REGISTERED NUMBER: 09278333 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 October 2025

for

ProSpare Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr D P Bullock

Mr J A Bullock

Mrs A H Barry

Mr S J Wing

Mr T J Bullock

SECRETARY:

Mr D P Bullock

REGISTERED OFFICE:

Unit 1 Castlewood Business Park

Farmwell Lane

Sutton-in-Ashfield

Nottingham

Nottinghamshire

NG17 1BX

REGISTERED NUMBER:

09278333 (England and Wales)

ACCOUNTANTS:

Mellor Oxland LLP

Hine House

25 Regent Street

Nottingham

Nottinghamshire

NG1 5BS

FIXED ASSETS

Tangible assets

4

147,516

150,699

CURRENT ASSETS

Debtors

5

738,054

788,571

Cash at bank

582,836

561,382

1,320,890

1,349,953

CREDITORS

Amounts falling due within one year

6

198,601

297,405

NET CURRENT ASSETS

1,122,289

1,052,548

TOTAL ASSETS LESS CURRENT LIABILITIES

1,269,805

1,203,247

PROVISIONS FOR LIABILITIES

29,923

26,344

NET ASSETS

1,239,882

1,176,903

CAPITAL AND RESERVES

Called up share capital

100,000

100,000

Retained earnings

1,139,882

1,076,903

SHAREHOLDERS' FUNDS

1,239,882

1,176,903

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 29 July 2026 and were signed on its behalf by:

Mr D P Bullock - Director

1.	STATUTORY INFORMATION

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

The presentation currency of the financial statements is the Pound Sterling (£).

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Plant and machinery etc

-

10% on cost and at varying rates on cost

Taxation

Taxation for the year comprises current and deferred 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 or deferred 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2024 - 16 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

to

Plant and

property

machinery

Totals

£

£

£

COST

At 1 November 2024

241,033

201,080

442,113

Additions

-

44,367

44,367

Disposals

-

(39,795

)

(39,795

)

At 31 October 2025

241,033

205,652

446,685

DEPRECIATION

At 1 November 2024

131,951

159,463

291,414

Charge for year

14,140

21,803

35,943

Eliminated on disposal

-

(28,188

)

(28,188

)

At 31 October 2025

146,091

153,078

299,169

NET BOOK VALUE

At 31 October 2025

94,942

52,574

147,516

At 31 October 2024

109,082

41,617

150,699

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

726,888

630,563

Other debtors

11,166

158,008

738,054

788,571

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

21,425

18,727

Taxation and social security

81,930

185,232

Other creditors

95,246

93,446

198,601

297,405

7.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

12,617

19,222

Between one and five years

8,689

24,609

21,306

43,831