PROPELLO CLOUD LTD

Company Registration Number:
11220314 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2024

Period of accounts

Start date: 01 July 2023

End date: 30 June 2024

PROPELLO CLOUD LTD

Contents of the Financial Statements

for the Period Ended 30 June 2024

Balance sheet
Notes

PROPELLO CLOUD LTD

Balance sheet

As at 30 June 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 8,197 10,586
Total fixed assets: 8,197 10,586
Current assets
Debtors:   253,948 238,177
Cash at bank and in hand: 122,694 340,460
Total current assets: 376,642 578,637
Creditors: amounts falling due within one year:   (243,358) (127,944)
Net current assets (liabilities): 133,284 450,693
Total assets less current liabilities: 141,481 461,279
Creditors: amounts falling due after more than one year:   (15,360) (33,253)
Total net assets (liabilities): 126,121 428,026
Capital and reserves
Called up share capital: 8,192 8,192
Share premium account: 722,258 722,258
Profit and loss account: (604,329) (302,424)
Shareholders funds: 126,121 428,026

The notes form part of these financial statements

PROPELLO CLOUD LTD

Balance sheet statements

For the year ending 30 June 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.

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 18 February 2025
and signed on behalf of the board by:

Name: Mr Mark Camp
Status: Director

The notes form part of these financial statements

PROPELLO CLOUD LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

PROPELLO CLOUD LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

2. Employees

2024 2023
Average number of employees during the period 14 13

PROPELLO CLOUD LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Tangible Assets

Total
Cost £
At 01 July 2023 13,990
Additions 350
At 30 June 2024 14,340
Depreciation
At 01 July 2023 3,404
Charge for year 2,739
At 30 June 2024 6,143
Net book value
At 30 June 2024 8,197
At 30 June 2023 10,586