Proprius Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: 03033247

		2025		2024
	Notes	£	£	£	£
CURRENT ASSETS
Debtors	4	3,362		2,471
Cash at bank and in hand		19,609		19,362

		22,971		21,833
Creditors: Amounts Falling Due Within One Year	5	(17,371 )		(16,292 )

NET CURRENT ASSETS (LIABILITIES)			5,600		5,541

TOTAL ASSETS LESS CURRENT LIABILITIES			5,600		5,541

NET ASSETS			5,600		5,541

CAPITAL AND RESERVES
Called up share capital	6		2		2
Profit and Loss Account			5,598		5,539

SHAREHOLDERS' FUNDS			5,600		5,541

For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Per Emanuelsson

Director

26/06/2026

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Proprius Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03033247 . The registered office is Flat 3 The Gate House, 1 Uxbridge Street, Kensington & Chelsea, London, W8 7TQ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.

Presentation currency

The accounts are presented in £ sterling.

2.2. Going Concern Disclosure

After making enquiries, the director has a reasonable expectation that the company has adequate resources to continue in operational existence and meet its liabilities as they fall due for the foreseeable future, being a period of at least twelve months from the date these financial statements were approved. Accordingly, he continues to adopt the going concern basis in preparing the financial statements.

2.3. Turnover

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured at the fair value of the consideration received or receivable, excluding discounts,

rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:- the amount of revenue can be measured reliably;

- it is probable that the company will receive the consideration due under the contract;

- the stage of completion of the contract at the end of the reporting period can be measured reliably; and -

the costs incurred and the costs to complete the contract can be measured reliably.

2.4. Financial Instruments

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

Cash

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

Share capital

Ordinary shares are classified as equity. Incremental costs directly attributable to the issue of new ordinary shares or options

are shown in equity as a deduction, net of tax, from the proceeds.

2.5. Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly

in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted

by the balance sheet date in the countries where the company operated and generate income.

2.6. Interest Income

Interest income is recognised in profit or loss using the effective interest method.

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Proprius Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

4. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	3,360	2,469
Other debtors	2	2

	3,362	2,471

5. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Other creditors	17,357	16,261
Taxation and social security	14	31

	17,371	16,292

6. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	2	2

2 Ordinary shares of £1 each

7. Related Party Transactions

At the year end, the company owed £16,755 (2024: £15,661) to the director. The loan is provided interest free and is unsecured. There are no formal terms and conditions regarding repayment of the loan.

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