Company Registration No. 11919516 (England and Wales)
PROPERLY EXPOSED LTD
Unaudited accounts
for the year ended 31 March 2025
PROPERLY EXPOSED LTD
Unaudited accounts
Contents
PROPERLY EXPOSED LTD
Company Information
for the year ended 31 March 2025
Directors
Petko SLAVOV
Uliana SLAVOVA
Company Number
11919516 (England and Wales)
Registered Office
404 Havering Road
Romford
Essex
RM1 4DE
England
PROPERLY EXPOSED LTD
Statement of financial position
as at 31 March 2025
Tangible assets
18,136
1,613
Cash at bank and in hand
81,408
13,355
Creditors: amounts falling due within one year
(114,831)
(34,940)
Net current liabilities
(17,171)
(1,305)
Called up share capital
100
100
Profit and loss account
865
208
Shareholders' funds
965
308
For the year ending 31 March 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 30 December 2025 and were signed on its behalf by
Petko SLAVOV
Director
Company Registration No. 11919516
PROPERLY EXPOSED LTD
Notes to the Accounts
for the year ended 31 March 2025
PROPERLY EXPOSED LTD is a private company, limited by shares, registered in England and Wales, registration number 11919516. The registered office is 404 Havering Road, Romford, Essex, RM1 4DE, England.
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 year, 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:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
2,026
-
2,632
4,658
Additions
-
19,775
-
19,775
Disposals
-
-
(2,632)
(2,632)
At 31 March 2025
2,026
19,775
-
21,801
At 1 April 2024
413
-
2,632
3,045
Charge for the year
506
2,746
-
3,252
On disposals
-
-
(2,632)
(2,632)
At 31 March 2025
919
2,746
-
3,665
At 31 March 2025
1,107
17,029
-
18,136
At 31 March 2024
1,613
-
-
1,613
PROPERLY EXPOSED LTD
Notes to the Accounts
for the year ended 31 March 2025
Amounts falling due within one year
Accrued income and prepayments
10,000
-
6
Creditors: amounts falling due within one year
2025
2024
Obligations under finance leases and hire purchase contracts
19,064
-
Trade creditors
20,981
8,191
Taxes and social security
13,260
8,889
Other creditors
3,663
3,662
Loans from directors
52,800
9,312
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Average number of employees
During the year the average number of employees was 2 (2024: 2).