2022-04-01 2023-03-31 false No description of principal activity Capium Accounts Production 1.1 05376240 bus:FullAccounts 2022-04-01 2023-03-31 05376240 bus:FRS102 2022-04-01 2023-03-31 05376240 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 05376240 bus:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-31 05376240 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 05376240 2022-04-01 2023-03-31 05376240 2023-03-31 05376240 bus:RegisteredOffice 2022-04-01 2023-03-31 05376240 core:WithinOneYear 2023-03-31 05376240 core:AfterOneYear 2023-03-31 05376240 bus:Director1 2022-04-01 2023-03-31 05376240 bus:Director1 2023-03-31 05376240 bus:Director1 2021-04-01 2022-03-31 05376240 2021-04-01 05376240 bus:CompanySecretary1 2022-04-01 2023-03-31 05376240 bus:LeadAgentIfApplicable 2022-04-01 2023-03-31 05376240 2021-04-01 2022-03-31 05376240 2022-03-31 05376240 core:WithinOneYear 2022-03-31 05376240 core:AfterOneYear 2022-03-31 05376240 bus:EntityAccountantsOrAuditors 2021-04-01 2022-03-31 05376240 core:FurnitureFittings 2022-04-01 2023-03-31 05376240 core:FurnitureFittings 2023-03-31 05376240 core:FurnitureFittings 2022-03-31 05376240 core:ComputerEquipment 2022-04-01 2023-03-31 05376240 core:ComputerEquipment 2023-03-31 05376240 core:ComputerEquipment 2022-03-31 05376240 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-03-31 05376240 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2022-03-31 05376240 core:CostValuation core:Non-currentFinancialInstruments 2023-03-31 05376240 core:CostValuation core:Non-currentFinancialInstruments 2022-03-31 05376240 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2023-03-31 05376240 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2023-03-31 05376240 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2023-03-31 05376240 core:Non-currentFinancialInstruments 2023-03-31 05376240 core:Non-currentFinancialInstruments 2022-03-31 05376240 core:ShareCapital 2023-03-31 05376240 core:ShareCapital 2022-03-31 05376240 core:RetainedEarningsAccumulatedLosses 2023-03-31 05376240 core:RetainedEarningsAccumulatedLosses 2022-03-31 05376240 dpl:Item1 2022-04-01 05376240 dpl:Item1 2023-03-31 05376240 dpl:Item1 2021-04-01 05376240 dpl:Item1 2022-03-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 05376240
England and Wales

 

 

 

PROJECT APPROVAL LIMITED


Unaudited Filleted Financial Statements
 


Period of accounts

Start date: 01 April 2022

End date: 31 March 2023
 
 
Notes
 
2023
£
  2022
£
Current assets      
Debtors 4 2,970    2,259 
Cash at bank and in hand 45,854    61,394 
48,824    63,653 
Creditors: amount falling due within one year 5 (2,272)   (10,346)
Net current assets 46,552    53,307 
 
Total assets less current liabilities 46,552    53,307 
Net assets 46,552    53,307 
 

Capital and reserves
     
Called up share capital 100    100 
Profit and loss account 46,452    53,207 
Shareholder's funds 46,552    53,307 
 


For the year ended 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These financial statements 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 Part 15 of the Companies Act 2006. In accordance with Section 444 of the Companies Act 2006, the profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the director on 20 November 2023 and were signed by:


-------------------------------
Paul Anthony Dacombe
Director
1
General Information
Project Approval Limited is a private company, limited by shares, registered in England and Wales, registration number 05376240, registration address 28 Queens Close, Lancaster Road, Harrogate, HG2 0HG.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard) and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves, respectively.
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Fixtures and Fittings 15% Straight Line
Computer Equipment 33% Straight Line
2.

Average number of employees

Average number of employees during the year was 1 (2022 : 1).
3.

Tangible fixed assets

Cost or valuation Fixtures and Fittings   Computer Equipment   Total
  £   £   £
At 01 April 2022 1,438    2,851    4,289 
Additions    
Disposals    
At 31 March 2023 1,438    2,851    4,289 
Depreciation
At 01 April 2022 1,438    2,851    4,289 
Charge for year    
On disposals    
At 31 March 2023 1,438    2,851    4,289 
Net book values
Closing balance as at 31 March 2023    
Opening balance as at 01 April 2022    


4.

Debtors: amounts falling due within one year

2023
£
  2022
£
Prepayments & Accrued Income 196    144 
Corporation Tax 1,126   
Directors' Current Accounts 1,608    1,993 
VAT 40    122 
2,970    2,259 

5.

Creditors: amount falling due within one year

2023
£
  2022
£
Corporation Tax   8,541 
Accrued Expenses 1,128    1,263 
Other Creditors 1,144    542 
2,272    10,346 

6.

Director’s loan

Director's loan

Included in debtors are amounts owed to the company by the director, Mr P A Dacombe, of £1,608. This loan was interest free and repaid in full within 9 months of the financial year end.  (2022 - £1,993).
7.

Controlling Party

The company is under the sole control of the director, Mr PA Dacombe, by ownership of 100% of the issued ordinary share capital. 
2