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Company Registration No. 13013527 (England and Wales)
Propco Global Limited Unaudited accounts for the year ended 30 November 2024
Propco Global Limited Unaudited accounts Contents
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Propco Global Limited Company Information for the year ended 30 November 2024
Directors
Serge Albohayre Leah Albohayre
Company Number
13013527 (England and Wales)
Registered Office
483 Green Lanes London N13 4B
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Propco Global Limited Statement of financial position as at 30 November 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investments
332,202 
332,202 
Current assets
Debtors
- 
209 
Cash at bank and in hand
64,846 
15,744 
64,846 
15,953 
Creditors: amounts falling due within one year
(155,143)
(118,881)
Net current liabilities
(90,297)
(102,928)
Total assets less current liabilities
241,905 
229,274 
Creditors: amounts falling due after more than one year
(208,935)
(215,759)
Net assets
32,970 
13,515 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
31,970 
12,515 
Shareholders' funds
32,970 
13,515 
For the year ending 30 November 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 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 the year in accordance with Section 444(2A).
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 of Directors and authorised for issue on 28 May 2025 and were signed on its behalf by
Serge Albohayre Director Company Registration No. 13013527
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Propco Global Limited Notes to the Accounts for the year ended 30 November 2024
1
Statutory information
Propco Global Limited is a private company, limited by shares, registered in England and Wales, registration number 13013527. The registered office is 483 Green Lanes, London, N13 4B.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
4
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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