Proven Vct PLC
Public Limited Company · London
ActiveUnited KingdomIncorporated 2000Public Limited Company
Financial position
Accounts to 2026-02-28 · GBP · Company accounts
Net assets
—
Cash
£61,000
Turnover
—
Profit / loss
—
Current assets
£40,425,000
Creditors < 1 year
£248,000
Equity
£173,488,000
Average employees
Not available
Balance-sheet trend
GBP · companyFinancial statements
Selected figures from the best-ranked available filing for each period. Missing values remain unknown.
Some figures were read by AI from scanned accounts, so small errors are possible. View the filed accounts
| Reported figures | 2026-02-28Company · AI-read | 2025-02-28Company · AI-read |
|---|---|---|
| Balance sheet | ||
| Equity | £173,488,000 | £168,981,000 |
| Share capital | £28,652,000 | £26,867,000 |
| Retained earnings | −£5,292,000 | −£5,598,000 |
| Assets | ||
| Fixed assets | £133,311,000 | £128,410,000 |
| Investments | £133,311,000 | £128,410,000 |
| Current assets | £40,425,000 | £40,910,000 |
| Cash at bank | £61,000 | £94,000 |
| Debtors | £3,723,000 | £1,339,000 |
| Liabilities | ||
| Creditors within one year | £248,000 | £339,000 |
| Net current assets | £40,177,000 | £40,571,000 |
| Assets less current liabilities | £173,488,000 | £168,981,000 |
| Operating costs | ||
| Audit fees | £82,000 | £82,000 |
| People & pay | ||
| Social security costs | £15,000 | £12,000 |
| Directors' remuneration | £115,000 | £125,000 |
| Source evidence | View filing | View filing |
From the accounts
What the accounts for 2026-02-28 say about themselves, read by AI from the scanned filing.
- Auditor
- BDO LLP
- Audit opinion
- Clean (unmodified)
- Accounts
- FRS 102
- Approved
- 2026-06-02, signed by Neal Ransome
Related parties (8)
- Beringea LLP · Investment manager; related party because Malcolm Moss was a director and a partner of Beringea LLP · Investment management services · £3,568,000 (2025: £3,459,000)
- Beringea LLP · Investment manager · Amount owed at year end · £nil (2025: £nil)
- Beringea LLP · Investment manager · Performance incentive fee payable · £nil (2025: £nil)
- Beringea LLP · Arrangement fees; directors and monitoring fees payable by investee companies · Arrangement fees payable to Beringea LLP · £54,000 (2025: £200,000)
- Beringea LLP · Administration Manager · Directors and monitoring fees across ProVen VCT Plc and ProVen Growth and Income VCT Plc · £680,000 (2025: £663,000)
- Beringea LLP · Administration Manager · Administration Manager fees · £212,000 (2025: £206,000); £nil remained outstanding at year end (2025: £nil)
- Directors of the Company · Directors · Remuneration for services provided to the Company · £115,000 (2025: £125,000); no amount outstanding at year end (2025: £nil)
- Beringea LLP · Promoter · Promoter fees · £434,000 (2025: £312,000)
Share classes (1)
- 302,634,198 Ordinary Shares
Events after the year end (4)
- Between 28 February 2026 and the date of the Annual Report & Accounts, the Company issued 16,109,542 Ordinary Shares for an aggregate consideration of £10.3 million under the combined offer for subscription with ProVen Growth and Income VCT plc launched on 17 November 2025; share issue costs were £0.4 million.
- Since the year end, the Company made one follow-on investment; in April 2026, £1.5 million was invested into MOTH.
- Since the year end, the Company exited its investment in AccessPay with total proceeds of £5.0 million realised.
- Since the year end, the Company completed the winding up of Monmouth Holdings Limited, an investee company wholly owned by the Company but not consolidated.
Secured borrowing
Registered charges, lenders and security interests.
Charges and related records
0 outstanding chargesNo charges available in our records.