Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-3101true2023-04-0170229 - Management consultancy activities other than financial management 82990 - Other business support service activities not elsewhere classified 85320 - Technical and vocational secondary educationfalsetrue 05292231 2023-04-01 2024-03-31 05292231 2022-04-01 2023-03-31 05292231 2024-03-31 05292231 2023-03-31 05292231 c:Director1 2023-04-01 2024-03-31 05292231 d:CurrentFinancialInstruments 2024-03-31 05292231 d:CurrentFinancialInstruments 2023-03-31 05292231 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 05292231 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 05292231 d:ShareCapital 2024-03-31 05292231 d:ShareCapital 2023-03-31 05292231 d:RetainedEarningsAccumulatedLosses 2024-03-31 05292231 d:RetainedEarningsAccumulatedLosses 2023-03-31 05292231 c:OrdinaryShareClass1 2023-04-01 2024-03-31 05292231 c:OrdinaryShareClass1 2024-03-31 05292231 c:OrdinaryShareClass1 2023-03-31 05292231 c:EntityHasNeverTraded 2023-04-01 2024-03-31 05292231 c:FRS102 2023-04-01 2024-03-31 05292231 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 05292231 c:FullAccounts 2023-04-01 2024-03-31 05292231 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 05292231 e:PoundSterling 2023-04-01 2024-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 05292231










20/20 PROJECT MANAGEMENT LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
20/20 PROJECT MANAGEMENT LIMITED
REGISTERED NUMBER: 05292231

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

  

Current assets
  

Cash at bank and in hand
  
172
172

  
172
172

Creditors: amounts falling due within one year
 3 
(7,665)
(8,655)

Net current liabilities
  
 
 
(7,493)
 
 
(8,483)

Total assets less current liabilities
  
(7,493)
(8,483)

  

Net liabilities
  
(7,493)
(8,483)


Capital and reserves
  

Called up share capital 
  
1,000
1,000

Profit and loss account
  
(8,493)
(9,483)

  
(7,493)
(8,483)


For the year ended 31 March 2024 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

Members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




T Vincent
Director

Date: 8 November 2024

The notes on pages 2 to 3 form part of these financial statements.

Page 1

 
20/20 PROJECT MANAGEMENT LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

20/20 Project Management Limited is a private company limited by shares and incorporated in England and Wales. The registered office is 6 Orchard Close, Oakley, Aylesbury, Buckinghamshire, HP18 9QR. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

 
2.2

Going concern

At the balance sheet date the Company had net liabilities of £7,493 (2023: £8,483) The Company's continued operation is dependent on the support of other group companies. This support is available for a period of at least 12 months from the date of approval of the financial statements. 

 
2.3

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.4

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Balance sheet when the Company becomes party to the contractual provisions of the instrument.


3.


Creditors: Amounts falling due within one year

2024
2023
£
£

Amounts owed to group undertakings
7,665
7,655

Accruals and deferred income
-
1,000

7,665
8,655


Page 2

 
20/20 PROJECT MANAGEMENT LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

4.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



1,000 (2023 - 1,000) Ordinary shares of £1.00 each
1,000
1,000



5.


Controlling party

The controlling party is 20/20 Business Group Limited. The ultimate controlling parties are the Trustees of the 20/20 Employee Ownership Trust.


Page 3