Company Registration No. 11357639 (England and Wales)
Propizza Dept Ltd
Unaudited accounts
for the period from 11 May 2018 to 31 December 2018
Propizza Dept Ltd
Unaudited accounts
Contents
Propizza Dept Ltd
Company Information
for the period from 11 May 2018 to 31 December 2018
Directors
Pamela Tironi
Awet Ogbaghiorghis
Company Number
11357639 (England and Wales)
Registered Office
1 ENGLISH STREET
LONDON
E3 4TA
ENGLAND
Accountants
Accounts and Legal Consultants Limited
Suite 1-3
The Hop Exchange
24 Southwark Street
London
SE1 1TY
Propizza Dept Ltd
Statement of financial position
as at 31 December 2018
Cash at bank and in hand
1,797
Creditors: amounts falling due within one year
(50,190)
Net current liabilities
(34,001)
Called up share capital
100
Profit and loss account
(22,577)
Shareholders' funds
(22,477)
For the period ending 31 December 2018 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.
Approved by the Board on 7 November 2019.
Pamela Tironi
Director
Company Registration No. 11357639
Propizza Dept Ltd
Notes to the Accounts
for the period from 11 May 2018 to 31 December 2018
Propizza Dept Ltd is a private company, limited by shares, registered in England and Wales, registration number 11357639. The registered office is 1 ENGLISH STREET, LONDON, E3 4TA, 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 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
Fixtures & fittings
20% Straight Line
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
Additions
11,765
361
12,126
At 31 December 2018
11,765
361
12,126
Charge for the period
592
10
602
At 31 December 2018
592
10
602
At 31 December 2018
11,173
351
11,524
Propizza Dept Ltd
Notes to the Accounts
for the period from 11 May 2018 to 31 December 2018
Accrued income and prepayments
5,000
7
Creditors: amounts falling due within one year
2018
Loans from directors
15,242
8
Average number of employees
During the period the average number of employees was 0.
