PROPITEER CONSTRUCTION LIMITED

Company Registration Number:
11110762 (England and Wales)

Unaudited statutory accounts for the year ended 28 June 2023

Period of accounts

Start date: 29 June 2022

End date: 28 June 2023

PROPITEER CONSTRUCTION LIMITED

Contents of the Financial Statements

for the Period Ended 28 June 2023

Balance sheet
Additional notes
Balance sheet notes

PROPITEER CONSTRUCTION LIMITED

Balance sheet

As at 28 June 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 54,005 26,679
Total fixed assets: 54,005 26,679
Current assets
Debtors: 4 2,284,426 1,405,567
Cash at bank and in hand: 45,672 4,451
Total current assets: 2,330,098 1,410,018
Creditors: amounts falling due within one year: 5 ( 2,043,244 ) ( 1,317,660 )
Net current assets (liabilities): 286,854 92,358
Total assets less current liabilities: 340,859 119,037
Creditors: amounts falling due after more than one year: 6 ( 234,532 )
Total net assets (liabilities): 106,327 119,037
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 106,227 118,937
Total Shareholders' funds: 106,327 119,037

The notes form part of these financial statements

PROPITEER CONSTRUCTION LIMITED

Balance sheet statements

For the year ending 28 June 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 23 August 2024
and signed on behalf of the board by:

Name: Colin Sandy
Status: Director

The notes form part of these financial statements

PROPITEER CONSTRUCTION LIMITED

Notes to the Financial Statements

for the Period Ended 28 June 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

PROPITEER CONSTRUCTION LIMITED

Notes to the Financial Statements

for the Period Ended 28 June 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 2 3

PROPITEER CONSTRUCTION LIMITED

Notes to the Financial Statements

for the Period Ended 28 June 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 29 June 2022 52,239 52,239
Additions 40,386 40,386
Disposals
Revaluations
Transfers
At 28 June 2023 92,625 92,625
Depreciation
At 29 June 2022 25,560 25,560
Charge for year 13,060 13,060
On disposals
Other adjustments
At 28 June 2023 38,620 38,620
Net book value
At 28 June 2023 54,005 54,005
At 28 June 2022 26,679 26,679

PROPITEER CONSTRUCTION LIMITED

Notes to the Financial Statements

for the Period Ended 28 June 2023

4. Debtors

2023 2022
£ £
Trade debtors 1,658,413 1,171,561
Other debtors 626,013 234,006
Total 2,284,426 1,405,567

PROPITEER CONSTRUCTION LIMITED

Notes to the Financial Statements

for the Period Ended 28 June 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 1,177,070 945,372
Taxation and social security 145,404 18,279
Other creditors 720,770 354,009
Total 2,043,244 1,317,660

PROPITEER CONSTRUCTION LIMITED

Notes to the Financial Statements

for the Period Ended 28 June 2023

6. Creditors: amounts falling due after more than one year note

2023
£
Amounts due under finance leases and hire purchase contracts 34,532
Other creditors 200,000
Total 234,532