Micro-entity Accounts - THE PROPERTY SOURCE EUROPE LTD

Micro-entity Accounts - THE PROPERTY SOURCE EUROPE LTD

THE PROPERTY SOURCE EUROPE LTD - Company Information

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Registered Number 08332577

THE PROPERTY SOURCE EUROPE LTD

Micro-entity Accounts

31 March 2023

THE PROPERTY SOURCE EUROPE LTD Registered Number 08332577

Micro-entity Balance Sheet as at 31 March 2023

Notes 2023 2022
£ £
Current Assets
167,115
147,088
Creditors: amounts falling due within one year
(39,734)
(83,658)
Net current assets (liabilities)
127,381
63,430
Total assets less current liabilities
127,381
63,430
Creditors: amounts falling due after more than one year
(21,654)
(32,821)
Total net assets (liabilities)
105,727
30,609
Capital and reserves
105,727
30,609
  • For the year ending 31 March 2023 the company was entitled to exemption 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
  • The 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.

Approved by the Board on 18 December 2023

And signed on their behalf by:
Mr J Khan, Director

Footnotes:
  • Guarantees
    Notes to the financial statements
    1 Director's benefits: advances, credit and guarantees
    During the year the director Mr J Khan received a further loan of £48,020. Interest of £1,794 was charged on the loan. The amount outstanding at the year end, which was repayable on demand and classified in debtors, was £115,506. The increase was repaid within 9 months of the year end.

THE PROPERTY SOURCE EUROPE LTD Registered Number 08332577

Notes to the Micro-entity Accounts for the period ended 31 March 2023

1Employees
2023 2022
Average number of employees during the period 1 1