Company Registration No. 12950488 (England and Wales)
PROSPERITY INVESTMENTS LONDON LTD
Unaudited accounts
for the year ended 31 October 2023
PROSPERITY INVESTMENTS LONDON LTD
Unaudited accounts
Contents
PROSPERITY INVESTMENTS LONDON LTD
Company Information
for the year ended 31 October 2023
Directors
SHAHANARA BEGUM
JAMAL UDDIN
Company Number
12950488 (England and Wales)
Registered Office
69 DONALD DRIVE
ROMFORD
RM6 5DU
ENGLAND
PROSPERITY INVESTMENTS LONDON LTD
Statement of financial position
as at 31 October 2023
Tangible assets
740,000
740,000
Cash at bank and in hand
42,548
13,602
Creditors: amounts falling due within one year
(480)
(480)
Net current assets
42,068
13,796
Total assets less current liabilities
782,068
753,796
Creditors: amounts falling due after more than one year
(806,031)
(784,578)
Net liabilities
(23,963)
(30,782)
Called up share capital
2
2
Profit and loss account
(23,965)
(30,784)
Shareholders' funds
(23,963)
(30,782)
For the year ending 31 October 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 22 July 2024 and were signed on its behalf by
JAMAL UDDIN
Director
Company Registration No. 12950488
PROSPERITY INVESTMENTS LONDON LTD
Notes to the Accounts
for the year ended 31 October 2023
PROSPERITY INVESTMENTS LONDON LTD is a private company, limited by shares, registered in England and Wales, registration number 12950488. The registered office is 69 DONALD DRIVE, ROMFORD, RM6 5DU, ENGLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
4
Tangible fixed assets
Land & buildings
At 1 November 2022
740,000
At 31 October 2023
740,000
At 31 October 2023
740,000
At 31 October 2022
740,000
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
PROSPERITY INVESTMENTS LONDON LTD
Notes to the Accounts
for the year ended 31 October 2023
7
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
554,940
554,940
Loans from directors
251,091
229,638
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).