PROPIO JEFE LIMITED

Company Registration Number:
10897167 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2023

Period of accounts

Start date: 01 September 2022

End date: 31 August 2023

PROPIO JEFE LIMITED

Contents of the Financial Statements

for the Period Ended 31 August 2023

Company Information - 3
Report of the Directors - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 11

PROPIO JEFE LIMITED

Company Information

for the Period Ended 31 August 2023




Director: EMMANUEL KONADU-TAWIAH
Registered office: 144
Camberwell Road
London
England
SE5 0EE
Company Registration Number: 10897167 (England and Wales)

PROPIO JEFE LIMITED

Directors' Report Period Ended 31 August 2023

The directors present their report with the financial statements of the company for the period ended 31 August 2023

Principal Activities

The principal activity of the company was manufacturing and sale of other men’s outerwear and other non classified valuables.

Directors

The director(s) shown below were appointed to the company during the period
EMMANUEL KONADU-TAWIAH
01 September 2022

This report was approved by the board of directors on 14 October 2023
And Signed On Behalf Of The Board By:

Name: EMMANUEL KONADU-TAWIAH
Status: Director

PROPIO JEFE LIMITED

Balance sheet

As at 31 August 2023


Notes

2023
£

2022
£
Fixed assets
Intangible assets: 5 9,000 15,400
Tangible assets: 6 4,123 1,980
Total fixed assets: 13,123 17,380
Current assets
Stocks: 19,456 29,205
Debtors: 7 2,715 3,290
Cash at bank and in hand: 9,760 1,800
Total current assets: 31,931 34,295
Creditors: amounts falling due within one year: 8 ( 2,691 ) ( 4,196 )
Net current assets (liabilities): 29,240 30,099
Total assets less current liabilities: 42,363 47,479
Creditors: amounts falling due after more than one year: 9 ( 35,023 ) ( 46,020 )
Total net assets (liabilities): 7,340 1,459

The notes form part of these financial statements

PROPIO JEFE LIMITED

Balance sheet continued

As at 31 August 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 7,339 1,458
Shareholders funds: 7,340 1,459

For the year ending 31 August 2023 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.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 14 October 2023
And Signed On Behalf Of The Board By:

Name: EMMANUEL KONADU-TAWIAH
Status: Director

The notes form part of these financial statements

PROPIO JEFE LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2023

  • 1. Accounting policies

    Basis of measurement and preparation

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

    Turnover policy

    Turnover represents net invoiced services, excluding valued added tax (VAT).

    Tangible fixed assets depreciation policy

    Tangible fixed assets depreciation policy
    Tangible fixed assets depreciation policy
    Tangible fixed assets depreciation policy
    Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
    Plant and Machinery - 10% on reducing balance basis
    Fixtures and Fittings - 10% on reducing balance basis
    Computer Equipment - 10% on reducing balance basis

PROPIO JEFE LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 1 1

PROPIO JEFE LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2023

  • 3. Off balance sheet disclosure

    No

PROPIO JEFE LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2023

4. Dividends


2023
£

2022
£
Dividends paid 7,339 1,458

PROPIO JEFE LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2023

5. Intangible assets

Other Total
Cost £ £
At 01 September 2022 15,400 15,400
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 August 2023 15,400 15,400
Amortisation
Amortisation at 01 September 2022 - -
Charge for year - -
On disposals - -
Other adjustments 6,400 6,400
Amortisation at 31 August 2023 6,400 6,400
Net book value
Net book value at 31 August 2023 9,000 9,000
Net book value at 31 August 2022 15,400 15,400

PROPIO JEFE LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2023

6. Tangible assets

Fixtures & fittings Office equipment Total
Cost £ £ £
At 01 September 2022 1,188 792 1,980
Additions 2,000 600 2,600
Disposals - - -
Revaluations - - -
Transfers - - -
At 31 August 2023 3,188 1,392 4,580
Depreciation
At 01 September 2022 - - -
Charge for year 318 139 457
On disposals - - -
Other adjustments - - -
At 31 August 2023 318 139 457
Net book value
At 31 August 2023 2,870 1,253 4,123
At 31 August 2022 1,188 792 1,980

PROPIO JEFE LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2023

7. Debtors


2023
£

2022
£
Other debtors 2,715 3,290
Total 2,715 3,290

PROPIO JEFE LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2023

8.Creditors: amounts falling due within one year note


2023
£

2022
£
Taxation and social security 1,721 342
Other creditors 970 3,854
Total 2,691 4,196

PROPIO JEFE LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2023

9.Creditors: amounts falling due after more than one year


2023
£

2022
£
Bank loans and overdrafts 35,023 46,020
Total 35,023 46,020