Protevan Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 15065950

Protevan Limited

Filleted Unaudited Financial Statements

31 August 2025

Protevan Limited

Financial Statements

Year ended 31 August 2025

Contents	Page

Balance sheet	1

Notes to the financial statements	3

Protevan Limited

Balance Sheet

31 August 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Tangible assets	5		68,018		1,499

Current assets

Debtors	6	13,317	8,374
Cash at bank and in hand		4,408	11,168
		--------	--------
		17,725	19,542

Creditors: amounts falling due within one year	7	9,335		17,868
		--------		--------
Net current assets			8,390		1,674
			--------		-------
Total assets less current liabilities			76,408		3,173

Creditors: amounts falling due after more than one year	8		48,560		–

Provisions

Taxation including deferred tax	17,005	375
	--------	-------
Net assets	10,843	2,798
	--------	-------

Protevan Limited

Balance Sheet (continued)

31 August 2025

	2025		2024
Note	£	£	£	£

Capital and reserves

Called up share capital	100	100
Profit and loss account	10,743	2,698
	--------	-------
Shareholders funds	10,843	2,798
	--------	-------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the profit and loss account has not been delivered.

For the year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 12 May 2026 , and are signed on behalf of the board by:

Mr M Cromarty

Director

Company registration number: 15065950

Protevan Limited

Notes to the Financial Statements

Year ended 31 August 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 6 Corunna Court, Corunna Road, Warwick, CV34 5HQ.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis and in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

All significant judgements applied in preparing the financial statements are disclosed in the accounting policies. No material estimates have been applied.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Current tax is recognised on taxable profit for the current and past periods. Deferred tax is recognised in respect of all timing differences at the reporting date.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Fixtures and fittings	-	25% straight line
Motor vehicles	-	20% reducing balance

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the balance sheet as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 1 (2024: 1 ).

5. Tangible assets

	Fixtures and fittings	Motor vehicles	Total
	£	£	£
Cost
At 1 September 2024	1,653	–	1,653
Additions	2,485	65,593	68,078
	-------	--------	--------
At 31 August 2025	4,138	65,593	69,731
	-------	--------	--------
Depreciation
At 1 September 2024	154	–	154
Charge for the year	466	1,093	1,559
	-------	--------	--------
At 31 August 2025	620	1,093	1,713
	-------	--------	--------
Carrying amount
At 31 August 2025	3,518	64,500	68,018
	-------	--------	--------
At 31 August 2024	1,499	–	1,499
	-------	--------	--------

6. Debtors

	2025	2024
	£	£
Trade debtors	9,988	5,600
Other debtors	3,329	2,774
	--------	-------
	13,317	8,374
	--------	-------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Corporation tax	–	14,935
Social security and other taxes	305	758
Other creditors	9,030	2,175
	-------	--------
	9,335	17,868
	-------	--------

8. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Other creditors	48,560	–
	--------	----

9. Directors' advances, credits and guarantees

During the year, the directors had interest-free, repayable on demand loans with the company. At the start of the year they were owed £425 and at the end of the year owed £147.