Acorah Software Products - Accounts Production 14.5.601 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 08454713 Mr M A Coe Mrs S A Coe Miss M J Starling Mr L Woolley iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08454713 2023-03-31 08454713 2024-03-31 08454713 2023-04-01 2024-03-31 08454713 frs-core:CurrentFinancialInstruments 2024-03-31 08454713 frs-core:ShareCapital 2024-03-31 08454713 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 08454713 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 08454713 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 08454713 frs-bus:SmallEntities 2023-04-01 2024-03-31 08454713 frs-bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 08454713 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 08454713 frs-bus:Director1 2023-04-01 2024-03-31 08454713 frs-bus:Director2 2023-04-01 2024-03-31 08454713 frs-bus:Director3 2023-04-01 2024-03-31 08454713 frs-bus:Director4 2023-04-01 2024-03-31 08454713 frs-countries:EnglandWales 2023-04-01 2024-03-31 08454713 2022-03-31 08454713 2023-03-31 08454713 2022-04-01 2023-03-31 08454713 frs-core:CurrentFinancialInstruments 2023-03-31 08454713 frs-core:ShareCapital 2023-03-31 08454713 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 08454713
Project Management (UK) Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Accountant's Report 1
Statement of Financial Position 2—3
Notes to the Financial Statements 4—5
Page 1
Accountant's Report
Report of the Accountant to the directors of Project Management (UK) Limited
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 31 March 2024.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the Statement of Financial Position you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give “a true and fair view”.
You have determined that the company is exempt from the statutory requirement for an audit for this accounting year. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
Signed
15/04/2024
van Dijk Accountants
Georgian House
34 Thoroughfare
Halesworth
IP19 8AP
Page 1
Page 2
Statement of Financial Position
Registered number: 08454713
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Cash at bank and in hand 80,748 82,178
80,748 82,178
Creditors: Amounts Falling Due Within One Year 4 (74,782 ) (74,818 )
NET CURRENT ASSETS (LIABILITIES) 5,966 7,360
TOTAL ASSETS LESS CURRENT LIABILITIES 5,966 7,360
NET ASSETS 5,966 7,360
CAPITAL AND RESERVES
Called up share capital 5 100 100
Income Statement 5,866 7,260
SHAREHOLDERS' FUNDS 5,966 7,360
Page 2
Page 3
For the year ending 31 March 2024 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.
On behalf of the board
Mr M A Coe
Director
15/04/2024
The notes on pages 4 to 5 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Project Management (UK) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08454713 . The registered office is Georgian House, 34 Thoroughfare, Halesworth, IP19 8AP.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. 
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
Page 4
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 4)
2 4
4. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 1,620 1,620
Corporation tax 19,092 16,442
Other taxes and social security 1,396 1,006
VAT 5,700 5,700
Directors' loan accounts 46,974 50,050
74,782 74,818
5. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
6. Dividends
2024 2023
£ £
On equity shares:
Interim dividend paid 68,500 68,500
Page 5