IRIS Accounts Production v24.1.9.2 02220994 Board of Directors 1.7.23 30.6.24 30.6.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh022209942023-06-30022209942024-06-30022209942023-07-012024-06-30022209942022-06-30022209942022-07-012023-06-30022209942023-06-3002220994ns15:EnglandWales2023-07-012024-06-3002220994ns14:PoundSterling2023-07-012024-06-3002220994ns10:Director12023-07-012024-06-3002220994ns10:PrivateLimitedCompanyLtd2023-07-012024-06-3002220994ns10:SmallEntities2023-07-012024-06-3002220994ns10:AuditExempt-NoAccountantsReport2023-07-012024-06-3002220994ns10:SmallCompaniesRegimeForDirectorsReport2023-07-012024-06-3002220994ns10:SmallCompaniesRegimeForAccounts2023-07-012024-06-3002220994ns10:FullAccounts2023-07-012024-06-3002220994ns10:OrdinaryShareClass12023-07-012024-06-3002220994ns10:Director22023-07-012024-06-3002220994ns10:CompanySecretary12023-07-012024-06-3002220994ns10:RegisteredOffice2023-07-012024-06-3002220994ns5:CurrentFinancialInstruments2024-06-3002220994ns5:CurrentFinancialInstruments2023-06-3002220994ns5:ShareCapital2024-06-3002220994ns5:ShareCapital2023-06-3002220994ns5:RetainedEarningsAccumulatedLosses2024-06-3002220994ns5:RetainedEarningsAccumulatedLosses2023-06-3002220994ns5:OwnedOrFreeholdAssetsns5:LandBuildings2023-07-012024-06-3002220994ns5:LongLeaseholdAssetsns5:LandBuildings2023-07-012024-06-3002220994ns5:PlantMachinery2023-07-012024-06-3002220994ns5:LandBuildings2023-06-3002220994ns5:LongLeaseholdAssetsns5:LandBuildings2023-06-3002220994ns5:PlantMachinery2023-06-3002220994ns5:LandBuildings2023-07-012024-06-3002220994ns5:LandBuildings2024-06-3002220994ns5:LongLeaseholdAssetsns5:LandBuildings2024-06-3002220994ns5:PlantMachinery2024-06-3002220994ns5:LandBuildings2023-06-3002220994ns5:LongLeaseholdAssetsns5:LandBuildings2023-06-3002220994ns5:PlantMachinery2023-06-3002220994ns5:ListedExchangeTradedns5:CostValuation2023-06-3002220994ns5:ListedExchangeTradedns5:CostValuation2024-06-3002220994ns5:ListedExchangeTraded2024-06-3002220994ns5:ListedExchangeTraded2023-06-3002220994ns10:OrdinaryShareClass12024-06-3002220994ns5:RetainedEarningsAccumulatedLosses2023-06-3002220994ns5:RetainedEarningsAccumulatedLosses2023-07-012024-06-30
REGISTERED NUMBER: 02220994 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

PROJECT MANAGEMENT SCIENCES LIMITED

PROJECT MANAGEMENT SCIENCES LIMITED (REGISTERED NUMBER: 02220994)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


PROJECT MANAGEMENT SCIENCES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: R P D Harris
Mrs C J Harris





SECRETARY: Mrs C J Harris





REGISTERED OFFICE: 50 Skinners Lane
Ashtead
Surrey
KT21 2LY





REGISTERED NUMBER: 02220994 (England and Wales)





ACCOUNTANTS: N S Lucas & Co
The Courtyard
80 High Street
Old Amersham
Buckinghamshire
HP7 0DS

PROJECT MANAGEMENT SCIENCES LIMITED (REGISTERED NUMBER: 02220994)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 635,720 641,850
Investments 5 97,573 94,726
733,293 736,576

CURRENT ASSETS
Cash at bank 309,864 366,558

CREDITORS
Amounts falling due within one year 6 8,615 6,559
NET CURRENT ASSETS 301,249 359,999
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,034,542

1,096,575

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 8 1,034,442 1,096,475
SHAREHOLDERS' FUNDS 1,034,542 1,096,575

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 September 2024 and were signed on its behalf by:





R P D Harris - Director


PROJECT MANAGEMENT SCIENCES LIMITED (REGISTERED NUMBER: 02220994)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1. STATUTORY INFORMATION

Project Management Sciences 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 comprises gross rents receivable, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - in accordance with the property
Long leasehold - in accordance with the property
Furniture & Equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Freehold Long Furniture
property leasehold & Equipment Totals
£    £    £    £   
COST
At 1 July 2023
and 30 June 2024 197,715 505,780 24,944 728,439
DEPRECIATION
At 1 July 2023 44,004 18,069 24,516 86,589
Charge for year 1,977 4,046 107 6,130
At 30 June 2024 45,981 22,115 24,623 92,719
NET BOOK VALUE
At 30 June 2024 151,734 483,665 321 635,720
At 30 June 2023 153,711 487,711 428 641,850

PROJECT MANAGEMENT SCIENCES LIMITED (REGISTERED NUMBER: 02220994)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

5. FIXED ASSET INVESTMENTS
Listed
investments
£   
COST
At 1 July 2023 94,882
Dividends received 2,847
At 30 June 2024 97,729
PROVISIONS
At 1 July 2023
and 30 June 2024 156
NET BOOK VALUE
At 30 June 2024 97,573
At 30 June 2023 94,726

Market value of listed investments at 30 June 2024 - £ 132,212 (2023 - £ 116,252 ).

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors - 740
Taxation 5,069 2,273
Directors' current accounts 156 156
Accrued expenses 3,390 3,390
8,615 6,559

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

8. RESERVES
Retained
earnings
£   

At 1 July 2023 1,096,475
Profit for the year 17,967
Dividends (80,000 )
At 30 June 2024 1,034,442