Company Registration No. 12489359 (England and Wales)
PROJECT X PARTNERS LIMITED
Unaudited accounts
for the year ended 31 March 2024
PROJECT X PARTNERS LIMITED
Unaudited accounts
Contents
PROJECT X PARTNERS LIMITED
Company Information
for the year ended 31 March 2024
Directors
Simone Hauser
Sarah Jane Boorman
Julia Clare Powell
Marian O'Brien
Company Number
12489359 (England and Wales)
Registered Office
Fairfields
Carlton Road
South Godstone
Godstone
RH9 8LG
Accountants
Ranger Accounting Limited
Fairfields
Carlton Road
South Godstone
Godstone
RH9 8LG
PROJECT X PARTNERS LIMITED
Statement of financial position
as at 31 March 2024
Cash at bank and in hand
116,173
219,745
Creditors: amounts falling due within one year
(195,678)
(212,293)
Net current assets
4,379
60,260
Called up share capital
4
4
Profit and loss account
5,254
62,012
Shareholders' funds
5,258
62,016
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 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 16 September 2024 and were signed on its behalf by
Julia Clare Powell
Director
Company Registration No. 12489359
PROJECT X PARTNERS LIMITED
Notes to the Accounts
for the year ended 31 March 2024
PROJECT X PARTNERS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12489359. The registered office is Fairfields, Carlton Road, South Godstone, Godstone, RH9 8LG.
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
33% Straight Line
Computer equipment
33% Straight Line
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2023
2,633
692
3,325
At 31 March 2024
2,633
692
3,325
At 1 April 2023
877
692
1,569
Charge for the year
877
-
877
At 31 March 2024
1,754
692
2,446
At 31 March 2024
879
-
879
At 31 March 2023
1,756
-
1,756
Amounts falling due within one year
Trade debtors
83,884
52,808
PROJECT X PARTNERS LIMITED
Notes to the Accounts
for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
133,430
114,925
Other creditors
7,000
29,810
7
Transactions with related parties
During the period, as Director and shareholder, Mrs Boorman was issued with dividends of £112,400.
During the period, as Director and shareholder, Ms Hauser was issued with dividends of £112,400.
During the period, as Director and shareholder, Ms O'Brien was issued with dividends of £112,400.
During the period, as Director and shareholder, Mrs Powell was issued with dividends of £112,400.
8
Average number of employees
During the year the average number of employees was 4 (2023: 4).