PROPITEER CONSTRUCTION LIMITED

Company Registration Number:
11110762 (England and Wales)

Unaudited statutory accounts for the year ended 28 June 2024

Period of accounts

Start date: 29 June 2023

End date: 28 June 2024

PROPITEER CONSTRUCTION LIMITED

Contents of the Financial Statements

for the Period Ended 28 June 2024

Balance sheet
Additional notes
Balance sheet notes

PROPITEER CONSTRUCTION LIMITED

Balance sheet

As at 28 June 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 20,753 54,005
Total fixed assets: 20,753 54,005
Current assets
Debtors: 4 1,220,360 2,284,426
Cash at bank and in hand: 38,874 45,672
Total current assets: 1,259,234 2,330,098
Creditors: amounts falling due within one year: 5 ( 1,018,886 ) ( 2,043,244 )
Net current assets (liabilities): 240,348 286,854
Total assets less current liabilities: 261,101 340,859
Creditors: amounts falling due after more than one year: 6 ( 229,114 ) ( 234,532 )
Total net assets (liabilities): 31,987 106,327
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 31,887 106,227
Total Shareholders' funds: 31,987 106,327

The notes form part of these financial statements

PROPITEER CONSTRUCTION LIMITED

Balance sheet statements

For the year ending 28 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.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 6 June 2025
and signed on behalf of the board by:

Name: Colin Sandy
Status: Director

The notes form part of these financial statements

PROPITEER CONSTRUCTION LIMITED

Notes to the Financial Statements

for the Period Ended 28 June 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

PROPITEER CONSTRUCTION LIMITED

Notes to the Financial Statements

for the Period Ended 28 June 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 1 2

PROPITEER CONSTRUCTION LIMITED

Notes to the Financial Statements

for the Period Ended 28 June 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 29 June 2023 92,625 92,625
Additions
Disposals
Revaluations
Transfers
At 28 June 2024 92,625 92,625
Depreciation
At 29 June 2023 38,620 38,620
Charge for year 33,252 33,252
On disposals
Other adjustments
At 28 June 2024 71,872 71,872
Net book value
At 28 June 2024 20,753 20,753
At 28 June 2023 54,005 54,005

PROPITEER CONSTRUCTION LIMITED

Notes to the Financial Statements

for the Period Ended 28 June 2024

4. Debtors

2024 2023
£ £
Trade debtors 524,590 1,658,413
Other debtors 695,770 626,013
Total 1,220,360 2,284,426

PROPITEER CONSTRUCTION LIMITED

Notes to the Financial Statements

for the Period Ended 28 June 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 61,158 1,177,070
Taxation and social security 150,290 145,404
Other creditors 807,438 720,770
Total 1,018,886 2,043,244

PROPITEER CONSTRUCTION LIMITED

Notes to the Financial Statements

for the Period Ended 28 June 2024

6. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Amounts due under finance leases and hire purchase contracts 29,114 34,532
Other creditors 200,000 200,000
Total 229,114 234,532