PROPEX HEATING AND LEISURE LTD

Company Registration Number:
02176480 (England and Wales)

Unaudited abridged accounts for the year ended 31 January 2023

Period of accounts

Start date: 01 February 2022

End date: 31 January 2023

PROPEX HEATING AND LEISURE LTD

Contents of the Financial Statements

for the Period Ended 31 January 2023

Balance sheet
Notes

PROPEX HEATING AND LEISURE LTD

Balance sheet

As at 31 January 2023


Notes

2023

2022


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 78,377 118,520
Investments: 4 15,075 0
Total fixed assets: 93,452 118,520
Current assets
Stocks: 491,195 581,397
Debtors:   283,008 407,258
Cash at bank and in hand: 580,339 421,358
Total current assets: 1,354,542 1,410,013
Creditors: amounts falling due within one year:   (388,666) (568,805)
Net current assets (liabilities): 965,876 841,208
Total assets less current liabilities: 1,059,328 959,728
Creditors: amounts falling due after more than one year:     (4,979)
Provision for liabilities: (17,110) (17,110)
Total net assets (liabilities): 1,042,218 937,639
Capital and reserves
Called up share capital: 600 600
Other reserves: 400 400
Profit and loss account: 1,041,218 936,639
Shareholders funds: 1,042,218 937,639

The notes form part of these financial statements

PROPEX HEATING AND LEISURE LTD

Balance sheet statements

For the year ending 31 January 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.

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 21 October 2023
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 2023

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 2023

2. Employees

2023 2022
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 2023

3. Tangible Assets

Total
Cost £
At 01 February 2022 315,224
Additions 1,396
Disposals (20,078)
At 31 January 2023 296,542
Depreciation
At 01 February 2022 196,704
Charge for year 31,499
On disposals (10,038)
At 31 January 2023 218,165
Net book value
At 31 January 2023 78,377
At 31 January 2022 118,520

PROPEX HEATING AND LEISURE LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

4. Fixed investments

Shares in subsidiaries