Provanston Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: SC687327

Provanston Ltd

Filleted Unaudited Financial Statements

31 January 2026

Provanston Ltd

Financial Statements

Year ended 31 January 2026

Contents	Page

Chartered accountants report to the board of directors on the preparation of the unaudited statutory financial statements	1

Statement of financial position	2

Notes to the financial statements	3

Provanston Ltd

Chartered Accountants Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of Provanston Ltd

Year ended 31 January 2026

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Provanston Ltd for the year ended 31 January 2026, which comprise the statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us. As a practising member firm of ICAS, we are subject to its ethical and other professional requirements which are detailed at www.icas.com/accountspreparationguidance. This report is made solely to the Board of Directors of Provanston Ltd, as a body. Our work has been undertaken solely to prepare for your approval the financial statements of Provanston Ltd and state those matters that we have agreed to state to you, as a body, in this report in accordance with the requirements of ICAS as detailed at www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Provanston Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Provanston Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Provanston Ltd. You consider that Provanston Ltd is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the financial statements of Provanston Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

GILLILAND & COMPANY Chartered Accountants

216 West George Street Glasgow G2 2PQ

28 October 2026

Provanston Ltd

Statement of Financial Position

31 January 2026

	2026		2025
Note	£	£	£

Fixed assets

Tangible assets	4		17,330	–

Current assets

Cash at bank and in hand	833		683

Creditors: amounts falling due within one year	5	32,830		4,714
		--------		-------
Net current liabilities			31,997	4,031
			--------	-------
Total assets less current liabilities			( 14,667)	( 4,031)
			--------	-------
Net liabilities			( 14,667)	( 4,031)
			--------	-------

Capital and reserves

Called up share capital	100	100
Profit and loss account	( 14,767)	( 4,131)
	--------	-------
Shareholders deficit	( 14,667)	( 4,031)
	--------	-------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

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

These financial statements were approved by the board of directors and authorised for issue on 28 October 2026 , and are signed on behalf of the board by:

Mrs J Mills

Director

Company registration number: SC687327

Provanston Ltd

Notes to the Financial Statements

Year ended 31 January 2026

1. General information

The company is a private company limited by shares, registered in Scotland. The address of the registered office is Provanston Fintry, Balfron, Glasgow, G63 0LP, Scotland.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

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

Going concern

The company is reliant on the support of the directors in order to continue in operational existence and meet its liabilities as they fall due. The directors will continue to support the company and as such the going concern basis is appropriate for the preparation of the accounts.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Leasehold Improvements	-	33% straight line

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.

4. Tangible assets

	Leasehold Improvements
	£
Cost
At 1 February 2025	–
Additions	25,995
	--------
At 31 January 2026	25,995
	--------
Depreciation
At 1 February 2025	–
Charge for the year	8,665
	--------
At 31 January 2026	8,665
	--------
Carrying amount
At 31 January 2026	17,330
	--------
At 31 January 2025	–
	--------

5. Creditors: amounts falling due within one year

	2026	2025
	£	£
Other creditors	32,830	4,714
	--------	-------

6. Directors' advances, credits and guarantees

At the year end the company owed the directors £30,919 (2025: £3,724). This loan is interest free, unsecured and is repayable on demand.

7. Related party transactions

At the year end there is a balance due to a company under common control of £881 (2025: £nil). This loan is interest free, unsecured and is repayable on demand.

8. Controlling party

The company was under the control of the directors for the current and previous year.