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REGISTERED NUMBER: 08292786 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2022

for

Project 64 Limited

Project 64 Limited (Registered number: 08292786)






Contents of the Financial Statements
for the Year Ended 30 November 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Project 64 Limited

Company Information
for the Year Ended 30 November 2022







DIRECTORS: Mr M D Hobbs
Mrs C L Hobbs





REGISTERED OFFICE: Trade Fair House
2 West Court
Enterprise Road
Maidstone
Kent
ME15 6JD





REGISTERED NUMBER: 08292786 (England and Wales)





ACCOUNTANTS: Accsys Accountants Limited
Chartered Accountants
Trade Fair House
2 West Court
Enterprise Road
Maidstone
Kent
ME15 6JD

Project 64 Limited (Registered number: 08292786)

Balance Sheet
30 November 2022

30.11.22 30.11.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 16,271 16,086
Investments 5 - 49,000
16,271 65,086

CURRENT ASSETS
Debtors 6 29,031 40,689
Cash at bank 16,070 6,218
45,101 46,907
CREDITORS
Amounts falling due within one year 7 153,926 65,801
NET CURRENT LIABILITIES (108,825 ) (18,894 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(92,554

)

46,192

CREDITORS
Amounts falling due after more than one year 8 27,954 45,948
NET (LIABILITIES)/ASSETS (120,508 ) 244

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (120,608 ) 144
(120,508 ) 244

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Project 64 Limited (Registered number: 08292786)

Balance Sheet - continued
30 November 2022


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 April 2023 and were signed on its behalf by:





Mr M D Hobbs - Director


Project 64 Limited (Registered number: 08292786)

Notes to the Financial Statements
for the Year Ended 30 November 2022

1. STATUTORY INFORMATION

Project 64 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.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 25% on reducing balance
Fixtures and fittings - 25% 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 3 (2021 - 3 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and Computer
property fittings equipment Totals
£    £    £    £   
COST
At 1 December 2021 14,127 5,639 7,302 27,068
Additions - 5,516 - 5,516
At 30 November 2022 14,127 11,155 7,302 32,584
DEPRECIATION
At 1 December 2021 5,916 909 4,157 10,982
Charge for year 2,053 1,496 1,782 5,331
At 30 November 2022 7,969 2,405 5,939 16,313
NET BOOK VALUE
At 30 November 2022 6,158 8,750 1,363 16,271
At 30 November 2021 8,211 4,730 3,145 16,086

Project 64 Limited (Registered number: 08292786)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2022

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 December 2021 49,000
Disposals (49,000 )
At 30 November 2022 -
NET BOOK VALUE
At 30 November 2022 -
At 30 November 2021 49,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.22 30.11.21
£    £   
Trade debtors 28,320 13,077
Other debtors 711 27,612
29,031 40,689

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.22 30.11.21
£    £   
Bank loans and overdrafts 16,209 16,209
Trade creditors 20,653 9,211
Taxation and social security 93,695 35,267
Other creditors 23,369 5,114
153,926 65,801

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.11.22 30.11.21
£    £   
Bank loans 27,954 45,948