Company information

PROPSYS LIMITED is a private company limited by shares, registered in England and Wales, registered number 09506682.

The company's registered office is: Kd7 Kd Tower, Cotterells, Hemel Hempstead, HP1 1FW, United Kingdom.

Balance Sheet

as at 31 March 2022

		2022		2021
		£		£
Fixed assets	164.00		552.00
Current assets	117,001.06		123,407.00
Creditors: amounts falling due within one year	(52,407.26)		(74,962.00)
Net current assets / (liabilities)		64,593.80		48,445.00
Total assets less current liabilities		64,757.80		48,997.00
Net assets		64,757.80		48,997.00
Capital and reserves		64,757.80		48,997.00

For the year ending 31 March 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

These accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Directors' responsibilities:

• The members have not required the company to obtain an audit of its accounts 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 accounts.

Approved by the board of directors and signed on behalf of the board,

Paul
09 November 2022

Notes to the accounts

1. Average number of employees

   During the year the average number of employees was 1 (2021: 1).

2. Director Advances Credits Note

   As at the year end of 31st March June 2022, the director owes the company £72,505.40. This loan is interest bearing, unsecured and has no set repayment terms.