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REGISTERED NUMBER: 08267795 (England and Wales)











Cessation Financial Statements

for the Year Ended 30 April 2023

for

P3 PROJECTS LIMITED

P3 PROJECTS LIMITED (REGISTERED NUMBER: 08267795)






Contents of the Financial Statements
for the Year Ended 30 April 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


P3 PROJECTS LIMITED

Company Information
for the Year Ended 30 April 2023







DIRECTOR: Mr S Phippen





REGISTERED OFFICE: 42 Lytton Road
Barnet
Hertfordshire
EN5 5BY





REGISTERED NUMBER: 08267795 (England and Wales)





ACCOUNTANTS: Jeff Lermer & Associates
Chartered Accountants
42 Lytton Road
Barnet
Hertfordshire
EN5 5BY

P3 PROJECTS LIMITED (REGISTERED NUMBER: 08267795)

Balance Sheet
30 April 2023

30.4.23 30.4.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 7,204

CURRENT ASSETS
Debtors 5 19,256 13,379
Cash at bank 16,594 18,675
35,850 32,054
CREDITORS
Amounts falling due within one year 6 30,043 33,781
NET CURRENT ASSETS/(LIABILITIES) 5,807 (1,727 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,807

5,477

CAPITAL AND RESERVES
Called up share capital 7 2 2
Retained earnings 5,805 5,475
SHAREHOLDERS' FUNDS 5,807 5,477

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 October 2023 and were signed by:





Mr S Phippen - Director


P3 PROJECTS LIMITED (REGISTERED NUMBER: 08267795)

Notes to the Financial Statements
for the Year Ended 30 April 2023

1. STATUTORY INFORMATION

P3 Projects Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net invoiced sales of goods and services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 33% on cost
Computer equipment - 33% on cost

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 May 2022 1,777 7,495 6,638 15,910
Disposals (1,777 ) (7,495 ) (6,638 ) (15,910 )
At 30 April 2023 - - - -
DEPRECIATION
At 1 May 2022 1,777 1,249 5,680 8,706
Eliminated on disposal (1,777 ) (1,249 ) (5,680 ) (8,706 )
At 30 April 2023 - - - -
NET BOOK VALUE
At 30 April 2023 - - - -
At 30 April 2022 - 6,246 958 7,204

P3 PROJECTS LIMITED (REGISTERED NUMBER: 08267795)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Trade debtors 13,379 13,379
Prepayments and accrued income 5,877 -
19,256 13,379

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Tax 1,351 (1,738 )
VAT 2,378 2,210
Directors' current accounts 22,935 29,851
Accruals 3,379 3,458
30,043 33,781

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.23 30.4.22
value: £    £   
1 A Ordinary £1 1 1
1 B Ordinary £1 1 1
2 2

8. RELATED PARTY DISCLOSURES

At the balance sheet date, the company owed an amount of £22,935 (2022 : £29,851) to the director. The amount is interest free and repayable on demand.

9. ULTIMATE CONTROLLING PARTY

The controlling party is Mr S Phippen.