FRS102 1A Filleted



Bound To Prosper Ltd

Accountants' Report to the Director for the preparation of the unaudited financial statements

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Bound To Prosper Ltd for the year ended 31 December 2025 which comprise the Profit and loss account, Balance sheet and the notes to the financial statements from the company's accounting records and from information and explanations you have given us.

This report is made solely to the Director of Bound To Prosper Ltd, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Bound To Prosper Ltd and state those matters that we have agreed to state to them in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Bound To Prosper Ltd and its Director for our work, or for this report.

It is your duty to ensure that Bound To Prosper Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Bound To Prosper Ltd. You consider that Bound To Prosper Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Bound To Prosper Ltd. 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 statutory financial statements.

E&D ACCOUNTANCY LTD
162B
Tressillian Road
London
SE4 1XY
United Kingdom

	Date:	14 May 2026

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Company registration number:						13573257
Bound To Prosper Ltd

Balance sheet
as at 31 December 2025

		2025		2024
	Note	£	£	£	£
Fixed assets
Tangible assets	4	2,439		3,688
			2,439		3,688
Current assets
Debtors		13,386		72,926
Cash at bank and in hand		118,382		11,938
			131,768		84,864
Creditors: amounts falling due within one year			(43,141)		(28,876)
Net current assets			88,627		55,988
Total assets less current liabilities			91,066		59,676
Creditors: Amounts falling due after more than one year			-		(59,038)
NET ASSETS			91,066		638

Capital and reserves
Called up share capital			100		100
Profit and loss account			90,966		538
TOTAL EQUITY			91,066		638


The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 December 2025.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.

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Bound To Prosper Ltd

Notes to the financial statements
for the year ended 31 December 2025


1	Company information

	Bound To Prosper Ltd is a private company registered in England and Wales. Its registered number is 13573257. The company is limited by shares. Its registered office is 89-90 3rd Floor, Paul Street, London, EC2A 4NE. Its principal place of business is Cherry Tree House, Thoroton, Nottingham, Nottinghamshire, NG13 9DS.

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 historic cost convention.

	Presentation currency
	The company's financial statements are presented in sterling.

	Going concern
	In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.

	The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.

	Tangible fixed assets
	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 and machinery etc.:
	Straight line basis	-	2.78% reducing balance

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	Bound To Prosper Ltd

	Notes to the financial statements - continued
	for the year ended 31 December 2025

	2	Accounting policies - continued

		Financial instruments
		Financial instruments A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded, or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

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Bound To Prosper Ltd

Notes to the financial statements - continued
for the year ended 31 December 2025

2	Accounting policies - continued

	Taxation
	Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

	Current 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.

	Foreign currencies
	Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

	Retirement benefits
	The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit and loss in the period to which they relate.

3	Average number of employees

	During the year the average number of employees was 5 (2024 - 5).

4	Tangible fixed assets

		Plant and machinery etc.
		£
	Cost
	At 1 January 2025	3,748
	At 31 December 2025	3,748

	Depreciation
	At 1 January 2025	60
	Charge for year	1,249
	At 31 December 2025	1,309

	Net book value
	At 31 December 2025	2,439

	At 31 December 2024	3,688


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Bound To Prosper Ltd

Notes to the financial statements - continued
for the year ended 31 December 2025

4	Tangible fixed assets - continued

	Cost or valuation at 31 December 2025 is represented by:
			Plant and machinery etc.
			£
	Valuation in 2025		-
	Cost		3,748
			3,748

	If Computer Equipement had not been revalued, it would have been included at the following historical cost:
		2025	2024
		£	£
	Cost	3,748	3,748

	Accumulated depreciation	1,309	60


5	Related party transactions

	Related party transactions The company is under the control of businesses owned by the Directors and PSC: MXP Ventures B.V controlled by Mr Tilo Bonow and Mr Micheal Young. Bound to Prosper Ltd fully repaid the loan principal with £4,215.54 of interest payable as of 31 December 2025.

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	Company registration number:	13573257

	Annual report and unaudited financial statements
	for the year ended 31 December 2025
	for
	Bound To Prosper Ltd


	Pages for filing with the Registrar