Acorah Software Products - Accounts Production 15.0.600 false true 31 October 2022 1 November 2021 false true No description of principal activity 1 November 2022 31 October 2023 31 October 2023 12281721 Mr Daniel Reasons Mrs Kayleigh Reasons iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12281721 2022-10-31 12281721 2023-10-31 12281721 2022-11-01 2023-10-31 12281721 frs-core:CurrentFinancialInstruments 2023-10-31 12281721 frs-core:Non-currentFinancialInstruments 2023-10-31 12281721 frs-core:BetweenOneFiveYears 2023-10-31 12281721 frs-core:WithinOneYear 2023-10-31 12281721 frs-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 12281721 frs-bus:FilletedAccounts 2022-11-01 2023-10-31 12281721 frs-bus:Micro-entities 2022-11-01 2023-10-31 12281721 frs-bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 12281721 frs-bus:Director1 2022-11-01 2023-10-31 12281721 frs-bus:Director1 2022-10-31 12281721 frs-bus:Director1 2023-10-31 12281721 frs-bus:Director2 2022-11-01 2023-10-31 12281721 2021-10-31 12281721 2022-10-31 12281721 2021-11-01 2022-10-31 12281721 frs-core:CurrentFinancialInstruments 2022-10-31 12281721 frs-core:Non-currentFinancialInstruments 2022-10-31 12281721 frs-core:BetweenOneFiveYears 2022-10-31 12281721 frs-core:WithinOneYear 2022-10-31
Registered number: 12281721
Project Group Holdings Ltd
Financial Statements
For The Year Ended 31 October 2023
Balance Sheet
Registered number: 12281721
2023 2022
£ £
Fixed assets 3,213 4,238
Current assets 37,550 7,210
Prepayments and accrued income 1,013 723
Creditors: Amounts Falling Due Within One Year (59,536 ) (19,035 )
NET CURRENT LIABILITIES (20,973 ) (11,102 )
TOTAL ASSETS LESS CURRENT LIABILITIES (17,760 ) (6,864 )
Creditors: Amounts Falling After More Than One Year (28,971 ) (13,229 )
Accruals and deferred income (3,738 ) (14,399 )
NET LIABILITIES (50,469 ) (34,492 )
CAPITAL AND RESERVES (50,469 ) (34,492 )

Notes

1. General Information
Project Group Holdings Ltd is a private company, limited by shares, incorporated in , registered number 12281721 . The registered office is Atelier B1 The Old Brewery, Lodway, Pill, Bristol, BS20 0DH.

The presentation currency of the financial statements is the Pound Sterling (£)
2. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2022: 2)
2 2
3. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2023 2022
£ £
Not later than one year 3,341 3,341
Later than one year and not later than five years 17,807 21,148
21,148 24,489
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4. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 November 2022 Amounts advanced Amounts repaid Amounts written off As at 31 October 2023
£ £ £ £ £
Mr Daniel Reasons (10,705 ) 70,660 (51,329 ) - 8,626
The above loan is unsecured, interest free and repayable on demand. The above loan is a joint directors loan account held equally between the two directors.
The above loan was repaid on 24th December 2023.
For the year ending 31 October 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
On behalf of the board
Mr Daniel Reasons
Director
27 August 2024