Company Registration No. 06250522 (England and Wales)
Projects Fm Limited
Unaudited accounts
for the year ended 31 May 2023
Projects Fm Limited
Unaudited accounts
Contents
Projects Fm Limited
Company Information
for the year ended 31 May 2023
Directors
Penelope Joy Aston
Brian Morris
Company Number
06250522 (England and Wales)
Registered Office
2 Highfield
Swarland
Morpeth
NE65 9HG
England
Projects Fm Limited
Statement of financial position
as at 31 May 2023
Investment property
170,606
290,086
Cash at bank and in hand
28,385
317
Creditors: amounts falling due within one year
(3,999)
(4,394)
Net current assets/(liabilities)
24,386
(4,077)
Total assets less current liabilities
194,992
286,009
Creditors: amounts falling due after more than one year
-
(74,226)
Net assets
194,992
211,783
Called up share capital
100
100
Profit and loss account
194,892
211,683
Shareholders' funds
194,992
211,783
For the year ending 31 May 2023 the company was entitled to exemption from audit 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 Act with respect to accounting records and the preparation of accounts.
These accounts 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 FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 29 November 2023 and were signed on its behalf by
Penelope Joy Aston
Director
Company Registration No. 06250522
Projects Fm Limited
Notes to the Accounts
for the year ended 31 May 2023
Projects Fm Limited is a private company, limited by shares, registered in England and Wales, registration number 06250522. The registered office is 2 Highfield, Swarland, Morpeth, NE65 9HG, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Straight line
4
Tangible fixed assets
Plant & machinery
Fair value at 1 June 2022
290,086
Projects Fm Limited
Notes to the Accounts
for the year ended 31 May 2023
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
1,644
4,034
Loans from directors
1,995
-
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).