Company Registration No. 12285527 (England and Wales)
PROVEST CORPORATION LIMITED
Unaudited accounts
for the year ended 31 October 2021
PROVEST CORPORATION LIMITED
Unaudited accounts
Contents
PROVEST CORPORATION LIMITED
Company Information
for the year ended 31 October 2021
Company Number
12285527 (England and Wales)
Registered Office
SUITE 7, 115, BRUCE BUILDING PERCY STREE
NEWCASTLE
NE1 7RY
ENGLAND
PROVEST CORPORATION LIMITED
Statement of financial position
as at 31 October 2021
Creditors: amounts falling due within one year
(474,740)
4
Net current (liabilities)/assets
(474,740)
4
Net (liabilities)/assets
(36,512)
4
Called up share capital
4
4
Profit and loss account
(36,516)
-
Shareholders' funds
(36,512)
4
For the year ending 31 October 2021 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 25 January 2023 and were signed on its behalf by
Kok Ho Tan
Director
Company Registration No. 12285527
PROVEST CORPORATION LIMITED
Notes to the Accounts
for the year ended 31 October 2021
PROVEST CORPORATION LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12285527. The registered office is SUITE 7, 115, BRUCE BUILDING PERCY STREE, NEWCASTLE, NE1 7RY, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings
At 31 October 2021
438,228
At 31 October 2021
438,228
5
Creditors: amounts falling due within one year
2021
2020
Loans from directors
474,020
(4)
6
Average number of employees
During the year the average number of employees was 0 (2020: 0).