PROPERTYEX LTD - Accounts

PROPERTYEX LTD
Contents Page
For the Period 27 June 2023 to 30 June 2024

Balance sheet	1
Notes to the financial statements	2

PROPERTYEX LTD
Balance Sheet
As at 30 June 2024

	Notes	2024 £
Fixed assets
Intangible fixed assets	3	1,331
		1,331
Current assets
Debtors		100
Creditors: amount falling due within one year		(16,346)
Net current assets		(16,246)

Total assets less current liabilities		(14,915)
Net assets		(14,915)

Capital and reserves
Called up share capital		100
Profit and loss account		(15,015)
Shareholders' funds		(14,915)

For the period ended 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 profit and loss account has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 30 November 2025 and were signed on its behalf by:

-------------------------------
Nikhil Joshi
Director

1

PROPERTYEX LTD
Notes to the Abridged Financial Statements
For the Period 27 June 2023 to 30 June 2024

General Information

PROPERTYEX LTD is a private company, limited by shares, registered in England and Wales, registration number 14963977, registration address C/O Prysm Financial Francis Barber House, 9 Gough Square London, London, EC4A 3DG.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Going concern basis

The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.

Intangible assets

Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.

2.	Average number of employees Average number of employees during the period was 0.

3.

Intangible fixed assets

Cost	Other	Total
	£	£
At 27 June 2023	-	-
Additions	1,331	1,331
Disposals	-	-
At 30 June 2024	1,331	1,331
Amortisation
At 27 June 2023	-	-
Charge for period	-	-
On disposals	-	-
At 30 June 2024	-	-
Net book values
At 30 June 2024	1,331	1,331
At 26 June 2023	-	-

2

Registered Number: 14963977
England and Wales
PROPERTYEX LTD

Abridged Accounts

Period of accounts Start date: 27 June 2023 End date: 30 June 2024