Company Registration No. 12792303 (England and Wales)
Propertylimitedjo Ltd
Unaudited accounts
for the year ended 31 August 2025
Propertylimitedjo Ltd
Unaudited accounts
Contents
Propertylimitedjo Ltd
Company Information
for the year ended 31 August 2025
Company Number
12792303 (England and Wales)
Registered Office
128 City Road
London
EC1V 2NX
Accountants
Taxez
5 South Charlotte Street
Edinburgh
EH2 4AN
Propertylimitedjo Ltd
Statement of financial position
as at 31 August 2025
Investment property
509,708
509,708
Cash at bank and in hand
532
926
Creditors: amounts falling due within one year
(124,503)
(102,553)
Net current liabilities
(123,971)
(101,627)
Total assets less current liabilities
385,737
408,081
Creditors: amounts falling due after more than one year
(404,416)
(404,416)
Provisions for liabilities
Deferred tax
(31,886)
(31,886)
Net liabilities
(50,565)
(28,221)
Called up share capital
1
1
Profit and loss account
(50,566)
(28,222)
Shareholders' funds
(50,565)
(28,221)
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 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 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 and authorised for issue on 28 September 2026 and were signed on its behalf by
Joseph Kitenge
Director
Company Registration No. 12792303
Propertylimitedjo Ltd
Notes to the Accounts
for the year ended 31 August 2025
Propertylimitedjo Ltd is a private company, limited by shares, registered in England and Wales, registration number 12792303. The registered office is 128 City Road, London, EC1V 2NX.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover includes revenue earned from property rental and is recognised when receivable from the tenant.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Fair value at 1 September 2024
509,708
5
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
6,823
-
Taxes and social security
2,724
499
Loans from directors
113,273
96,940
6
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
404,416
404,416
Propertylimitedjo Ltd
Notes to the Accounts
for the year ended 31 August 2025
7
Average number of employees
During the year the average number of employees was 1 (2024: 1).