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Registered number: 09321819









PROGRESSION FINANCE LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2025

 
PROGRESSION FINANCE LIMITED
REGISTERED NUMBER: 09321819

BALANCE SHEET
AS AT 31 DECEMBER 2025

2025
2024
Note
£
£

Fixed assets
  

Tangible assets
  
2,911
2,930

  
2,911
2,930

Current assets
  

Debtors
  
127,238
113,789

Cash at bank and in hand
  
24,843
32,405

  
152,081
146,194

Creditors: amounts falling due within one year
  
(108,921)
(67,116)

Net current assets
  
43,160
79,078

Net assets
  
46,071
82,008


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
45,971
81,908

  
46,071
82,008


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PROGRESSION FINANCE LIMITED
REGISTERED NUMBER: 09321819
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2025

Notes


General information

Progression Finance Limited is a private limited company limited by share capital, incorporated in England and Wales, registration number 09321819. The address of the registered office is 55 Chislehurst Road, Chislehurst, Kent, United Kingdom, BR7 5NP.


Average number of employees

The average monthly number of employees, including directors, during the year was 2 (2024 - 2).


Directors' benefits: advances, credits and guarantees

At the balance sheet date is an amount owed to the director Daryl Thorpe of £36,388 (2024: £1,239 owed by) in the form of a loan. The loan is interest free and repayable on demand.

At the balance sheet date is an amount owed by the director Deborah Thorpe of £Nil (2024: £5,055) in the form of a loan. The loan is interest free and repayable on demand.


Directors' confirmations

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared in accordance with the provisions applicable to entities subject to the micro-entities' regime.


The financial statements were approved and authorised for issue by the board and were signed on its behalf on 29 September 2026.



................................................
Daryl Michael Thorpe
Director

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PROGRESSION FINANCE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025

1.Accounting policies

 
1.1

Going concern

The financial statements have been prepared on a going concern basis as the directors believe adequate resources exist to enable it to meet its working capital requirements for at least the next twelve months.

 
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