Prosser Safety Consultants Limited - Accounts to registrar (filleted) - small 23.1.2

REGISTERED NUMBER: 04715777 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2023

for

Prosser Safety Consultants Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

A S Prosser

SECRETARY:

Ms S N Moran

REGISTERED OFFICE:

Hazlemere

70 Chorley New Road

Bolton

Lancashire

BL1 4BY

REGISTERED NUMBER:

04715777 (England and Wales)

ACCOUNTANTS:

DonnellyBentley Limited

Chartered Accountants

Hazlemere

70 Chorley New Road

Bolton

Lancashire

BL1 4BY

FIXED ASSETS

Tangible assets

4

207

473

CURRENT ASSETS

Debtors

5

31,628

33,794

Cash at bank

91,845

102,517

123,473

136,311

CREDITORS

Amounts falling due within one year

6

(53,478

)

(60,050

)

NET CURRENT ASSETS

69,995

76,261

TOTAL ASSETS LESS CURRENT LIABILITIES

70,202

76,734

CAPITAL AND RESERVES

Called up share capital

7

1

1

Retained earnings

70,201

76,733

SHAREHOLDERS' FUNDS

70,202

76,734

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 May 2023 and were signed by:

A S Prosser - Director

1.	STATUTORY INFORMATION

Prosser Safety Consultants Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents net invoiced sales of goods and services, including the flat rate VAT adjustment.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 April 2022

and 31 March 2023

2,301

783

3,084

DEPRECIATION

At 1 April 2022

2,189

422

2,611

Charge for year

29

237

266

At 31 March 2023

2,218

659

2,877

NET BOOK VALUE

At 31 March 2023

83

124

207

At 31 March 2022

112

361

473

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

£

£

Trade debtors

31,628

33,794

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

£

£

Tax

8,048

11,936

VAT

9,982

8,116

Directors' current accounts

34,145

38,800

Accrued expenses

1,303

1,198

53,478

60,050

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2023

2022

value:

£

£

1

Ordinary

£1

1

1