Company Registration No. 14141105 (England and Wales)
PROJECT CORNWALL GROUP LTD
Unaudited accounts
for the period from 1 June 2023 to 31 August 2024
PROJECT CORNWALL GROUP LTD
Unaudited accounts
Contents
PROJECT CORNWALL GROUP LTD
Company Information
for the period from 1 June 2023 to 31 August 2024
Directors
Daniel Ferris
Jill Ferris
Neil Ferris
Company Number
14141105 (England and Wales)
Registered Office
6 SOUTH MOLTON STREET
LONDON
W1K 5QF
ENGLAND
Accountants
The Digital Accountant
20 Hampson Ave
Clayton-Le-Woods
Lancashire
PR25 5TH
PROJECT CORNWALL GROUP LTD
Statement of financial position
as at 31 August 2024
Tangible assets
345,629
68,061
Cash at bank and in hand
99,813
72,857
Creditors: amounts falling due within one year
(505,872)
(217,036)
Net current liabilities
(399,841)
(138,378)
Net liabilities
(54,212)
(70,317)
Profit and loss account
(54,212)
(70,317)
Shareholders' funds
(54,212)
(70,317)
For the period ending 31 August 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 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 3 September 2024 and were signed on its behalf by
Daniel Ferris
Director
Company Registration No. 14141105
PROJECT CORNWALL GROUP LTD
Notes to the Accounts
for the period from 1 June 2023 to 31 August 2024
PROJECT CORNWALL GROUP LTD is a private company, limited by shares, registered in England and Wales, registration number 14141105. The registered office is 6 SOUTH MOLTON STREET, LONDON, W1K 5QF, 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 period, 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:
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 June 2023
-
15,417
52,644
-
-
68,061
Additions
283,772
-
-
39,450
6,990
330,212
Disposals
-
-
(52,644)
-
-
(52,644)
At 31 August 2024
283,772
15,417
-
39,450
6,990
345,629
At 31 August 2024
-
-
-
-
-
-
At 31 August 2024
283,772
15,417
-
39,450
6,990
345,629
At 31 May 2023
-
15,417
52,644
-
-
68,061
Amounts falling due within one year
PROJECT CORNWALL GROUP LTD
Notes to the Accounts
for the period from 1 June 2023 to 31 August 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
130,951
-
Taxes and social security
(114)
-
Accrued preference dividends
32,500
-
Loans from directors
342,535
203,948
7
Average number of employees
During the period the average number of employees was 0 (2023: 0).