PROSIGHT TRADE NETWORK LIMITED

PROSIGHT TRADE NETWORK LIMITED

PROSIGHT TRADE NETWORK LIMITED - Company Information

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PROSIGHT TRADE NETWORK LIMITED

Company Registration Number:
SC577068 (Scotland)

Unaudited abridged accounts for the year ended 30 September 2020

Period of accounts

Start date: 01 October 2019

End date: 30 September 2020

PROSIGHT TRADE NETWORK LIMITED

Contents of the Financial Statements

for the Period Ended 30 September 2020

Balance sheet
Notes

PROSIGHT TRADE NETWORK LIMITED

Balance sheet

As at 30 September 2020


Notes
2020
2019


£
£
Fixed assets
Intangible assets: 3 262,990 221,000
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 262,990 221,000
Current assets
Stocks: 647,066 409,000
Debtors:   216,997 98,000
Cash at bank and in hand: 643,094 500,098
Investments:   0 0
Total current assets: 1,507,157 1,007,098
Creditors: amounts falling due within one year:   (24,000) 0
Net current assets (liabilities): 1,483,157 1,007,098
Total assets less current liabilities: 1,746,147 1,228,098
Creditors: amounts falling due after more than one year:   (108,000) (45,000)
Provision for liabilities: 0 0
Total net assets (liabilities): 1,638,147 1,183,098
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 1,638,145 1,183,096
Shareholders funds: 1,638,147 1,183,098

The notes form part of these financial statements

PROSIGHT TRADE NETWORK LIMITED

Balance sheet statements

For the year ending 30 September 2020 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 07 November 2020
and signed on behalf of the board by:

Name: Amanda Reid
Status: Director

The notes form part of these financial statements

PROSIGHT TRADE NETWORK LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2020

1. Accounting policies

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

PROSIGHT TRADE NETWORK LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2020

2. Employees

2020 2019
Average number of employees during the period 6 6

PROSIGHT TRADE NETWORK LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2020

3. Intangible Assets

Total
Cost £
At 01 October 2019 221,000
Additions 64,000
Disposals (8,000)
Revaluations 0
Transfers 0
At 30 September 2020 277,000
Amortisation
At 01 October 2019 0
Charge for year 14,010
At 30 September 2020 14,010
Net book value
At 30 September 2020 262,990
At 30 September 2019 221,000