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 2020

Period of accounts

Start date: 01 February 2019

End date: 31 January 2020

PROPEX HEATING AND LEISURE LTD

Contents of the Financial Statements

for the Period Ended 31 January 2020

Balance sheet
Notes

PROPEX HEATING AND LEISURE LTD

Balance sheet

As at 31 January 2020


Notes
2020
2019


£
£
Fixed assets
Tangible assets: 3 94,402 59,759
Total fixed assets: 94,402 59,759
Current assets
Stocks: 265,852 263,790
Debtors:   273,069 300,865
Cash at bank and in hand: 297,782 293,688
Total current assets: 836,703 858,343
Creditors: amounts falling due within one year: 4 (495,456) (566,064)
Net current assets (liabilities): 341,247 292,279
Total assets less current liabilities: 435,649 352,038
Creditors: amounts falling due after more than one year:     (379)
Provision for liabilities: (17,219) (8,214)
Total net assets (liabilities): 418,430 343,445
Capital and reserves
Called up share capital: 600 600
Other reserves: 400 400
Profit and loss account: 417,430 342,445
Shareholders funds: 418,430 343,445

The notes form part of these financial statements

PROPEX HEATING AND LEISURE LTD

Balance sheet statements

For the year ending 31 January 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 24 October 2020
and signed on behalf of the board by:

Name: DA 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 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

PROPEX HEATING AND LEISURE LTD

Notes to the Financial Statements

for the Period Ended 31 January 2020

2. Employees

2020 2019
Average number of employees during the period 8 8

PROPEX HEATING AND LEISURE LTD

Notes to the Financial Statements

for the Period Ended 31 January 2020

3. Tangible Assets

Total
Cost £
At 01 February 2019 179,208
Additions 54,785
At 31 January 2020 233,993
Depreciation
At 01 February 2019 119,449
Charge for year 20,142
At 31 January 2020 139,591
Net book value
At 31 January 2020 94,402
At 31 January 2019 59,759

PROPEX HEATING AND LEISURE LTD

Notes to the Financial Statements

for the Period Ended 31 January 2020

4. Creditors: amounts falling due within one year note

Included in creditors is an amount of £4666 (2019: £16225) secured on the assets of the company.