Proudcastle Solutions Ltd - Filleted accounts

Registered number

01668551

Proudcastle Solutions Ltd

Filleted Accounts

30 November 2025

Proudcastle Solutions Ltd
Registered number:		01668551
Balance Sheet
as at 30 November 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		235,096			268,955

Current assets
Stocks		88,150			84,550
Debtors	4	613,242			451,315
Cash at bank and in hand		230,344			263,322
		931,736			799,187

Creditors: amounts falling due within one year	5	(437,685)			(374,574)

Net current assets			494,051			424,613

Total assets less current liabilities			729,147			693,568

Creditors: amounts falling due after more than one year	6		(9,069)			(44,286)

Provisions for liabilities			(59,043)			(67,239)


Net assets			661,035			582,043

Capital and reserves
Called up share capital			100			100
Profit and loss account			660,935			581,943

Shareholders' funds			661,035			582,043

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr J Morris
Director
Approved by the board on 5 August 2026

Proudcastle Solutions Ltd
Notes to the Accounts
for the year ended 30 November 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Improvements to property			over 50 years
	Computer equipment			over 3 years
	Plant and machinery			25% reducing balance
	Fixtures & fittings			25% reducing balance
	Motor vehicles			25% reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

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


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					19		18


3	Tangible fixed assets
		Improvements to Property		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 December 2024	32,775		199,153		455,762		687,690
	Additions	-		27,809		9,125		36,934
	Disposals	-		(28,396)		-		(28,396)
	At 30 November 2025	32,775		198,566		464,887		696,228

	Depreciation
	At 1 December 2024	5,904		184,484		228,347		418,735
	Charge for the year	655		9,760		58,945		69,360
	On disposals	-		(26,963)		-		(26,963)
	At 30 November 2025	6,559		167,281		287,292		461,132

	Net book value
	At 30 November 2025	26,216		31,285		177,595		235,096
	At 30 November 2024	26,871		14,669		227,415		268,955


4	Debtors					2025		2024
£							£

	Trade debtors					606,769		441,862
	Other debtors					6,473		9,453
						613,242		451,315


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Obligations under finance lease and hire purchase contracts					35,217		37,419
	Trade creditors					109,082		100,869
	Taxation and social security costs					275,717		220,415
	Other creditors					17,669		15,871
						437,685		374,574


6	Creditors: amounts falling due after one year					2025		2024
£							£

	Obligations under finance lease and hire purchase contracts					9,069		44,286


7	Loans from directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	Mr J Morris
	Directors Loan Account	642		-		(642)		-

	Mr J Walker
	Directors Loan Account	630		-		(630)		-

		1,272		-		(1,272)		-


8	Controlling party

	The company is controlled by Mr J Morris and Mr J Walker by virtue of their shareholdings


9	Other information

	Proudcastle Solutions Ltd is a private company limited by shares and incorporated in England. Its registered office is:

	Unit 1 Brookside Industrial Park
	Ibstock
	Leicestershire
	LE67 6LR