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REGISTERED NUMBER: 04149823 (England and Wales)















Financial Statements for the Year Ended 31 January 2024

for

MS Project Services Limited

MS Project Services Limited (Registered number: 04149823)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4


MS Project Services Limited

Company Information
for the Year Ended 31 January 2024







DIRECTORS: M Scheffler
Ms C Bews Fullilove





SECRETARY: Ms C Bews Fullilove





REGISTERED OFFICE: 36 Queens Road
Newbury
Berkshire
RG14 7NE





REGISTERED NUMBER: 04149823 (England and Wales)





ACCOUNTANTS: Accounting & Taxation Centre BTD
36 Queens Road
Newbury
Berkshire
RG14 7NE

MS Project Services Limited (Registered number: 04149823)

Abridged Statement of Financial Position
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 401,100 397,386

CURRENT ASSETS
Inventories 2,735 4,160
Debtors 405 1,346
Cash at bank 765 209
3,905 5,715
CREDITORS
Amounts falling due within one year 236,410 152,342
NET CURRENT LIABILITIES (232,505 ) (146,627 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

168,595

250,759

CREDITORS
Amounts falling due after more than one
year

267,630

273,185
NET LIABILITIES (99,035 ) (22,426 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (99,135 ) (22,526 )
SHAREHOLDERS' FUNDS (99,035 ) (22,426 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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.

MS Project Services Limited (Registered number: 04149823)

Abridged Statement of Financial Position - continued
31 January 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings and an abridged Statement of Financial Position for the year ended 31 January 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 October 2024 and were signed on its behalf by:





M Scheffler - Director


MS Project Services Limited (Registered number: 04149823)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

MS Project Services 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
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Stocks
Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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

Current or deferred taxation assets and liabilities are not discounted.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 7 ) .

MS Project Services Limited (Registered number: 04149823)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

4. PROPERTY, PLANT AND EQUIPMENT
Totals
£   
COST
At 1 February 2023 406,337
Additions 6,338
At 31 January 2024 412,675
DEPRECIATION
At 1 February 2023 8,951
Charge for year 2,624
At 31 January 2024 11,575
NET BOOK VALUE
At 31 January 2024 401,100
At 31 January 2023 397,386