Company Registration No. 12862535 (England and Wales)
PROXIMITY FINANCIAL LTD
Unaudited accounts
for the year ended 30 September 2024
PROXIMITY FINANCIAL LTD
Unaudited accounts
Contents
PROXIMITY FINANCIAL LTD
Company Information
for the year ended 30 September 2024
Director
Deividas Prokopovic
Company Number
12862535 (England and Wales)
Registered Office
OFFICE 495 321-323 HIGH ROAD
CHADWELL HEATH
ESSEX
RM6 6AX
ENGLAND
Accountants
MQplus LTD
Office 801
321-323 High Road
Chadwell Heath
RM6 6AX
PROXIMITY FINANCIAL LTD
Statement of financial position
as at 30 September 2024
Tangible assets
30,126
44,059
Cash at bank and in hand
11,970
46,222
Creditors: amounts falling due within one year
(27,363)
(45,837)
Net current (liabilities)/assets
(15,393)
385
Total assets less current liabilities
14,733
44,444
Creditors: amounts falling due after more than one year
31,674
55,915
Called up share capital
1
1
Profit and loss account
46,406
100,358
Shareholders' funds
46,407
100,359
For the year ending 30 September 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 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 and authorised for issue on 16 April 2025 and were signed on its behalf by
Deividas Prokopovic
Director
Company Registration No. 12862535
PROXIMITY FINANCIAL LTD
Notes to the Accounts
for the year ended 30 September 2024
PROXIMITY FINANCIAL LTD is a private company, limited by shares, registered in England and Wales, registration number 12862535. The registered office is OFFICE 495 321-323 HIGH ROAD, CHADWELL HEATH, ESSEX, RM6 6AX, 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
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 October 2023
10,731
44,090
445
55,266
At 30 September 2024
12,700
44,090
445
57,235
At 1 October 2023
2,300
8,818
89
11,207
Charge for the year
2,541
13,272
89
15,902
At 30 September 2024
4,841
22,090
178
27,109
At 30 September 2024
7,859
22,000
267
30,126
At 30 September 2023
8,431
35,272
356
44,059
5
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
26,702
29,827
Taxes and social security
661
16,010
PROXIMITY FINANCIAL LTD
Notes to the Accounts
for the year ended 30 September 2024
6
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
(31,683)
(56,012)
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).