| REGISTERED NUMBER: |
| PROXY PROPERTIES LIMITED |
| Unaudited Financial Statements |
| for the Year Ended 31 March 2025 |
| REGISTERED NUMBER: |
| PROXY PROPERTIES LIMITED |
| Unaudited Financial Statements |
| for the Year Ended 31 March 2025 |
| PROXY PROPERTIES LIMITED (REGISTERED NUMBER: 08821580) |
| Contents of the Financial Statements |
| for the year ended 31 March 2025 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| PROXY PROPERTIES LIMITED |
| Company Information |
| for the year ended 31 March 2025 |
| Directors: |
| Registered office: |
| Registered number: |
| Accountants: |
| 3rd Floor |
| 86 - 90 Paul Street |
| London |
| EC2A 4NE |
| PROXY PROPERTIES LIMITED (REGISTERED NUMBER: 08821580) |
| Balance Sheet |
| 31 March 2025 |
| 2025 | 2024 |
| Notes | £ | £ |
| Fixed assets |
| Tangible assets | 4 |
| Current assets |
| Debtors | 5 |
| Cash at bank |
| Creditors |
| Amounts falling due within one year | 6 | ( |
) |
| Net current assets |
| Total assets less current liabilities |
| Creditors |
| Amounts falling due after more than one year | 7 | ( |
) | ( |
) |
| Net liabilities | ( |
) | ( |
) |
| Capital and reserves |
| Called up share capital | 8 |
| Retained earnings | 9 | ( |
) | ( |
) |
| Shareholders' funds | ( |
) | ( |
) |
| The directors acknowledge their 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 were approved by the Board of Directors and authorised for issue on |
| PROXY PROPERTIES LIMITED (REGISTERED NUMBER: 08821580) |
| Notes to the Financial Statements |
| for the year ended 31 March 2025 |
| 1. | Statutory information |
| Proxy Properties Limited is a |
| 2. | Accounting policies |
| Basis of preparing the financial statements |
| Related party exemption |
| The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group. |
| 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 |
| Improvements to property | - |
| Plant and machinery | - |
| Computer equipment | - |
| Going concern |
| These financial statements have been prepared on a going concern basis. |
| The current economic conditions present increased risks for all businesses. In response to such conditions, the directors have carefully considered these risks including an assessment on uncertainty on future trading projection for a period of at least 12 months from the date of signing the financial statements, and the extent to which they might affect the preparation of the financial statements on a going concern basis. |
| Based on assessment, the directors consider that the Company maintains an appropriate level of liquidity, sufficient to meet the demands of the business including any capital and servicing obligations and external debt liabilities. |
| In addition, the Company's assets are assessed for recoverability on a regular basis, and the directors consider that the Company is not exposed to losses on these assets which would affect their decision to adopt the going concern basis. |
| The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future and that there are no material uncertainties that lead to significant doubts upon the Company's ability to continue as a going concern. Thus the directors have continued to adopt the going concern basis of accounting in preparing these financial statements |
| 3. | Employees and directors |
| The average number of employees during the year was NIL (2024 - NIL). |
| PROXY PROPERTIES LIMITED (REGISTERED NUMBER: 08821580) |
| Notes to the Financial Statements - continued |
| for the year ended 31 March 2025 |
| 4. | Tangible fixed assets |
| Improvements | Plant and | Computer |
| to property | machinery | equipment | Totals |
| £ | £ | £ | £ |
| Cost |
| At 1 April 2024 |
| and 31 March 2025 |
| Depreciation |
| At 1 April 2024 |
| and 31 March 2025 |
| Net book value |
| At 31 March 2025 |
| At 31 March 2024 |
| 5. | Debtors: amounts falling due within one year |
| 2025 | 2024 |
| £ | £ |
| Other debtors |
| 6. | Creditors: amounts falling due within one year |
| 2025 | 2024 |
| £ | £ |
| Trade creditors |
| Tax |
| 7. | Creditors: amounts falling due after more than one year |
| 2025 | 2024 |
| £ | £ |
| Amounts owed to group undertakings |
| 8. | Called up share capital |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2025 | 2024 |
| value: | £ | £ |
| Ordinary share | 1 | 100 | 100 |
| 9. | Reserves |
| Retained |
| earnings |
| £ |
| At 1 April 2024 | ( |
) |
| Profit for the year |
| At 31 March 2025 | ( |
) |