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Company Registration No. 12257807 (England and Wales)
Place Of Progress Ltd Unaudited accounts for the year ended 31 October 2025
Place Of Progress Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Place Of Progress Ltd Company Information for the year ended 31 October 2025
Director
Bianca Andrew
Company Number
12257807 (England and Wales)
Registered Office
International House 64 Nile Street London, N1 7SR United Kingdom
Accountants
Cranleys Chartered Accountants Winton House Winton Square Basingstoke Hampshire RG21 8EN
- 3 -
Place Of Progress Ltd Statement of financial position as at 31 October 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
52,262 
15,545 
Current assets
Debtors
5
471,494 
451,144 
Cash at bank and in hand
93,031 
1,017 
564,525 
452,161 
Creditors: amounts falling due within one year
6
(73,325)
(71,277)
Net current assets
491,200 
380,884 
Total assets less current liabilities
543,462 
396,429 
Creditors: amounts falling due after more than one year
7
(41,935)
(26,730)
Net assets
501,527 
369,699 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
501,526 
369,698 
Shareholders' funds
501,527 
369,699 
For the year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 5 March 2026 and were signed on its behalf by
Bianca Andrew Director Company Registration No. 12257807
- 4 -
Place Of Progress Ltd Notes to the Accounts for the year ended 31 October 2025
1
Statutory information
Place Of Progress Ltd is a private company, limited by shares, registered in England and Wales, registration number 12257807. The registered office is International House, 64 Nile Street, London,, N1 7SR, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33% reducing balance
Motor vehicles
33% reducing balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 November 2024
9,770 
35,944 
45,714 
Additions
10,799 
59,497 
70,296 
Disposals
- 
(35,944)
(35,944)
At 31 October 2025
20,569 
59,497 
80,066 
Depreciation
At 1 November 2024
2,063 
28,106 
30,169 
Charge for the year
6,107 
19,634 
25,741 
On disposals
- 
(28,106)
(28,106)
At 31 October 2025
8,170 
19,634 
27,804 
Net book value
At 31 October 2025
12,399 
39,863 
52,262 
At 31 October 2024
7,707 
7,838 
15,545 
- 5 -
Place Of Progress Ltd Notes to the Accounts for the year ended 31 October 2025
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
64,932 
82,999 
Accrued income and prepayments
38,458 
4,512 
Other debtors
368,104 
363,633 
471,494 
451,144 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
2,566 
7,114 
Obligations under finance leases and hire purchase contracts
4,931 
- 
Trade creditors
- 
21,797 
Taxes and social security
64,773 
33,216 
Other creditors
1,055 
5,000 
Deferred income
- 
4,150 
73,325 
71,277 
The creditors due within one year includes bank overdrafts of £2,566.55 and Bounce Bank Loan of £1,055 as at the reporting date. The remaining amount relates to trade creditors, taxes, and other short-term liabilities falling due within one year.
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
- 
26,730 
Obligations under finance leases and hire purchase contracts
41,935 
- 
41,935 
26,730 
During the year, the Funding Circle loan was repaid in full. Therefore, no balance was outstanding as at the year end (31 October 2025).
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Bianca Andrew
27,266 
- 
1,993 
25,273 
27,266 
- 
1,993 
25,273 
9
Transactions with related parties
The related party is Bianca Andrew by virtue of shareholding and directorship.
10
Controlling party
The ultimate controlling party is Bianca Andrew by virtue of shareholding and directorship.
- 6 -
Place Of Progress Ltd Notes to the Accounts for the year ended 31 October 2025
11
Average number of employees
During the year the average number of employees was 20 (2024: 20).
- 7 -