Prosper Home Loans Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 05813247 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2026

FOR

PROSPER HOME LOANS LIMITED

Page

Statement of Financial Position

1

Notes to the Financial Statements

3

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

428,945

427,437

428,945

427,437

CURRENT ASSETS

Debtors

6

1,985,175

1,530,846

Cash at bank

111,604

48,866

2,096,779

1,579,712

CREDITORS

Amounts falling due within one year

7

729,672

577,184

NET CURRENT ASSETS

1,367,107

1,002,528

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,796,052

1,429,965

CREDITORS

Amounts falling due after more than one year

8

(183,530

)

(195,710

)

PROVISIONS FOR LIABILITIES

10

(4,411

)

(4,034

)

NET ASSETS

1,608,111

1,230,221

CAPITAL AND RESERVES

Called up share capital

11

300

Retained earnings

1,607,811

1,229,921

SHAREHOLDERS' FUNDS

1,608,111

1,230,221

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 August 2026 and were signed by:

Mr P C McMath - Director

1.	STATUTORY INFORMATION

Prosper Home Loans Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

05813247

Registered office:

60 Sedlescombe Road North

St Leonards on Sea

East Sussex

TN37 7DT

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 represents net invoiced sales of services, excluding value added tax.

GOODWILL

Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of ten years.

INTANGIBLE ASSETS

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

TANGIBLE FIXED ASSETS

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

Freehold property

-

NIL

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

33% on cost

TAXATION

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

DEFERRED TAX

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 6 (2025 - 8 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

Cost

At 1 June 2025

and 31 May 2026

91,000

Amortisation

At 1 June 2025

and 31 May 2026

91,000

Net book value

At 31 May 2026

-

At 31 May 2025

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Computer

property

machinery

fittings

equipment

Totals

£

Cost

At 1 June 2025

411,301

41,084

35,491

43,799

531,675

Additions

-

1,827

674

3,820

6,321

At 31 May 2026

411,301

42,911

36,165

47,619

537,996

Depreciation

At 1 June 2025

-

34,289

28,325

41,624

104,238

Charge for year

-

1,989

1,115

1,709

4,813

At 31 May 2026

-

36,278

29,440

43,333

109,051

Net book value

At 31 May 2026

411,301

6,633

6,725

4,286

428,945

At 31 May 2025

411,301

6,795

7,166

2,175

427,437

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Other debtors

1,985,175

1,530,846

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Bank loans and overdrafts (see note 9)

30,479

32,277

Trade creditors

195

1,007

Taxation and social security

156,216

14,592

Other creditors

542,782

529,308

729,672

577,184

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2026

2025

£

Bank loans (see note 9)

183,530

195,710

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

61,613

66,602

9.

LOANS

An analysis of the maturity of loans is given below:

2026

2025

£

Amounts falling due within one year or on demand:

Bank loans

30,479

32,277

Amounts falling due between one and two years:

Bank loans - 1-2 years

30,479

32,277

Amounts falling due between two and five years:

Bank loans - 2-5 years

91,438

96,831

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

61,613

66,602

10.	PROVISIONS FOR LIABILITIES

2026

2025

£

Deferred tax

4,411

4,034

Deferred

tax

£

Balance at 1 June 2025

4,034

Provided during year

377

Balance at 31 May 2026

4,411

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

100

Ordinary

£1

100

Non Voting Preference

£1

100

Ordinary A & B (A: 60, B: 40)

£1

100

300