PROPIO JEFE LIMITED

Company Registration Number:
10897167 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2024

Period of accounts

Start date: 01 September 2023

End date: 31 August 2024

PROPIO JEFE LIMITED

Contents of the Financial Statements

for the Period Ended 31 August 2024

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 2024




Director: EMMANUEL KONADU-TAWIAH
Registered office: 71-75
Shelton Street
Covent Garden
London
GBR
WC2H 9JQ
Company Registration Number: 10897167 (England and Wales)

PROPIO JEFE LIMITED

Directors' Report Period Ended 31 August 2024

The directors present their report with the financial statements of the company for the period ended 31 August 2024

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 2023

This report was approved by the board of directors on 31 October 2024
And Signed On Behalf Of The Board By:

Name: EMMANUEL KONADU-TAWIAH
Status: Director

PROPIO JEFE LIMITED

Balance sheet

As at 31 August 2024


Notes

2024
£

2023
£
Fixed assets
Intangible assets: 5 5,000 9,000
Tangible assets: 6 3,711 4,123
Total fixed assets: 8,711 13,123
Current assets
Stocks: 12,631 19,456
Debtors: 7 3,230 2,715
Cash at bank and in hand: 6,898 9,760
Total current assets: 22,759 31,931
Creditors: amounts falling due within one year: 8 ( 1,624 ) ( 2,691 )
Net current assets (liabilities): 21,135 29,240
Total assets less current liabilities: 29,846 42,363
Creditors: amounts falling due after more than one year: 9 ( 24,258 ) ( 35,023 )
Total net assets (liabilities): 5,588 7,340

The notes form part of these financial statements

PROPIO JEFE LIMITED

Balance sheet continued

As at 31 August 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 5,587 7,339
Shareholders funds: 5,588 7,340

For the year ending 31 August 2024 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 31 October 2024
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 2024

  • 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 all sales revenue during the period, excluding valued added tax (VAT) and and discounts received.

    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 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 1 1

PROPIO JEFE LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 3. Off balance sheet disclosure

    No

PROPIO JEFE LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

4. Dividends


2024
£

2023
£
Dividends paid 5,587 7,339

PROPIO JEFE LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

5. Intangible assets

Other Total
Cost £ £
At 01 September 2023 9,000 9,000
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 August 2024 9,000 9,000
Amortisation
Amortisation at 01 September 2023 - -
Charge for year - -
On disposals - -
Other adjustments 4,000 4,000
Amortisation at 31 August 2024 4,000 4,000
Net book value
Net book value at 31 August 2024 5,000 5,000
Net book value at 31 August 2023 9,000 9,000

PROPIO JEFE LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

6. Tangible assets

Fixtures & fittings Office equipment Total
Cost £ £ £
At 01 September 2023 2,870 1,253 4,123
Additions - - -
Disposals - - -
Revaluations - - -
Transfers - - -
At 31 August 2024 2,870 1,253 4,123
Depreciation
At 01 September 2023 - - -
Charge for year 287 125 412
On disposals - - -
Other adjustments - - -
At 31 August 2024 287 125 412
Net book value
At 31 August 2024 2,583 1,128 3,711
At 31 August 2023 2,870 1,253 4,123

PROPIO JEFE LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

7. Debtors


2024
£

2023
£
Other debtors 3,230 2,715
Total 3,230 2,715

PROPIO JEFE LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

8.Creditors: amounts falling due within one year note


2024
£

2023
£
Taxation and social security 1,311 1,721
Other creditors 313 970
Total 1,624 2,691

PROPIO JEFE LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2024

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


2024
£

2023
£
Bank loans and overdrafts 24,258 35,023
Total 24,258 35,023