| REGISTERED NUMBER: |
| PROPERTEX 2016 LIMITED |
| FINANCIAL STATEMENTS |
| FOR THE PERIOD |
| 1 FEBRUARY 2025 TO 4 JUNE 2025 |
| REGISTERED NUMBER: |
| PROPERTEX 2016 LIMITED |
| FINANCIAL STATEMENTS |
| FOR THE PERIOD |
| 1 FEBRUARY 2025 TO 4 JUNE 2025 |
| PROPERTEX 2016 LIMITED (REGISTERED NUMBER: 10345459) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| for the Period 1 FEBRUARY 2025 TO 4 JUNE 2025 |
| Page |
| Company Information | 1 |
| Abridged Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| Report of the Accountants | 6 |
| PROPERTEX 2016 LIMITED |
| COMPANY INFORMATION |
| for the Period 1 FEBRUARY 2025 TO 4 JUNE 2025 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| 167 Turners Hill |
| Cheshunt |
| Hertfordshire |
| EN8 9BH |
| PROPERTEX 2016 LIMITED (REGISTERED NUMBER: 10345459) |
| ABRIDGED BALANCE SHEET |
| 4 JUNE 2025 |
| 4.6.25 | 31.1.25 |
| Notes | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| The director acknowledges his responsibilities for: |
| (a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
| PROPERTEX 2016 LIMITED (REGISTERED NUMBER: 10345459) |
| ABRIDGED BALANCE SHEET - continued |
| 4 JUNE 2025 |
| The financial statements were approved by the director and authorised for issue on |
| PROPERTEX 2016 LIMITED (REGISTERED NUMBER: 10345459) |
| NOTES TO THE FINANCIAL STATEMENTS |
| for the Period 1 FEBRUARY 2025 TO 4 JUNE 2025 |
| 1. | STATUTORY INFORMATION |
| Propertex 2016 Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| Taxation |
| Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
| Current or deferred taxation assets and liabilities are not discounted. |
| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the period was NIL (2025 - NIL). |
| 4. | TANGIBLE FIXED ASSETS |
| Totals |
| £ |
| COST |
| At 1 February 2025 |
| and 4 June 2025 |
| DEPRECIATION |
| At 1 February 2025 |
| Charge for period |
| At 4 June 2025 |
| NET BOOK VALUE |
| At 4 June 2025 |
| At 31 January 2025 |
| PROPERTEX 2016 LIMITED (REGISTERED NUMBER: 10345459) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the Period 1 FEBRUARY 2025 TO 4 JUNE 2025 |
| 5. | ULTIMATE CONTROLLING PARTY |
| The company's parent company is Propertex Group Ltd. A company controlled by P N Neumann, the director of the company. |
| PROPERTEX 2016 LIMITED |
| REPORT OF THE ACCOUNTANTS TO THE DIRECTOR OF |
| PROPERTEX 2016 LIMITED |
| The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Abridged Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies. |
| As described on the Balance Sheet you are responsible for the preparation of the financial statements for the period ended 4 June 2025 set out on page nil and you consider that the company is exempt from an audit. |
| In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us. |
| Chartered Accountants |
| 167 Turners Hill |
| Cheshunt |
| Hertfordshire |
| EN8 9BH |
| Date: ............................................. |