PROPEX HEATING AND LEISURE LTD

PROPEX HEATING AND LEISURE LTD

PROPEX HEATING AND LEISURE LTD - Company Information

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PROPEX HEATING AND LEISURE LTD

Company Registration Number:
02176480 (England and Wales)

Unaudited abridged accounts for the year ended 31 January 2019

Period of accounts

Start date: 01 February 2018

End date: 31 January 2019

PROPEX HEATING AND LEISURE LTD

Contents of the Financial Statements

for the Period Ended 31 January 2019

Balance sheet
Notes

PROPEX HEATING AND LEISURE LTD

Balance sheet

As at 31 January 2019


Notes
2019
2018


£
£
Fixed assets
Tangible assets: 3 59,759 81,936
Total fixed assets: 59,759 81,936
Current assets
Stocks: 263,790 153,780
Debtors:   300,865 341,513
Cash at bank and in hand: 293,688 204,056
Total current assets: 858,343 699,349
Creditors: amounts falling due within one year:   (566,064) (556,804)
Net current assets (liabilities): 292,279 142,545
Total assets less current liabilities: 352,038 224,481
Creditors: amounts falling due after more than one year:   (379) (16,601)
Provision for liabilities: (8,214) (12,000)
Total net assets (liabilities): 343,445 195,880
Capital and reserves
Called up share capital: 600 600
Other reserves: 400 400
Profit and loss account: 342,445 194,880
Shareholders funds: 343,445 195,880

The notes form part of these financial statements

PROPEX HEATING AND LEISURE LTD

Balance sheet statements

For the year ending 31 January 2019 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 17 October 2019
and signed on behalf of the board by:

Name: D Elliott
Status: Director

The notes form part of these financial statements

PROPEX HEATING AND LEISURE LTD

Notes to the Financial Statements

for the Period Ended 31 January 2019

1. Accounting policies

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

PROPEX HEATING AND LEISURE LTD

Notes to the Financial Statements

for the Period Ended 31 January 2019

2. Employees

2019 2018
Average number of employees during the period 8 7

PROPEX HEATING AND LEISURE LTD

Notes to the Financial Statements

for the Period Ended 31 January 2019

3. Tangible Assets

Total
Cost £
At 01 February 2018 200,355
Additions 2,548
Disposals (23,695)
At 31 January 2019 179,208
Depreciation
At 01 February 2018 118,419
Charge for year 16,187
On disposals (15,157)
At 31 January 2019 119,449
Net book value
At 31 January 2019 59,759
At 31 January 2018 81,936