Pro Test Panels Ltd

Pro Test Panels Ltd
Contents Page
For the year ended 31 March 2026

Accountants' Report	1
Statement of Financial Position	2
Notes to the Financial Statements	3

Pro Test Panels Ltd Accountants' Report For the year ended 31 March 2026
Accountant’s report You consider that the company is exempt from an audit for the year ended 31 March 2026 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year. In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us. We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts. Hillcrest Accountants & Bookkeepers 31 March 2026 .................................................... Hillcrest Accountants & Bookkeepers Hillcrest, Worms Ash Dodford Bromsgrove B61 9AU 23 September 2026 1

Pro Test Panels Ltd
Accountants' Report
For the year ended 31 March 2026

Accountant’s report
You consider that the company is exempt from an audit for the year ended 31 March 2026 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
Hillcrest Accountants & Bookkeepers
31 March 2026

....................................................

Hillcrest Accountants & Bookkeepers
Hillcrest, Worms Ash
Dodford
Bromsgrove
B61 9AU
23 September 2026

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Pro Test Panels Ltd
Statement of Financial Position
As at 31 March 2026

	Notes	2026 £	2025 £
Fixed assets
Tangible fixed assets	3	10,072	7,050
		10,072	7,050
Current assets
Stocks		30,745	30,630
Debtors		132,199	51,705
Cash at bank and in hand		72,844	241,563
		235,788	323,898
Creditors: amount falling due within one year		(34,048)	(21,073)
Net current assets		201,740	302,825

Total assets less current liabilities		211,812	309,875
Creditors: amount falling due after more than one year		(3,052)	(6,247)
Provisions for liabilities		(467)	(1,988)
Net assets		208,293	301,640

Capital and reserves
Called up share capital		100	100
Profit and loss account		208,193	301,540
Shareholders' funds		208,293	301,640

For the year ended 31 March 2026 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 accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

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

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the director on 23 September 2026 and were signed by:

-------------------------------
Alan James HORSELL
Director

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Pro Test Panels Ltd
Notes to the Abridged Financial Statements
For the year ended 31 March 2026

General Information

Pro Test Panels Ltd is a private company, limited by shares, registered in , registration number 05606770, registration address 38 Padgets Lane, South Moons Moat, Redditch, B98 0RD.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Foreign currencies

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the statement of financial position date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the income statement.

Preference dividends

Where preference shares are classed as liabilities rather than equity any preference dividends paid are included in interest payable and similar charges within the income statement.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Computer Equipment	25 Straight Line
Fixtures and Fittings	10 Straight Line
Plant and Machinery	20 Straight Line
Motor Vehicles	25 Reducing Balance

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 5 (2025 : 5).

3.

Tangible fixed assets

Cost or valuation	Plant and Machinery	Motor Vehicles	Fixtures and Fittings	Computer Equipment	Total
	£	£	£	£	£
At 01 April 2025	31,130	-	5,688	-	36,818
Additions	-	8,170	-	1,008	9,178
Disposals	-	-	-	-	-
At 31 March 2026	31,130	8,170	5,688	1,008	45,996
Depreciation
At 01 April 2025	28,460	-	3,493	-	31,953
Charge for year	2,185	1,191	343	252	3,971
On disposals	-	-	-	-	-
At 31 March 2026	30,645	1,191	3,836	252	35,924
Net book values
Closing balance as at 31 March 2026	485	6,979	1,852	756	10,072
Opening balance as at 01 April 2025	4,855	-	2,195	-	7,050

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