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Registration number: 09128026

Propnology Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 December 2017

Lambert Chapman LLP
Chartered Accountants
3 Warners Mill
Silks Way
Braintree
Essex
CM7 3GB

 

Propnology Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

 

Propnology Limited

Company Information


 

Directors

P Lamm

O Angel

Registered office

North Colchester Business Centre
340 The Crescent
Colchester
Essex
CO4 9AD

Bankers

National Westminister Bank plc
Colchester Business Park
100 The Crescent
Colchester
Essex
CO4 9GN

Accountants

Lambert Chapman LLP
Chartered Accountants
3 Warners Mill
Silks Way
Braintree
Essex
CM7 3GB

 

Propnology Limited

(Registration number: 09128026)
Balance Sheet as at 31 December 2017

2017
£

2016
£

Fixed assets

59,434

76,649

Current assets

439

6,558

Prepayments and accrued income

787

-

Creditors: Amounts falling due within one year

(31,493)

(566)

Net current (liabilities)/assets

(30,267)

5,992

Total assets less current liabilities

29,167

82,641

Accruals and deferred income

(18,976)

(19,774)

Net assets

10,191

62,867

Capital and reserves

10,191

62,867

For the financial year ending 31 December 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 24 September 2018 and signed on its behalf by:
 

P Lamm

Director

O Angel

Director

 

Propnology Limited

Notes to the Financial Statements for the Year Ended 31 December 2017

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
North Colchester Business Centre, 340 The Crescent, Colchester, Essex, CO4 9AD.

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

These financial statements are presented in Sterling (£), which is the company's functional currency.

2

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2016 - 2).