Company Registration No. 13548191 (England and Wales)
Praha Properties Ltd
Unaudited accounts
for the year ended 31 August 2025
Praha Properties Ltd
Unaudited accounts
Contents
Praha Properties Ltd
Company Information
for the year ended 31 August 2025
Directors
Praveen Selwyn
Presha Subbiah
Company Number
13548191 (England and Wales)
Registered Office
50 MASON AVENUE
EBBSFLEET VALLEY
SWANSCOMBE
KENT
DA10 1DT
UNITED KINGDOM
Accountants
Taxez
5 South Charlotte Street
Edinburgh
EH2 4AN
Praha Properties Ltd
Statement of financial position
as at 31 August 2025
Investment property
479,459
479,459
Cash at bank and in hand
14,994
9,379
Creditors: amounts falling due within one year
(124,704)
(124,279)
Net current liabilities
(109,710)
(114,900)
Total assets less current liabilities
370,324
365,421
Creditors: amounts falling due after more than one year
(368,977)
(369,057)
Net assets/(liabilities)
1,347
(3,636)
Called up share capital
100
100
Profit and loss account
1,247
(3,736)
Shareholders' funds
1,347
(3,636)
For the year ending 31 August 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 20 May 2026 and were signed on its behalf by
Praveen Selwyn
Director
Company Registration No. 13548191
Praha Properties Ltd
Notes to the Accounts
for the year ended 31 August 2025
Praha Properties Ltd is a private company, limited by shares, registered in England and Wales, registration number 13548191. The registered office is 50 MASON AVENUE, EBBSFLEET VALLEY, SWANSCOMBE, KENT, DA10 1DT, UNITED KINGDOM.
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:
Plant & machinery
20% Straight Line Method
4
Tangible fixed assets
Plant & machinery
Fair value at 1 September 2024
479,459
Praha Properties Ltd
Notes to the Accounts
for the year ended 31 August 2025
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
113
-
Loans from directors
124,591
123,920
7
Creditors: amounts falling due after more than one year
2025
2024
Other creditors
368,977
369,057
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).