1 April 2022 false No description of principal activity Taxfiler 2023.9 11919516business:PrivateLimitedCompanyLtd2022-04-012023-03-31 119195162022-03-31 119195162022-04-012023-03-31 11919516business:AuditExempt-NoAccountantsReport2022-04-012023-03-31 11919516business:FilletedAccounts2022-04-012023-03-31 119195162023-03-31 11919516business:Director12022-04-012023-03-31 11919516business:Director22022-04-012023-03-31 11919516business:RegisteredOffice2022-04-012023-03-31 119195162022-03-31 11919516core:WithinOneYear2023-03-31 11919516core:WithinOneYear2022-03-31 11919516core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 11919516core:ShareCapitalcore:PreviouslyStatedAmount2022-03-31 11919516core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 11919516core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-03-31 11919516core:PreviouslyStatedAmount2023-03-31 11919516core:PreviouslyStatedAmount2022-03-31 11919516business:SmallEntities2022-04-012023-03-31 11919516countries:EnglandWales2022-04-012023-03-31 11919516core:PlantMachinery2022-04-012023-03-31 11919516core:ComputerEquipment2022-04-012023-03-31 11919516core:PlantMachinery2022-03-31 11919516core:ComputerEquipment2022-03-31 11919516core:PlantMachinery2023-03-31 11919516core:ComputerEquipment2023-03-31 119195162021-04-012022-03-31 iso4217:GBP xbrli:pure
Company Registration No. 11919516 (England and Wales)
PROPERLY EXPOSED LTD Unaudited accounts for the year ended 31 March 2023
PROPERLY EXPOSED LTD Unaudited accounts Contents
Page
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PROPERLY EXPOSED LTD Company Information for the year ended 31 March 2023
Directors
Petko SLAVOV Uliana SLAVOVA
Company Number
11919516 (England and Wales)
Registered Office
65 GANTSHILL CRESCENT ILFORD IG2 6TS UNITED KINGDOM
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PROPERLY EXPOSED LTD Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,633 
2,695 
Current assets
Debtors
9,711 
19,818 
Cash at bank and in hand
52,873 
12,766 
62,584 
32,584 
Creditors: amounts falling due within one year
(63,463)
(34,699)
Net current liabilities
(879)
(2,115)
Net assets
754 
580 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
654 
480 
Shareholders' funds
754 
580 
For the year ending 31 March 2023 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 directors acknowledge their 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 of Directors and authorised for issue on 4 July 2023 and were signed on its behalf by
Petko SLAVOV Director Company Registration No. 11919516
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PROPERLY EXPOSED LTD Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
PROPERLY EXPOSED LTD is a private company, limited by shares, registered in England and Wales, registration number 11919516. The registered office is 65 GANTSHILL CRESCENT, ILFORD, IG2 6TS, UNITED KINGDOM.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
25%
Computer equipment
50%
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2022
1,130 
2,632 
3,762 
Additions
716 
- 
716 
At 31 March 2023
1,846 
2,632 
4,478 
Depreciation
At 1 April 2022
847 
220 
1,067 
Charge for the year
462 
1,316 
1,778 
At 31 March 2023
1,309 
1,536 
2,845 
Net book value
At 31 March 2023
537 
1,096 
1,633 
At 31 March 2022
283 
2,412 
2,695 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
9,711 
19,818 
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PROPERLY EXPOSED LTD Notes to the Accounts for the year ended 31 March 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
3,126 
3,986 
Trade creditors
7,810 
11,525 
Taxes and social security
9,747 
12,065 
Other creditors
1,480 
2,497 
Loans from directors
41,300 
4,626 
63,463 
34,699 
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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