REGISTERED NUMBER: SC160025 (Scotland)

PROSTAR MANAGEMENT LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

R M Sparkes

SECRETARY:

K Sparkes

REGISTERED OFFICE:

C/O Johnston Carmichael

227 West George Street

Glasgow

G2 2ND

REGISTERED NUMBER:

SC160025 (Scotland)

ACCOUNTANTS:

Benham Conway & Co

16 Royal Crescent

Glasgow

G3 7SL

CURRENT ASSETS

Cash at bank

122,729

99,743

CREDITORS

Amounts falling due within one year

5

16,792

22,498

NET CURRENT ASSETS

105,937

77,245

TOTAL ASSETS LESS CURRENT LIABILITIES

105,937

77,245

CAPITAL AND RESERVES

Called up share capital

2,538

2,538

Retained earnings

103,399

74,707

SHAREHOLDERS' FUNDS

105,937

77,245

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 May 2026 and were signed by:

R M Sparkes - Director

1.	STATUTORY INFORMATION

Prostar Management Limited is a private company, limited by shares , registered in Scotland. 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.

Turnover

Turnover represents services provided in the year, net of value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Fixtures and fittings

-

33% on cost

Taxation

Taxation for the year comprises current 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 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 September 2024

and 31 August 2025

1,732

DEPRECIATION

At 1 September 2024

and 31 August 2025

1,732

NET BOOK VALUE

At 31 August 2025

-

At 31 August 2024

-

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade creditors

-

3,180

Taxation and social security

14,591

15,921

Other creditors

2,201

3,397

16,792

22,498

6.	RELATED PARTY DISCLOSURES

At 31 August 2025 the company's director had provided the company with an interest free loan of £331 (2024, £209). There are no fixed repayment terms for this loan, which are included within other creditors.