PROTOTYPE PROJECTS LIMITED

Company Registration Number:
03926132 (England and Wales)

Unaudited abridged accounts for the year ended 28 February 2025

Period of accounts

Start date: 01 March 2024

End date: 28 February 2025

PROTOTYPE PROJECTS LIMITED

Contents of the Financial Statements

for the Period Ended 28 February 2025

Balance sheet
Notes

PROTOTYPE PROJECTS LIMITED

Balance sheet

As at 28 February 2025


Notes
2025
2024


£
£
Fixed assets
Tangible assets: 3 1,280,274 1,313,646
Total fixed assets: 1,280,274 1,313,646
Current assets
Stocks: 186,297 230,138
Debtors: 4 227,411 312,106
Cash at bank and in hand: 367,190 903,433
Total current assets: 780,898 1,445,677
Creditors: amounts falling due within one year:   (260,742) (368,609)
Net current assets (liabilities): 520,156 1,077,068
Total assets less current liabilities: 1,800,430 2,390,714
Creditors: amounts falling due after more than one year:   (201,740) (275,435)
Provision for liabilities: (207,959) (243,929)
Total net assets (liabilities): 1,390,731 1,871,350
Capital and reserves
Called up share capital: 200 200
Profit and loss account: 1,390,531 1,871,150
Shareholders funds: 1,390,731 1,871,350

The notes form part of these financial statements

PROTOTYPE PROJECTS LIMITED

Balance sheet statements

For the year ending 28 February 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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

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

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

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 22 May 2025
and signed on behalf of the board by:

Name: J A Pringle
Status: Director

The notes form part of these financial statements

PROTOTYPE PROJECTS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

PROTOTYPE PROJECTS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2025

2. Employees

2025 2024
Average number of employees during the period 30 30

PROTOTYPE PROJECTS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2025

3. Tangible Assets

Total
Cost £
At 01 March 2024 2,592,383
Additions 146,740
Disposals (9,150)
At 28 February 2025 2,729,973
Depreciation
At 01 March 2024 1,278,737
Charge for year 179,399
On disposals (8,437)
At 28 February 2025 1,449,699
Net book value
At 28 February 2025 1,280,274
At 29 February 2024 1,313,646

PROTOTYPE PROJECTS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2025

4. Debtors

2025 2024
££
Debtors due after more than one year: 4,794 6,117