REGISTERED NUMBER: 15371354 (England and Wales)

Financial Statements

for the Period 27 December 2023 to 31 January 2025

for

Proper Shop Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr Kamal Prit Singh

REGISTERED OFFICE:

Bridge House

9-13 Holbrook Land

Coventry

West Yorkshire

CV6 4AD

REGISTERED NUMBER:

15371354 (England and Wales)

ACCOUNTANTS:

Sterling Accounting Services Limited

Bridge House

9-13 Holbrook Lane

Coventry

CV6 4AD

FIXED ASSETS

Property, plant and equipment

4

289,087

CURRENT ASSETS

Inventories

10,230

Debtors

5

12,266

Cash at bank and in hand

121,315

143,811

CREDITORS

Amounts falling due within one year

6

423,456

NET CURRENT LIABILITIES

(279,645

)

TOTAL ASSETS LESS CURRENT LIABILITIES

9,442

CAPITAL AND RESERVES

Called up share capital

7

100

Retained earnings

9,342

SHAREHOLDERS' FUNDS

9,442

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 September 2025 and were signed by:

Mr Kamal Prit Singh - Director

1.	STATUTORY INFORMATION

Proper Shop Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Revenue 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

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

Stocks

Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

4.	PROPERTY, PLANT AND EQUIPMENT

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

Additions

278,830

12,624

291,454

At 31 January 2025

278,830

12,624

291,454

DEPRECIATION

Charge for period

-

2,367

2,367

At 31 January 2025

-

2,367

2,367

NET BOOK VALUE

At 31 January 2025

278,830

10,257

289,087

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

12,192

Other debtors

74

12,266

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

115,564

Taxation and social security

9,096

Other creditors

298,796

423,456

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary

1

100

100 Ordinary shares of 1 each were allotted and fully paid for cash at par during the period.