0 false false false false false false false false false false true false false true true true true No description of principal activity 2025-04-01 Sage Accounts Production Advanced 2025 - FRS102_2025 8,771 8,183 xbrli:pure xbrli:shares iso4217:GBP 08663848 2025-04-01 2026-03-31 08663848 2026-03-31 08663848 2025-03-31 08663848 2024-04-01 2025-03-31 08663848 2025-03-31 08663848 2024-03-31 08663848 core:FurnitureFittings 2025-04-01 2026-03-31 08663848 core:MotorVehicles 2025-04-01 2026-03-31 08663848 bus:RegisteredOffice 2025-04-01 2026-03-31 08663848 bus:LeadAgentIfApplicable 2025-04-01 2026-03-31 08663848 bus:Director1 2025-04-01 2026-03-31 08663848 bus:Director2 2025-04-01 2026-03-31 08663848 bus:CompanySecretary1 2025-04-01 2026-03-31 08663848 core:FurnitureFittings 2025-03-31 08663848 core:MotorVehicles 2025-03-31 08663848 core:FurnitureFittings 2026-03-31 08663848 core:MotorVehicles 2026-03-31 08663848 core:WithinOneYear 2026-03-31 08663848 core:WithinOneYear 2025-03-31 08663848 core:RetainedEarningsAccumulatedLosses 2025-04-01 2026-03-31 08663848 core:RetainedEarningsAccumulatedLosses 2024-04-01 2025-03-31 08663848 core:RetainedEarningsAccumulatedLosses 2025-03-31 08663848 core:RetainedEarningsAccumulatedLosses 2024-03-31 08663848 core:RetainedEarningsAccumulatedLosses 2026-03-31 08663848 core:RetainedEarningsAccumulatedLosses 2025-03-31 08663848 core:ShareCapital 2026-03-31 08663848 core:ShareCapital 2025-03-31 08663848 core:FurnitureFittings 2025-03-31 08663848 core:MotorVehicles 2025-03-31 08663848 bus:Director1 2025-03-31 08663848 bus:Director1 2026-03-31 08663848 bus:Director1 2024-03-31 08663848 bus:Director1 2025-03-31 08663848 bus:Director1 2024-04-01 2025-03-31 08663848 bus:SmallEntities 2025-04-01 2026-03-31 08663848 bus:AuditExemptWithAccountantsReport 2025-04-01 2026-03-31 08663848 bus:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 08663848 bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 08663848 bus:FullAccounts 2025-04-01 2026-03-31 08663848 core:ComputerEquipment 2025-04-01 2026-03-31 08663848 core:ComputerEquipment 2026-03-31 08663848 core:ComputerEquipment 2025-03-31
COMPANY REGISTRATION NUMBER: 08663848
Property Pronto Limited
Unaudited Financial Statements
For the year ended
31 March 2026
Property Pronto Limited
Financial Statements
Year ended 31st March 2026
Contents
Pages
Directors' report
1
Statement of income and retained earnings
2
Statement of financial position
3
Notes to the financial statements
4 to 7
The following pages do not form part of the financial statements
Chartered accountant's report to the board of directors on the preparation of the unaudited statutory financial statements
9
Property Pronto Limited
Directors' Report
Year ended 31st March 2026
The directors present their report and the unaudited financial statements of the company for the year ended 31 March 2026 .
Directors
The directors who served the company during the year were as follows:
Mr P K O'Brien
Mrs J O'Brien
Small company provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
This report was approved by the board of directors on 21 September 2026 and signed on behalf of the board by:
Mrs J O'Brien
Company Secretary
Registered office:
141a Front Street
Chester le Street
Co Durham
DH3 3UA
Property Pronto Limited
Statement of Income and Retained Earnings
Year ended 31st March 2026
2026
2025
Note
£
£
Turnover
15,554
17,952
--------
--------
Gross profit
15,554
17,952
Administrative expenses
4,701
7,726
Other operating income
106
–
--------
--------
Operating profit
10,959
10,226
--------
--------
Profit before taxation
4
10,959
10,226
Tax on profit
2,188
2,043
--------
--------
Profit for the financial year and total comprehensive income
8,771
8,183
--------
--------
Dividends paid and payable
( 5,000)
( 1,000)
Retained earnings at the start of the year
14,276
7,093
--------
--------
Retained earnings at the end of the year
18,047
14,276
--------
--------
All the activities of the company are from continuing operations.
Property Pronto Limited
Statement of Financial Position
31 March 2026
2026
2025
Note
£
£
£
Fixed assets
Tangible assets
5
3,335
3,784
Current assets
Debtors
6
1,642
10,357
Cash at bank and in hand
16,426
3,069
--------
--------
18,068
13,426
Creditors: amounts falling due within one year
7
3,256
2,834
--------
--------
Net current assets
14,812
10,592
--------
--------
Total assets less current liabilities
18,147
14,376
--------
--------
Net assets
18,147
14,376
--------
--------
Capital and reserves
Called up share capital
100
100
Profit and loss account
18,047
14,276
--------
--------
Shareholders funds
18,147
14,376
--------
--------
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
For the year ending 31st March 2026 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 financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 21 September 2026 , and are signed on behalf of the board by:
Mr P K O'Brien
Mrs J O'Brien
Director
Director
Company registration number: 08663848
Property Pronto Limited
Notes to the Financial Statements
Year ended 31st March 2026
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 141a Front Street, Chester le Street, Co Durham, DH3 3UA.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis.The financial statements are prepared in sterling, which is the functional currency of the entity. Disclosure exemptions The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. Revenue recognition Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax. Income tax The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax which the Company is expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Tangible assets Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Depreciation Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fixtures and fittings - 10% reducing balance
Motor vehicle - 25% reducing balance
Office equipment - 33% straight line
Impairment of fixed assets A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Government grants
Government grants are recognised at the fair value of the asset received or receivable. Grants are not recognised until there is reasonable assurance that the company will comply with the conditions attaching to them and the grants will be received. Government grants are recognised using the accrual model and the performance model. Under the accrual model, government grants relating to revenue are recognised on a systematic basis over the periods in which the company recognises the related costs for which the grant is intended to compensate. Grants that are receivable as compensation for expenses or losses already incurred or for the purpose of giving immediate financial support to the entity with no future related costs are recognised in income in the period in which it becomes receivable. Grants relating to assets are recognised in income on a systematic basis over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income and not deducted from the carrying amount of the asset. Under the performance model, where the grant does not impose specified future performance-related conditions on the recipient, it is recognised in income when the grant proceeds are received or receivable. Where the grant does impose specified future performance-related conditions on the recipient, it is recognised in income only when the performance-related conditions have been met. Where grants received are prior to satisfying the revenue recognition criteria, they are recognised as a liability.
4. Profit before taxation
Profit before taxation is stated after charging:
2026
2025
£
£
Depreciation of tangible assets
449
526
----
----
5. Tangible assets
Fixtures and fittings
Motor vehicles
Equipment
Total
£
£
£
£
Cost
At 1st April 2025 and 31st March 2026
10,510
11,242
9,659
31,411
--------
--------
-------
--------
Depreciation
At 1st April 2025
7,202
10,767
9,658
27,627
Charge for the year
330
119
–
449
--------
--------
-------
--------
At 31st March 2026
7,532
10,886
9,658
28,076
--------
--------
-------
--------
Carrying amount
At 31st March 2026
2,978
356
1
3,335
--------
--------
-------
--------
At 31st March 2025
3,308
475
1
3,784
--------
--------
-------
--------
6. Debtors
2026
2025
£
£
Trade debtors
1,642
10,357
-------
--------
7. Creditors: amounts falling due within one year
2026
2025
£
£
Corporation tax
2,168
2,042
Other creditors
1,088
792
-------
-------
3,256
2,834
-------
-------
8. Directors' advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:
2026
Balance brought forward
Advances/ (credits) to the directors
Balance outstanding
£
£
£
Mr P K O'Brien
( 217)
( 281)
( 498)
----
----
----
2025
Balance brought forward
Advances/ (credits) to the directors
Balance outstanding
£
£
£
Mr P K O'Brien
( 384)
167
( 217)
----
----
----
9. Related party transactions
The company was under the control of the directors throughout the current and previous period. The Company acts as a letting agent for persons connected to the directors and receives commissions in respect of these services. The contracts in question are considered to be on a commercial basis.
Property Pronto Limited
Management Information
Year ended 31st March 2026
The following pages do not form part of the financial statements.
Property Pronto Limited
Chartered Accountant's Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of Property Pronto Limited
Year ended 31st March 2026
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Property Pronto Limited for the year ended 31st March 2026, which comprise the statement of income and retained earnings, statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/membership/regulations-standards-and-guidance. This report is made solely to the Board of Directors of Property Pronto Limited, as a body, in accordance with the terms of our engagement letter dated 21st April 2017. Our work has been undertaken solely to prepare for your approval the financial statements of Property Pronto Limited and state those matters that we have agreed to state to you, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF as detailed at www.icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Property Pronto Limited and its Board of Directors, as a body, for our work or for this report.
It is your duty to ensure that Property Pronto Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Property Pronto Limited. You consider that Property Pronto Limited is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the financial statements of Property Pronto Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
B.J.STRAUGHAN AND CO Chartered accountants
Epworth House 7 Lucy Street Chester le Street Co. Durham DH3 3UP
12 August 2026