Company Registration No. 12046114 (England and Wales)
PROPERTIFY LTD
Unaudited accounts
for the year ended 30 June 2022
PROPERTIFY LTD
Unaudited accounts
Contents
PROPERTIFY LTD
Company Information
for the year ended 30 June 2022
Directors
Mrs T Prakash
Mr P Yogarajah
Company Number
12046114 (England and Wales)
Registered Office
83 NORTHCOTE AVE
SOUTHALL
ENGLAND
UB1 2AZ
ENGLAND
Accountants
IRTS Business Solutions Limited
209 The Heights
Northolt
Middlesex
UB5 4BX
PROPERTIFY LTD
Statement of financial position
as at 30 June 2022
Tangible assets
312,521
312,521
Cash at bank and in hand
1,064
2,086
Creditors: amounts falling due within one year
(28,324)
(25,515)
Net current liabilities
(27,260)
(23,429)
Total assets less current liabilities
285,261
289,092
Creditors: amounts falling due after more than one year
(280,713)
(285,965)
Called up share capital
1,000
1,000
Profit and loss account
3,548
2,127
Shareholders' funds
4,548
3,127
For the year ending 30 June 2022 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.
The financial statements were approved by the Board of Directors and authorised for issue on 29 June 2023 and were signed on its behalf by
Mr P Yogarajah
Director
Company Registration No. 12046114
PROPERTIFY LTD
Notes to the Accounts
for the year ended 30 June 2022
PROPERTIFY LTD is a private company, limited by shares, registered in England and Wales, registration number 12046114. The registered office is 83 NORTHCOTE AVE, SOUTHALL, ENGLAND, UB1 2AZ, 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 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.
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:
4
Tangible fixed assets
Land & buildings
5
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
833
499
Loans from directors
24,741
22,566
PROPERTIFY LTD
Notes to the Accounts
for the year ended 30 June 2022
6
Creditors: amounts falling due after more than one year
2022
2021
Bank loans
280,713
285,965
7
Average number of employees
During the year the average number of employees was 0 (2021: 0).
