balance of £3,416 was owed by the director. The above balance is interest free with no fixed date of repayment
For the year ended 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small 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. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies. The financial statements were approved by the director on 20 January 2026 and were signed by:
-------------------------------- Hina Malik Director
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