Company Registration No. 09391639 (England and Wales)
Propfocus Limited
Unaudited accounts
for the period from 1 April 2024 to 30 April 2025
Propfocus Limited
Unaudited accounts
Contents
Propfocus Limited
Company Information
for the period from 1 April 2024 to 30 April 2025
Directors
D M Ovsiowitz
B A Ovsiowitz
David Ovsiowitz
Barbara Ovsiowitz
Company Number
09391639 (England and Wales)
Registered Office
2 Beaufort Drive
London
NW11 6BU
Accountants
Jacobs & Company
152 Coles Green Road
London
NW2 7HD
Propfocus Limited
Statement of financial position
as at 30 April 2025
Cash at bank and in hand
225,531
109,801
Creditors: amounts falling due within one year
(305,258)
(385,115)
Net current assets/(liabilities)
11,128
(20,552)
Total assets less current liabilities
11,889
(19,455)
Creditors: amounts falling due after more than one year
(562)
(8,172)
Provisions for liabilities
Net assets/(liabilities)
11,055
(27,899)
Called up share capital
100
100
Profit and loss account
10,955
(27,999)
Shareholders' funds
11,055
(27,899)
For the period ending 30 April 2025 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.
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 27 August 2025 and were signed on its behalf by
D M Ovsiowitz
Director
Company Registration No. 09391639
Propfocus Limited
Notes to the Accounts
for the period from 1 April 2024 to 30 April 2025
Propfocus Limited is a private company, limited by shares, registered in England and Wales, registration number 09391639. The registered office is 2 Beaufort Drive, London, NW11 6BU.
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 period, 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:
Computer equipment
33% on cost
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Propfocus Limited
Notes to the Accounts
for the period from 1 April 2024 to 30 April 2025
4
Tangible fixed assets
Computer equipment
Charge for the period
1,293
Amounts falling due within one year
Other debtors
90,855
254,074
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
7,800
7,800
Trade creditors
186,217
272,826
Taxes and social security
65,707
60,707
Other creditors
40,434
40,432
7
Creditors: amounts falling due after more than one year
2025
2024
Allotted, called up and fully paid:
60 A Ordinary shares of £1 each
60
60
40 B Ordinary shares (The B shares have no voting rights) of £1 each
40
40
Propfocus Limited
Notes to the Accounts
for the period from 1 April 2024 to 30 April 2025
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Unsecured loan
122,368
91,251
213,840
(221)
Unsecured loan
122,368
91,251
213,840
(221)
244,736
182,502
427,680
(442)
The loans are unsecured and repayable on demand. Interest has been charged at 2.25% on the daily balance outstanding. The loans were repaid in full in April 2025. The company is now able to recover S455 tax which was paid in previous years.
10
Average number of employees
During the period the average number of employees was 2 (2024: 2).