Company registration number 16239480 (England and Wales)
TOM PROUT LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 28 FEBRUARY 2026
PAGES FOR FILING WITH REGISTRAR
TOM PROUT LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
TOM PROUT LIMITED
BALANCE SHEET
AS AT
28 FEBRUARY 2026
28 February 2026
- 1 -
2026
Notes
£
£
Fixed assets
Tangible assets
3
34,957
Current assets
Debtors
4
551
Cash at bank and in hand
52,924
53,475
Creditors: amounts falling due within one year
5
(40,858)
Net current assets
12,617
Total assets less current liabilities
47,574
Provisions for liabilities
(668)
Net assets
46,906
Capital and reserves
Called up share capital
100
Profit and loss reserves
46,806
Total equity
46,906

For the financial period ended 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he member has not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 3 July 2026
Mr TC Prout
Director
Company registration number 16239480 (England and Wales)
TOM PROUT LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 28 FEBRUARY 2026
- 2 -
1
Accounting policies
Company information

Tom Prout Limited is a private company limited by shares incorporated in England and Wales. The registered office is 1st Floor 3 & 4 Cranmere Ct, Lustleigh Close, Matford Business Park, Exeter, Devon, EX2 8PW.

1.1
Reporting period

These accounts cover a thirteen month period, being it's first year of trade. As this is the first year of trade, no comparative figures are available.

1.2
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.3
Revenue

Revenue comprises sales of goods or services provided to customers net of value added tax and other sales taxes, less an appropriate deduction for actual and expected returns and discounts. Revenue is recognised when performance obligations are satisfied and the control of goods or services is transferred to the buyer. Where the performance obligation is satisfied over time, revenue is recognised in accordance with its progress towards complete satisfaction of that performance obligation.

When cash inflows are deferred and represent a financing arrangement, the promised consideration is adjusted for the effects of the time value of money, which is recognised as interest income.

Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that are recover able.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Motor vehicles
25% Reducing Balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.5
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

TOM PROUT LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 28 FEBRUARY 2026
1
Accounting policies
(Continued)
- 3 -
1.6
Financial instruments
Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

1.7
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

1.8
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.9
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

2
Employees

The average monthly number of persons (including directors) employed by the company during the period was:

2026
Number
Total
1
TOM PROUT LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 28 FEBRUARY 2026
- 4 -
3
Tangible fixed assets
Motor vehicles
£
Cost
At 10 February 2025
-
0
Additions
39,427
At 28 February 2026
39,427
Depreciation and impairment
At 10 February 2025
-
0
Depreciation charged in the period
4,470
At 28 February 2026
4,470
Carrying amount
At 28 February 2026
34,957
4
Debtors
2026
Amounts falling due within one year:
£
Other debtors
551
5
Creditors: amounts falling due within one year
2026
£
Taxation and social security
35,477
Other creditors
5,381
40,858
6
Related party transactions
2026
Amounts due to related parties
£
Key management personnel
2,378
2026-02-28 2025-02-10 false false false 03 July 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity Mr T C Prout 16239480 2025-02-10 2026-02-28 16239480 2026-02-28 16239480 core:MotorVehicles 2026-02-28 16239480 core:CurrentFinancialInstruments core:WithinOneYear 2026-02-28 16239480 core:CurrentFinancialInstruments 2026-02-28 16239480 core:ShareCapital 2026-02-28 16239480 core:RetainedEarningsAccumulatedLosses 2026-02-28 16239480 bus:Director1 2025-02-10 2026-02-28 16239480 core:MotorVehicles 2025-02-10 2026-02-28 16239480 core:MotorVehicles 2025-02-09 16239480 bus:PrivateLimitedCompanyLtd 2025-02-10 2026-02-28 16239480 bus:SmallCompaniesRegimeForAccounts 2025-02-10 2026-02-28 16239480 bus:FRS102 2025-02-10 2026-02-28 16239480 bus:AuditExemptWithAccountantsReport 2025-02-10 2026-02-28 16239480 bus:FullAccounts 2025-02-10 2026-02-28 xbrli:pure xbrli:shares iso4217:GBP