0 01/11/2024 31/10/2025 2025-10-31 false false false false false false false true false false true false false false false false false false No description of principal activities is disclosed 2024-11-01 Sage Accounts Production 24.0 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 09268372 2024-11-01 2025-10-31 09268372 2025-10-31 09268372 2024-10-31 09268372 2023-11-01 2024-10-31 09268372 2024-10-31 09268372 2023-10-31 09268372 bus:Director1 2024-11-01 2025-10-31 09268372 core:WithinOneYear 2025-10-31 09268372 core:WithinOneYear 2024-10-31 09268372 core:ShareCapital 2025-10-31 09268372 core:ShareCapital 2024-10-31 09268372 core:RetainedEarningsAccumulatedLosses 2025-10-31 09268372 core:RetainedEarningsAccumulatedLosses 2024-10-31 09268372 core:CostValuation core:Non-currentFinancialInstruments 2025-10-31 09268372 core:Non-currentFinancialInstruments 2025-10-31 09268372 core:Non-currentFinancialInstruments 2024-10-31 09268372 bus:SmallEntities 2024-11-01 2025-10-31 09268372 bus:AuditExempt-NoAccountantsReport 2024-11-01 2025-10-31 09268372 bus:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 09268372 bus:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 09268372 bus:FullAccounts 2024-11-01 2025-10-31
Company registration number: 09268372
PROFESSIONAL SHARE LTD
Unaudited filleted financial statements
31 October 2025
PROFESSIONAL SHARE LTD
Contents
Statement of financial position
Notes to the financial statements
PROFESSIONAL SHARE LTD
Statement of financial position
31 October 2025
2025 2024
Note £ £ £ £
Fixed assets
Investments 4 90 90
_______ _______
90 90
Current assets
Debtors 5 827 1,508
Cash at bank and in hand 1,056 5,763
_______ _______
1,883 7,271
Creditors: amounts falling due
within one year 6 ( 34,351) ( 19,824)
_______ _______
Net current liabilities ( 32,468) ( 12,553)
_______ _______
Total assets less current liabilities ( 32,378) ( 12,463)
_______ _______
Net liabilities ( 32,378) ( 12,463)
_______ _______
Capital and reserves
Called up share capital 180 180
Profit and loss account ( 32,558) ( 12,643)
_______ _______
Shareholders deficit ( 32,378) ( 12,463)
_______ _______
For the year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's 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 director acknowledges their responsibilities for complying with the requirements of the Act 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 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 income statement has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 20 July 2026 , and are signed on behalf of the board by:
Mr S Buhour
Director
Company registration number: 09268372
PROFESSIONAL SHARE LTD
Notes to the financial statements
Year ended 31 October 2025
1. General information
The company is a private company limited by shares, registered in England. The address of the registered office is 28 Delaware Road, Styvechale, Coventry, West Midlands, CV3 6LX.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Consolidation
The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Fixed asset investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses. Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
4. Investments
Shares in group undertakings and participating interests Total
£ £
Cost
At 1 November 2024 and 31 October 2025 90 90
_______ _______
Impairment
At 1 November 2024 and 31 October 2025 - -
_______ _______
Carrying amount
At 31 October 2025 90 90
_______ _______
At 31 October 2024 90 90
_______ _______
Details of the investments above in which the company holds 20% or more of the nominal value of any
class of share capital are as follows;
Professional Share One Ltd (in liquidation)
Company number: 09279301
Registered office address: 11 Roman Way Business Centre, Berry Hill, Droitwich Spa, Worcestershire, WR9 9AJ
Proportion of voting rights and shares held: 100% (2024:100%).
5. Debtors
2025 2024
£ £
Amounts owed by group undertakings and undertakings in which the company has a participating interest 827 -
Other debtors - 1,508
_______ _______
827 1,508
_______ _______
6. Creditors: amounts falling due within one year
2025 2024
£ £
Bank loans and overdrafts 8 -
Amounts owed to group undertakings and undertakings in which the company has a participating interest 5,603 7,652
Other creditors 28,740 12,172
_______ _______
34,351 19,824
_______ _______
7. Controlling party
The company is controlled by Worldbasics & Cos Ltd (company number 08480571) by virtue of its shareholding in the company.