PR PROCESS & PROJECT LTD


Director	RITSON, Phil


Registered Address	15 Riverside Studios Amethyst Road
	Newcastle Business Park
	Newcastle Upon Tyne
	NE4 7YL


Registered Number	14327402 (England and Wales)

Statement of Financial Position
31 May 2026

	Notes	31 May 2026		31 Aug 2025
		£	£	£	£
Fixed assets
Tangible assets	3		-		3,072
			-		3,072
Current assets
Debtors		-		2,207
Cash at bank and on hand		1,021		1,874
		1,021		4,081
Creditors amounts falling due within one year		(2,276)		(5,843)
Net current assets (liabilities)			(1,255)		(1,762)
Total assets less current liabilities			(1,255)		1,310
Net assets			(1,255)		1,310
Capital and reserves
Called up share capital			1		1
Profit and loss account			(1,256)		1,309
Shareholders' funds			(1,255)		1,310

The company was entitled to exemption from audit for this reporting period 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 their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Director on 10 June 2026, and are signed on its behalf by:

RITSON, Phil
Director
Registered Company No. 14327402

PR PROCESS & PROJECT LTD

Notes to the Financial Statements
for the period ended 31 May 2026

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Going concern
	The directors have prepared these financial statements on a basis other than going concern. The company ceased trading on 28/02/2026 and the directors intend to apply for the company to be struck off and dissolved following the completion of these accounts. All company assets have been disposed of prior to the balance sheet date and no residual value remained. Accordingly, the financial statements reflect a fully wound-down position. The financial statements have therefore been prepared on a break-up basis, with assets stated at nil and liabilities at their expected settlement amounts.

Going concern

The directors have prepared these financial statements on a basis other than going concern. The company ceased trading on 28/02/2026 and the directors intend to apply for the company to be struck off and dissolved following the completion of these accounts.
All company assets have been disposed of prior to the balance sheet date and no residual value remained. Accordingly, the financial statements reflect a fully wound-down position.
The financial statements have therefore been prepared on a break-up basis, with assets stated at nil
and liabilities at their expected settlement amounts.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Straight line (years)
	Office Equipment	4

2.	Average number of employees


		2026		2025
	Average number of employees during the year	1		1

3.	Tangible fixed assets

		Total
		£
	Cost or valuation
	At 01 September 25	4,844
	Disposals	(4,844)
	Depreciation and impairment
	At 01 September 25	1,772
	Charge for year	652
	On disposals	(2,424)
	Net book value
	At 31 May 26	-
	At 31 August 25	3,072