Company Registration No. 9550955 (England and Wales)
PROFESSIONAL 2U (REAL ESTATE) LIMITED
Unaudited accounts
for the year ended 29 February 2024
PROFESSIONAL 2U (REAL ESTATE) LIMITED
Annual report and unaudited accounts
for the year ended 29 February 2024
PROFESSIONAL 2U (REAL ESTATE) LIMITED
Statement of Financial Position
as at 29 February 2024
Current assets
362,605
376,986
Prepayments and accrued income
1,490
-
Creditors: amounts falling due within one year
(341,261)
(85,701)
Net current assets
22,834
291,285
Total assets less current liabilities
302,320
291,293
Net assets
302,320
291,293
Capital and reserves
302,320
291,293
PROFESSIONAL 2U (REAL ESTATE) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 9550955. The registered office is 114 TREVINO DRIVE, LEICESTER, LEICESTERSHIRE, LE4 7TL, ENGLAND.
2 Director's advances, credit and guarantees
Current assets include £190,661 (2023: £121,289) owed from a director of the company. This is calculated from:
- Advances / credits made during the current period amounting to £259,702, plus
- Advance / credit balances totalling £121,289 subsisting from previous periods, minus
- Repayments the company received from the director totalling £190,330 during the current period (£121,289 of which were repayments towards advances / credits subsisting from previous periods - not sourced from advances / credits made during the current period) .
All advances / credits are repayable on demand and subject to interest at a rate of 2.00% to 2.25% per annum payable annually by 6 July and is calculated by reference to the average amount of the advances / credits outstanding during the year to 5 April.
3 Average number of employees
During the year the average number of employees was 0 (2023: 0).
PROFESSIONAL 2U (REAL ESTATE) LIMITED
Statement of Financial Position
as at 29 February 2024 (continued)
For the year ending 29 February 2024 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and FRS 105, The Financial Reporting Standard applicable to the Micro-entities Regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the board on 28 November 2024
S Patel
Director
Company Registration No. 9550955