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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
Page
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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
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PROXIMITY FINANCIAL LTD Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
30,126 
44,059 
Current assets
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 
Net assets
46,407 
100,359 
Capital and reserves
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
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PROXIMITY FINANCIAL LTD Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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 
Additions
1,969 
- 
- 
1,969 
At 30 September 2024
12,700 
44,090 
445 
57,235 
Depreciation
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 
Net book value
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 
27,363 
45,837 
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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 
£ 
£ 
Other creditors
9 
97 
Loans from directors
(31,683)
(56,012)
(31,674)
(55,915)
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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